Investment

EDA: $4.2 Million Invested to Boost Water System Capacity in Petersburg, IN Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.2 million grant to the city of Petersburg, Indiana, to improve and expand its water system to support existing businesses and attract new business. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone,…

EDA: $4 Million Invested to Make Wastewater Infrastructure Improvements in Exmore, VA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to the town of Exmore, Virginia, to build a new flood-resistant wastewater treatment plant that will increase the city’s capacity to protect businesses from flooding and encourage additional business development. The EDA grant, to…

EDA: $2.6 Million Invested to Make Flood-Resistant Infrastructure Improvements Needed in Jefferson County, NE

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million grant to Jefferson County, Nebraska, to make roadway infrastructure improvements needed to ensure access to the county’s largest employer during flood events and support future business growth. The EDA grant, to be matched with more…

EDA: $1.9 Million Invested to Protect Businesses from Flooding in Valentine, NE

 Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million grant to the city of Valentine, Nebraska, to make stormwater infrastructure improvements needed to protect businesses from flooding. The EDA grant will be matched with nearly $1.4 million in local investment. “The Trump Administration is…

EDA: $1.9 Million Invested to Make Port Harbor Improvements Near Pemiscot County, MO Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million grant to the Pemiscot County Port Authority, Caruthersville, Missouri, to make port harbor improvements needed to protect against future flooding and encourage additional business development. The EDA grant, to be located near a Tax Cuts and…

EDA: $1.9 Million Invested to Boost Industrial and Manufacturing Growth in Davidson County, NC

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million grant to the county of Davidson, North Carolina, to construct a new stormwater detention pond and other stormwater and sewer improvements to support expansion of industrial and manufacturing business in the region. The EDA grant,…

HUD: $4 Million Awarded to Help Low-Income Veterans Rehabilitate Their Homes

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced $3.9 million in funding through the Veterans Housing Rehabilitation and Modification Pilot Program (VHRMP) to help make homes more accessible for disabled veterans. Through the VHRMP program, grantees will make necessary physical modifications to address the needs of…

EDA: $2 Million Invested to Expand Jonesboro Industrial Park in Jonesboro, AR Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Jonesboro, Arkansas, to make rail infrastructure improvements needed to support the expansion of the Jonesboro Industrial Park. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity Zone,…

HUD: More Than $9 Million Awarded to Make Housing Safer for Tribal Communities

Funding to make low-income tribal homes safer and healthier The U.S. Department of Housing and Urban Development (HUD) today awarded more than $9 million in Healthy Homes Production grants to twelve tribes and tribal agencies to protect children and families from home health and safety hazards. “As a pediatric neurosurgeon I have seen firsthand the…

EDA: Over $24 Million in CARES Act Funding Invested to Support Recovery from Coronavirus Pandemic

The U.S. Department of Commerce’s Economic Development (EDA) administration has awarded millions in CARES Act Funding to support economic development and economic recovery in response to the coronavirus pandemic. Investments include: October 1, 2020 – U.S. Department of Commerce to Invest $15 Million in CARES Act Recovery Assistance to Aid Reopening of Economy in Washington State…