EDA: $4.1 Million in CARES Act Recovery Assistance Invested to Boost Broadband Capacity and Advanced Manufacturing Growth Efforts in Louisiana
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $4.1 million in CARES Act Recovery Assistance grants to help the state of Louisiana prevent, prepare for, and respond to coronavirus. “The Economic Development Administration is committed to helping communities across the nation implement strategies to mitigate economic hardships brought on by the…
EDA: $2.6 Million in CARES Act Recovery Assistance Invested to Support Telehealth and Workforce Training Needs in Southeast Kansas
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $2.6 million CARES Act Recovery Assistance grant to Neosho Memorial Regional Medical Center (NMRMC), Chanute, Kansas, to establish the Southeast Kansas Impact Center for Wellness, Education, and Business. This EDA grant, to be matched with $650,000 in local investment, is expected to…
EDA: $1.17 Million in CARES Act Recovery Assistance Invested to Support Small Businesses and Manufacturers in Underserved Areas of San Jose, CA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $1.17 million CARES Act Recovery Assistance grant to the city of San Jose, California, to provide technical assistance to coronavirus-impacted small businesses and manufacturers in underserved areas of the city. “The Economic Development Administration is committed to helping communities across the nation…
EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Support Construction of Career Workforce Academy in Fargo, ND
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to North Dakota State College of Science Foundation, Wahpeton, North Dakota, to build the Career Workforce Academy in Fargo. This EDA grant, to be matched with $4,840,139 in local investment, is expected to create 109…
EDA: $842,522 in CARES Act Recovery Assistance Invested to Support Economic Recovery and Resiliency Efforts in Bershires Region of Massachusetts
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $842,522 CARES Act Recovery Assistance grant to the Berkshire Regional Planning Commission, Pittsfield, Massachusetts, to develop and implement an economic recovery and resiliency plan and provide technical assistance to bolster the region’s ability to withstand future economic disruptions. This EDA grant will…
EDA: $800,000 in CARES Act Recovery Assistance Invested to Capitalize Revolving Loan Fund to Serve Businesses in Albany County, WY
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $800,000 CARES Act Recovery Assistance grant to Laramie Chamber Business Alliance, Laramie, Wyoming, to capitalize and administer a Revolving Loan Fund (RLF) that will provide critical gap financing to businesses adversely affected by the coronavirus pandemic in Albany County. The EDA grant,…
EDA: $500,000 in CARES Act Recovery Assistance Invested to Support Business Education and Mentorship in Eugene, OR
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 CARES Act Recovery Assistance grant to the Eugene Chamber of Commerce, Eugene, Oregon, to provide education and mentoring support needed to help area businesses respond to the coronavirus pandemic. This EDA grant, to be matched with $184,771 in local investment, is…
CDFI Fund: Applications Open for COVID-19 Stimulus Funds Under CDFI Rapid Response Program
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2021 funding round for the CDFI Rapid Response Program (CDFI RRP) today. The program will provide $1.25 billion, authorized by the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 (P.L. 116-260), to Community Development Financial Institutions…
Census Bureau: Household Pulse Survey Phase 3 Biweekly Data Released
The U.S. Census Bureau today released new data from the extension of the third phase of the experimental Household Pulse Survey. The extension includes intent-to-vaccinate and stimulus payment questions. The Household Pulse Survey is the result of an effort by the Census Bureau and other federal statistical agencies to document temporal trends in how individuals are experiencing…
HUD: FHA Extends Single Famly Policy Flexibilities to Maintain Mortgage Originations and 203(k) Rehabilitation Projects Through June 2021
Today, the Federal Housing Administration (FHA) announced extensions of a set of policy flexibilities for single family lenders and servicers designed to maintain new mortgage originations for homebuyers and allow 203(k) rehabilitation projects to continue during the COVID-19 pandemic. These temporary policies recognize the sustained need for flexibility during this critical time to ensure mortgage…