HUD: Rental Assistance Demonstration Generates More Than $10 Billion in Construction Activity to Preserve Affordable Housing
Today, the U.S. Department of Housing and Urban Development announced a major milestone for the Rental Assistance Demonstration (RAD) program, which has now facilitated more than $10 billion in capital investment since the program’s inception to improve or replace 140,000 public housing units – the majority of which house extremely low-income families, seniors, and persons…
EDA: $500,000 in CARES Act Recovery Assistance Invested to Support Business Recovery and Resilience Efforts Across Texas
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to the Texas Economic Development Council, Austin, Texas, to support economic recovery efforts through educational resources for local businesses responding to the coronavirus pandemic. The EDA grant is expected to create 225 jobs, retain 284 jobs, and spur $5 million…
EDA: $3 Million in CARES Act Recovery Assistance Invested to Support Manufacturing Expansion Near Opportunity Zone in Sharp County, AR
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 Sharp County, Arkansas, to renovate and rebuild a manufacturing facility and boost county economic diversification and resiliency efforts. The EDA grant, to be located near a Tax Cuts and Jobs…
EDA: $1.9 Million Invested to Extend Potable Water Service in Marshall County, WV Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million grant to Grandview Doolin Public Service District, Proctor, West Virginia, for water infrastructure that will provide potable water service to industrial customers in Marshall County. The EDA grant, to be located in a Tax Cuts and…
EDA: $600,000 in CARES Act Recovery Assistance Invested to Support Regional Economic Recovery Strategies in Gallup, NM Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,00 grant to the city of Gallup, New Mexico, to support regional economic recovery strategies for healthcare and transportation industries. The project, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be matched with $150,000 in local funds….
EDA: $500,000 in CARES Act Recovery Assistance Invested in Grant County, NM
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to Grant County, New Mexico, to support economic recovery and expansion efforts in partnership with the Silver City Chamber of Commerce and Western New Mexico University. This EDA grant will be matched with $126,552 in local funds. “Helping our communities…
EDA: $4 Million Invested to Establish Workforce Training Facility Near Wabash County, IN Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to Wabash County, Indiana, to expand the Heartland Career Center to provide adult career training in healthcare and advanced manufacturing. The EDA grant, to be located near a Tax Cuts and Jobs Act Opportunity Zone, will…
CDFI Fund: $650,000 in CARES Act Recovery Assistance Invested to Implement a Technical Assistance Program Near Fayetteville, AR Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $650,000 CARES Act Recovery Assistance grant to Community Venture Foundation, Fayetteville, Arkansas, to provide technical assistance to small businesses impacted by the coronavirus pandemic in Northwest Arkansas. The EDA grant project, to be located near a Tax Cuts and Jobs Act Opportunity Zone, will…
EDA: $3.2 Million Invested to Support Business Development and Economic Diversification Efforts in Cortlandt, NY
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.2 million grant to the Town of Cortlandt, New York, to prepare a municipally-owned, 99-acre parcel of land for private development. The EDA grant, to be matched with $43.2 million in local funds, is expected to generate…
EDA: $2.2 Million Invested to Support the Growth of Meat Processors Near Cody, WY Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.2 million grant to Forward Cody Wyoming, Inc., Cody, Wyoming, to expand a facility in the North Cody Industrial Park that serves meat processors. The EDA grant, to be located near a Tax Cuts and Jobs Act Opportunity Zone,…