Investment

EDA: $6.7 Million Invested to Support Local Business Development and Job Growth Efforts in West Virginia

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $6.7 million in grants to the State of West Virginia to support local business development and job growth efforts. According to grantee estimates, the projects are expected to create or retain more than 1,430 jobs, while generating $35…

EDA: $7.1 Million Invested to Improve Disaster Resilience at the Big Pasco Industrial Center in Pasco, WA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $7.1 million grant to the Port of Pasco in Pasco, Washington, to make roadway and storm water management improvements needed to support the continuous operation of the Big Pasco Industrial Center. According to grantee estimates, the project…

EDA: $1.17 Million Invested to Strengthen Manufacturing in Puerto Rico

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.17 million grant to Puerto Rico Manufacturing Extension, Inc. (PRIMEX) of San Juan, to provide assistance and training to local manufacturing businesses to include disaster preparedness and resilience planning. According to grantee estimates, the project is expected…

EDA: $5.5 Million Invested to Build Workforce Training Center in Perris, CA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $5.5 million grant to the city of Perris, California, to help build the Perris Downtown Skills Training and Job Placement Center. According to grantee estimates, the project is expected to create 325 jobs and spur $10 million…

EDA: $562,571 Invested to Support Job Creation in Chevak, AK

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $562,571 grant to the city of Chevak, Alaska, to support local job creation efforts. According to grantee estimates, the project is expected to create 12 jobs and generate $406,000 in private investment. “We commend the city of Chevak for taking advantage of…

HUD: $6.7 Million in Research Grants Awarded to Reduce Lead and Other Housing-Related Health Hazards

Funding to improve methods to identify and control key residential hazards WASHINGTON – To help protect children and seniors from exposure to lead and other home health hazards, the U.S. Department of Housing and Urban Development (HUD) today awarded $6.7 million to seven universities and public health organizations to improve methods for identifying and controlling…

CDFI Fund: Updated CDFI Program Investment Areas and Target Markets Based on 2011-2015 ACS Census Data

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has released updated Investment Areas for the Community Development Financial Institutions Program (CDFI Program). Investment Areas have been revised using the U.S. Census Bureau’s 2011-2015 American Community Survey (ACS) to provide more current socioeconomic and demographic data that reflect changes since the…

EDA: $14.5 Million Invested to Support Disaster Recovery Efforts in Texas

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $14.5 million in grants to communities throughout Texas to help support local recovery efforts following Hurricane Harvey. According to grantee estimates, the project is expected to create and retain over 480 jobs, while generating $512 million in private…

EDA: $4.3 Million Invested in Ohio to Boost Business Development and Job Growth

oday, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $4.3 million in grants to the State of Ohio to help support local innovation and other economic growth efforts. “The Trump Administration is committed to spurring innovation efforts among students at colleges around the country,” said Secretary of…