EDA: Over $54 Million in American Rescue Plan Funds Invested Last Week
The following grants were made under the American Rescue Plan Funds program: September 13, 2022 – U.S. Department of Commerce Invests $6.7 Million in American Rescue Plan Funds to Support Tourism Sector Through Development of New Visitor Infrastructure in Matanuska-Susitna Borough, Alaska September 13, 2022 – U.S. Department of Commerce Invests $5.8 Million in American Rescue Plan…
EDA: $3.1 Million Invested to Support Business Development and Job Growth in North Carolina
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $3.1 million in grants to support business development and job growth in North Carolina communities impacted by the declining use of coal. Gateway Research Park Inc., Greensboro, will receive a $2.1 million grant to expand a manufacturing facility…
EDA: $4 Million Invested to Boost Workforce Development Efforts in Panola County, MS
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $4 million grant to Panola County, Mississippi, to renovate a former outlet mall building for use as a workforce training center that will serve North Mississippi. This project will help establish the Concourse, a vocational and technical…
HUD: $1 Million Loan Guarantee for Allentown, PA Minority-Owned Distillery Announced
The U.S. Department of Housing and Urban Development (HUD) today announced a $1 million loan guarantee for a distillery and manufacturing facility in Allentown, PA’s East Side. The loan guarantee, offered through the Section 108 Loan Guarantee Program (Section 108), will be used to finance the construction of a major new distillery for consumable beverages…
EDA: Over $47 Million in American Rescue Plan Funds Invested Last Week
The following grants were made under the American Rescue Plan Funds program: September 6, 2022 – U.S. Department of Commerce Invests $4.7 Million in American Rescue Plan Funds to Support Small Businesses on Fort Apache Indian Reservation September 6, 2022 – U.S. Department of Commerce Invests $3.5 Million in American Rescue Plan Funds for Water Utility Improvements…
EDA: $3.2 Million Invested for Trail Upgrades to Boost Tourism and Create Jobs in Columbia, SC
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3.2 million grant to the Irmo Chapin Recreation Commission, Columbia, South Carolina, for completion of the Lower Saluda Greenway, a recreational trail. This project will provide for construction of two miles of trail and related infrastructure, boosting…
EDA: President Biden Announces 21 Winners of $1 Billion American Rescue Plan Regional Challenge
Funding Provides Regional Investments to Transform Local Economies, Create Good-Paying Jobs, Jumpstart Emerging Industries, and Prepare Workforce for the Future Today, President Biden will announce the 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by…
EDA: Over $28 Million in American Rescue Plan Funds and CARES Act Recovery Assistance Invested Last Week
Last week, the following grants were made under the American Rescue Plan Funds and CARES Act Recovery Assistance programs: August 23, 2022 – U.S. Department of Commerce Invests $4.9 Million in American Rescue Plan Funds to Support Business Development in South Amboy, New Jersey August 23, 2022 – U.S. Department of Commerce Invests $4.5 Million in CARES…
EDA: $13.5 Million Announced to Support U.S. Manufacturers
Today, U.S. Secretary of Commerce Gina Raimondo announced $13.5 million in U.S. Economic Development Administration (EDA) grants to support 11 Trade Adjustment Assistance Centers (TAACs) that help manufacturers affected by imports adjust to increasing global competition and to create jobs. The TAACs, which each service multiple states, are located in California, Colorado, Georgia, Illinois, Massachusetts,…
EDA: Over $54 Million in American Rescue Plan Funds Invested Last Week
Last week, the following grants were made under the American Rescue Plan Funds program: August 16, 2022 – U.S. Department of Commerce Invests $6.4 Million in American Rescue Plan Funds to Develop a New Business Facility in Duffield, Virginia August 16, 2022 – U.S. Department of Commerce Invests $4.5 Million in American Rescue Plan Funds for Wastewater…