Investment

EDA: $1.57 Million Invested to Provide Critical Water Services in Piedmont, WV

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $1.57 million grant to the city of Piedmont, West Virginia, to provide critical water service to address an emergency water supply loss due to a local water treatment plant closure. The EDA grant, to be matched with $394,130…

EDA: $1.2 Million Invested to Provide Critical Infrastructure in Ashley, IN

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the town of Ashley, Indiana, to extend water and sewer access for a major plastics recycling company and to provide opportunities for further industrial and commercial development. The EDA grant, to be matched…

EDA: $3 Million Invested to Boost Agriculture and Tourism Sectors in Hardwick, VT

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the town of Hardwick, Vermont, to restore the historic Yellow Barn Accelerator facility and construct a new building for the local agricultural and forestry industries. The EDA grant will provide opportunities to leverage…

EDA: $700,000 Invested to Support Business-Focused Disaster Recovery and Resiliency Efforts in Arkansas

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $700,000 grant to the University of Arkansas, Fayetteville, Arkansas, to expand trade, export and commercialization opportunities for Arkansas businesses and agribusinesses. The EDA grant will be matched with $175,000 in local investment. “The Trump Administration is working diligently to help communities impacted…

EDA: $15.67 Million Invested to Provide Critical Water Infrastructure Near South Carolina Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $15.67 million grant to the city of Walterboro, South Carolina, to make critical water infrastructure improvements needed to protect businesses from severe weather events. The EDA grant, to be located near an Opportunity Zone matched with $3.9…

EDA: $6.8 Million Invested to Improve Water Infrastructure in Lumberton, NC

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $6.8 million grant to the city of Lumberton, North Carolina, to make critical infrastructure improvements needed to improve drainage and maintain business continuity during flood events. The EDA grant, to be matched with more than $2.3 million…

CDFI Fund: FY 2020 Funding Round of BEA Program Is Now Open

​Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2020 funding round for the Bank Enterprise Award Program (BEA Program). Application materials are now available on the BEA Program page of the CDFI Fund’s website in anticipation of the publication of the FY 2020 Notice of Funds…

HUD: VA and HUD Announce Support to Help Homeless Veterans in Minnesota Find Permanent Homes

Nearly $35,000 in HUD-VASH vouchers will provide housing and supportive services for St. Paul veterans  In a continuing effort to end veteran homelessness, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced nearly $35,000 to the Public Housing Agency of the City of St. Paul…

HUD: $24 Million Awarded to Help Children in Foster Care

Today, the U.S. Department of Housing and Urban Development (HUD) awarded $24.4 million to public housing authorities nationwide through the Family Unification Program (FUP). This funding will make more than 1,900 vouchers available for families who are unable to secure affordable housing for their children or dependents, and former foster youth at risk of homelessness. Housing…

EDA: $6.7 Million Invested to Expand Technology Park in San Luis Obispo, CA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $6.7 million grant to the Cal Poly Corporation, in San Luis Obispo, California, to construct a facility to expand the Cal Poly Technology Park. The EDA grant, to be matched with more than $4 million in local…