Investment

HUD: $6.7 Million in Research Grants Awarded to Reduce Lead and Other Housing-Related Health Hazards

Funding to improve methods to identify and control key residential hazards WASHINGTON – To help protect children and seniors from exposure to lead and other home health hazards, the U.S. Department of Housing and Urban Development (HUD) today awarded $6.7 million to seven universities and public health organizations to improve methods for identifying and controlling…

CDFI Fund: Updated CDFI Program Investment Areas and Target Markets Based on 2011-2015 ACS Census Data

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has released updated Investment Areas for the Community Development Financial Institutions Program (CDFI Program). Investment Areas have been revised using the U.S. Census Bureau’s 2011-2015 American Community Survey (ACS) to provide more current socioeconomic and demographic data that reflect changes since the…

EDA: $14.5 Million Invested to Support Disaster Recovery Efforts in Texas

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $14.5 million in grants to communities throughout Texas to help support local recovery efforts following Hurricane Harvey. According to grantee estimates, the project is expected to create and retain over 480 jobs, while generating $512 million in private…

EDA: $4.3 Million Invested in Ohio to Boost Business Development and Job Growth

oday, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $4.3 million in grants to the State of Ohio to help support local innovation and other economic growth efforts. “The Trump Administration is committed to spurring innovation efforts among students at colleges around the country,” said Secretary of…

EDA: $1.15 Million Invested to Support Business Growth in Silverton, OR

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.15 million grant to the City of Silverton to make critical water infrastructure improvements needed to support the community’s expansion plans. According to grantee estimates, the project is expected to create 150 jobs and spur $2 million…

EDA: $2.5 Million Invested to Strengthen Innovation and Economic Growth Initiatives

U.S. Secretary of Commerce Wilbur Ross today announced the grantees under the U.S. Economic Development Administration’s (EDA) 2018 University Center Economic Development Program Competition. EDA is providing a total of $2.5 million in grants to 20 colleges and universities in 13 states to run programs that will leverage their assets to promote American innovation and…

EDA: $5.3 Million Invested to Help Establish New Manufacturing and Data Processing Industrial Park in Millinocket, ME

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $5.3 million grant to Our Katahdin of Millinocket to make the infrastructure improvements needed to establish an industrial park that will support wood-product manufacturing and high-tech data processing businesses. According to grantee estimates, the project is expected…

EDA: $3.6 Million Invested to Protect Businesses from Flooding in La Crosse, WI

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.6 million grant to the City of La Crosse to update critical water infrastructure and support business growth in the region. According to grantee estimates, the project is expected to create or retain 70 jobs, while generating…

EDA: $3.5 Million Invested to Establish a Business Disaster Response Center in Caguas, Puerto Rico

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.5 million grant to Iniciativa Tecnológica Centro Oriental, Inc. (INTECO) of Caguas to construct the Business Disaster Response Center. According to grantee estimates, the project is expected to create 324 jobs, retain 360 jobs, and spur $660,000…

EDA: $3 Million Invested to Help Establish a Workforce Training Facility in El Centro, 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 San Diego Electrical Training Trust to help build a workforce training facility in El Centro. According to grantee estimates, the project is expected to create 332 jobs. “President Trump has been diligent in…