EDA: $2 Million in CARES Act Recovery Assistance Invested to Boost Telehealth Workforce Training Efforts at Des Moines University in Iowa
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to Des Moines University Osteopathic Medicine Center, Des Moines, Iowa, to purchase equipment for the university’s planned state-of-the-art telehealth training center. This EDA grant, to be matched with $2.1 million in local investment, is expected…
EDA: $2 Million in CARES Act Recovery Assistance Invested to Support Businesses by Improving Lee Boulevard in Lawton, OK
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to the city of Lawton, Oklahoma, to make roadway improvements to Lee Boulevard to improve access to the Lawton Industrial Park, Great Plains Technology Institute, and Southwest Medical Center. The EDA grant, to be matched…
EDA: $1.2 Million in CARES Act Recovery Assistance Invested to Capitalize Revolving Loan Fund to Serve Businesses in Southwest Montana
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $1.2 million CARES Act Recovery Assistance grant to the Northern Rocky Mountain Economic Development District, Bozeman, Montana, to capitalize and administer a Revolving Loan Fund (RLF) that will provide critical gap financing to businesses adversely affected by the coronavirus pandemic in Gallatin…
Census Bureau: Data Collection Begins for Phase 4 of Small Business Pulse Survey
In response to the significant and continuing economic disruptions resulting from the coronavirus pandemic and the urgent need for data, the U.S. Census Bureau launched a fourth phase of the Small Business Pulse Survey (SBPS) with data collection on Feb. 15. This experimental survey was designed to measure temporal economic trends in the nation’s small…
HUD: Extensions and Expansion of COVID-19 Homeowner Relief and Home Retention Measures Announced
Extensions and expansions support the immediate and ongoing needs of homeowners who are experiencing economic impacts related to the COVID-19 pandemic. To provide urgent economic relief to homeowners impacted by COVID-19, today the U.S. Department of Housing and Urban Development (HUD) announced extensions of the Federal Housing Administration’s (FHA) foreclosure and eviction moratoriums, as well…
SBA: $200 Billion Milestone Reached for Economic Injury Disaster Loan Program to Small Businesses and Non-Profits
Today, the U.S. Small Business Administration reached a milestone in the success of the COVID-19 Economic Injury Disaster Loan (EIDL) program, which has provided U.S. small businesses, non-profits, and agricultural businesses a total of $200 billion in emergency funding. “Following the enactment of COVID-19 emergency legislation, the SBA has now provided more than 3.7 million small businesses…
Federal Reserve: FEDS Notes | The Effects of COVID-19 as Reported by Local Communities
Author: Andrew Dumont1 Since early-April 2020, the Community Development function of the Federal Reserve Board and the twelve Federal Reserve Banks have, approximately every eight weeks, surveyed key stakeholders in local communities across the United States to learn about how the COVID-19 pandemic is affecting their community. Survey respondents have included representatives from local, state…
EDA: $10.2 Million in CARES Act Recovery Assistance Invested to Support Economic Growth and Resiliency Efforts in Texas
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $10.2 million in CARES Act Recovery Assistance grants to help the state of Texas prevent, prepare for, and respond to coronavirus. “EDA is committed to helping communities across Texas fight economic hardships brought on by COVID-19,” said Dennis Alvord, Acting Assistant Secretary of…
EDA: $4.2 Million in CARES Act Recovery Assistance Invested to Support Pandemic Response and Resiliency Efforts in Louisiana
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $4.2 million in CARES Act Recovery Assistance grants to help the state of Louisiana prevent, prepare for, and respond to coronavirus. “EDA is committed to helping communities across Louisiana fight economic hardships brought on by COVID-19,” said Dennis Alvord, Acting Assistant Secretary of…
EDA: $2.5 Million in CARES Act Recovery Assistance Invested to Aid Reopening of Tourism Economy in St. Louis, MO
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $2.5 Million CARES Act Recovery Assistance grant to the St. Louis Regional Convention and Visitors Commission, St. Louis, Missouri, to aid in the re-opening of the region’s tourism economy. This EDA grant, to be matched with $250,000 in local investment, is expected…