Opportunity Zones

EDA: $600,000 in CARES Act Recovery Assistance Invested to Support Regional Economic Recovery Strategies in Gallup, NM Opportunity Zone

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,00 grant to the city of Gallup, New Mexico, to support regional economic recovery strategies for healthcare and transportation industries. The project, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be matched with $150,000 in local funds….

EDA: $4 Million Invested to Establish Workforce Training Facility Near Wabash County, IN Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to Wabash County, Indiana, to expand the Heartland Career Center to provide adult career training in healthcare and advanced manufacturing. The EDA grant, to be located near a Tax Cuts and Jobs Act Opportunity Zone, will…

CDFI Fund: $650,000 in CARES Act Recovery Assistance Invested to Implement a Technical Assistance Program Near Fayetteville, AR Opportunity Zone

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $650,000 CARES Act Recovery Assistance grant to Community Venture Foundation, Fayetteville, Arkansas, to provide technical assistance to small businesses impacted by the coronavirus pandemic in Northwest Arkansas. The EDA grant project, to be located near a Tax Cuts and Jobs Act Opportunity Zone, will…

EDA: $2.2 Million Invested to Support the Growth of Meat Processors Near Cody, WY Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.2 million grant to Forward Cody Wyoming, Inc., Cody, Wyoming, to expand a facility in the North Cody Industrial Park that serves meat processors. The EDA grant, to be located near a Tax Cuts and Jobs Act Opportunity Zone,…

EDA: $2.5 Million Invested in Support of STEM Workforce Development Near Opportunity Zone in North Little Rock, AR

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 University of Arkansas Pulaski Technical College, North Little Rock, Arkansas, to update and expand its STEM-focused facilities in support of modern workforce development in Arkansas. The EDA grant, to be located near…

EDA: $1.4 Million Invested to Make Infrastructure Upgrades in Prairie du Chien, WI 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 the city of Prairie du Chien, Wisconsin, to make stormwater infrastructure improvements at the North Gateway Business Park. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be…

EDA: $7.7 Million Invested to Make Infrastructure Improvements in Greenville, MS Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $7.7 million grant to the city of Greenville, Mississippi, to make sanitary sewer infrastructure improvements needed to keep businesses open in the event of future flooding and spur new business growth. The EDA grant, to be located…

EDA: $2 Million Invested to Support Manufacturing Growth Near Opportunity Zone in Fayetteville, AR

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 city of Fayetteville, Arkansas, to make roadway infrastructure improvements needed to support expansion efforts of area manufacturers and businesses in the Commerce District Industrial Corridor and improve the area’s resilience against flooding…

EDA: $3 Million Invested to Establish Industrial Workspace in Washougal, WA Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Port of Camas-Washougal, Washougal, Washington, to make critical infrastructure improvements needed to establish an industrial workspace for use by local manufacturing firms. The EDA grant, to be located in a Tax Cuts and…

EDA: $16 Million Invested to Support Commercial Fishing Industry in New Bedford, MA Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $16 million grant to the city of New Bedford, Massachusetts, to make port infrastructure improvements needed to protect commercial fishing businesses from floods and severe weather events. The EDA grant, to be located in a Tax Cuts and…