EDA: U.S. Economic Development Prioritizes Applications for Projects Located in Opportunity Zones
Today, U.S. Assistant Secretary of Commerce for Economic Development Dr. John C. Fleming announced that the U.S. Economic Development Administration (EDA) is adding Opportunity Zones as an Investment Priority. This new Investment Priority will significantly increase the number of catalytic Opportunity Zone-related projects that EDA can fund to spur greater public investment in these areas. “Opportunity…
EDA: Investment Made to Boost Workforce Training in Baltimore, MD Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $1.6 million in City Life Community Builders of Baltimore, Maryland, to support the reuse of the Hoen Lithograph Complex as a workforce training center. The project, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be…
ABA: Investment Made to Support Growth of the Manufacturing Sector in Ludlow, MA Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $3.1 million in the Town of Ludlow, Massachusetts, to help support of the growth of local manufacturing by improving Riverside Drive. The project, to be matched with $3.1 million in local funds, is located in a Tax Cuts…
EDA: Investment Made to Support the Growth of Manufacturing and Tech-based Businesses in Rapid City, SD Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $3 million in the Rapid City Economic Development Foundation of Rapid City, South Dakota, to help build a new business incubator facility that will support the growth of sustainable manufacturing and technology-based businesses. The investment, to be located…
EDA: Investment Made in Opportunity Zone to Increase Agriculture and Livestock Training at Central Wyoming College
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $3 million in Central Wyoming College of Riverton, Wyoming, to help build an agriculture-focused training facility. The investment, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be matched with $2.5 million in…
EDA: $2.9 Million Invested to Provide Critical Infrastructure in Thomasville, AL
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.9 million grant for critical infrastructure needed to support a regional medical center and related business growth in Thomasville, Alabama. The project, to be matched with $724,000 in local funds, is expected to help create 65 jobs…
EDA: $1.45 Million Invested to Boost Industrial Growth in Beaverton, MI Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $1.45 million grant to the city of Beaverton, Michigan, to provide critical infrastructure needed to expand and improve the city’s industrial park. The project, to be matched with $263,880 in local funds, is expected to help create more…
EDA: Investment Made to Support Small Business Growth and Resiliency in Redding, CA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced an $880,000 grant to Superior California Economic Development of Redding, California, to capitalize a Revolving Loan Fund (RLF) and to provide technical assistance to potential borrowers in disaster-impacted counties of Shasta, Trinity, Modoc, and Siskiyou. This EDA grant will be matched with $220,000 in…
EDA: Investment Made to Improve Aviation Museum, Boost Tourism in Monroe, LA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $450,000 grant to Friends of Chennault Aviation & Military Museum, Monroe, Louisiana, to boost tourism in the region by helping to construct an outdoor pavilion, park display and activity area that will aid the display of military aircraft. The grant will be…
EDA: Investment Made to Expand Critical Santa Fe College Business Incubator in Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.8 million grant to Santa Fe College, Gainesville, Florida, to help re-build and expand the Santa Fe College Center for Innovation and Economic Development (CIED) at the Blount Center. The project, to be located in a Tax…