Opportunity Zones

EDA: $1.1 Million Investment Made to Expand Forest Economy in Maine Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million grant to the University of Maine in Orono to implement Maine’s Forest Opportunity Roadmap (FOR/Maine) strategic plan. The grant, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be matched with $499,000 in…

EDA: $3.2 Million Invested to Provide Critical Infrastructure to Serve Tribal Businesses in Grand Portage, MN Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.2 million grant to the Grand Portage Reservation Tribal Council of Grand Portage, Minnesota, to help redevelop the Hat Point Marina and Ferry Terminal. The EDA grant, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone,…

EDA: $2 Million Invested to Make Critical Water Infrastructure Improvements in Tishomingo, OK Opportunity Zone

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 Tishomingo Municipal Authority, Tishomingo, Oklahoma, to help increase the capacity of the local water treatment plant so that it can better serve business needs. The EDA grant, to be located in a Tax…

EDA: $1.4 Million Investment Made in Critical Infrastructure Updates in Cave City, KY Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.4 million grant to Caveland Environmental Authority, Inc., of Cave City, Kentucky, to upgrade an existing wastewater treatment plant that serves Hart County Industrial Park and supports manufacturing companies in the area. The EDA grant, to be…

EDA: $4.7 Million Invested to Provide Critical Infrastructure Upgrades to Serve Alaska Opportunity Zones

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $4.7 million in the state of Alaska to help build and repair critical infrastructure needed to support business. The EDA grants, to be located in or to serve Tax Cuts and Jobs Act designated Opportunity Zone, will be matched with $4.4…

EDA: $2 Million Invested to Boost Manufacturing and Entrepreneurial Development in Clearfield, PA Opportunity Zone

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 Clearfield County Economic Development Corporation to help construct a new facility that can accommodate manufacturing and entrepreneurial tenants. The EDA grant, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will…

EDA: $988,400 Grant Awarded to Support Workforce Training Efforts in Gallup, NM Opportunity Zone

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $988,400 grant to the Northwest New Mexico Council of Governments (NWNMCOG) of Gallup, New Mexico, to support a series of workforce development initiatives to make the region more resilient to economic downturns. The EDA grant, to be located in a Tax Cuts and…

EDA: $914,981 Grant Awarded to Boost Business Growth in Newtown, CT Opportunity Zone

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $914,981 grant to the town of Newtown, Connecticut, to install a reliable sanitary sewer system that will encourage economic development, job creation and retention, and private investment on the Fairfield Hills Campus in the Naugatuck Valley Corridor Region. The project, to be…

EDA: $900k Grant Awarded to Support Advanced Manufacturing Businesses in Brownsville, TX Opportunity Zone

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $900,000 grant to the Brownsville Community Improvement Corporation of Brownsville, Texas, to establish a state-of-the-art center that will help nurture the growth of technology-based entrepreneurial ventures. The project, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be matched with…

EDA: $695,965 Grant Made to Support Commercial Fishing Fleet and Nuclear Power Station in Seabrook, NH

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $695,965 grant to the Town of Seabrook, New Hampshire, to make critical infrastructure improvements needed to support the local fishing fleet and the NextEra nuclear power station. The grant, to be located near a Tax Cuts and Jobs Act designated Opportunity Zone, will be matched…