EDA: $10 Million Invested to Improve Port Infrastructure and Support Disaster Recovery Efforts in Texas
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $10 million in grants to the state of Texas to enhance critical port infrastructure to support business development and disaster resiliency following Hurricane Harvey. According to grantee estimates, the projects are expected to create and retain over 15,000…
EDA: $1.17 Million Invested to Strengthen Manufacturing in Puerto Rico
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.17 million grant to Puerto Rico Manufacturing Extension, Inc. (PRIMEX) of San Juan, to provide assistance and training to local manufacturing businesses to include disaster preparedness and resilience planning. According to grantee estimates, the project is expected…
FEMA: President Trump Approves Major Disaster Declaration for the Territory of Guam
The Federal Emergency Management Agency announced today that federal disaster assistance has been made available to the territory of Guam to supplement territorial recovery efforts in the areas affected by Typhoon Mangkhut from September 10 through September 11, 2018. Federal funding is also available to the territory, and certain private nonprofit organizations on a cost-sharing…
FEMA: President Trump Approves Major Disaster Declaration for New York
The Federal Emergency Management Agency announced today that federal disaster assistance has been made available to the state of New York to supplement state, and eligible tribal and local recovery efforts in the areas affected by severe storms and flooding on August 13 to August 15, 2018. Federal funding is available to state, and eligible…
FEMA: President Trump Approves Major Disaster Declaration for the Northern Mariana Islands
The Federal Emergency Management Agency (FEMA) announced that federal disaster assistance has been made available to the Commonwealth of the Northern Mariana Islands to supplement the commonwealth and local recovery efforts in the areas affected by Typhoon Mangkhut from September 10 to September 11, 2018. The President’s action makes federal funding available to affected individuals…
EDA: $14.5 Million Invested to Support Disaster Recovery Efforts in Texas
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $14.5 million in grants to communities throughout Texas to help support local recovery efforts following Hurricane Harvey. According to grantee estimates, the project is expected to create and retain over 480 jobs, while generating $512 million in private…
FEMA: President Trump Approves Major Disaster Declaration for Hawaii
The Federal Emergency Management Agency announced today that federal disaster assistance has been made available to the state of Hawaii to supplement state and local recovery efforts in the areas affected by Hurricane Lane on August 22 to August 29, 2018. Federal funding is also available to the state and local governments, and certain private…
SBA: Hurricane Florence Survivors Eligible for SBA Loan Deferments
To further support Hurricane Florence recovery efforts, the U.S. Small Business Administration will offer deferments of up to nine months on SBA-serviced loans held by eligible residents, businesses and private nonprofits. Borrowers located in a North or South Carolina county designated a federal disaster area after Hurricane Florence, with SBA loans in “regular servicing” status…
EDA: $3.6 Million Invested to Protect Businesses from Flooding in La Crosse, WI
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.6 million grant to the City of La Crosse to update critical water infrastructure and support business growth in the region. According to grantee estimates, the project is expected to create or retain 70 jobs, while generating…
EDA: $3.5 Million Invested to Establish a Business Disaster Response Center in Caguas, Puerto Rico
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 Iniciativa Tecnológica Centro Oriental, Inc. (INTECO) of Caguas to construct the Business Disaster Response Center. According to grantee estimates, the project is expected to create 324 jobs, retain 360 jobs, and spur $660,000…