Investments & Funding

EDA: $10.7 Million Invested for Water Infrastructure Improvements to Support Job Growth in Hazard, KY

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding $10.7 million for water infrastructure improvements needed to support job growth and economic resiliency in the region. This grant will provide for increased water service at the Coal Fields Regional Industrial Park, providing greater capacity to local businesses. This…

EDA: $13.5 Million Invested for Water Infrastructure Improvements to Support Business Growth in Lake City, SC

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $13.5 million grant to the city of Lake City, South Carolina, for water infrastructure improvements needed to support local businesses. This grant will alleviate flooding in the downtown area, helping to reduce structural and economic damage to businesses,…

EDA: $2.5 Million Invested to Support Business Expansion and Industrial Growth in Milbank, SD

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 city of Milbank, South Dakota, to boot business growth in the region. This grant will help build new roadways and utilities needed to expand the industrial park in Milbank. This EDA investment will…

EDA: $2.1 Million Invested to Support Agriculture and Ecotourism in Belen, NM

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.1 million grant to the Valencia Soil and Water Conservation District in Belen, New Mexico, to support economic resiliency efforts in agriculture and ecotourism following wildfires in 2023. This grant will support construction of an operations and economic…

HUD: $773 Million Invested to Benefit Renters Across the Country

Two Years After Signage of President Biden’s Inflation Reduction Act, HUD is Creating More Affordable, Energy Efficient and Climate Resilient Homes for Renters. Today, the U.S. Department of Housing and Urban Development (HUD) is commemorating the two-year anniversary of President Biden’s Inflation Reduction Act, the largest investment in clean energy and climate action ever, which…

HUD: Nearly $140 Million Awarded to Expand Affordable Housing for People with Disabilities

Funding supports efforts by 18 state housing agencies to create affordable homes and expand support services for adults living with disabilities. Today, the U.S. Department of Housing and Urban Development awarded $138.5 million in grants for more than a dozen state housing agencies to expand the supply of housing and supportive services for low-income persons…

HUD: $350 Million Announced for Communities to Build More Affordable Homes and Lower Housing Costs

HUD announces $100 million in new PRO Housing funding to cut red tape to housing production, and launches $250 million challenge for transformative housing investments The U.S. Department of Housing and Urban Development (HUD) today announced the availability of $100 million in competitive grant funding to cut red tape, build more homes, and lower the costs of…

HUD: $6 Million Awarded to Protect Families from Home Health and Safety Hazards

Funding will be used to make private homes safer The U.S. Department of Housing and Urban Development (HUD) today awarded $6 million to two nonprofit organizations, and a city government to protect children and families from home health hazards. This is the second round of funding announced for this program in addition to the grant announcements made…

EDA: $2.3 Million Invested to Support Small Business and Entrepreneurial Growth in West Virginia

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $2.3 million in the state of West Virginia to support small businesses and entrepreneurs. The EDA investments announced today are: “The Biden-Harris Administration is committed to ensuring that communities in West Virginia and across the country have the resources…

EDA: $614,400 Invested for Infrastructure Improvements to Support Disaster Resilience in Sausalito, CA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $614,400 grant to the city of Sausalito, California, to support transportation infrastructure improvements designed to bolster disaster resilience. This grant will facilitate a vulnerability and feasibility study that will guide future flood mitigation improvements on the city’s Gate 5 Road. This EDA…