Investment

HUD: $5.5 Billion in Grants Announced for Affordable Housing, Community Development and Homeless Assistance to Drive Economic Growth

Funding empowers 1,200 communities: addressing urgent local needs, boosting economic growth, enhancing community resilience, creating jobs, and advancing housing solutions. The U.S. Department of Housing and Urban Development (HUD) today announced $5.5 billion in funding that will go to 1,200 communities through more than 2,400 grants to States, urban counties, insular areas, DC, Puerto Rico, and localities…

EDA: $3.4 Million Invested for Building Renovations to Support Job Creation and Business Development in Charleston, WV

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.4 million grant to Advantage Valley, Inc., for renovations to the former Vossloh Track Building. This grant will support job creation and private investment by attracting new businesses to the region. This EDA investment will be matched with…

EDA: $3.1 Million Invested for Water Infrastructure Improvements in Lancaster, SC

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.1 million grant to the city of Lancaster, South Carolina, for water infrastructure improvements.  This grant will provide increased water and sewer access to local businesses and first responders in downtown Lancaster. This EDA investment will be matched…

EDA: $3 Million Invested for Irrigation Infrastructure Improvements in Jemez Pueblo, MN

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Pueblo of Jemez in Jemez Pueblo, New Mexico, for irrigation infrastructure improvements on Tribal land.  This grant will expand water supplies for the local farming community and food vendors following a series of…

EDA: $2.2 Million Invested for High-Speed Internet Access on Tribal Land in Louisiana

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.2 million grant to the Coushatta Tribe of Louisiana in Elton, Louisiana, to construct fiber optic cable on Tribal land in both Allen and Jefferson Parish. This grant will construct fiber optic cable along U.S. 165, bringing high-speed…

EDA: $600,000 Invested to Bolster Business Growth in Tulare, CA

 Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,000 grant to the city of Tulare, California, to make building renovations to accommodate new business growth and startup expansion.  This grant will support the creation of a fabrication facility which will house 3D printers, laser cutters, and other equipment small businesses…

HUD: New Critical Investments Announced for the Nation’s Public Housing

The Public Housing Repair fund will allow housing authorities to modernize or develop public housing for individuals, families, and seniors. Today, the U.S. Department of Housing and Urban Development (HUD) awarded $3.17 billion in Public Housing Repair funding to 2,756 public housing authorities (PHAs) in all 50 states as well as the District of Columbia,…

HUD: First Deal Delivered to Promote Energy Efficiency and Climate Resiliency for Massachusetts Families

Transaction enhances green features of renovation project in Quincy, Massachusetts. Today, the U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs, announced it completed a $750,000 grant transaction under the Green and Resilient Retrofit Program (GRRP) with Wollaston Lutheran Church. Grant funds will be used to finance energy efficiency and climate…

HUD: Nearly $900 Million Announced to Make Low-Income Families’ Homes Safer and Healthier

Funding supports President Biden’s plan to address residential health hazards, including lead paint, carbon monoxide, mold, radon, fire safety, and asbestos. Today, the U.S. Department of Housing and Urban Development (HUD) announced nearly $90 million available to reduce residential health hazards for low-income families, including lead-based paint hazards, carbon monoxide, mold, radon, fire safety, and asbestos,…

EDA: $9.6 Million Invested for Water Infrastructure Improvements to Support Job Creation in Anderson County, SC

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $9.6 million grant to Anderson County, South Carolina, to support job creation and private investment in the region.  This grant will provide for water infrastructure improvements to support commercial and industrial businesses in Anderson County. This EDA investment…