EDA: $2.5 Million Invested to Establish New Business Incubator in Valdosta, GA Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the Valdosta and Lowndes Chamber of Commerce in Valdosta, Georgia to fund the construction of a new business incubator. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will…
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 a Tax Cuts and Jobs Act …
EDA: $500,000 Invested to Establish Business Revolving Loan Fund to Serve Twelve County, Disaster-Impacted Region in South Dakota
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to Northeast Council of Governments (NECOG) in Aberdeen, South Dakota, to establish a new Revolving Loan Fund (RLF) to support small businesses with recovering and rebuilding following a natural disaster. The EDA project, of which a portion is located in…
EDA: $8.9 Million Invested to Improve Flood Control Infrastructure Near Opportunity Zone in Long Beach, CA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding an $8.9 million grant to the city of Long Beach, California, to make the flood control infrastructure improvements needed to protect businesses and make the region resilient to future natural disasters. The EDA grant, to be located near…
EDA: $735,000 Invested in Critical Roadway Infrastructure near Opportunity Zone in Mattapoisett, MA
oday, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $735,000 grant to the town of Mattapoisett, Massachusetts, to reconstruct a critical roadway that serves an industrial park and surrounding businesses. The EDA grant project, to be located near a Tax Cuts and Jobs Act Opportunity Zone, will be matched with $735,000 in…
EDA: $5.6 Million Invested to Provide Critical Infrastructure Needed to Prevent Flooding in Williamsport, PA Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $5.6 million grant to Lycoming County, Pennsylvania to prevent flooding by repairing a structurally unsound I-wall located within the Northeast levee in Williamsport. The EDA grant, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will…
EDA: $1.7 Million Invested to Help Make Critical Infrastructure Improvements in Saipan, Northern Marian Islands Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to the Commonwealth Utilities Corporation in Saipan, Northern Mariana Islands, to assist with the construction of a new water filtration system. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone,…
HUD: Opportunity and Revitalization Council Report Issued
During the North Carolina “Opportunity Now” Summit, U.S. Department of Housing and Urban Development Secretary Ben Carson issued a report to the President on behalf of the White House Opportunity and Revitalization Council (“Council”), of which Secretary Carson is the Chair. This report includes 180 action items that have already been undertaken by the Council…
EDA: $2.6 Million Invested to Support Workforce Training Opportunities in Clinton, NC Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million grant to Sampson Community College of Clinton, North Carolina to increase the number of skilled workers available to meet regional trucking industry needs by expanding the college’s truck driving school. The EDA grant, to be…
EDA: $720,000 Invested to Support Disaster Recovery Efforts in Dayton, OH Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $720,000 grant to the Miami Valley Regional Planning Commission (MVRPC) of Dayton, Ohio, to hire a Disaster Recovery Manager that will assist businesses damaged or destroyed by the severe storms in May of 2019. The Disaster Recovery Manager will also prepare a…