U.S. DEPARTMENT OF COMMERCE INVESTS $500K TO DEVELOP PLAN TO GROW DISASTER RESILIENT ECONOMY IN NEW ORLEANS EAST OPPORTUNITY ZONES
The U.S. Department of Commerce’s Economic Development Administration (EDA) announced the awarding a $500,000 grant to help develop a resilience-based strategy for economic development for three Tax Cuts and Jobs ActOpportunity Zones located in East New Orleans. The strategy will be developed by Northeastern University and will serve as a footprint for leveraging private investment and encouraging economic diversification. Continue reading.