EDA: $4.7 Million Invested to Provide Critical Infrastructure Upgrades to Serve Alaska Opportunity Zones
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $4.7 million in the state of Alaska to help build and repair critical infrastructure needed to support business. The EDA grants, to be located in or to serve Tax Cuts and Jobs Act designated Opportunity Zone, will be matched with $4.4…
EDA: $2 Million Invested to Boost Manufacturing and Entrepreneurial Development in Clearfield, PA Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Clearfield County Economic Development Corporation to help construct a new facility that can accommodate manufacturing and entrepreneurial tenants. The EDA grant, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will…
EDA: $988,400 Grant Awarded to Support Workforce Training Efforts in Gallup, NM Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $988,400 grant to the Northwest New Mexico Council of Governments (NWNMCOG) of Gallup, New Mexico, to support a series of workforce development initiatives to make the region more resilient to economic downturns. The EDA grant, to be located in a Tax Cuts and…
EDA: $914,981 Grant Awarded to Boost Business Growth in Newtown, CT Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $914,981 grant to the town of Newtown, Connecticut, to install a reliable sanitary sewer system that will encourage economic development, job creation and retention, and private investment on the Fairfield Hills Campus in the Naugatuck Valley Corridor Region. The project, to be…
EDA: $900k Grant Awarded to Support Advanced Manufacturing Businesses in Brownsville, TX Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $900,000 grant to the Brownsville Community Improvement Corporation of Brownsville, Texas, to establish a state-of-the-art center that will help nurture the growth of technology-based entrepreneurial ventures. The project, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be matched with…
EDA: $695,965 Grant Made to Support Commercial Fishing Fleet and Nuclear Power Station in Seabrook, NH
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $695,965 grant to the Town of Seabrook, New Hampshire, to make critical infrastructure improvements needed to support the local fishing fleet and the NextEra nuclear power station. The grant, to be located near a Tax Cuts and Jobs Act designated Opportunity Zone, will be matched…
EDA: $500k Grant Made to Develop Comprehensive Smart Growth Strategy for Philadelphia Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to the Enterprise Center Community Development Corporation of Philadelphia, Pennsylvania, to develop a comprehensive smart growth strategy needed to help attract new private investment to a traditionally underserved transit corridor. The project, to serve several Tax Cuts and Jobs Actdesignated Opportunity Zone,…
HUD: $1 Million Awarded to Improve the Main Streets in Two Communities
Batesville, Arkansas and Thomas, Oklahoma to receive $500,000 grants to expand redevelopment efforts The U.S. Department of Housing and Urban Development (HUD) today is awarding $1 million to help build affordable housing in Arkansas and Oklahoma. The City of Batesville in Arkansas will receive a $500,000 grant to redevelop The Adler Building and the City…
EDA: Investment Made to Support Manufacturing Growth in Greensburg, KY Opportunity Zone
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $640,000 grant to the city of Greensburg, Kentucky, to support the growth of manufacturing businesses by improving the Greensburg/Green County Industrial Park. The project, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be matched with $812,000 in local funds…
EDA: $1.6 Million Invested to Support Business Development in Swainsboro, GA Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the Emanuel County Development Authority of Swainsboro, Georgia, to make critical water and sewer system improvements needed to support business growth. The project, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone,…