HUD: FHA Insures $65.5 Million Mortgage for Energy Efficient Transit-Oriented Development in Roselle, IL
Insurance endorsement provided by FHA supports creation of 295 new construction rental homes The Federal Housing Administration (FHA) announced today, April 21, that it has closed on a $65.9 million loan insured under FHA’s 221(d)(4) New Construction Mortgage insurance program for Metro 19 Apartments in Roselle, Illinois. The insured loan will help finance the construction…
EDA: $1.8 Million in CARES Act Recovery Assistance Invested to Increase High-Speed Internet Connectivity in Grant County, OR
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million CARES Act Recovery Assistance grant to the city of John Day, Oregon, to increase internet connectivity in Grant County. This project will support community broadband enhancements in the cities of John Day and Canyon…
EDA: $7.3 Million Invested to Help Get Employees to Work in North Slope Borough, AK
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $7.3 million grant to the North Slope Borough, Alaska, for transportation infrastructure. Recent climate-linked flooding has disrupted the only existing route to Ilisagvik College and the Barrow Arctic Research Center. This project will support community resiliency…
EDA: $24.6 Million in American Rescue Plan Funds Invested in Communities Across the Nation
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding the following new grants funded by the American Rescue Plan. U.S. Department of Commerce Invests $1.6 Million in American Rescue Plan Funds to Support Small Businesses in Southwestern Oregon U.S. Department of Commerce Invests $500,000 in American…
EDA: $1.7 Million in CARES Act Recovery Assistance Invested to Expand Broadband Service in the Manufacturing, Agricultural and Technology Industries in Rural Central Indiana
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.7 million CARES Act Recovery Assistance grant to Northwest Central Indiana Community Partnerships, Inc., West Lafayette, Indiana, to expand broadband access in Central Indiana in support of the region’s manufacturing, agricultural and technology industries. This project…
EDA: $2 Million in American Rescue Plan Funds Invested for Roadway Improvements to Support Business Development in Springdale, AR
Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Springdale, Arkansas, to extend Dixieland Road in the northern portion of the city. This grant is funded by the American Rescue Plan. This project will create direct highway access for…
EDA: $761,040 Invested to Support Infrastructure Improvements and Create Jobs in Henderson, NC
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $761,040 grant to the county of Vance, North Carolina, to make critical infrastructure improvements needed to support business growth in the Henderson-Vance Industrial Park. This project will promote job creation through roadway and sewer upgrades necessary for business expansion. This EDA grant,…
HUD: Joint Effort Launched with Puerto Rico to Modernize Energy Grid
2022 Actions Include Taking Ongoing Projects to Construction Phase, Investments in Grid Reliability, a Roadmap for 100% Clean, Affordable and Reliable Power Across Puerto Rico The U.S. Department of Housing and Urban Development (HUD) today joined the Departments of Energy (DOE) and Homeland Security (DHS) and the Commonwealth of Puerto Rico to launch a new…
EDA: $2.3 Million Invested for Broadband Infrastructure in Anacortes, WA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to the city of Anacortes, Washington. This project will support the installation of broadband infrastructure throughout Anacortes, expanding high-speed internet service to all of the city’s households, and providing additional connectivity to local…
EDA: $1.6 Million Invested to Support Development of New Business and Healthcare Infrastructure in King and Queen County, VA
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to King and Queen County, Virginia. This project will address a pressing need for new medical and business development space in King and Queen County by supporting the construction of a multi-tenant, pre-engineered…