Opportunity Zones

EDA: $4.7 Million Invested to Make Critical Roadway Improvements in Franklin County, VA Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.7 million grant to Franklin County, Virginia, to support business growth by improving roadway infrastructure within the Summit View Business Park. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be matched…

EDA: $4.2 Million Invested to Boost Water System Capacity in Petersburg, IN Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.2 million grant to the city of Petersburg, Indiana, to improve and expand its water system to support existing businesses and attract new business. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone,…

EDA: $1.9 Million Invested to Make Port Harbor Improvements Near Pemiscot County, MO 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 Pemiscot County Port Authority, Caruthersville, Missouri, to make port harbor improvements needed to protect against future flooding and encourage additional business development. The EDA grant, to be located near a Tax Cuts and…

EDA: $2 Million Invested to Expand Jonesboro Industrial Park in Jonesboro, AR 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 city of Jonesboro, Arkansas, to make rail infrastructure improvements needed to support the expansion of the Jonesboro Industrial Park. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone,…

EDA: Over $24 Million in CARES Act Funding Invested to Support Recovery from Coronavirus Pandemic

The U.S. Department of Commerce’s Economic Development (EDA) administration has awarded millions in CARES Act Funding to support economic development and economic recovery in response to the coronavirus pandemic. Investments include: October 1, 2020 – U.S. Department of Commerce to Invest $15 Million in CARES Act Recovery Assistance to Aid Reopening of Economy in Washington State…

EDA: $3.3 Million Invested to Provide Critical Infrastructure Improvments in Calumet City, IL Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.3 million grant to Calumet City, Illinois, to make road and water infrastructure improvements needed to support development at the city’s Riverside Drive Industrial Park. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity…

EDA: $1.5 Million Invested to Boost Growth Near Opportunity Zone in Levelland, TX

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 the city of Levelland, Texas, to make rail, road, and water infrastructure improvements needed to support expansion efforts of manufacturers and businesses in the Levelland Industrial Rail Park. The EDA grant, to be…

EDA: $1.8 Million Invested to Boost Growth at Five Points Business Park Near Opportunity Zone in Abilene, TX

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million grant to the city of Abilene, Texas, to make roadway infrastructure improvements needed to support expansion efforts of manufacturers and businesses in the Five Points Business Park area. The EDA grant, to be located near…

EDA: $444,009 Invested to Develop Strategic Plan for Main SpacePort Complex in Augusta, ME Opportunity Zone

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $444,009 grant to the Maine Space Grant Consortium, Augusta, Maine, to develop a strategic plan for the Maine SpacePort Complex. The project, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be matched with $148,489 in state funds and $111,442…

EDA: $4 Million Invested to Improve Water Infrastructure in Stevenson, WA 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 the city of Stevenson, Washington, to make critical wastewater infrastructure improvements needed to support business growth throughout the region. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will…