Investments & Funding

EDA: $794,472 Invested to Boost Business Growth in Coal-Impacted and Other Underserved Communities in Georgia

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $794,472 grant to the Georgia Southern University Research and Service Foundation, Inc., Statesboro, Georgia, to connect businesses in underserved areas of Georgia with the technical assistance they need to grow and thrive. This project will allow Georgia Southern University’s Georgia Enterprise Network…

HUD: $568 Million Announced to Address Lead-Based Paint & Additional Housing-Related Hazards

In total, HUD has made more than $2.7 billion available to invest in healthy homes Today, the U.S. Department of Housing and Urban Development (HUD) announced two historic Notices of Funding Opportunities (NOFOs) that will make homes healthier and safer for low-income families. With this investment, since 1993, HUD has made more than $2.7 billion…

HUD: Rental Assistance Demonstration Conversion Closed with Housing Authority of the City of New Haven, CT as a Step in Plan to Preserve 110 Affordable Rental Homes

$16.7 million RAD transaction includes construction of 32 new affordable rental homes and a community center at Waverly Townhouses as part of second phase of Housing Authority’s re-development plan The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing is announcing today that it recently closed a Rental Assistance Demonstration (RAD) transaction with…

HUD: Rental Assistance Demonstration Conversion Closed in Albany, NY to Faciltate Creation and Rehabilitation of Affordable Rental Homes

HUD CLOSES RENTAL ASSISTANCE DEMONSTRATION (RAD) CONVERSION IN ALBANY, NY, TO FACILITATE CREATION AND REHABILITATION OF AFFORDABLE RENTAL HOMES $32 million transaction with the Albany Housing Authority will facilitate creation and preservation of 88 affordable rental homes in Steamboat Square Community. WASHINGTON, D.C. – The U.S. Department of Housing and Urban Development’s Office of Multifamily…

HUD: Rental Assistance Demonstration Conversion Closed in Boston, MA to Preserve 445 Affordable Rental Homes

$66 million transaction with Boston Housing Authority (BHA) preserves and rehabilitates 445 public housing homes as permanently affordable housing at Mission Main. The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing announced today that it recently closed a Rental Assistance Demonstration (RAD) transaction with the Boston Housing Authority (BHA) in Boston, MA,…

EDA: $3 Million Invested to Grow Skilled Healthcare Workforce in Southwestern Wyoming

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to Western Wyoming Community College District, Rock Springs, Wyoming, to help diversify the economy by boosting the region’s healthcare workforce. The EDA project will renovate existing facilities and construct new educational spaces to support…

EDA: $2.4 Million Invested to Make Roadway Infrastructure Improvement in Support of Commerce in Eastern Ohio

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the County of Mahoning, Ohio, to support the Mahoning Avenue Industrial Corridor Upgrade project. The project will provide roadway upgrades, bridge replacements, drainage enhancements, and other necessary improvements to better position the corridor…

EDA: $640,994 Invested to Help Grow Seafood Industrial Park in Newport News, VA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $640,994 grant to the city of Newport News, Virginia, to support preliminary studies and design at the Seafood Industrial Park located in Newport News’ SouthEast neighborhood. This project supports necessary preliminary engineering and environmental work, development of a site plan, as well…

EDA: $725,000 Invested to Boost Workforce Training Efforts in Ottumwa, IA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $725,000 grant to Indian Hills Community College, Ottumwa, Iowa, to equip the college’s Career and Technical Education training facility at the Centerville campus. The EDA project will provide the equipment needed to facilitate effective training programs that will help meet regional demand for…

HUD: $24.7 Million Awarded to Provide Affordable Housing to Support Community Living for Non-Elderly People with Disabilities

Today, the U.S. Department of Housing and Urban Development (HUD) announced the award of $24.7 million to 98 local public housing authorities (PHAs) across the country to provide permanent affordable housing to non-elderly persons with disabilities. This award allows these PHAs to house up to 2,210 additional families, and further support community integration for persons with…