Topic: Oak Ridge

HUD awards more than $600 Million in Recovery Act grants to support community development and job growth

September 26, 2009 |

Tennessee to receive over $13.2 million; Clarksville $215,046

Washington – In the Obama Administration’s continued effort to stimulate community development and job growth, U.S. Housing and Urban Development Secretary Shaun Donovan today awarded $620 million to over 500 communities across the country through the American Recovery and Reinvestment Act of 2009 (Recovery Act). To view the list the full list of grantees receiving funding under this program, visit HUD’s Recovery Act website. Tennessee will receive over $13 million (see attached list).

The Recovery Act made available a total of $1 billion through the Community Development Block Grant (CDBG) Program. On July 16th, HUD announced the first round of grants under this program to nearly 700 communities, totaling $360 million. With today’s announcement, all $1 billion are now in the hands of communities, working to create jobs and revitalize neighborhoods.

“Today, I am proud to announce that HUD has moved quickly to obligate more than $10 billion in Recovery Act funds,” said Donovan. “Nearly three quarters of our Recovery Act funds are now available to communities across the country and are being put to work creating jobs, making homes more energy efficient, and strengthening neighborhoods.” «Read the rest of this article»

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Local citizens attend Oak Ridge Veterans Business Conference

August 11, 2008 |

East Tennessee conference focuses on service-disabled and veteran small business opportunities and assistance.

“Support the troops!” has some meat behind it in Oak Ridge. “We’re here for the veterans!” is the rally cry of East Tennessee’s veterans business outreach programs. That is the consensus of three Clarksville citizens who, along with over 250 others, attended the all-day Oak Ridge Veterans Business Conference. Dr. James H. Cossingham, President, Gold Eagle Corp. and his associate, Turner McCullough Jr.- contributing writer for this publication, attended the conference at the invitation of Herstle Cross, CEO, Cornerstone Equipment, Supplies & Consulting. Cornerstone is an SBA-8A Native American company at the Oak Ridge National Nuclear Security Agency.

Ms Felicia Johnson, newly named director of the Clarksville Small Business Development Center at Austin Peay State University also attended. She was seeking to establish contacts with her counterparts in East Tennessee and especially Oak Ridge, which could enhance opportunities for her future clients in Clarksville and Montgomery County. The conference was held at the Y-12 National Nuclear Security Agency Complex’s New Hope Center, 602 Scarboro Road, the new visitors and conference center at the Oak Ridge Y-12 Complex.

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