EDA: $872,220 Invested to Boost Industrial Growth in Cedar Springs, MI
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $872,220 grant to the city of Cedar Springs, Michigan, to provide critical infrastructure improvements needed to develop a new industrial park. This EDA grant will be matched with $581,480 in local investment, and is expected to attract an eventual $30 million in…
EDA: $500,000 Invested to Purchase Equipment Needed to Support Workforce Training Opportunities in Gillette, WY
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to the Northern Wyoming Community College District of Sheridan, Wyoming, to purchase Science, Technology, Engineering and Math (STEM) equipment needed to support workforce training initiatives at Gillette College. This EDA grant will be matched with $500,000 in local investment and…
HUD: Record $330 Million Offered to Clean Up Dangerous Lead and Other Hazards in Housing
Largest funding amount available ever to make low-income housing lead safe The U. S. Department of Housing and Urban Development today announced a record $330 million in grants to clean up lead-based paint hazards and other housing-related health and safety hazards in low-income housing. Click here to view Secretary Carson talking about the importance of this…
EDA: Investment Made to Support Small Business Growth and Resiliency in California
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $880,000 grant to California Capital FDC of Sacramento, California, to capitalize a Revolving Loan Fund (RLF) and provide technical assistance to potential borrowers in the disaster-impacted counties of Sacramento, Yolo, Placer, El Dorado, and Nevada. This EDA grant will be matched with…
EDA: $600,000 Invested to Help Northeast Ohio Region Respond to Closure of the GM Lordstown Plant, Loss of Coal Jobs
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,000 grant to the Eastgate Regional Council of Governments of Youngstown, Ohio, to contract a recovery coordination team following the recent non-allocation of the General Motors Lordstown facility and the historic downturn of the coal economy. The team will work with local…
EDA: Investment Made to Develop Natural Disaster Resilient Renewable Energy System in Puerto Rico Opportunity Zone
oday, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.1 million grant to Fundación Comunitaria de Puerto Rico, San Juan, Puerto Rico, to install a 100 percent renewable energy system to support businesses in the municipality of Culebra, Puerto Rico. The project, to be located in…
EDA: Investment Made to Improve Hardeeville Commerce Park in South Carolina Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.86 million grant to the city of Hardeeville, South Carolina, to make infrastructure improvements to the Hardeeville Commerce Park to increase extreme weather resiliency in the future. The project, to be located in a Tax Cuts and Jobs…
CDFI Fund: FY 2019 Capital Magnet Fund Funding Round Opens
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened today the fiscal year (FY) 2019 funding round for the Capital Magnet Fund. Through the Capital Magnet Fund, the CDFI Fund competitively awards funds to CDFIs and qualified non-profit housing organizations. These awards can be used to finance affordable housing activities,…
EDA: Investment Made to Help Establish Industrial Park in Opportunity Zone in Berryville, AR
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 Berryville, Arkansas, to provide critical infrastructure needed to establish a 160-acre industrial park. The project, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be matched with $401,100…
EDA: $1.7 Million Invested to Improve Lamar Boulevard in Hattiesburg, MS
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to the city of Hattiesburg, Mississippi, to rehabilitate and improve Lamar Boulevard so that it better drains in the event of potential flood events and can support increased commercial traffic volume. The investment, to…