Investment

EDA: $2.2 Million Invested to Boost Economic Diversification Efforts in Ohio’s 18-County Appalachian Region

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 Ohio University, Athens, Ohio, to provide technical assistance to accelerate the economic transition to new industries in 18 counties in Appalachian Ohio. The EDA grant will be matched with $550,000 in local funds….

EDA: $5 Million Invested in CARES Act Recovery Assistance to Support Reopening of Tourism Economy in Florida

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $5 million CARES Act Recovery Assistance grant to the Florida Tourist Industry Marketing Corporation, Inc., Tallahassee, Florida, to develop and implement a collaborative statewide tourism recovery marketing campaign to respond to the extreme economic injury caused to…

EDA: $3.8 Million Invested to Provide Critical Hospital Infrastructure Enhancements in Mobile, AL

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.8 million grant to the University of South Alabama, Mobile, Alabama, to install a new emergency generator system to ensure consistent and reliable power for the University Hospital. The EDA grant will be matched with more than…

HUD: $10 Million in Capacity Building Grants for Rural America Announced

Grants help national non-profits build capacity to create affordable housing and stimulate community development in rural areas The U.S. Department of Housing and Urban Development (HUD) today awarded $10 million in capacity-building grants to five national non-profit organizations which will, in turn, fund rural housing development organizations, Community Development Corporations (CDCs), Community Housing Development Organizations…

CDFI Fund: Public Comments Requested on Capital Magnet Fund Application and Annual Performance Report

The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the Community Development Financial Institutions Fund (CDFI Fund),…

EDA: $1.6 Million Invested to Support Research and Education in Pittsburg, KS Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to Pittsburg State University, Pittsburg, Kansas, to provide instrumentation and equipment to the newly established National Institute for Materials Advancement at the Kansas Polymer Research Center. The EDA grant, to be located in a Tax…

CDFI Fund: Public Comments Sought on NMTC Program Allocation Application

The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Pub. L. No. 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently,…

HUD: Over $34 Million Awarded to Three Public Housing Agencies to Support Emergency Capital Needs

The U.S. Department of Housing and Urban Development (HUD) today awarded over $34 million to three public housing agencies (PHA) to address emergencies that threaten residents’ health and safety, as well as to help secure their public housing properties against crime and drug-related activity. “Home hazards can manifest without warning,” said HUD Secretary Ben Carson….

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,…