EDA: $2 Million in CARES Act Recovery Assistance Invested to Support Workforce Growth and Business Capital Assistance Efforts in Kansas

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $2 million in CARES Act Recovery Assistance grants to help the state of Kansas prevent, prepare for, and respond to coronavirus. “The Economic Development Administration is committed to helping communities across the nation implement strategies to mitigate economic […]

CDFI Fund: FY 2021 CDFI Bond Guarantee Program Application Period Now Open

Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2021 application period for the CDFI Bond Guarantee Program. A total of up to $500 million in bond guarantee authority is available for Eligible Community Development Financial Institutions (Eligible CDFIs) […]

EDA: $6 Million Invested to Establish Wood Innovation Center in Darrington, WA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $6 million grant to the town of Darrington, Washington, to acquire land and provide infrastructure needed to establish the Darrington Wood Innovation Center. This EDA grant, to be matched with $1.7 million in state investment, is expected […]

EDA: U.S. Department of Commerce Launches $38 Million Build to Scale Program to Fuel Innovation and Tech-Based Economic Development

Today, the U.S. Department of Commerce announced the opening of the Economic Development Administration’s (EDA) FY21 Build to Scale (B2S) program, which is designed to invest in regional economies through scalable startups. The Build to Scale program’s national competitions will deploy $38 million to further technology-based economic development initiatives that accelerate […]

EDA: $13.2 Million Invested to Boost Northern Marianas College’s Capacity to Support Business and Job Growth

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $13.2 million grant to Northern Marianas College (NMC), Saipan, Commonwealth of the Northern Mariana Islands, to increase the college’s capacity to support regional economic development. This EDA grant is expected to help create 272 jobs and generate […]

EDA: $865,000 Invested to Support Tech-based Manufacturing and Job Growth Efforts at the Reese Technology Center in Lubbock, TX

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $865,000 grant to Lubbock Reese Redevelopment Authority (LRRA), Lubbock, Texas, to make critical security and airport runway enhancements to facilitate job creation at the Reese Technology Center. The EDA grant, to be matched with $865,000 in local […]

EDA: $1.75 Million Invested to Expand Raleigh County Business Park in Beaver, WV

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $1.75 million grant to Raleigh County Memorial Airport, Beaver, West Virginia, to provide critical infrastructure needed to expand the Raleigh County Business Park. This EDA grant, to be matched with $4.85 million in state and local funds, […]

HUD: $78 Million Awarded to Help Families Reach Self-Sufficiency

Federal funding to support education and employment among HUD-assisted families Today, U.S. Housing and Urban Development (HUD) Secretary Ben Carson awarded approximately $78 million to hundreds of public housing authorities across the country to help residents of public housing and voucher-assisted housing increase their earned income and reduce their dependency […]

SBA: Military Spouse Employment Partnership with the Defense Department Announced

On Dec. 9, 2020, the U.S. Small Business Administration will join the Department of Defense’s Military Spouse Employment Partnership (MSEP) for a virtual ceremony. The SBA is one of 85 new partners joining MSEP, bringing the total number of employers to 500. MSEP connects military spouses with hundreds of partner employers who commit to […]

HUD: Historic North Carolina Hospital Earns 2020 HUD Secretary’s Award

The U.S. Department of Housing and Urban Development (HUD) and the Advisory Council on Historic Preservation (ACHP) announced last week the Historic Ashe Hospital in Jefferson, North Carolina, was the recipient of the 2020 ACHP/HUD Secretary’s Award for Excellence in Historic Preservation. This annual award recognizes developers, organizations, and agencies for […]