Investment

EDA: $2 Million Invested to Expand Jonesboro Industrial Park in Jonesboro, AR Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Jonesboro, Arkansas, to make rail infrastructure improvements needed to support the expansion of the Jonesboro Industrial Park. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone,…

HUD: More Than $9 Million Awarded to Make Housing Safer for Tribal Communities

Funding to make low-income tribal homes safer and healthier The U.S. Department of Housing and Urban Development (HUD) today awarded more than $9 million in Healthy Homes Production grants to twelve tribes and tribal agencies to protect children and families from home health and safety hazards. “As a pediatric neurosurgeon I have seen firsthand the…

EDA: Over $24 Million in CARES Act Funding Invested to Support Recovery from Coronavirus Pandemic

The U.S. Department of Commerce’s Economic Development (EDA) administration has awarded millions in CARES Act Funding to support economic development and economic recovery in response to the coronavirus pandemic. Investments include: October 1, 2020 – U.S. Department of Commerce to Invest $15 Million in CARES Act Recovery Assistance to Aid Reopening of Economy in Washington State…

EDA: $2.6 Million Invested to Construct New Manufacturing Facility in Jackson County, FL

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million grant to Jackson County, Florida, to construct a building at the Jackson County Industrial Park to support manufacturing growth and boost county economic diversification and resiliency efforts. The EDA grant, to be matched with $2…

EDA: $3.3 Million Invested to Provide Critical Infrastructure Improvments in Calumet City, IL Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.3 million grant to Calumet City, Illinois, to make road and water infrastructure improvements needed to support development at the city’s Riverside Drive Industrial Park. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity…

EDA: $2.166 Million Invested to Support Development of Offshore Wind Power Industry in Maine

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.166 million grant to the Governor’s Energy Office, Augusta, Maine, to develop a roadmap for establishing an offshore wind power industry. The EDA grant will be matched with $267,624 in state funds and $112,457 in local funds….

EDA: $1.5 Million Invested to Boost Growth Near Opportunity Zone in Levelland, TX

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 city of Levelland, Texas, to make rail, road, and water infrastructure improvements needed to support expansion efforts of manufacturers and businesses in the Levelland Industrial Rail Park. The EDA grant, to be…

EDA: $1.1 Million Invested to Protect Transportation Routes from Flooding in Altus, OK Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million grant to the city of Altus, Oklahoma, to make flood-resilient water infrastructure improvements needed to support the transportation needs of the local business community. The EDA grant, to be located in a Tax Cuts and Jobs…

EDA: $2.6 Million Invested to Make Water Infrastructure Improvements in Kenova, WV

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million grant to the city of Kenova, West Virginia, to make water infrastructure improvements needed to spur business growth and economic development throughout the region. This EDA grant will be matched with $966,000 in local funds…

EDA: $2 Million Invested to Make Building Improvements Needed to Boost Business Growth in Woodward, OK

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Woodward, Oklahoma, to make building renovations at the Woodward Industrial Airpark to attract and support businesses following devastating fires in 2018. The EDA grant will be matched with more than…