Investment

HUD: Nearly $2.2 Billion Awarded to Local Homeless Programs

Funding supports thousands of local homeless housing and service programs U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced nearly $2.2 billion in grants to support thousands of local homeless assistance programs across the nation. HUD’s Continuum of Care grants will provide critically needed support to approximately 6,593 local programs on…

HUD: Nearly $500,000 Awarded to Public Housing Authorities to Help Young People Aging Out of Foster Care

U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded $482,000 to four housing authorities to assist young people aging out of foster care and who are at risk of experiencing homelessness. See chart below. Secretary Ben Carson made the announcement during an interview with Jericka Duncan on CBS This Morning. Funded through HUD’s new Foster…

EDA: Indiana University and EDA Launch New USA Opportunity Zones Tool

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA), Indiana University (IU) and its Kelley School of Business announced the launch of the USA Opportunity Zones tool. This new web-based tool will help more than 390 EDA-designated Economic Development Districts (EDDs) across the nation, as well as local economic and community developers and investors, target…

EDA: $3 Million Invested to Equip Biotech Incubator in Irvine, CA

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to The Beall Family Foundation of Newport Beach, California to provide scientific lab equipment for use at the University Lab Partners biotech incubator facility in Irvine. The EDA grant, to be matched with $3…

EDA: $740,000 Invested to Support Natural Disaster Recovery and Resiliency Efforts in Wisconsin

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $740,000 grant to the Mississippi River Regional Planning Commission (MRRPC) of La Crosse, Wisconsin, to support the creation of an economic recovery and resiliency plan to mitigate future flooding and storm-related impacts in the villages of Ontario, Readstown, Viola, and La Farge….

EDA: $7.4 Million Invested to Support Workforce Training and Emergency Management Efforts in Disaster-Impacted Areas of California

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $7.4 million in the state of California to support disaster-related workforce training and emergency management efforts. The EDA grants will be matched with $1.075 million in local investment. “Ensuring that communities have the trained workforce and adequate planning…

HUD: 2019 Year in Review Highlighting Accomplishments Released

The U.S. Department of Housing and Urban Development (HUD) today released its 2019 Year in Review outlining the major accomplishments of the agency under Secretary Ben Carson. “The Trump Administration continues to deliver on its promise to create greater economic opportunity for low-income families and revitalize underserved communities,” said, Secretary Carson. “HUD is committed to doing its…

HUD: $5 Million Awarded to Public Housing Authorities to Help Tenants Relocate

Tenant protection vouchers will help relocate tenants whose public housing units have been converted or demolished  The U.S. Department of Housing and Urban Development (HUD) today awarded $5 million to public housing authorities to provide tenant protection vouchers to public housing residents. These vouchers will help families with relocation or replacement housing from demolition or…

EDA: Investment Made to Support Business Education in New York

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $800,000 grant to TruFund Financial Services, Inc., of New York, New York to support the Hunts PoinEt Growth and Resiliency Program. The two-year program will provide business education classes and one-on-one counseling led by TruFund staff and subject matter experts. The EDA…

EDA: Investment Made to Support Entrepreneurial and Start-up Growth in West Virginia

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $708,300 grant to New River Gorge Regional Development Authority in Beckley, West Virginia to promote business development, job creation, job retention, and private investment in Southern West Virginia by expanding WV HIVE entrepreneur and business assistance programs. The EDA grant project, to…