Investment

EDA: $3.9 Million Invested in Support Entrepreneurship and Manufacturing

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $3.9 million in grants to support economic development efforts in communities in Missouri. Urban League of Metropolitan St. Louis, Inc., St. Louis, will receive a $2.7 million grant for construction of the Urban League Plaza and Innovation Center,…

EDA: $3.5 Million to Boost the Agriculture Industry and Workforce in LaSalle County, IL

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.5 million grant to Illinois Valley Community College (IVCC), Oglesby, Illinois, to construct a new agriculture education facility. This grant will allow IVCC to train and upskill agriculture workers, aid in the development of new technology, and develop…

EDA: $4.2 Million Invested to Boost Manufacturing Workforce Training Efforts in Northeast Ohio

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $4.2 million grant to the Lake County Community College District, Kirtland, Ohio, to renovate Lakeland Community College’s Industrial Skills Training Center for Advanced Manufacturing. This grant will help to diversify the local economy by expanding training opportunities for…

EDA: $5 Million Invested to Support Construction Trades Workforce Development in the Appalachian Region of Ohio

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $5 million grant to Belmont College, St. Clairsville, Ohio, for construction of a new building to house the construction trades program. This grant will support regional workforce development in the construction trades, preparing students for good-paying, in-demand jobs…

EDA: $5.3 Million Invested to Support Business Growth and Job Creation in West Virginia

Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $5.3 million in grants to support West Virginia communities economically impacted by the declining use of coal and the coronavirus pandemic. Warm Springs Public Service District, Berkeley Springs, will receive a $3.2 million grant for water and sewer…

HUD: $5 Million Awarded to Modify and Repair Low-Income Veterans’ Homes

Funding Expected to Support 330 Veterans with Low Incomes and Disabilities The U.S. Department of Housing and Urban Development (HUD), in partnership with the U.S. Department of Veterans Affairs, today awarded $5 million in $1 million allotments to five non-profits in support of the Veterans Housing Rehabilitation and Modification Pilot Program (VHRMP). The awardees of…

CDFI Fund: FY 2022 Small Dollar Loan Program Awards Announced

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded more than $11.4 million in grants to Community Development Financial Institutions (CDFIs) today through the fiscal year (FY) 2022 round of the Small Dollar Loan Program (SDL Program). The awards will help expand consumer access to financial institutions by providing alternatives…

CDFI Fund: Request for Public Comment Issued on FY 2023-2035 Bank Enterprise Award Program Application

The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, 44 U.S.C. 3506(c)(2)(A). Currently, the Community Development Financial…

CDFI Fund: FY 2022 CDFI Program and NACA Program Technical Assistance Awards Announced

Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced that 218 organizations received $27.57 million in Technical Assistance awards to build their capacity to provide services to low-income and underserved people and communities across America. The awards were made through the fiscal year (FY) 2022 funding round of the…

CDFI Fund: Request for Public Comment Issued on Uses of Award Report

The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed information collections, as required by the Paperwork Reduction Act of 1995, Pub. L. No. 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently, the Community…