EDA: $2 Million Invested to Enhance Health Sciences Sector in Kinston, NC
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Lenoir Community College in Kinston, North Carolina, to support the renovation of the college’s Lloyd Health Science Building. The EDA grant, to be matched with more than $5 million in state funding and…
CDFI Fund: Bond Guarantee Program Application Period Opens for FY 2020
Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2020 application period for the CDFI Bond Guarantee Program. A total of up to $500 million in guarantee authority is available to Eligible Community Development Financial Institutions (Eligible CDFIs) in FY 2020. Through the CDFI Bond…
EDA: $1.5 Million Invested to Boost Entrepreneurial Development Efforts in Disaster-Impacted Fargo, ND
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 North Dakota State University (NDSU) Research & Technology Park in Fargo, North Dakota, to advance entrepreneurial development efforts. The EDA grant will help NDSU purchase equipment for a newly retrofitted makerspace that…
HUD: Over $118 Million Awarded to Local Homeless Programs
Funding will support service providers and non-profits across the Nation Today, the U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson announced over $118 million in grants to support local homeless assistance programs across the country. This round of HUD’s Continuum of Care grants will provide critically needed support to approximately 630 local programs on…
CDFI Fund: Important Reminders for FY 2020 CDFI Program and NACA Program Round Applicants
As a reminder for fiscal year (FY) 2020 Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) applicants, the deadline for online submission of the SF-424 through Grants.gov for this year’s CDFI Program and NACA Program funding rounds is March 23, 2020 at 11:59 PM ET. Applicants must also have created…
HUD: Additional $1.1 Million Announced to Public Housing Authorities to Assist Young People Aging Out of Foster Care
Funding supports youth aging out of foster care to avoid homelessness Today, U.S. Housing and Urban Development (HUD) Secretary Ben Carson announced an additional $1.1 million in funding for HUD’s new Foster Youth to Independence (FYI) Initiative. Ten housing authorities will receive this funding, continuing HUD’s efforts to assist young adults transitioning out of foster care…
EDA: $1.5 Million Invested to Make Critical Roadway Improvements Needed to Support Business Growth in Springdale, 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 Springdale, Arkansas, to support business growth by improving roadway infrastructure needed to ease the movement of commercial traffic. The EDA grant, to be matched with $1 million in local funds,…
EDA: $2.2 Million Invested to Establish Disaster Recovery Headquarters in San Angelo, TX
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 Concho Valley Council of Governments (CVCOG) in San Angelo, Texas, to purchase a building to serve as CVCOG’s regional headquarters. The facility will provide disaster recovery and economic development services to the region….
EDA: $1.1 Million Invested to Improve Freight Rail Connector to Serve Businesses in Catoosa, OK Port
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 Tulsa Port of Catoosa, Oklahoma, to improve the critical freight rail infrastructure in the busy port city, which is prone to natural disasters. The EDA grant will be matched with $1.1 million…
EDA: $850,000 Invested to Establish Maritime Training Facility in New Orleans Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $850,000 grant to Delgado Community College of New Orleans, Louisiana, to support the growth of Louisiana’s water transportation industry by building the new Delgado Maritime and Industrial Training Facility. The EDA grant project, to be located in a Tax Cuts and Jobs Act …