EDA: $2 Million Invested to Enhance Health Sciences Sector in Kinston, NC

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Lenoir Community College in Kinston, North Carolina, to support the renovation of the college’s Lloyd Health Science Building. The EDA grant, to be matched with more than $5 […]

EDA: $850,000 Invested to Establish Maritime Training Facility in New Orleans Opportunity Zone

 Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $850,000 grant to Delgado Community College of New Orleans, Louisiana, to support the growth of Louisiana’s water transportation industry by building the new Delgado Maritime and Industrial Training Facility. The EDA grant project, to be located in […]

EDA: $513,274 Invested to Support Manufacturing in Atkinson, IL

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $513,274 grant to the Village of Atkinson, Illinois, to make critical sewer infrastructure improvements needed to support the growth of manufacturing businesses in the region. This EDA grant, to be matched with $513,274 in local investment, is […]

HUD: $20 Million Awarded to Help Public Housing Residents Secure Higher Paying Jobs

Housing Authorities in nine communities will receive funding under Jobs Plus  U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today visited Carmelitos Public Housing Development and announced a $20 million investment to nine public housing agencies (PHA) to help public housing families increase their earned income and […]

EDA: $1.2 Million Invested in Construction of New Pier in Port of Newport, OR

 Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the Port of Newport, Oregon, to support the construction of a new pier, serving the largest commercial fishing fleet in the state. The EDA grant, to be matched […]

EDA: $1.2 Million Invested to Aid Redevelopment of Historic Rail Yards in Albuquerque, NM

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the city of Albuquerque, New Mexico, to provide infrastructure improvements needed to aid the redevelopment of the city’s historic Rail Yards. The EDA grant, to be located near […]

SBA: Direct Final Rule Issued that Will Allow Governors to Seek HUBZone Designation for Certain Rural Areas

The U.S. Small Business Administration today issued a direct final rule that will allow governors to petition the SBA’s Administrator to designate HUBZone status to certain covered areas.  A covered area is an area in a state that is located outside of an urbanized area, as determined by the Census Bureau, with a […]

HUD: $1.5 Million Awarded to Public Housing Authorities to Assist Young People Aging Out of Foster Care

U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded $1.5 million to nearly a dozen housing authorities to assist young people aging out of foster care and who are at risk of experiencing homelessness. See chart here. Funded through HUD’s new Foster Youth to Independence (FYI) Initiative, this funding […]

ABA: US Chamber Foundation and ABA Partner to Expand Bank Hiring Opportunities for Veterans

Community Banks Encouraged to Participate in Hiring Our Heroes Program A new partnership between the American Bankers Association and the US Chamber of Commerce Foundation will expand veteran hiring opportunities at banks across the nation. The partnership, announced at the ABA’s annual convention in Seattle, will enable more community banks […]

EDA: $2 Million Invested to Boost Coal Community in Greenup, KY

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Greenup Joint Sewer Agency of Greenup, Kentucky, to make water infrastructure improvements at the EastPark Industrial Park. This grant will be matched with $3 million in state […]