Investments & Funding

EDA: $4.2 Million Invested to Boost Manufacturing Workforce Training Efforts in Northeast Ohio

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $4.2 million grant to the Lake County Community College District, Kirtland, Ohio, to renovate Lakeland Community College’s Industrial Skills Training Center for Advanced Manufacturing. This grant will help to diversify the local economy by expanding training opportunities for…

EDA: $5 Million Invested to Support Construction Trades Workforce Development in the Appalachian Region of Ohio

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $5 million grant to Belmont College, St. Clairsville, Ohio, for construction of a new building to house the construction trades program. This grant will support regional workforce development in the construction trades, preparing students for good-paying, in-demand jobs…

EDA: $5.3 Million Invested to Support Business Growth and Job Creation in West Virginia

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $5.3 million in grants to support West Virginia communities economically impacted by the declining use of coal and the coronavirus pandemic. Warm Springs Public Service District, Berkeley Springs, will receive a $3.2 million grant for water and sewer…

HUD: $5 Million Awarded to Modify and Repair Low-Income Veterans’ Homes

Funding Expected to Support 330 Veterans with Low Incomes and Disabilities The U.S. Department of Housing and Urban Development (HUD), in partnership with the U.S. Department of Veterans Affairs, today awarded $5 million in $1 million allotments to five non-profits in support of the Veterans Housing Rehabilitation and Modification Pilot Program (VHRMP). The awardees of…

CDFI Fund: FY 2022 Small Dollar Loan Program Awards Announced

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded more than $11.4 million in grants to Community Development Financial Institutions (CDFIs) today through the fiscal year (FY) 2022 round of the Small Dollar Loan Program (SDL Program). The awards will help expand consumer access to financial institutions by providing alternatives…