Investments & Funding

EDA: $2.5 Million Invested for Wastewater Infrastructure Improvements to Support Economic Growth at the Bay Mills Indian Community Reservation in Michigan

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the Bay Mills Indian Community in Brimley, Michigan, for wastewater infrastructure improvements needed to support economic development in the region. This grant will expand wastewater treatment capacity at the Bay Mills Indian Community, to…

EDA: $2.5 Million Invested to Support Manufacturing and the Semiconductor Industry in Oswego, NY

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the County of Oswego Industrial Development Agency in Oswego, New York, to support the growing manufacturing and semiconductor industries in the region. This grant will support expansion of the Oswego County Industrial Park, including…

EDA: $2.3 Million Invested to Support Economic Growth in Midland, TX

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to the Permian Basin Regional Planning Commission (PBRPC) in Midland, Texas to support economic development and growth in the region. This grant will support building renovations at PBRPC’s regional facility, which provides economic development and…

EDA: $1.8 Million Invested for Building Infrastructure Improvements to Support Workforce Development in Wisconsin

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.8 million grant to Mid-State Technical College in Wisconsin Rapids, Wisconsin, for building renovations needed to boost workforce development in the region. This grant will provide for the creation of a workforce development center on the Adams County…

EDA: $1.4 Million Invested for Building Renovations to Support Workforce Development in Boston, MA

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.4 million grant to the Jamaica Plain Neighborhood Development Corporation, Boston, Massachusetts, to support workforce development in the region. This grant will renovate three buildings to support the Center for Equity and Prosperity, providing small business technical assistance…

EDA: $800,000 Invested to Capitalize a Revolving Loan Fund to Support Small Businesses in Northwest Oregon

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $800,000 grant to the Columbia-Pacific Economic Development District, St. Helens, Oregon, to capitalize a Revolving Loan Fund (RLF) to bolster small business development and expansion. This grant will provide access to capital as gap financing to enable small businesses to grow and…

EDA: $600,000 Invested to Capitalize a Revolving Loan Fund to Support Small Businesses in Los Angeles County, CA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,000 grant to PACE Finance Corporation, Los Angeles, California, to capitalize a Revolving Loan Fund (RLF) to bolster small business development and expansion.  This grant will provide access to capital as gap financing to enable small businesses to grow and generate new…

EDA: $600,000 Invested to Support Disaster Recovery and Resiliency Efforts in Lonoke, AR

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,000 grant to the Arkansas Association of Development Organizations Inc., in Lonoke, Arkansas, to support disaster recovery and resiliency efforts in the region. This grant will provide technical and long-term disaster recovery assistance in Arkansas counties affected by tornadoes in December 2021….

HUD: More Than $5 Million in New Investments Announced for Camden, NJ

New awards will support climate resilience and energy efficiency renovations. On Monday, September 9, 2024, U.S. Department of Housing and Urban Development (HUD) Acting Secretary Adrianne Todman traveled to Camden, New Jersey, to announce a $5,640,000 grant to Northgate II, a 402-unit affordable housing development in North Camden, to support significant energy efficiency and climate…

HUD: More Than $1 Million Announced to Reduce Radon Exposure in Connecticut and Ohio Public Housing

HUD Announces More than $1 Million to Reduce Radon Exposure in Connecticut and Ohio Public Housing New funds will improve the safety of almost 1,700 families and prevent toxic exposures that could lead to cancer WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced more than $1.1 million to two public housing…