EDA: $3.2 Million Invested to Support Business and Job Growth in New Mexico
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $3.2 million in the state of New Mexico to support business and job growth. The EDA investments announced today are: “President Biden’s Investing in America agenda is a commitment to ensuring communities in New Mexico and across the country…
EDA: $2.5 Million Invested to Support Disaster Recovery Planning in Connecticut
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the Mashantucket Pequot Tribal Nation in Mashantucket, Connecticut, to develop a comprehensive feasibility study for the Mashantucket Pequot Reshoring Essential Medicine Manufacturing (REMIND) effort. This grant will help determine the overall viability of launching…
EDA: $1.6 Million Invested to Strengthen the Manufacturing Workforce in Southwest Minnesota
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the Minnesota West Community and Technical College in Worthington, Minnesota. This grant will help address the growing demand for skilled workers in robotics, fluid power/advanced hydraulics, welding and CNC machining training in southwest Minnesota. …
EDA: $1.5 Million Invested to Support Manufacturing Business Growth in Conway, AR
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Conway, Arkansas, to construct water and sewer infrastructure improvements. This grant will support manufacturing business growth at the Conway Industrial Park, improve fire flow to city residents, and support additional redevelopment…
EDA: $1.4 Million Invested to Support Industrial Park Development and Economic Resiliency in Kleberg County, TX
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.4 million grant to Kleberg County, Texas, to boost industrial business growth in response to recent natural disasters. This grant will advance the development of a new industrial park and transportation hub. This EDA investment will be matched…
EDA: $790,000 Invested to Support Tribal Disaster Recovery and Resiliency in Perkins, OK
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $790,000 grant to the Iowa Tribe of Oklahoma in Perkins, Oklahoma, to help develop and implement disaster recovery and resiliency strategies. This grant will support the Iowa Tribe of Oklahoma and tribal partners across the state by providing technical assistance to establish…
EDA: $500,000 Invested to Support Entrepreneurship on Maryland’s Eastern Shore
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to Eastern Shore Entrepreneurship Center in Easton, Maryland, to purchase, position, and equip two modular laboratories. This grant will support the F3 Tech Agbiotech Bioreactors and Lab Equipment project, which will include two large-capacity bioreactors and related lab equipment. This…
HUD: Over $469 Million Made Available to Protect Families from Home Health and Safety Hazards
Funding will assist communities’ efforts to protect vulnerable residents by making improvements to older housing to eliminate housing-related health and safety hazards. Today, the U.S. Department of Housing and Urban Development (HUD) announced the Lead Hazard Reduction Grant Program’s Notice of Funding Opportunity (NOFO) that makes over $469 million in grants available to state and…
CDFI Fund: Revisions to Capital Magnet Fund Interim Rule Published
Comments due to the CDFI Fund by August 26, 2024 The U.S. Department of the Treasury is issuing a revised Interim Rule for the Capital Magnet Fund (CMF), administered by the Community Development Financial Institutions Fund (CDFI Fund). Changes incorporated by the revised Interim Rule include, among other things: This revised Interim Rule also reflects…
HUD: $18.7 Million Transaction Closed to Preserve Affordable Rental Homes for Pittsburgh Families
Today, the U.S. Department of Housing and Urban Development’s Office of Multifamily Housing Programs announced the recent completion of a Rental Assistance Demonstration (RAD) transaction with the Housing Authority of the City of Pittsburgh (HACP). The transaction will enable the city of Pittsburgh to rehabilitate and preserve nearly 90 affordable rental homes at Manchester Commons,…