EDA: $1.25 Million Invested to Expand Missouri State University Business Incubator

 Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.25 million grant to Missouri State University, Springfield, Missouri, to expand its business incubator located in the Robert W. Plaster Free Enterprise Center. The project, to be located in a Tax Cuts and […]

EDA: $1.46 Million Invested to Establish Advance Carbon Products Innovation Center in Campbell County, WY

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.46 million grant to the Campbell County Economic Development Corporation of Gillette, Wyoming, to help build an Advanced Carbon Products Innovation Center that will spur new business growth in the Powder River […]

HUD: $5.2 Million Awarded to 23 Public Housing Agencies for Emergency Safety and Security Improvements

The U.S. Department of Housing and Urban Development (HUD) today announced it is awarding $5.2 million to 23 Public Housing Authorities (PHAs) in 15 states to make needed improvements to their safety and security systems. HUD’s Capital Fund Emergency Safety and Security Program supports public housing authorities as they address the safety […]

CDFI Fund: Application Demand for FY 2019 Round of BEA Program Released

Over $428 Million in Increased Investments, Lending and Services in Highly Distressed Communities and to CDFIs The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today the application data for the fiscal year (FY) 2019 round of its Bank Enterprise Award Program (BEA Program). A […]

OCC: Comptroller Visits New York Neighborhoods Supported by the CRA, Discusses Opportunities to Do More

Comptroller of the Currency Joseph Otting today participated in a tour of New York neighborhoods to see firsthand the success of Community Reinvestment Act (CRA) activity and discuss how CRA regulations can promote more lending, investment, and services, where they are needed most. “Here in New York, we saw great […]

EDA: $633,355 Grant Awarded to Support Regional Life Sciences Innovation Cluster in Philadelphia, PA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $633,555 grant to the Ben Franklin Technology Partners of Philadelphia, Pennsylvania, to support the development of a new life sciences regional innovation cluster. This EDA grant, to be matched with $646,712 in local funds, is expected to […]

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 […]

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 […]