EDA: $2.9 Million in CARES Act Recovery Assistance Invested to Create Center for National Pandemic Resliency in Biosciences in St. Louis, MO
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.9 million CARES Act Recovery Assistance grant to BioSTL, St. Louis, Missouri, to create the Center for National Pandemic Resilience in Biosciences. The EDA grant, to be matched with $741,030 in local investment, is expected to create…
HUD: Opportunity Zone Radio Tour Kicks Off to Commemorate Three Years of Revitalizations in Forgotten Communities
Task Force members to join Secretary Carson in Radio Tour commemorating three years of revitalization success White House Opportunity and Revitalization Council Chairman and U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced a nationwide radio tour to mark the three-year anniversary of the enactment of President Trump’s historic Tax Cuts,…
EDA: $1.7 Million in CARES Act Recovery Assistance Invested to Boost Kansas State University Efforts for Coronavirus Pandemic
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.7 million CARES Act Recovery Assistance grant to Kansas State University, Manhattan, Kansas, to modernize and retool the University’s Technology Development Institute in response to adverse economic impacts caused by the coronavirus pandemic. The EDA grant, to…
EDA: $1.1 Million in CARES Act Recovery Assistance Invested to Capitalize Revloing Loan Fund in Del Norte County, CA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million CARES Act Recovery Assistance grant to the Arcata Economic Development Corporation, Eureka, California, to capitalize and administer a Revolving Loan Fund (RLF) that will provide critical gap financing to small businesses and entrepreneurs adversely affected…
EDA: $8 Million Invested in CARES Act Recovery Assistance to Establish Revolving Loan Fund in Colorado
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding an $8 million CARES Act Recovery Assistance grant to Colorado Lending Source, LTD, Denver, Colorado, to establish a Revolving Loan Fund (RLF) that will provide critical loans to small businesses and entrepreneurs adversely affected by the coronavirus pandemic…
EDA: $500,000 Invested in CARES Act Recovery Assistance to Support Small Businesses Statewide in Louisiana
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to the Good Work Network, New Orleans, Louisiana, to create a statewide virtual business training center that will provide resources for small- and minority-owned businesses. The project, to be matched with $135,000 in local funds, is expected to create 80…
HUD: Nearly $5 Million Awarded for Revitalization Plans in Eleven Neighborhoods
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today awarded nearly $5 million to eleven communities to help create plans to redevelop severely distressed HUD assisted housing and revitalize neighborhoods. Funded through HUD’s Choice Neighborhoods program, these grants will help local leaders craft comprehensive, homegrown plans to revitalize and transform these neighborhoods. “Today’s…
EDA: Investment Made to Establish Disaster Resilient Workforce Training Center in Northern Mariana Islands Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is making a critical recovery award using Fiscal Year 2019 Disaster Supplemental funds to Northern Marianas College (NMC), Saipan, Northern Mariana Islands, to construct a three-story, approximately 20,158 square foot, typhoon resistant, ADA compliant Workforce Development and Training Center. The…
EDA: $3 Million Invested in CARES Act Recovery Assistance to Aid Reopening of Tourism Economy in South Carolina
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million CARES Act Recovery Assistance grant to the South Carolina Department of Parks, Recreation and Tourism, Columbia, South Carolina, to support the implementation of the state’s Tourism Recovery Marketing Plan to assist its tourism industry’s economic…
HUD: Grant to the Global Forum for Freedom and Justice Announced
U.S. Housing and Urban Development Secretary Ben Carson announced a $2.9 million dollar grant to the Global Forum for Freedom and Justice to conduct a feasibility study to determine the best location in Birmingham, Alabama to construct the “international gathering place focused on leadership, education, innovation and understanding, placed upon the sacred soil that gave…