Grant

April 15 - 19, 2013

  • $4,090,624 in FY 2012 Disaster Relief Opportunity funds to the City of Corinth , Mississippi, to construct storm water control systems to minimize the impact of flooding on businesses and the Corinth community. The City has been repeatedly devastated by flooding and storms in recent years, causing millions of dollars in damages and losses to businesses and jobs. This project will help the City capitalize on its competitive strengths, assist in the region’s long-term recovery efforts, and promote disaster resiliency. This investment is part of a $5,113,280 project that the grantee estimates will create 40 jobs and save 107 jobs.
  • $1,834,863 in FY 2012 Disaster Relief Opportunity funds to the River Edge Development Authority, Jefferson, Indiana, to construct road, rail, water, and other infrastructure to support the region’s transportation, distribution, and manufacturing clusters to spur job creation in the River Ridge Commerce Center Business Park. The region has suffered through five declared disasters since 2008 – disasters that caused many millions of dollars in damages. This investment will help the Clark County region capitalize on its competitive strengths, assist in its long-term recovery efforts, and promote disaster resiliency. This investment is part of a $3,669,726 project that the grantee estimates will create 1,202 jobs and leverage $147 million in private investment.
  • $1,600,309 in FY 2012 Disaster Relief Opportunity funds to Holmes Community College and Attala County, Goodman, Mississippi, to construct improvements to renovate a structure to house the Attala Educational Center. The region has suffered severe flooding and tornado damage, with three federally-declared disasters in 2011. The Attala Educational Center will house education, training, and business incubation. This investment will help Holmes County capitalize on its competitive strengths, assist in the region’s long-term recovery efforts, and promote disaster resiliency. This investment is part of a $3.2 million project that the grantees estimate will create 183 jobs and leverage $750,000 in private investment.