EDA: $1 Million Invested to Upgrade Infrastructure and Boost Business Development in Las Cruces, NM Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the Regents of New Mexico State University, Las Cruces, New Mexico, to make critical infrastructure improvements at New Mexico State University’s Arrowhead Park. The EDA grant, to be located in a Tax Cuts and…
HUD: New Report Shows Opportunity Zones on Track to Lift One Million Americans Out of Poverty
Poverty rate to be reduced by 11% in Opportunity Zones through billions in investment and new job opportunities The White House Council of Economic Advisers (CEA) yesterday delivered a Progress Report on President Trump’s Opportunity Zones initiative to White House Opportunity and Revitalization Council Chairman Ben Carson, Secretary of the U.S. Department of Housing and Urban Development….
EDA: $3.5 Million Invested in Disaster Resilient Infrastructure to Boost Tech-based Economic Development in Ruston, LA
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 city of Ruston, Louisiana, to make disaster resilient infrastructure improvements needed to advance Ruston as a hub for technology-based economic development. The EDA grant, to be located in a Tax Cuts and Jobs…
EDA: $2.3 Million Invested to Establish Advanced Materials Innovation Center Near Rhode Island Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to the University of Rhode Island Research Foundation, Kingston, Rhode Island, to establish the “401 Tech Bridge” advanced materials innovation center at two sites: the University of Rhode Island in Kingston for direct university…
EDA: $824,112 Invested to Make Critical Infrastructure Improvements to Protect from Future Floods Near Opportunity Zone in SC
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $824,112 grant to the town of Cheraw, South Carolina, to make water infrastructure improvements needed to protect businesses from future floods and natural disasters. The EDA grant project, to be located near a Tax Cuts and Jobs Act Opportunity Zone, will be matched with…
EDA: $2 Million Invested to Aid Fourche Dam Pike Road Corridor in Pulaski County, 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 Pulaski County, Arkansas, to make critical roadway infrastructure improvements to the Fourche Dam Pike Road Corridor to support new business and job growth in the region. The EDA grant, to be located in…
EDA: $6 Million Invested to Make Disaster Resilient Infrastructure Improvemenst Near Opportunity Zone in Lexington, MO
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $6 million grant to the city of Lexington, Missouri, to make critical water infrastructure improvements needed to protect businesses from future severe weather events. The EDA grant, to be located near a Tax Cuts and Jobs Act Opportunity Zone,…
EDA: $8.4 Million Invested to Improve Flood Control Infrastructure Near Opportunity Zone in Council Bluffs, IA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $8.4 million grant to the city of Council Bluffs, Iowa, to make flood control infrastructure improvements needed to protect businesses and make the region resilient to future natural disasters. The EDA grant, which will be located near…
EDA: $4.4 Million Invested in Tennessee to Support Local Stratgies or Job Growth in Opportunity Zones
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $4.4 million in the state of Tennessee to build critical infrastructure needed to support business growth. The EDA grants, to be matched with more than $2 million in other federal or local funds, are expected to help create…
EDA: $10.1 Million Invested in WV to Support Local Strategies Including Opportunity Zones
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $10.1 million in the state of West Virginia to protect businesses from flooding, spur growth in a critical industry sector, boost workforce training efforts, and provide infrastructure needed to support businesses, including those in Opportunity Zones. The EDA…