EDA: $2.2 Million Invested for Building Renovations to Support Workforce Development in Muhlenberg County, KY
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.2 million grant to the Muhlenberg County Fiscal Court in Greenville, Kentucky, for building renovations at the Muhlenberg County Opportunity Center. This award will support workforce development by establishing a new workforce development facility that will prepare individuals…
EDA: $2.1 Million Invested to Support Workforce Development and Job Creation in Storm-Impacted Communities in North Carolina
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding $2.1 million in grants to support workforce development and job creation in North Carolina communities impacted by Tropical Storm Fred in 2021. The EDA investments announced today are: “President Biden is committed to providing communities in North Carolina and…
EDA: $2 Million Invested for Infrastructure Improvements to Support Business Expansion in Danville, KY
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the city of Danville, Kentucky, for water and sewer infrastructure upgrades in an industrial commercial corridor. This grant will support expansion of the local industrial sector and a major aerospace manufacturing facility. This EDA…
EDA: $2 Million Invested to Increase Capacity at Port of Hood River, OR
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Port of Hood River, Oregon, for utilities and transportation infrastructure improvements. This grant will increase the port’s capacity and boost its ability to serve regional businesses. This EDA investment, to be matched with…
EDA: $1.5 Million Invested for Water Infrastructure Upgrades to Support Business Expansion in Pineville, WV
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the town of Pineville, West Virginia, for sewer system upgrades and construction of a new water treatment plant. This project will support current business operations and provide for continued industrial growth in a region…
EDA: $1.3 Million Invested to Support Redevelopment of Jackson Avenue in Historic Westside Las Vegas, NV
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to the city of Las Vegas, Nevada, to support planning for the future redevelopment of Jackson Avenue as part of ongoing efforts to catalyze community-led investment in the city’s historic Westside. This grant will assist…
EDA: $1 Million Invested to Support Aviation Workforce Development in Durant, OK
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to Southeastern Oklahoma State University in Durant, Oklahoma, to create an Aerospace Technology Center at the Durant Regional Airport. This grant will create a training center to boost the region’s aerospace workforce by enhancing existing…
HUD: $25 Million Loan Guarantee Announced for Birmingham, AL Loan for Black, Indigenous, People of Color Fund
Today, the U.S. Department of Housing and Urban Development (HUD) awarded the City of Birmingham, Alabama a $25.2 million loan fund under its loan guarantee program for the Community Development Block Grant Program, Section 108. The City of Birmingham plans to use these funds to establish a $25 million citywide Loan Pool to provide financing…
HUD: $16 Million Awarded to Aid Homeless Veterans in Securing Permanent Housing
Today, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) awarded $16.1 million in HUD-Veterans Affairs Supportive Housing (HUD-VASH) vouchers to 71 Public Housing Agencies (PHAs) across the country. This award will help homeless Veterans and their families find and sustain permanent housing. Please see the list…
CDFI Fund: $5 Billion in New Markets Tax Credit Awards Announced
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced $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 102 Community Development Entities (CDEs) were awarded tax credit allocations, made through the calendar year (CY)…