DURHAM, NC (November 19, 2024) — Today, Congresswoman Valerie Foushee (NC-04) announced that the U.S. Department of Commerce and the Semiconductor Research Corporation Manufacturing Consortium Corporation (SRC) are entering negotiations for the Department to provide SRC $285 million through the CHIPS and Science Act to establish and operate a first-of-its-kind CHIPS Manufacturing USA institute headquartered in Durham, North Carolina. The new institute, known as SMART USA (Semiconductor Manufactu… Continue Reading
DURHAM, NC (October 29, 2024) — Today, Congresswomen Valerie Foushee (NC-04) and Deborah Ross (NC-02) sent a letter urging the Federal Housing Finance Agency (FHFA) and Consumer Financial Protection Bureau (CFPB) to examine the impact of institutional investment on the housing sector, and whether investors are taking advantage of federal affordable housing programs at the expense of homeowners and renters. The surge of institutional investments has led to rising housing prices and increased rent… Continue Reading
DURHAM, NC (October 24, 2024) — Today, Congresswomen Valerie Foushee (NC-04) and Deborah Ross (NC-02) announced $12 million in federal funding awarded to the Raleigh-Durham Airport Authority (RDU) from the Federal Aviation Administration (FAA) under the FY 2025 Airport Terminal Program. This award will fund a portion of the Terminal 2 ticketing check-in, baggage claim areas, security checkpoint, and international arrival processing area. This funding will also significantly enhance accessibility… Continue Reading