Investments & Funding

EDA: $1.6 Million Invested to Support Business Growth in Southern Texas

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the Harlingen Economic Development Corporation (HEDC), Harlingen, Texas, to develop a new industrial park to support business growth and job creation in the region near the U.S.-Mexico border. This grant will provide critical infrastructure…

EDA: $748,849 Invested to Boost Manufacturing Business Growth in Tennessee

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $748,849 grant to the University of Tennessee, Knoxville, Tennessee, to bolster Tennessee’s manufacturing sector. This grant will develop and implement a manufacturing growth model designed to improve workforce participation across Tennessee. The model will focus on distressed, disaster impacted, and coal impacted…

HUD: $85 Million Funding Opportunity Released to Remove Barriers to Building Housing and New Tools Announced to Build & Repair Affordable Housing

Increasing the supply of affordable housing is one way Bidenomics lowers housing costs from the bottom up and the middle out. Today, the U.S Department of Housing and Urban Development (HUD) is taking two actions to lower housing costs for Americans by increasing the supply of affordable housing. HUD’s actions today will make it easier…

HUD: $10 Million Funding Opportunity Announced for Tenant Education and Outreach

Protections and funding build on commitments made by the Biden-Harris Administration’s Blueprint for a Renters Bill of Rights Announcement made at HUD’s “National Conversation at the Community Table” with tenants and renters from across the United States Today, the U.S. Department of Housing and Urban Development (HUD) is announcing three new actions to increase fairness…

HUD: $370 Million in Choice Neighborhoods Implementation Grants Awarded

Awardees will redevelop their public and/or HUD-assisted housing, surrounding neighborhoods U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge announced today the awarding of Choice Neighborhoods Implementation (CNI) Grants totaling $370 million to eight communities throughout the country. These awards support communities that have undergone a comprehensive local planning process and are…

SBA: Record-Breaking $163 Million Set in Federal Procurement Opportunities to Small Businesses

Today, Administrator Isabella Casillas Guzman announced that the Biden-Harris Administration exceeded its small business contracting goal of 23% in fiscal year (FY) 2022, awarding an all-time high 26.5% of federal contract dollars to small businesses. This historic level amounts to a $162.9 billion investment in the small business economy– an $8.7 billion increase from the previous fiscal year. Ten federal agencies earned an…

HUD: Initial Recipients for Thriving Communities Technical Assistance Announced

The U.S. Department of Housing and Urban Development (HUD) is pleased to announce initial recipients of technical assistance offered through its Thriving Communities Technical Assistance (TCTA) program: Syracuse, NY; Rockford, IL; Redmond, WA; and Sun Prairie, WI. TCTA is designed to help local governments ensure housing needs are addressed as part of their infrastructure investment…

EDA: $1.6 Million Invested for Water and Sewer System Upgrades Needed to Support Trucking Industry in Spindale, NC

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the town of Spindale, North Carolina, for water and sewer system improvements needed to support business growth and job creation in a region impacted by fluctuations in the energy economy. This project will provide…

EDA: $1.2 Million Invested for Sewer System Upgrades Needed to Support Manufacturing in Swainsboro, GA

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the Emanuel County Development Authority, Swainsboro, Georgia, for sewer infrastructure improvements needed to support local business growth and job creation. This grant will provide for sewer system upgrades at the I-16 Industrial Park needed…

SBA: Two $150,000 Grants Announced to Fund Women’s Business Centers in Oregon and Washington, D.C.

Deadline To Apply: Thursday, August 24, 2023 Today, the U.S. Small Business Administration (SBA)  announced the availability of $300,000 for two grant opportunities for established and aspiring Women’s Business Center (WBC) host organizations to provide outcome-oriented business services for women entrepreneurs in Oregon and Washington, D.C. Each location will be awarded one grant of up to $150,000. The recipients must be private, nonprofit organizations that provide…