EDA: $734,000 Invested to Support the Aquaculture Industry in Newport, NC
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $734,000 grant to the North Carolina Coastal Federation, Inc., in Newport, North Carolina, to construct a new shellfish aquaculture facility. This project will provide logistical support to shellfish farmers who have been adversely affected by Presidentially-declared disasters, including recent hurricanes and the…
EDA: Grantees Announced Under the 2023 University Center Competition
23 Colleges and Universities in EDA’s Austin and Denver Regions Selected as EDA University Center Economic Development Technical Assistance Programs Today, U.S. Secretary of Commerce Gina Raimondo announced the grantees of the U.S. Economic Development Administration’s (EDA) 2023 University Center Economic Development Program Competition. EDA is providing a total of $16.5 million in grants to 23…
CDFI Fund: $300 Million Bond Financing Guarantees Issued for Projects in Low-Income and Distressed Communities
U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that Treasury has agreed to issue three guarantees totaling $300 million under the Community Development Financial Institution (CDFI) Bond Guarantee Program. The guarantees will be issued on behalf of three Eligible CDFIs under the fiscal year (FY) 2023 round of the…
HUD: $2 Million Granted to Advance Research Efforts Tackling Homelessness
Today, the U.S. Department of Housing and Urban Development (HUD) awarded a combined $1.4 million to Northern Arizona University and New York University (NYU) Grossman School of Medicine under the University-Nonprofit Partnerships Engaged in Community-Based Research Designed to Address Homelessness Notice of Funding Opportunity (NOFO) to support research to address homelessness that engages affected communities and elevates…
HUD: Nearly $1 Million Awarded for Research to Close Homeownership Gap
Grants support efforts to address disparities in access to mortgage financing and homeownership for borrowers of color and other underserved groups Today, the U.S. Department of Housing and Urban Development (HUD) announced nearly $1 million in grant awards to conduct rigorous research focused on closing gaps in access to mortgage financing and homeownership faced by…
EDA: $16.1 Million Invested to Boost Business and Job Growth in California
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $16.1 million in the state of California to support community and workforce development projects needed to expand economic opportunity in underserved areas. The EDA investments announced today are: “As part of the Biden Administration’s commitment to investing in America,…
EDA: $6.7 Million Invested to Increase Access to Health Care and Support Business Growth in Texas
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $6.7 million in the state of Texas to support construction of a community-based dental clinic and to make infrastructure improvements needed to support business growth. The EDA investments announced today are: “President Biden is committed to ensuring all communities…
EDA: $5.3 Million Invested to Support Business Development and Industrial Growth in South Dakota
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $5.3 million in the state of South Dakota to make critical infrastructure improvements needed to support current and future business needs. The EDA investments announced today are: “Bolstering infrastructure and industrial capacity are critical parts of President Biden’s Investing…
EDA: $5.7 Million Invested to Support Business Expansion and Create Jobs in West Virginia
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding $5.7 million in grants to support business expansion projects in West Virginia. The EDA investments announced today are: “As part of the Biden Administration’s commitment to investing in America, we’re making sure that communities in West Virginia and across…
EDA: $4 Million Invested to Support Automotive Workforce Development in Troy, NY
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to Hudson Valley Community College in Troy, New York, for upgrades to the Applied Technology Education Center. This grant will support construction of the new Automotive Technical Services Class Laboratories and Drive Aisles Wing, to…