EDA: Investment Made to Help Protect Businesses from Flooding in Lake City, SC
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing in critical water infrastructure upgrades needed to protect local businesses from future flood events in Lake City, South Carolina, an investment which will be matched with $449,632 in local funds. This investment will support a Tax Cuts and…
EDA: Investment Made to Help the Native Village of Napaimute Boost Commercial Activity in the Wood Products Sector
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced that it is investing to help the Native Village of Napaimute, Alaska, acquire vital equipment needed to spur economic growth in the wood products sector. “Supporting locally-devised strategies to boost economic opportunity is a major focus of the Trump Administration,” said U.S. Assistant Secretary…
EDA: Investment Made to Support Small Business Growth in Disaster-Impacted Northern California
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced that it is investing $800,000 to help establish a Revolving Loan Fund (RLF) in disaster-impacted Mendocino, California, which will be matched by $200,000 in local funds. The investment will attract $250,000 in private investment and create or save at least 20 jobs. “American communities…
HUD: Additional $15 Million Awarded to Fight Housing Discrimination
Grants to support and promote fair housing nationwide To help end housing discrimination, the U.S. Department of Housing and Urban Development (HUD) today awarded an additional $15 million to support dozens of fair housing organizations working to confront violations of the nation’s landmark Fair Housing Act (see grant chart below). HUD’s grants are provided through…
EDA: $2.2 Million Invested to Make Critical Infrastructure Upgrades 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 $2.2 million grant to the city of South Sioux City, Nebraska, to construct a 2.5 million-gallon water storage tank to be used by the expanding Roth Industrial Park. According to grantee estimates, the project is expected to…
EDA: $712,000 Invested to Make Critical Infrastructure Improvements Needed to Serve Business Community in Monticello, KY
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $712,000 grant to the city of Monticello, Kentucky, to construct sewer infrastructure needed to serve existing businesses and attract new businesses to the region. According to grantee estimates, the project is expected to retain 505 jobs and generate $9.5 million in private…
EDA: $2.4 Million Invested to Provide Critical Infrastructure Needed to Support Business Needs in Tallassee, AL
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the city of Tallassee, Alabama, to make critical infrastructure upgrades and improvements needed to support the competitiveness of local business community. According to grantee estimates, the project is expected to create 10 jobs,…
EDA: $500,000 Invested to Support Workforce Training Efforts in Mobile, AL
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to Alabama Aviation Education Center, Inc., of Mobile, Alabama, which is located in a Tax Cuts and Jobs Act designated Opportunity Zone, to support development of the new Flight Works Alabama Aviation Education Center. “President Trump is committed to helping…
EDA: $2.5 Million Invested to Support Life Sciences-Focused Business Growth in Riverside, CA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.5 million grant to the University of California-Riverside, which is located in a Tax Cuts and Jobs Act designated Opportunity Zone, to acquire equipment for use in a life sciences industry business incubator. “President Trump is working…
EDA: $800,000 Invested to Support Business Growth in Natural Disaster-Impacted Santa Rosa, CA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $800,000 grant to the Sonoma County Economic Development Board Foundation (SCEDBF) of Santa Rosa, California, to capitalize a Revolving Loan Fund (RLF) that will support business growth and resiliency in the wake of recent natural disasters. According to grantee estimates, the project…