Investment

HUD: $43 Million Offered to Support Housing Counseling

June is National Homeownership Month, a time to recognize the importance of homeownership to the U.S. economy and the benefits owning a home have on building household wealth for families. To support stable and sustainable homeownership, the U.S. Department of Housing and Urban Development (HUD) today announced it is making $43 million in grants available…

EDA: Investment Made to Support Small Business Growth and Resiliency in Redding, CA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced an $880,000 grant to Superior California Economic Development of Redding, California, to capitalize a Revolving Loan Fund (RLF) and to provide technical assistance to potential borrowers in disaster-impacted counties of Shasta, Trinity, Modoc, and Siskiyou. This EDA grant will be matched with $220,000 in…

EDA: Investment Made to Improve Aviation Museum, Boost Tourism in Monroe, LA

 Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $450,000 grant to Friends of Chennault Aviation & Military Museum, Monroe, Louisiana, to boost tourism in the region by helping to construct an outdoor pavilion, park display and activity area that will aid the display of military aircraft. The grant will be…

EDA: Investment Made to Expand Critical Santa Fe College Business Incubator in Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.8 million grant to Santa Fe College, Gainesville, Florida, to help re-build and expand the Santa Fe College Center for Innovation and Economic Development (CIED) at the Blount Center. The project, to be located in a Tax…

EDA: Investment Made to Reconstruct Bridges and Ensure the Flow of Commerce in Independence County, AR

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $2.5 million in Independence County, Arkansas, to help ensure the continued flow of commerce throughout the region and especially during flood events, an investment to be matched with $625,000 in local funds. “Helping our communities advance their disaster…

CDFI Fund: $3.5 Billion Announced in New Market Tax Credits

Awards will Spur Economic and Community Development Nationwide  Washington – The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced $3.5 billion in New Markets Tax Credits today that will spur investment and economic growth in low-income urban and rural communities nationwide.  A total of 73 Community Development Entities (CDEs) were…

EDA: Investment Made to Provide High-Speed Research Computing for Business Growth in South Dakota Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.46 million grant to Dakota State University in Madison, South Dakota, to help establish a high speed research network. The investment, located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be matched with $1.46…

EDA: Investment Made to Improve Critical Municipal Infrastructure in Oshkosh, WI

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $1.5 million to improve access to the multimodal trans-load terminal in Oshkosh, Wisconsin’s city-owned Southwest Industrial Park. The investment will be matched with $1.5 million in local funds and is expected to attract $5.2 million in private investment….

HUD: Additional $1.9 Million Awarded to Promote Employment and Self-Sufficient for Public Housing Residents

The U.S. Department of Housing and Urban Development (HUD) today awarded an additional $1.9 million to six public housing authorities and non-profit organizations across the nation to hire or retain service coordinators to help residents find jobs and educational opportunities. See list of grant funding by state below. Last winter, HUD awarded $29 million to public…

HUD: $5 Million Offered for Carbon Monoxide Detectors in Public Housing

Funding Comes from Emergency Safety and Security Funding WASHINGTON – U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced $5 million will be made available for the purchase and installation of carbon monoxide (CO) detectors in public housing units where they are necessary. Provided through HUD’s Emergency Safety and Security Program, these funds represent…