Tag: Economic Development

Daines, Warner, Colleagues Introduce Bill to Increase Economic Prosperity, Strengthen CDFI Fund

WASHINGTON, D.C. – U.S. Senators Steve Daines (R-Mont.) and Mark Warner (D-Va.) today introduced the bipartisan “Access to Fair Financing for Opportunity and Resilient Development (AFFORD) Act.” The AFFORD Act will provide added transparency over CDFI Fund operations and strengthen its role in improving capital access and economic development in rural, tribal, and other underserved communities in Montana, Virginia, and across the country. Additionally, the bill would extend and enhance the CDFI Bond Guarantee Program to enable participation by smaller CDFIs, reauthorizes the CDFI liquidity enhancement program to increase CDFI lending capacity and reach more communities, and bolsters the role of Native CDFIs by expanding a

Daines Strengthens Montana’s Transportation Network

U.S. SENATE —Senator Steve Daines today worked to strengthen Montana’s transportation network. “Our transportation network from our roadways to our skies to our railways will be a safer form of travel for all Montanans,” Daines stated. “This legislation puts Montanans first and addresses concerns from all corners of our state to increase tourism and encourage economic development projects that create more good-paying jobs.”   Daines successfully included important provisions to improve Montana air, rail and surface transportation in the FY2017 Transportation, Housing and Urban Development, and Related Agencies (THUD) Appropriations Act to fund the U.S. Department of Transportation (DOT), U.S. Department of Housing and

Daines Announces Over $500,000 Grant for Miles City Vocational Training Program

U.S. SENATE – Senator Steve Daines today announced that Miles Community College (MCC) was awarded an economic development grant for more than $529,000 to stimulate jobs and economic growth in Montana.  The Economic Development Administration grant will go towards required renovations, environmental mitigation and Community Development Block Grant – Economic Development (CDBG-ED) matching funds, on a workforce training facility that will allow MCC to expand its vocational training curriculum to include the Commercial Driving License and Heavy Equipment Operators (CDL/HEO) program. “I commend the efforts of Miles Community College to address the growing local and regional need for skilled heavy equipment