EDA: Investment Made to Boost Workforce Training in Baltimore, MD Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $1.6 million in City Life Community Builders of Baltimore, Maryland, to support the reuse of the Hoen Lithograph Complex as a workforce training center. The project, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be…
ABA: Investment Made to Support Growth of the Manufacturing Sector in Ludlow, MA Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $3.1 million in the Town of Ludlow, Massachusetts, to help support of the growth of local manufacturing by improving Riverside Drive. The project, to be matched with $3.1 million in local funds, is located in a Tax Cuts…
EDA: Investment Made to Support the Growth of Manufacturing and Tech-based Businesses in Rapid City, SD Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $3 million in the Rapid City Economic Development Foundation of Rapid City, South Dakota, to help build a new business incubator facility that will support the growth of sustainable manufacturing and technology-based businesses. The investment, to be located…
EDA: Investment Made in Opportunity Zone to Increase Agriculture and Livestock Training at Central Wyoming College
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $3 million in Central Wyoming College of Riverton, Wyoming, to help build an agriculture-focused training facility. The investment, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be matched with $2.5 million in…
EDA: $1.45 Million Invested to Boost Industrial Growth in Beaverton, MI Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $1.45 million grant to the city of Beaverton, Michigan, to provide critical infrastructure needed to expand and improve the city’s industrial park. The project, to be matched with $263,880 in local funds, is expected to help create more…
EDA: Investment Made to Improve Aviation Museum, Boost Tourism in Monroe, LA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $450,000 grant to Friends of Chennault Aviation & Military Museum, Monroe, Louisiana, to boost tourism in the region by helping to construct an outdoor pavilion, park display and activity area that will aid the display of military aircraft. The grant will be…
EDA: Investment Made to Expand Critical Santa Fe College Business Incubator in Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.8 million grant to Santa Fe College, Gainesville, Florida, to help re-build and expand the Santa Fe College Center for Innovation and Economic Development (CIED) at the Blount Center. The project, to be located in a Tax…
EDA: Investment Made to Provide High-Speed Research Computing for Business Growth in South Dakota Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.46 million grant to Dakota State University in Madison, South Dakota, to help establish a high speed research network. The investment, located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be matched with $1.46…
EDA: U.S. Department of Commerce to Boost Manufacturing and Entrepreneurship Activity in Kearny, NJ Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is helping upgrade and improve Hackensack Avenue in Kearny, New Jersey, in support of the Kearny Point business center development. The investment will be matched by $1.3 million in local funds. The project is located in a Tax Cuts and…
HUD: FHA Offers Incentives for Property Owners Who Invest in Opportunity Zones
Lower costs and dedicated underwriters to stimulate housing investment in distressed neighborhoods The Federal Housing Administration (FHA) today announced a package of incentives to encourage multi-family property owners to invest in thousands of neighborhoods located in Opportunity Zones across the nation. Read today’s Housing Notice. FHA is introducing reduced application fees paid by property owners applying…