EDA: $2.3 Million Invested Support Business Development in Floyd, VA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to the Economic Development Authority of Floyd County, Virginia, to construct the Floyd Growth Center Building. The EDA grant, to be matched with $576,385 in local investment, is expected to spur $5 million in…
HUD: Pandemic Underscores Need for HUD’s Foster Youth Housing Program; Department Allocates New Funding to Six States
Foster Youth to Independence Initiative has now issued over $1.1 million in funding U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced $100,000 in the latest installation of grants for HUD’s new Foster Youth to Independence (FYI) Initiative. Six housing authorities will receive this funding, continuing HUD’s efforts to assist young adults…
EDA: $6.4 Million Invested to Increase Water and Sewer Capacity Near Opportunity Zone in Yankton, SD
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $6.4 million grant to the city of Yankton, South Dakota, to make necessary water and sewer infrastructure improvements to increase capacity for businesses and promote resiliency following flood damage in 2019. The EDA grant, to be located…
EDA: $2 Million Invested to Support Economic Development Planning and Disaster Resiliency Efforts in Arkansas
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Southeast Arkansas Economic Development District, Inc., (SEAEDD) of Pine Bluff, Arkansas, to establish a new headquarters facility in Pine Bluff. The EDA grant will be matched with $399,000 in local investment. “The Trump…
EDA: $550,280 Invested to Support Disaster Resiliency Efforts in Midwest States
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $550,280 grant to the International Economic Development Council (IEDC), of Washington, D.C., to provide disaster recovery technical assistance to states across the Midwest that were impacted by natural disasters in 2018 and 2019. The EDA grant will be matched with $137,570 in…
EDA: $13 Million Invested to Build Disaster Resilient Business Incubator in Puerto Rico Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $13 million grant to the University of Puerto Rico in Ponce to establish a disaster resilient research and business facility to support high-growth businesses focused on the health and medical tourism industries. The EDA grant, to be…
EDA: $1 Million Invested to Establish Revolving Loan Fund to Serve Small Businesses in Eastern Idaho
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 East-Central Idaho Planning & Development Association (ECIPDA) of Rexburg, Idaho, to establish a Revolving Loan Fund (RLF) to assist the growth of small businesses in Butte, Clark, Custer, Fremont, Jefferson, Lemhi, Madison…
EDA: $1.5 Million Invested to Support Disaster Resiliency Planning in Des Moines, IA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the Iowa Economic Development Authority of Des Moines, Iowa, to develop and integrate comprehensive disaster assessments and resiliency plans for Mills and Fremont counties. The EDA grant will be matched with more than…
EDA: $2.75 Million Invested to Strengthen Cybersecurity Industry in Colorado Springs, CO Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.75 million grant to the Regents of the University of Colorado, Colorado Springs, Colorado, to expand and renovate the University of Colorado cybersecurity building. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone,…
EDA: $1.5 Million Invested to Make Critical Infrastructure Improvements in Johnston County, NC
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to Johnston County, North Carolina, to make critical water infrastructure improvements needed to serve a major regional distribution center. The EDA grant, to be matched with $1.5 million in local investment, is expected to…