EDA: $1.4 Million Invested Help Establish Career Technology Center to Serve Fort Smith, AR Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $1.4 million grant to the city of Fort Smith, Arkansas, to help build the Fort Smith Public Schools Career Technology Center (CTC) for training in advanced manufacturing, health care, and information technology. The EDA grant, to be located…
EDA: $1.15 Million Invested to Provide Infrastructure to an Existing Industrial Park in Hot Springs, AR Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.15 million grant to the County of Hot Spring, Arkansas, to help improve an existing industrial park. The EDA grant, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be matched with $770,000 in local…
HUD: FHA Promotes Development of Hospital and Health Care Facilities in Opportunity Zones
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced the Federal Housing Administration (FHA) will offer several incentives to encourage greater development of hospitals and health care facilities located in Opportunity Zones. In a speech in Miami, Secretary Carson said FHA can be a key partner for developers looking to invest in Opportunity…
EDA: $33 Million Invested to Advance Disaster Recovery and Resiliency Efforts in Puerto Rico Opportunity Zones
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing nearly $33 million in Puerto Rico to advance economic resiliency and business growth efforts in the wake of the devastating 2017 hurricane season. The grants, to be located in Tax Cuts and Jobs Act designated Opportunity Zone, will be matched with…
EDA: $3.8 Million Invested to Help Rebuild Following Natural Disaster in Lancaster, SC Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.8 million grant to the Lancaster County Water and Sewer District of South Carolina, to help support the Regional Wastewater Collection Rehabilitation project. The grant, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be…
EDA: $1.9 Million Investment Made in Critical Road Infrastructure for Industrial Hub in Longview, WA Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million grant to the city of Longview, Washington, to help construct critical road infrastructure to reduce congestion and provide access to developable land. The grant, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will…
EDA: $1.9 Million Investment Made for Critical Infrastructure Improvements to Technology Park near Las Vegas, NV Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million grant to the UNLV Research Foundation, Las Vegas, Nevada, to help make infrastructure improvements needed to attract new tenants to the Harry Reid Research and Technology Park. The project, to be located near a Tax Cuts…
EDA: $1.7 Million Invested to Provide Critical Water Infrastructure at Sawmill Site in Abbeville, AL 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 city of Abbeville, Alabama, to help construct critical wastewater infrastructure improvements needed to serve a local sawmill site and commercial development adjacent to the site. The EDA grant, to be located in…
EDA: $1.53 Million Grant Awarded to Expand Digital Literacy Services for Job Seekers near Machias, ME Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.53 million grant to the Axiom Education & Training Center in Machias, Maine, to provide computer and online skills training for unemployed and underemployed job seekers. The project, to be located near a Tax Cuts and Jobs Act designated Opportunity…
EDA: $1.5 Million Grant Made to Support Manufacturing Business Growth in Clinton County, NY Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to Clinton County, New York, to make infrastructure upgrades needed to support business development at the former Clinton County Airport. The grant, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be…