Investments & Funding

SBA: $20 Million Dedicated to New Small Business Export Growth

Administrator Guzman Announces 2023 State Trade Expansion Program Awardees Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s 33 million small businesses, announced $20 million in grants awarded to 49 state and territory international trade agencies across the country as part of the SBA’s State Trade Expansion Program…

HUD: Over $24 Million Awarded to 57 Grantees to Fight Housing Discrimination

Today, the U.S. Department of Housing and Urban Development (HUD) announced the allocation of $24,195,749.33 from its $56 million FY 2023 budget to support 57 fair housing organizations across the nation through the Fair Housing Initiatives Program (FHIP). These funds are being directed to second and third year multi-year grantees of the Private Enforcement Initiative (PEI) to…

HUD: $128 Million Awarded to Tribal Communities for Construction of New Affordable Housing

Today, the U.S. Department of Housing and Urban Development (HUD) announced 22 awards totaling approximately $128 million for affordable housing investments in Tribal communities. HUD Secretary Marcia L. Fudge made the announcement today in Kenai, Alaska, where she presented $7.5 million to the Kenaitze-Salamatof to build 18 new housing units to increase the number of…

EDA: $2.5 Million Invested for Water Infrastructure Improvements to Support Aluminum Manufacturing Industry in Bay Minette, AL

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to North Baldwin Utilities in Bay Minette, Alabama, for water infrastructure upgrades to support a new aluminum manufacturing facility and create jobs in the region. This investment will support construction of an elevated water tank…

EDA: $742,180 Invested to Expand Truck Driver Workforce Training Efforts in Fitzgerald, GA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $742,180 grant to Wiregrass Georgia Technical College in Fitzgerald, Georgia, to enhance their truck driver training program and support job creation in the region. This grant will bolster the aims of the Biden Administration’s Trucking Action Plan to grow and strengthen America’s…

SBA: $8 Million in PRIME Grants Awarded to Help Micro-Entrepreneurs

Grants will help 32 organizations with program development and provide training and technical assistance to improve access to capital for economically disadvantaged microentrepreneurs Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses in President Biden’s Cabinet, announced the awardees for the 2023 Program for Investment in…

EDA: $2 Million Invested to Support Revitalization of Downtown Madawaska, ME

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the town of Madawaska, Maine, to redevelop the town’s downtown plaza. Revitalization of Madawaska’s downtown plaza, including the expansion of the Farmers Market, renovation of a vacant building to house co-working offices, and transportation…

EDA: $1.7 Million Invested to Expand Agricultural and Lineworker Workforce Training Programs in Christian County, MO

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to Ozarks Technical Community College in Springfield, Missouri, to construct a new workforce training facility on the Richwood Valley Campus in Christian County.  This grant will allow for expansion of the college’s agricultural industry and…

HUD: Nearly $140 Million Awarded to Protect Low-Income Families from Lead and Other Home Health and Safety Hazards

Funding to make low-income families’ homes safer and healthier. The U.S. Department of Housing and Urban Development (HUD) awarded today nearly $140 million to 36 state and local government agencies in 19 states to protect children and families from lead-based paint hazards and other home health hazards. HUD is providing these grants through its Lead-Based Paint…

EDA: $1.5 Million Invested to Build State-of-the-Art Training Facility at Brewton-Parker College in Mount, Vernon GA

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to Brewton-Parker College, Mount Vernon, Georgia, to support workforce development and create jobs in the healthcare sector. This grant will fund construction of a new instructional facility to expand the college’s nursing workforce development program…