EDA: $1.8 Million in CARES Act Funding Invested to Boost Economic Development Programs to Help Native American and Alaska Native Planning Organizations
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $1.8 million in CARES Act Recovery Assistance grants to Native American and Alaska Native planning organizations to update economic development plans and fortify programs to assist communities in responding to the coronavirus pandemic. “The Trump Administration is eager to allocate these essential CARES…
EDA: Over $10 Million in CARES Act Funding Invested to Support Economic Recovery from Coronavirus Pandemic
The U.S. Department of Commerce’s Economic Development (EDA) administration has awarded over $10 Million in CARES Act Funding to support economic development and economic recovery in response to the coronavirus pandemic. Investments include: $400,000 to help 17 communities in Southeastern Massachusetts $400,000 to help the Prince William Sound Region of Alaska $400,000 to help Barnstable…
HUD: Nearly $1 Million in CARES Act Funding Awarded to 19 State and Local Fair Housing Organizations
The Department of Housing and Urban Development announced today that it is awarding $962,160 in funding to HUD Fair Housing Assistance Program (FHAP) agencies in New York, Louisiana, Rhode Island, Iowa, Pennsylvania, Massachusetts, California, Texas, Indiana, Florida, Nebraska, Hawaii, South Carolina, Maryland, Michigan, Connecticut, and New Jersey to support activities related to COVID-19. The awards…
HUD: Secretary Carson Announces New Foster Youth Housing Vouchers for Nine States
23 Vouchers Awarded to 9 States U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced nearly $200,000 in the most recent round of grants for HUD’s Foster Youth to Independence (FYI) Initiative. Nine housing authorities will receive this funding continuing HUD’s efforts to assist young adults transitioning out of foster care….
EDA: $800,000 Invested to Establish Revolving Loan Fund to Support Business Recovery Near Opporunity Zone in South Dakota
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $800,000 grant to the South Eastern Development Foundation, Sioux Falls, South Dakota, to capitalize a Revolving Loan Fund (RLF) that will provide gap financing to businesses in a six-county region impacted by 2019 floods and storms. The EDA grant project, to be…
EDA: $500,000 Invested to Improve Critical Infrastructe in Exclesior Springs, MO Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant the city of Excelsior Springs, Missouri, to improve critical roadway and sewer infrastructure to accommodate new business development. The EDA grant project, to be located in a Tax Cuts and Jobs Act Opportunity Zone, will be matched with $400,000 in state funds…
CDFI Fund: Application Reminders and Updates for FY 2020 Capital Magnet Fund Applicants
As a reminder for fiscal year (FY) 2020 Capital Magnet Fund applicants, the deadline for online submission of the SF-424 Mandatory through Grants.gov for this year’s funding round is June 26, 2020 at 11:59 p.m. Eastern Time (ET). The deadline for online submission of the rest of the application materials through the CDFI Fund’s Awards Management Information…
EDA: $12.2 Million Invested to Constructe New Wastewater Treatment Facility near Opportunity Zone in South Sioux City, NE
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $12.2 million grant to South Sioux City, Nebraska, to construct a new wastewater treatment facility that will support business growth following severe flood damage in 2019. The EDA grant, to be located near a Tax Cuts and Jobs…
EDA: $3.1 Million Invested to Protect Businesses from Flooding in Disaster-Impacted Mitchell, SD
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.1 million grant to the city of Mitchell, South Dakota, to make improvements to storm water management infrastructure. The EDA grant, to be matched with nearly $775,000 in local investment, is expected to create or retain about…
EDA: $1 Million Invested to Support Statewide Disaster Recovery and Resiliency Efforts in North Carolina
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the North Carolina Department of Public Safety (NCDPS), Raleigh, North Carolina, to aid the establishment of a statewide framework on disaster resilience planning and to provide economic guidance and strategic training. The EDA…