HUD: Historic $450 Million Investment Made to Provide COVID-19 Relief Funding to Native American Communities Across the Nation
American Rescue Plan funding will help Tribal Communities respond to COVID-19 Pandemic U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge on Thursday announced $450 million in Indian Housing Block Grants (IHBG) to Indian tribes across the country to respond to COVID-19. This funding will be used to help Tribes carry out…
Interagency Interim Final Rule Issued Regarding the Emergency Capital Investment Program
On March 22, 2021, the Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), and Federal Deposit Insurance Corporation (FDIC) (collectively, the agencies) published an interim final rule to support and facilitate the timely implementation of the congressionally authorized Emergency Capital Investment Program (ECIP). Under ECIP, the…
SBA: Veterans Business Outreach Center Funding Opportunity Announced
Private organizations, colleges and universities, private sector firms, nonprofit organizations and state, local or tribal governmental agencies across Pennsylvania, Delaware, Washington, D.C., Maryland, Northern California, and Nevada are eligible to apply for funding from the U.S. Small Business Administration to provide training and counseling to aspiring and existing veteran small business owners as a Veterans Business Outreach Center (VBOC)….
SBA: Portal Launched to Begin Accepting Shuttered Venue Operators Grant Applications on April 8th
National informational webinar to review application process on March 30 The U.S. Small Business Administration is launching a splash page for the Shuttered Venue Operators Grant (SVOG) application portal today in anticipation of opening applications for the much-anticipated critical economic relief program on Thursday, April 8, 2021. “Help is here for venue operators hit hard by the COVID-19 pandemic. The…
EDA: $4 Million in CARES Act Recovery Assistance Invested to Boost Aerospace Workforce Training Efforts in Oklahoma
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million CARES Act Recovery Assistance grant to Southern Tech, Ardmore, Oklahoma, to help build their Aerospace Airframe and Powerplant Certification Training facility. This EDA grant, to be matched with $1 million in local investment, is expected…
EDA: $3.4 Million in CARES Act Recovery Assistance INvested to Boost Tourism and Manufacturing Growth Efforts in Tennessee
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $3.4 million in CARES Act Recovery Assistance grants to help the state of Tennessee prevent, prepare for, and respond to coronavirus by supporting local tourism and manufacturing growth strategies. “The Biden Administration is committed to getting our tourism…
EDA: $2.85 Million in CARES Act Recovery Assistance Invested to Aid Reopening of Alaska’s Tourism Economy
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.85 million CARES Act Recovery Assistance grant to the Alaska Travel Industry Association, Anchorage, Alaska, to implement emergency efforts needed to aid in the reopening of the state’s tourism economy. This EDA grant will be matched with…
EDA: $2.5 Million in CARES Act Recovery Assistance Invested to Support Business Capital Needs in Missouri
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $2.5 million in CARES Act Recovery Assistance grants to provide the capital needed to seed new businesses and support the growth of established businesses impacted by the coronavirus pandemic. “President Biden is committed to unleashing the full power…
EDA: $1.99 Million in CARES Act Recovery Assistance Invested to Help Establish New Hospital in Lake City, SC
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.99 million CARES Act Recovery Assistance grant to the city of Lake City, South Carolina, to make water and sewer infrastructure improvements needed to serve a new hospital building in the region. This EDA grant will be…
EDA: $1 Million in CARES Act Recovery Assistance Invested to Create Business Resource Center in Pleasanton, TX
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million CARES Act Recovery Assistance grant to the city of Pleasanton, Texas, to renovate a former downtown elementary school for use as a business center that will support economic development growth in downtown Pleasanton and provide…