FHA: House Price Index Up 0.2 Percent in July 2018
U.S. house prices rose in July, up 0.2 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). The previously reported 0.2 percent increase in June was revised upward to 0.3 percent. The FHFA monthly HPI is calculated using home sales price information from mortgages…
EDA: $820,000 Invested to Provide Critical Infrastructure Need to Support Manufacturing Growth in Carrollton, KY
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $820,000 grant to the City of Carrollton to provide infrastructure improvements needed to support manufacturing and other business growth. According to grantee estimates, the project is expected to create 121 jobs and spur $268 million in private investment. “We commend the City…
EDA: $2.3 Million Invested in Puerto Rico to Grow Local Businesses in Wake of 2017 Storms
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $2.3 million in grants to the Universidad del Sagrado Corazón in San Juan to help support entrepreneurial efforts following the damage caused by Hurricanes Irma and Maria. According to grantee estimates, the projects are expected to create and…
CFPB: Budgeting Strategies and Free Tools to Help You Reach Your Goals
Making and sticking to a budget is a key step to getting a handle on your debt and working towards your goals. Making a budget Let’s say you want to save up for a down payment on a house, a vacation, or for your emergency savings fund. Until you have an understanding of how much…
EDA: $4.8 Million Invested to Provide Critical Infrastructure in Pennsylvania
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $4.8 million in grants to the Commonwealth of Pennsylvania to help provide the critical infrastructure necessary to support business development. “Dilapidated infrastructure has shackled the economic growth of countless communities across the country,” said Secretary of Commerce Wilbur…
EDA: $4.4 Million Invested to Build Tribal Business Incubator in Minnesota
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.4 million grant to the Lower Sioux Indian Community of Morton, Minnesota, to support the construction of the Lower Sioux Intergenerational Cultural Incubator. According to grantee estimates, the project is expected to create 138 new jobs and…
EDA: $3.75 Million Invested to Support the Growth of the Aviation Sector in Carbondale, IL
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.75 million grant to the Southern Illinois Airport Authority of Carbondale, to build two new buildings in support of the region’s growing aviation industry. According to grantee estimates, the project is expected to create 45 jobs and…
EDA: $2.3 Million Invested to Spur Manufacturing Growth in Easton, MD
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to the Town of Easton, Maryland, to help establish a new industrial park that will allow businesses in the region to expand. According to grantee estimates, the project is expected to create 55 new…
EDA: $2 Million Invested to Support Biomanufacturing Efforts in Los Angeles, CA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Cedars-Sinai Medical Center of Los Angeles, California, to purchase equipment for the Cedars-Sinai Biomanufacturing Center. According to grantee estimates, the project is expected to create 444 new jobs and spur $47 million in…
EDA: $1.7 Million Invested to Support Industrial Growth in Missouri
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to the City of Potosi, Missouri, to upgrade the community’s natural gas line. According to grantee estimates, the project is expected to create or retain more than 60 jobs and generate more than $10…