EDA: Historic $3 Billion Economic Development Investment in America’s Commnunities Announced

Historic investment from President Biden’s American Rescue Plan represents the largest economic development initiative in decades Communities across the country will be able to apply for funding immediately Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department of Commerce’s Economic Development Administration (EDA) will implement a series […]

EDA: $3.2 Million Invested to Support Elk Valley Rancheria Indian Tribe Business Development and Job Growth Efforts

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 Elk Valley Rancheria, Crescent City, California, to support a new, Tribally-owned enterprise and foster economic growth and job creation. To be matched with more than $1.5 million […]

EDA: $8 Million in CARES Act Recovery Assistance Invested to Support Business Development and Job Creation Efforts in Texas

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $8 million in CARES Act Recovery Assistance grants to help the state of Texas prevent, prepare for, and respond to coronavirus. “The Biden Administration is dedicated to creating new opportunities to put […]

EDA: $3.8 Million Invested to Support Job Growth and Economic Diversification Efforts in Plymouth, MA

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.8 million grant to the town of Plymouth, Massachusetts, to make water infrastructure improvements needed to attract new industries and jobs. The EDA grant, to be matched with $1.3 million in […]

EDA: $1.9 Million Invested for Water Infrastructure Improvements Needed to Boost Manufacturing and Create New Jobs in Eastern Kentucky

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 the Pike County Fiscal Court, Pikeville, Kentucky, to construct water and sewer infrastructure at Wolfpit Industrial Park to support the growth of Eastern Kentucky’s manufacturing sector. This […]

EDA: $4 Million Invested to Boost Business and Job Growth Efforts in Alabama

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is investing $4 million in the state of Alabama to make critical infrastructure improvements needed to support current and future business needs. “President Biden is committed to making sure the United States once again leads […]

HUD: $28 Million Awarded to Help Public Housing Residents Secure Employment and Higher-Paying Jobs

Housing Authorities in a dozen communities will receive funding under Jobs Plus The U.S. Department of Housing and Urban Development (HUD) today announced a $28 million investment to 12 public housing agencies (PHA) to help families increase their earned income and improve their economic mobility. See chart below of today’s […]

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 […]