EDA: $3 Million Invested to Establish a New Manufacturing Industrial Park in Woodland, WA
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 Port of Woodland, Woodland, Washington, to support the full infrastructure buildout of the Rose Way Industrial Park to serve light-manufacturing industries in the region. The EDA grant, to be matched with $1.5…
EDA: $4.4 Million Invested in Tennessee to Support Local Stratgies or Job Growth in Opportunity Zones
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $4.4 million in the state of Tennessee to build critical infrastructure needed to support business growth. The EDA grants, to be matched with more than $2 million in other federal or local funds, are expected to help create…
FDIC: Final Rule Issued Revising and Codifying Section 19 to Allow Greater Employment Opportunities for Individuals with Certain Minor Criminal Offenses
The Federal Deposit Insurance Corporation (FDIC) approved a final rule to revise and incorporate into the FDIC’s regulations a longstanding Statement of Policy (SOP) related to individuals with certain criminal offenses on their records who seek employment in the banking industry. Section 19 of the Federal Deposit Insurance Act (Section 19) prohibits any person from…
EDA: $3.3 Million Invested to Expand Aviation Workforce Training Center at Southern Illinois Airport
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $3.3 million grant to the Southern Illinois Airport Authority, Carbondale, Illinois, to construct an additional hangar at Southern Illinois Airport to house aerospace-focused workforce training programs. The EDA grant, to be matched with $829,879 in local investment,…
EDA: $2 Million Invested to Enhance Health Sciences Sector in Kinston, 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 Lenoir Community College in Kinston, North Carolina, to support the renovation of the college’s Lloyd Health Science Building. The EDA grant, to be matched with more than $5 million in state funding and…
EDA: $850,000 Invested to Establish Maritime Training Facility in New Orleans Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $850,000 grant to Delgado Community College of New Orleans, Louisiana, to support the growth of Louisiana’s water transportation industry by building the new Delgado Maritime and Industrial Training Facility. The EDA grant project, to be located in a Tax Cuts and Jobs Act …
EDA: $513,274 Invested to Support Manufacturing in Atkinson, IL
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $513,274 grant to the Village of Atkinson, Illinois, to make critical sewer infrastructure improvements needed to support the growth of manufacturing businesses in the region. This EDA grant, to be matched with $513,274 in local investment, is expected to create or retain…
HUD: $20 Million Awarded to Help Public Housing Residents Secure Higher Paying Jobs
Housing Authorities in nine communities will receive funding under Jobs Plus U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today visited Carmelitos Public Housing Development and announced a $20 million investment to nine public housing agencies (PHA) to help public housing families increase their earned income and become self-sufficient. See chart below…
EDA: $1.2 Million Invested in Construction of New Pier in Port of Newport, OR
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the Port of Newport, Oregon, to support the construction of a new pier, serving the largest commercial fishing fleet in the state. The EDA grant, to be matched with $1.2 million in local…
EDA: $1.2 Million Invested to Aid Redevelopment of Historic Rail Yards in Albuquerque, NM
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the city of Albuquerque, New Mexico, to provide infrastructure improvements needed to aid the redevelopment of the city’s historic Rail Yards. The EDA grant, to be located near two Tax Cuts and Jobs Act designated Opportunity…