Investment

EDA: $695,965 Grant Made to Support Commercial Fishing Fleet and Nuclear Power Station in Seabrook, NH

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $695,965 grant to the Town of Seabrook, New Hampshire, to make critical infrastructure improvements needed to support the local fishing fleet and the NextEra nuclear power station. The grant, to be located near a Tax Cuts and Jobs Act designated Opportunity Zone, will be matched…

EDA: $500k Grant Made to Develop Comprehensive Smart Growth Strategy for Philadelphia Opportunity Zone

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to the Enterprise Center Community Development Corporation of Philadelphia, Pennsylvania, to develop a comprehensive smart growth strategy needed to help attract new private investment to a traditionally underserved transit corridor. The project, to serve several Tax Cuts and Jobs Actdesignated Opportunity Zone,…

EDA: $845,000 Investment Made to Make Critical Water Infrastructure Improvements in Albany, LA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $845,000 grant to the Town of Albany, Louisiana, to make water infrastructure improvements needed to serve local sawmill and other businesses. The grant, to be matched with $241,235 in local investment, is expected to generate $2 million in private investment. “President Trump…

HUD: $1 Million Awarded to Improve the Main Streets in Two Communities

Batesville, Arkansas and Thomas, Oklahoma to receive $500,000 grants to expand redevelopment efforts The U.S. Department of Housing and Urban Development (HUD) today is awarding $1 million to help build affordable housing in Arkansas and Oklahoma. The City of Batesville in Arkansas will receive a $500,000 grant to redevelop The Adler Building and the City…

EDA: Investment Made to Boost Fishing and Seafood Industries in Virginia Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to Virginia Tech Foundation, Inc, of Blacksburg, Virginia, to help build a research center in Hampton that will assist the fishing and seafood industries across the Commonwealth, and those located in the Eastern Shore…

EDA: $750,000 Invested to Support Growth of Maine’s Manufacturing Sector

 Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $750,000 grant to the University of Maine to purchase and install new, state-of-the-art equipment for the Advanced Manufacturing Center to help support the growth of manufacturing businesses in the region. This EDA grant will be matched with $750,000 in local investment. “Helping…

EDA: Investment Made to Support Replacement of the West Bridge Street Bridge in Blackfood, ID

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $587,200 grant to the city of Blackfoot, Idaho, to help protect local businesses from the impact of natural disasters by advancing the city’s West Bridge Street bridge replacement project. The EDA grant will be matched with $146,800 in state and local investment….

HUD: Choice Neighborhood Planning Grants Awarded

Communities in Alabama, Nebraska, Georgia and New Jersey awarded planning grants Expanding on its commitment to help local communities redevelop severely distressed HUD assisted housing and revitalize neighborhoods, the U.S. Department of Housing and Urban Development (HUD) today awarded more than $5 million to four communities. Funded through HUD’s Choice Neighborhoods program, these grants will…

EDA: $4.2 Million Invested to Help Fortify the West Calcasieu Port Facility in Sulphur, LA

 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 West Calcasieu Port in Sulphur, Louisiana, to make the facility and regional economy more resilient to natural disasters. The grant, to be matched with $1.1 million in local investment, is expected to help…

EDA: Investment Made to Support Manufacturing Growth in Greensburg, KY Opportunity Zone

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $640,000 grant to the city of Greensburg, Kentucky, to support the growth of manufacturing businesses by improving the Greensburg/Green County Industrial Park. The project, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be matched with $812,000 in local funds…