Investment

EDA: $1 Million Invested to Support Statewide Disaster Recovery and Resiliency Efforts in North Carolina

 Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the North Carolina Department of Public Safety (NCDPS), Raleigh, North Carolina, to aid the establishment of a statewide framework on disaster resilience planning and to provide economic guidance and strategic training. The EDA…

HUD: White House Opportunity and Revitalization Council Delivers Report to President Trump

Report Outlines Best Practices and Features Examples of Community Revitalization Occurring Across the Nation in Opportunity Zones Dr. Ben Carson, Secretary of the U.S. Department of Housing and Urban Development and Chairman of the White House Opportunity and Revitalization Council (Council), delivered a report this month to President Donald J. Trump outlining Opportunity Zone best practices and…

HUD: More than $35 Million Awarded to 31 Local HIV/AIDS Housing Programs

Funding offers stable housing for individuals and families at risk of homelessness The U.S. Department of Housing and Urban Development (HUD) today announced more than $35.8 million to assist more than 2,856 low-income persons living with HIV/AIDS and their families over a three-year period. The funding announced today is offered through HUD’s Housing Opportunities for Persons…

EDA: $5.1 Million Invested to Construct Workforce Training Center in Lincoln County, MO

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $5.1 million grant to Lincoln County, Missouri, to build a workforce training center. The EDA grant, to be matched with $360,000 in local investment, is expected to create nearly 100 jobs and generate $2.8 million in private…

HUD: Nearly $40 Million in Housing Counseling Grants Awarded

Funding will provide HUD-approved housing counseling for millions of Americans The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $40 million in housing counseling grants to help over one million individuals and families access HUD-approved housing counseling to help them avoid foreclosure and make more informed homebuying and rental choices. The grants…

EDA: $400,000 Invested in CARES Act Funding to Boost Economic Development Programs in Eight Counties in Northeast Mississippi

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $400,000 CARES Act Recovery Assistance grant to the Three Rivers Planning & Development District, Pontotoc, Mississippi, to update economic development plans and fortify programs to assist communities in responding to the coronavirus pandemic. “The Trump Administration is eager to allocate these essential…

EDA: $1.6 Million Invested to Establish Critical Stormwater Drainage Infrastructure in Middle Shoals, AL

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the city of Muscle Shoals, Alabama, to make stormwater drainage infrastructure improvements to protect businesses from the impact of future storms. The EDA grant, to be matched with nearly $407,000 in local investment,…

EDA: $2.1 Million Invested to Establish Training Center for Nursing Programs in Schriever, LA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.1 million grant to the Fletcher Falcon Enterprise Corporation of Schriever, Louisiana, to build a new healthcare and nursing training facility to support the workforce demands of regional employers. The EDA grant, to be matched with $560,000…

EDA: $2 Million Invested to Provide Critical Infrastructure at Shenandoah Valley Regional Airport in Weyers Cave, VA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $2 million grant to the Shenandoah Valley Regional Airport Commission in Weyers Cave, Virginia, to construct new airport hangars and training space to support increased aviation activity in the region. “From day one, the Trump Administration put infrastructure…

OCC: $800,000 Invested to Grow Revolving Loan Fund Serving Businesses in Tallahassee, FL Opportunity Zone

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $800,000 grant to the Apalachee Regional Planning Council (ARPC) in Tallahassee, Florida, to support business recovery and resilience efforts in the wake of Hurricane Michael by capitalizing a second loan pool under the ARPC Revolving Loan Fund. The investment, located in a Tax…