Opportunity Zones

EDA: $3.5 Million Invested to Boost Economic Development Efforts in Carneys Point, NJ Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.5 million grant to the Carneys Point Township Sewer Authority, Carneys Point, New Jersey, to make sanitary sewer service infrastructure improvements needed to support the community and its growing business needs. The EDA grant, to be located…

EDA: $2.7 Million Invested to Facilitate Commercial Redevelopment in Lackawanna, NY Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.7 million grant to the Buffalo Erie County Industrial Land Development Corporation, Buffalo, New York, to install new water and sewer systems that will spur new business growth and economic development at the Former Bethlehem Steel Plant…

EDA: $1.6 Million Invested to Support Research and Education in Pittsburg, KS Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to Pittsburg State University, Pittsburg, Kansas, to provide instrumentation and equipment to the newly established National Institute for Materials Advancement at the Kansas Polymer Research Center. The EDA grant, to be located in a Tax…

HUD: Opportunity Zone Radio Tour Kicks Off to Commemorate Three Years of Revitalizations in Forgotten Communities

Task Force members to join Secretary Carson in Radio Tour commemorating three years of revitalization success White House Opportunity and Revitalization Council Chairman and U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced a nationwide radio tour to mark the three-year anniversary of the enactment of President Trump’s historic Tax Cuts,…

EDA: Investment Made to Establish Disaster Resilient Workforce Training Center in Northern Mariana Islands Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is making a critical recovery award using Fiscal Year 2019 Disaster Supplemental funds to Northern Marianas College (NMC), Saipan, Northern Mariana Islands, to construct a three-story, approximately 20,158 square foot, typhoon resistant, ADA compliant Workforce Development and Training Center. The…

EDA: $6.4 Million Invested to Improve Water Treatment Infrastructure in Pembroke, NC Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $6.4 million grant to the town of Pembroke, North Carolina, to make critical wastewater infrastructure improvements needed to protect and support the community and its businesses. The EDA grant, to be located in a Tax Cuts and Jobs…

EDA: $4.5 Million Invested to Boost Wastewater Capacity in Greenville, NC Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.5 million grant to the Greenville Utilities Commission, Greenville, North Carolina, to make wastewater system infrastructure improvements needed to support the growth of the region’s healthcare sector and other businesses. The EDA grant, to be located in…

EDA: $2.6 Million Invested to Make Sewer Infrastructure Improvements in Dublin, GA 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 the city of Dublin, Georgia, to provide expanded and reliable sanitary sewer service to the Dublin-Laurens County South Industrial Park. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone,…

EDA: $1.7 Million Invested to Create Broadband Network to Support Business Growth in Montgomery City, MO 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 Montgomery City, Missouri, to construct a broadband fiber network to serve local businesses. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be matched with $421,681 in local…

EDA: $645,600 Invested to Support Economic Development in University of Tennessee Research Park in Knoxville, TN Opportunity Zone

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $645,600 grant to Three Roots Capital, Knoxville, Tennessee, to support the implementation of an economic development strategy to drive investment to the University of Tennessee’s Cherokee Farm Research Park. The project, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will…