Investment

EDA: $592,357 Invested to Support International Trade Efforts in Arkansas

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $592,357 grant to the University of Arkansas’ World Trade Center Arkansas in Fayetteville, to promote the expansion of exports as well as job growth and retention in 57 Arkansas counties affected by natural disasters. According to grantee estimates, the project is expected…

HUD: $18 Million Awarded to Clean Up Dangerous Lead in Public Housing

Funding to protect children in 20 Public Housing Authorities WASHINGTON – In an effort to identify and eliminate lead-based paint hazards in public housing, the U.S. Department of Housing and Urban Development (HUD) today announced it is awarding $18 million to 20 public housing agencies across the country. These funds are offered through HUD’s Lead-Based…

HUD: Choice Neighborhood Planning Grants Awarded

Communities in Alabama, Arizona, Illinois, Maryland, New Jersey and Wisconsin awarded Planning Grants WASHINGTON – 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 nearly $5 million to six communities. Funded through HUD’s Choice Neighborhoods program,…

EDA: $32 Million Invested to Help Florida Businesses and Communities Rebuild in Wake of Hurricane Irma

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $32 million grant to the Florida Department of Economic Opportunity to fund the state’s Revolving Loan Fund (RLF) program, which, in turn will help businesses rebuild following the destruction caused Hurricane Irma. “The Trump Administration has always…

EDA: $2 Million Invested to Build Workforce Training Facility in Sylva, NC

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Jackson County, North Carolina, to help build a new workforce training facility. According to grantee estimates, the project is expected to create 236 jobs, retain 127 jobs, and generate $1.25 million in private…

EDA: $1.5 Million Invested to Create and Retain More than 1,500 Jobs and Spur $57 Million in Private Investment in Baldwyn, MS

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Baldwyn, Mississippi, to support the local business community by upgrading the critical natural gas transmission system of the city. According to grantee estimates, the project is expected to create 425…

FDIC: CRA Examination Schedules for Fourth Quarter 2018 and First Quarter 2019 Issued

The Federal Deposit Insurance Corporation (FDIC) today issued the lists of institutions scheduled for a Community Reinvestment Act (CRA) examination during the fourth quarter of 2018 and first quarter of 2019. CRA regulations require each federal bank and thrift regulator to publish its quarterly CRA examination schedule at least 30 days before the beginning of…

HUD: $23 Million Awarded to Renew Support to 22 Local HIV-AIDS Housing Programs

Funding offers stable housing for individuals and families at risk of homelessness WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced $23 million to assist more than 1,700 low-income persons living with HIV/AIDS and their families annually over a three-year period. The funding announced today is offered through HUD’s Housing Opportunities for…

EDA: $3 Million Invested to Build Unmanned Aerial Systems Training and Innovation Facility in New Jersey

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 County of Cape May to help build a 20,000 square foot multi-tenant building that will fulfill the needs of companies in the Unmanned Aerial Systems (UAS) industry. The facility will be located…