EDA: $1.7 Million Invested to Support Wastewater Infrastructure Improvements in Twentynine Palms, CA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to the city of Twentynine Palms, California, for wastewater infrastructure improvements needed to support local businesses and attract new businesses to the region This EDA project, to be matched with $418,920 in local…
EDA: $1.5 Million Invested in Water Infrastructure Improvements to Support Industrial Park Growth in Crossett, AR
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Crossett, Arkansas, to complete the East Crossett Sewer Improvement Project to support business growth at the Crossett Industrial Park. This EDA project, to be matched with $365,180 in local…
EDA: $1.4 Million Invested to Support Economic Development Planning Activities in California
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.4 million grant to the Executive Office of the State of California (California GO-Biz), Sacramento, California, to support statewide economic planning activities. This EDA project will be matched with $337,500 in local funds. “President Biden is…
EDA: $1.4 Million Invested to Protect Businesses and Residents from Flooding in Benson, MN
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.4 million grant to the city of Benson, Minnesota, to build an enclosed flood protection system for the city’s wastewater treatment plant and replace wastewater pipes to a local industrial park to protect businesses and residents…
EDA: $1 Million Invested for Infrastructure Improvements to Support Growth at Business Park in Dumas, TX
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the Dumas Economic Development Corporation, Dumas, Texas, for infrastructure improvements to the Dumas Business Park to support business growth. This EDA project, to be matched with $1.2 million in local funds, is…
EDA: $800,000 in CARES Act Recovery Assistance Invested to Support Recovery of Tourism in Portland, OR
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $800,000 CARES Act Recovery Assistance grant to the Metro Regional Government, Portland, Oregon, to support the recovery of the region’s tourist economy. This EDA grant, to be matched with $200,000 in local investment, is expected to create 492 jobs and retain 472…
EDA: $711,000 Invested to Support the Minority Business Development Initiative and Create Jobs in Charleston, SC
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $711,000 grant to the South Carolina Association for Community Economic Development, Charleston, South Carolina, to support minority business owners and help create jobs through the Minority Business Development Initiative. This EDA grant will be matched with $180,000 in local investment. “With an…
EDA: $617,203 Invested to Support Regional Economic Planning Efforts of the Inupiat Community of the Arctic Slope in Barrow, AK
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $617,203 grant to the Inupiat Community of the Arctic Slope, Barrow, Alaska, to create a Comprehensive Economic Development Strategy (CEDS) for the North Slope region. “President Biden is committed to helping native communities build a foundation of economic resilience and prosperity,” said…
EDA: 50 Recipients of “Build to Scale” Program Announced
Grantee Projects Fuel Innovation and Tech-Based Economic Development to Enhance American Competitiveness on the Global Stage Today, U.S. Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo announced that 50 organizations — including nonprofits, institutions of higher education, state government agencies, and other entrepreneurship-focused organizations — from 26 states will receive grants totaling $36.5…
CDFI Fund: Treasury Guarantees $100 Million in CDFI Bond Funding
Treasury Guarantees $100 Million in CDFI Bond Funding The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today the approval of a $100 million guarantee under the fiscal year 2021 round of the Community Development Financial Institutions (CDFI) Bond Guarantee Program. The guarantee will be issued to Bank of America…