EDA: $723,935 Invested to Support Infrastructure Improvements in South Sioux City, NE
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $723,935 grant to the city of South Sioux City, Nebraska, to make critical infrastructure improvements needed to facilitate the growth of industry in the region. This grant will support construction of new roadway, water, and sewer infrastructure needed to accommodate expanded commercial…
EDA: Over $29 in American Rescue Plan Funds Invested
Last week, the following grants were made under the American Rescue Plan Funds program of the CARES Act Recovery Assistance program: June 9, 2022 – U.S. Department of Commerce Invests $1.7 Million in American Rescue Plan Funds to Increase High-Speed Internet Connectivity in Monticello, New York June 7, 2022 – U.S. Department of Commerce Invests $8.4 Million…
CDFI Fund: FY 2022 Small Dollar Loan Program Application Deadlines Approaching
As a reminder for fiscal year (FY) 2022 Small Dollar Loan Program (SDL Program) applicants, the deadline for online submission of the SF-424 through Grants.gov for this year’s SDL Program funding round is June 15, 2022 at 11:59 PM ET. Applicants must also have created an Awards Management Information System (AMIS) account and entered their Employer Identification…
HUD: Awards Funding Provided to Fight Housing Discrimination
The U.S. Department of Housing and Urban Development (HUD) today awarded $125,000 to support fair housing organizations working to help end housing discrimination. These funds are provided through the Department’s Fair Housing Initiatives Program (FHIP) both to help people who believe they have been victims of housing discrimination and to educate housing providers about fair housing…
EDA: $3.4 Million Invested to Support Diversified Business and Job Growth in Georgetown, SC
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.4 million grant to Georgetown, South Carolina, for water treatment plant upgrades needed to stimulate business and job growth. This project will provide the modern infrastructure needed to support local business needs and attract new, diversified…
EDA: $787,620 Invested to Boost Workforce Training Programs in Eastern Iowa
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $787,620 grant to Eastern Iowa Community Colleges (EICC), Davenport, Iowa, to procure equipment needed to support Welding and Computer Numerical Control (CNC) career technologies programs. This grant will expand and enhance the programs offered at EICC’s Regional Career Academy campuses in Clinton…
EDA: $3.2 Million Invested to Capitalize Revolving Loan Fund to Serve Small Businesses in Southern Kentucky
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.2 million grant to Purchase Area Development District (Purchase ADD), Mayfield, Kentucky, to capitalize and administer a revolving loan fund to serve businesses in Graves, Ballard, Calloway, Carlisle, Fulton, Hickman, McCracken and Marshall counties. This investment…
CDFI Fund: Application Demand for FY 2022 Round of CDFI Program and NACA Program Released
The fiscal year (FY) 2022 application round for the Community Development Financial Institutions Fund’s (CDFI Fund) Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) closed on April 12, 2022. In total, 719 organizations from across the country requested a combined level of $577.9 million in awards, which is…
EDA: $1.9 Million Invested to Support Business Expansion in Ben Hill County, GA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million grant to Ben Hill County, Georgia, for road construction and drainage improvements. This project will support the expansion of a local plastic resin manufacturer and help attract new businesses, supporting job creation and private…
EDA: $1.6 Million Invested to Establish Business Incubator in Charleston, WV
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the University of Charleston, Charleston, West Virginia, to establish the Downtown Innovation Hub, a local business incubator. This project will assist small businesses to create new jobs and economic opportunities. This EDA…