Investment

EDA: $1.4 Million Invested for Water Infrastructure Improvements to Support Economic Growth in Hohenwald, TN

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.4 million grant to the city of Hohenwald, Tennessee, to make water infrastructure improvements needed to support economic growth in the region.  This grant will support the rehabilitation of an existing off-line water well site to provide dependable,…

EDA: $1 Million Invested for Wastewater Infrastructure Improvements to Strengthen the Manufacturing Industry and Promote Disaster Resiliency in Sauget, IL

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the village of Sauget, Illinois, for wastewater infrastructure improvements to strengthen the manufacturing industry and promote disaster resiliency in the region.  This grant will help revitalize the Monsanto Avenue Industrial Corridor following a series…

EDA: $1 Million Invested to Support Skilled Trade Workforce Training Efforts in Independence, KS

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to Independence Community College in Independence, Kansas, to support skilled trade workforce development in the region. This grant will construct a new welding training facility at the college to provide training and certifications for welders….

EDA: $1 Million Invested to Support Building Trades Workforce Development in Dexter, MO

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to Three Rivers College in Poplar Bluff, Missouri, to support building trades workforce development in the region. This grant will provide equipment for the new Bootheel Technical Training Center to support hands-on workforce training in…

EDA: $1 Million Invested to Expand Nursing Workforce Training in Abilene, TX

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to Hardin-Simmons University in Abilene, Texas, to boost nursing workforce development opportunities in the region. This grant will fund equipment for the Nursing Simulation Education Workforce Center to meet the critical demand for nurses in…

EDA: $681,130 Invested for Infrastructure Improvements to Support Manufacturing Business Growth in Story City, IA

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $681,130 grant to the city of Story City in Iowa, for infrastructure improvements to support the regional manufacturing sector. This grant will provide water and sewer upgrades at the I-35 Business Park, supporting business expansion and job creation. This EDA investment will…

EDA: $675,000 Invested to Support Agricultural Production Industry in Baldwin, ND

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $675,000 grant to Enhancing and Strengthening North Dakota Nonprofits and Communities in Minot, North Dakota, to boost agricultural production in the region. This grant will help construct a regional processing facility for local foods, providing classrooms, kitchen facilities, warehouse space and more….

EDA: $568,740 Invested to Support Economic Development District Leadership Development Across Eight States

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $568,740 grant to the National Association of Development Organizations (NADO) Research Foundation in Washington, D.C., to bolster leadership development in Economic Development Districts (EDD) across eight states. This grant will support a regional training program for emerging leaders in Alabama, Florida, Georgia,…

CDFI Fund: Public Comments Sought on Capital Magnet Fund Application

Comments due November 25, 2024 The U.S. Department of the Treasury, as part of a 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 (PRA), 44 U.S.C….

FEMA: $715 Million Announced to Help Communities Across the Nation Build Resilience to Flood Disasters

Extreme weather events are becoming more frequent and more severe due to climate change leading to increased response and recovery missions across the nation. Today, FEMA Administrator Deanne Criswell said during Climate Week NYC that the agency will announce approximately $715 million in new project selections to eliminate or reduce flood damage supported by historic funding…