EDA: $3 Million Invested to Help Protect and Grow Businesses in Peosta, IA
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 City of Peosta to make critical water infrastructure improvements needed to safeguard local businesses against future flooding. According to grantee estimates, the project is expected to create 183 jobs, retain 274 jobs,…
EDA: $3 Million Invested to Expand Wood Product Industry in Northeast United States
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 U.S. Endowment for Forestry and Communities, Inc. of Concord, New Hampshire, to establish a cooperative agreement to expanding markets for wood products. “The Trump Administration is continually looking for new ways to…
EDA: $2.2 Million Invested to Support Manufacturing in Wyoming
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 the Sheridan Economic and Educational Development Authority for construction that will accommodate the expansion plans of a local manufacturing business. According to grantee estimates, the project is expected to create 50 new jobs…
EDA: $1.4 Million Invested to Support Workforce Training Opportunities in Boise, ID
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 Idaho Rural Water Association of Boise to help build a workforce training center. According to grantee estimates, the project is expected to create or retain 550 jobs and generate $450,000 in private…
FHFA: Fannie Mae and Freddie Mac Update Their Private Mortgage Insurer Eligibility Requirements
The Federal Housing Finance Agency today announced that Fannie Mae and Freddie Mac (the Enterprises) have published revised Private Mortgage Insurer Eligibility Requirements (PMIERs) for private mortgage insurance companies that insure mortgage loans either owned or guaranteed by the Enterprises. As Conservator to the Enterprises, FHFA directed the Enterprises to strengthen their risk management requirements…
EDA: $820,000 Invested to Provide Critical Infrastructure Need to Support Manufacturing Growth in Carrollton, KY
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $820,000 grant to the City of Carrollton to provide infrastructure improvements needed to support manufacturing and other business growth. According to grantee estimates, the project is expected to create 121 jobs and spur $268 million in private investment. “We commend the City…
EDA: $4.8 Million Invested to Provide Critical Infrastructure in Pennsylvania
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $4.8 million in grants to the Commonwealth of Pennsylvania to help provide the critical infrastructure necessary to support business development. “Dilapidated infrastructure has shackled the economic growth of countless communities across the country,” said Secretary of Commerce Wilbur…
EDA: $4.4 Million Invested to Build Tribal Business Incubator in Minnesota
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.4 million grant to the Lower Sioux Indian Community of Morton, Minnesota, to support the construction of the Lower Sioux Intergenerational Cultural Incubator. According to grantee estimates, the project is expected to create 138 new jobs and…
EDA: $3.75 Million Invested to Support the Growth of the Aviation Sector in Carbondale, IL
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.75 million grant to the Southern Illinois Airport Authority of Carbondale, to build two new buildings in support of the region’s growing aviation industry. According to grantee estimates, the project is expected to create 45 jobs and…
EDA: $2.3 Million Invested to Spur Manufacturing Growth in Easton, MD
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 Town of Easton, Maryland, to help establish a new industrial park that will allow businesses in the region to expand. According to grantee estimates, the project is expected to create 55 new…