Investments & Funding

EDA: $3.9 Million Invested to Support Disaster Recovery and Workforce Development in New Mexico

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $3.9 million in the state of New Mexico to support economic and workforce development following natural disasters in the state. The EDA investments announced today are: “President Biden is committed to ensuring that all communities in New Mexico and…

EDA: $3 Million Invested to Establish Business and Entrepreneurship Center in Tulsa, OK

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Tulsa Economic Development Corporation in Tulsa, Oklahoma, to create a business and entrepreneurship center. This grant will provide services, tenant opportunities, and meeting space for local entrepreneurs. This EDA investment will be matched…

EDA: $1.3 Million Invested to Support Aviation Workforce Development and Business Growth in Seminole, OK

 Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the city of Seminole, Oklahoma, to support aviation industry workforce development and business growth. This grant will construct an Aviation Education Center as well as transportation and parking facilities at the Seminole Airport Industrial…

SBA: Funding Awards Announced for Three Organizations to Provide Women Veteran Entrepreneurship Training Programs

Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced $300,000 in funding for three organizations to deliver the SBA’s Women Veteran Entrepreneurship Training Program (WVETP) to local veterans. “The Biden-Harris Administration is committed to honoring the service of the…

HUD: $750,000 Invested to Boost Energy Efficiency and Climate Resilience for Low-Income Senior Housing in Tennessee

The grant will finance renovations to make residents’ homes safer and help combat the nation’s climate crisis. Today, the U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs, announced it has completed a $750,000 grant transaction under the Green and Resilient Retrofit Program (GRRP) with Wesley Living of Tennessee. The transaction…

HUD: $5.5 Billion in Grants Announced for Affordable Housing, Community Development and Homeless Assistance to Drive Economic Growth

Funding empowers 1,200 communities: addressing urgent local needs, boosting economic growth, enhancing community resilience, creating jobs, and advancing housing solutions. The U.S. Department of Housing and Urban Development (HUD) today announced $5.5 billion in funding that will go to 1,200 communities through more than 2,400 grants to States, urban counties, insular areas, DC, Puerto Rico, and localities…

EDA: $3.4 Million Invested for Building Renovations to Support Job Creation and Business Development in Charleston, WV

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.4 million grant to Advantage Valley, Inc., for renovations to the former Vossloh Track Building. This grant will support job creation and private investment by attracting new businesses to the region. This EDA investment will be matched with…

EDA: $3.1 Million Invested for Water Infrastructure Improvements in Lancaster, SC

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.1 million grant to the city of Lancaster, South Carolina, for water infrastructure improvements.  This grant will provide increased water and sewer access to local businesses and first responders in downtown Lancaster. This EDA investment will be matched…

EDA: $3 Million Invested for Irrigation Infrastructure Improvements in Jemez Pueblo, MN

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Pueblo of Jemez in Jemez Pueblo, New Mexico, for irrigation infrastructure improvements on Tribal land.  This grant will expand water supplies for the local farming community and food vendors following a series of…

EDA: $2.2 Million Invested for High-Speed Internet Access on Tribal Land in Louisiana

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.2 million grant to the Coushatta Tribe of Louisiana in Elton, Louisiana, to construct fiber optic cable on Tribal land in both Allen and Jefferson Parish. This grant will construct fiber optic cable along U.S. 165, bringing high-speed…