EDA: $712,000 Invested to Make Critical Infrastructure Improvements Needed to Serve Business Community in Monticello, KY
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $712,000 grant to the city of Monticello, Kentucky, to construct sewer infrastructure needed to serve existing businesses and attract new businesses to the region. According to grantee estimates, the project is expected to retain 505 jobs and generate $9.5 million in private…
EDA: $2.4 Million Invested to Provide Critical Infrastructure Needed to Support Business Needs in Tallassee, AL
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the city of Tallassee, Alabama, to make critical infrastructure upgrades and improvements needed to support the competitiveness of local business community. According to grantee estimates, the project is expected to create 10 jobs,…
EDA: $500,000 Invested to Support Workforce Training Efforts in Mobile, AL
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to Alabama Aviation Education Center, Inc., of Mobile, Alabama, which is located in a Tax Cuts and Jobs Act designated Opportunity Zone, to support development of the new Flight Works Alabama Aviation Education Center. “President Trump is committed to helping…
EDA: $2.5 Million Invested to Support Life Sciences-Focused Business Growth in Riverside, CA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the University of California-Riverside, which is located in a Tax Cuts and Jobs Act designated Opportunity Zone, to acquire equipment for use in a life sciences industry business incubator. “President Trump is working…
EDA: $800,000 Invested to Support Business Growth in Natural Disaster-Impacted Santa Rosa, CA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $800,000 grant to the Sonoma County Economic Development Board Foundation (SCEDBF) of Santa Rosa, California, to capitalize a Revolving Loan Fund (RLF) that will support business growth and resiliency in the wake of recent natural disasters. According to grantee estimates, the project…
HUD: Request for Information on Maximizing the Positive Impact of Opportunity Zones Announced
he U.S. Department of Housing and Urban Development (HUD) today announced a Request for Information (RFI) seeking public input on how the Department can use its existing authorities to maximize the beneficial impact of Opportunity Zones for residents and their communities. This RFI will allow the public to share existing knowledge and provide recommendations to…
EDA: $2.5 Million Invested to Protect Businesses from Flooding in Dubuque, IA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the city of Dubuque, Iowa, to help protect local businesses from flooding by replacing existing flood gates and pumps. According to grantee estimates, the project is expected to create 152 jobs, retain 436…
EDA: $2 Million Invested to Repurpose an Existing Commercial Facility to Support Growing Industries in West Frankfort, IL
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 West Frankfort, Illinois, to repurpose the West Frankfort Mall to serve growing industries. According to grantee estimates, the project is expected to create 218 jobs, retain 208 and generate $1.5…
EDA: $1.5 Million Invested to Make Critical Water Infrastructure Improvements Needed to Support Business Expansion in Durant, OK
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 Durant, Oklahoma, to make critical water infrastructure improvements needed to support business expansion in the region. The investment will bring new growth to a Tax Cuts and Jobs Act-designated Opportunity…
EDA: $2.6 Million Invested to Protect Businesses from Natural Disasters in Viroqua, WI
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 Viroqua, Wisconsin, to update critical water infrastructure needed to protect local businesses from flooding. According to grantee estimates, the project is expected to create or retain 61 jobs and spur…