Investment

EDA: $880,000 Invested to Establish a Center for Cyber Security Workforce Training at Rose State College

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $880,000 grant to Rose State College of Midwest City, Oklahoma, to help build a cyber security center that will assist in satisfying industry demand for trained workers. The grant, to be matched with $3 million in local investment, is expected to create…

EDA: $587 Million Available to Aid Communities Impacted by Natural Disasters

U.S. Secretary of Commerce Wilbur Ross today announced that the Department’s Economic Development Administration (EDA) has published the Fiscal Year 2019 (FY2019) Disaster Supplemental Notice of Funding Opportunity (NOFO) making $587 million available to eligible grantees in communities impacted by Presidentially declared natural disasters in 2018, and floods and tornadoes in 2019. “The Trump Administration…

EDA: $3.38 Million Invested to Improved Infrastructure at the Lafayette Regional Airport

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 Lafayette Airport Commission in Louisiana, to help construct and rehabilitate parking facilities at the Lafayette Regional Airport. The grant, to be matched with $3.38 million in local investment, is expected to help…

EDA: $986,000 Investment Made to Establish Kitchen Incubator and Business Accelerator in Millersburg, KY

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $986,000 grant to Community Ventures Corporation to convert the first floor of McIntyre/Rankin Hall located on the former Millersburg Military Institute property into a full-service kitchen incubator and business accelerator. The grant, to be matched with $766,615 in local investment, is expected…

OCC: Comptroller Tours Atlanta Areas Where the CRA Has Benefitted the Community and Where More Can Be Done

Comptroller of the Currency Joseph Otting, today visited Atlanta to tour neighborhoods that have benefitted from activities encouraged by the Community Reinvestment Act (CRA) and areas that could benefit from additional CRA activity. “Today, we saw what great things can be accomplished when banks, civil rights organizations, nonprofit groups, and local advocates work together to…

EDA: $962,000 Invested to Make Critical Water Infrastructure Improvements in Doddridge County, WV

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $962,000 grant to the Doddridge County Public Service District to provide water service at a 50-acre commercial site located out of the floodplain in Doddridge County, West Virginia. The EDA grant, to be matched with $962,000 in local investment, is expected to…

HUD: $25 Million Awarded to 25 Local HIV/AIDS Housing Programs

Funding offers stable housing for individuals and families at risk of homelessness The U.S. Department of Housing and Urban Development (HUD) today announced nearly $25 million to assist more than 2,054 low-income persons living with HIV/AIDS and their families over a three-year period. The funding announced today is offered through HUD’s Housing Opportunities for Persons with…

EDA: $3 Million Invested to Support Food Processing Sector in Pasco, WA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the city of Pasco, Washington, to make water infrastructure improvements needed to serve food processing and other businesses in the region. The grant, which will be matched with $3.9 million in local funds,…

EDA: $700,000 Invested Made for Critical Infrastructure Improvements in Laguna Vista, TX Opportunity Zone

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $700,000 grant to Laguna Madre Water District of Laguna Vista, Texas, to help attract new businesses to the region by increasing the capacity of the city’s existing wastewater system. The grant, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will…