EDA: $6 Million Invested to Establish Wood Innovation Center in Darrington, WA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $6 million grant to the town of Darrington, Washington, to acquire land and provide infrastructure needed to establish the Darrington Wood Innovation Center. This EDA grant, to be matched with $1.7 million in state investment, is expected to create 156 jobs and…
EDA: U.S. Department of Commerce Launches $38 Million Build to Scale Program to Fuel Innovation and Tech-Based Economic Development
Today, the U.S. Department of Commerce announced the opening of the Economic Development Administration’s (EDA) FY21 Build to Scale (B2S) program, which is designed to invest in regional economies through scalable startups. The Build to Scale program’s national competitions will deploy $38 million to further technology-based economic development initiatives that accelerate high-quality job growth, create more…
EDA: $13.2 Million Invested to Boost Northern Marianas College’s Capacity to Support Business and Job Growth
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $13.2 million grant to Northern Marianas College (NMC), Saipan, Commonwealth of the Northern Mariana Islands, to increase the college’s capacity to support regional economic development. This EDA grant is expected to help create 272 jobs and generate $13.5 million in private investment….
EDA: $865,000 Invested to Support Tech-based Manufacturing and Job Growth Efforts at the Reese Technology Center in Lubbock, TX
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $865,000 grant to Lubbock Reese Redevelopment Authority (LRRA), Lubbock, Texas, to make critical security and airport runway enhancements to facilitate job creation at the Reese Technology Center. The EDA grant, to be matched with $865,000 in local investment, is expected to generate…
EDA: $1.75 Million Invested to Expand Raleigh County Business Park in Beaver, WV
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $1.75 million grant to Raleigh County Memorial Airport, Beaver, West Virginia, to provide critical infrastructure needed to expand the Raleigh County Business Park. This EDA grant, to be matched with $4.85 million in state and local funds, is expected to create 624…
HUD: $78 Million Awarded to Help Families Reach Self-Sufficiency
Federal funding to support education and employment among HUD-assisted families Today, U.S. Housing and Urban Development (HUD) Secretary Ben Carson awarded approximately $78 million to hundreds of public housing authorities across the country to help residents of public housing and voucher-assisted housing increase their earned income and reduce their dependency on public assistance and rental…
SBA: Military Spouse Employment Partnership with the Defense Department Announced
On Dec. 9, 2020, the U.S. Small Business Administration will join the Department of Defense’s Military Spouse Employment Partnership (MSEP) for a virtual ceremony. The SBA is one of 85 new partners joining MSEP, bringing the total number of employers to 500. MSEP connects military spouses with hundreds of partner employers who commit to recruit, hire, promote and retain…
HUD: Historic North Carolina Hospital Earns 2020 HUD Secretary’s Award
The U.S. Department of Housing and Urban Development (HUD) and the Advisory Council on Historic Preservation (ACHP) announced last week the Historic Ashe Hospital in Jefferson, North Carolina, was the recipient of the 2020 ACHP/HUD Secretary’s Award for Excellence in Historic Preservation. This annual award recognizes developers, organizations, and agencies for successfully advancing historic preservation, while…
EDA: $2.6 Million Invested to Construct New Manufacturing Facility in Jackson County, FL
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.6 million grant to Jackson County, Florida, to construct a building at the Jackson County Industrial Park to support manufacturing growth and boost county economic diversification and resiliency efforts. The EDA grant, to be matched with $2…
HUD: Section 3 Rule Revision Finalized to Advance Economic Opportunity
New rule will advance economic opportunity through streamlined processes and a more targeted approach The U.S. Department of Housing and Urban Development (HUD) announced today the release of the final rule implementing the “Section 3” statute. Section 3 requires that recipients of certain HUD funds make economic opportunities available for low- and very low-income individuals, especially recipients…