Grant

April 20 - 24, 2020

  • EDA announced 25 investments from April 20-24, 2020, totaling $16,028,404, which is matched by $8,460,186 in local investments. These investments include the following: (1) $10,711,990 in eight Economic Adjustment Assistance projects to help communities design and implement strategies to adjust or bring about change to their economy in response to structural damage to their underlying economic base, which includes four investments totaling $8,205,606 that will help create 158 jobs, save 1,710 jobs, and leverage $7,710,000 in private investments; (2) $3,503,593 in two Public Works projects to help communities revitalize, expand, and upgrade their physical infrastructure that will help create 178 jobs and leverage $1,685,185 in private investment; (3) $27,100 in one Local Technical Assistance project to strengthen the capacity of local or state organizations and institutions to undertake and promote effective economic development programs; and (4) $1,785,721 in 14 Partnership Planning projects to support the development and implementation of the Comprehensive Economic Development Strategy process.
    • $10,711,990 in eight Economic Adjustment Assistance projects, matched by $2,924,154 in local investments, as follows:
      • $3,000,000 in 2019 Disaster Supplemental funds, matched by $750,000 in local investment, to Tulsa County, Tulsa/Tulsa County, Oklahoma, to support Tulsa County and Tulsa County Drainage District 12 with replacing equipment to provide critical infrastructure to two important pump stations behind the Arkansas River Levee in Tulsa County, a designated Opportunity Zone. The project will help mitigate damages from the 2019 flooding and provide the necessary infrastructure to save impacted business from leaving the region. Once completed, the project will provide long-term economic growth, support business development, create jobs, and build resiliency against future disasters. The grantee estimates that this investment will help save 1,559 jobs.
      • $2,500,000 in 2019 Disaster Supplemental funds, matched by $625,000 in local investment, to the City of Hidalgo, Hidalgo/Hidalgo County, Texas, to support the city of Hidalgo with post-disaster rebuilding efforts resulting from the 2018 floods that severely impacted Produce Road and the Produce Park Industrial area in Hidalgo County. The project will provide critical roadway infrastructure improvements to Produce Road and create a reliable access to goods and services manufactured by businesses located within the Produce Park Industrial area. Once completed, the project will help bolster business development, attract private investment, create jobs, and strengthen the regional economy. The grantee estimates that this investment will help create 53 jobs, save 136 jobs, and leverage $7,500,000 in private investment.
      • $1,400,000, matched by $600,000 in local investment, to Yeshiva University, New York/New York County, New York, to support the Yeshiva University Innovation Lab with providing critical infrastructure and technical assistance to Israeli high-tech firms seeking to locate their businesses within Opportunity Zones in New York City. The project will help expose start-up companies to the NYC ecosystem and provide logistic support, human resources support, marketing assistance, contracts with local vendors, and access to investors. Once completed, the project will attract foreign direct investments, support entrepreneurialism, create jobs, and strengthen the regional economy. The grantee estimates that this investment will help create 100 jobs and leverage $210,000 in private investment.
      • $1,305,606 in 2018 Disaster Supplemental funds, matched by $326,401 in local investment, to the Town of Odessa, Odessa/Lincoln County, Washington, to fund the rehabilitation of a critical water system infrastructure to assist with recovery efforts from the 2017 storms that adversely impacted the region and will meet the water supply needs of the community in Odessa. The project will replace susceptible pavement sections with a more robust pavement to allow a freely draining system, which can create reliable access to farm supplies, medical facilities, and businesses within a designated Opportunity Zone. Once completed, the project will help the region become resilient against future disasters, create jobs, attract private investment, and strengthen the regional economy. The grantee estimates that this investment will help create 5 jobs and save 15 jobs.
      • $1,116,596 in 2019 Disaster Supplemental funds, matched by $279,149 in local investment, to the M&P Missouri River Levee District and the Pony Creek Drainage District #2, Glenwood/Mills County, Iowa, to support the M&P Missouri River Levee District with conducting a levee certification study to assist in long-term disaster recovery efforts in Mills and Pottawattamie counties in Iowa. The project will collect data, establish methodologies, analyze base flood elevations, conduct a site inspection, survey a levee top, and coordinate certification requirements to achieve levee accreditation. Once completed, the project will help retain businesses, enhance development opportunities, protect 32 miles of county, state, and interstate roadways, and increase economic resiliency to future flooding disasters.
      • $700,000 in 2019 Disaster Supplemental funds, matched by $307,604 in local investment, to the Cheyenne and Arapaho Tribes, Concho/Canadian County, Oklahoma, to support the Cheyenne and Arapaho Tribes with updating the Tribes’ comprehensive economic development strategy plan and developing a long-term master recovery plan to implement across multiple locations throughout the Tribes 10 county service areas in Oklahoma. The project will help the region recover from the 2018 natural disasters and serve as a guide for implementing future projects that effectively address the creation and retention of high-quality jobs, support economic growth, infrastructure improvements, attract private investment, and advance economic resiliency against future disasters.
      • $539,788 in 2019 Disaster Supplemental funds, with no local match, to the County of Butte, Oroville/Butte County, California, to support the County of Butte with hiring a deputy administrative officer to spearhead comprehensive long-term recovery efforts in an area devastated by the 2018 Camp Fire and the 2019 severe storms in Butte County. The officer will plan, organize, and direct the county’s economic and community development, the county’s communication and outreach program, and will serve as a liaison between local, state, and federal partners. Once completed, the project will spur commercial and workforce activity, promote resiliency, and strengthen economic growth throughout the region.
      • $150,000 in 2019 Disaster Supplement funds, matched by $36,000 in local investment, to the Southeast Nebraska Development District, Lincoln/Lancaster County, Nebraska, to support the Southeast Nebraska Development District with hiring a disaster recovery coordinator to assist with recovery efforts from the 2019 spring flooding that impacted Otoe, Nemaha, Richardson, Pawnee, Johnson, Gage, Saunders, Jefferson, Saline, Seward, Polk, York, Filmore, and Thayer counties in Nebraska. The disaster recovery coordinator will establish regional partnerships, provide direct assistance to small businesses and entrepreneurs, and review, update, and implement disaster recovery plans. Once completed, the project will help strengthen and diversify the regional economy, which will increase resilience in the face of future disasters.
    • $3,503,593 in two Public Works projects, matched by $4,278,891 in local investments, as follows:
      • $1,950,000, matched by $1,950,000 in local investment, to the Johnstown Redevelopment Authority, Johnstown/Cambria County, Pennsylvania, to fund the construction of a 2-story building to serve as a multi-use business center that will bolster economic development in Cambria County. The project will assist in the redevelopment of the region’s economy that was affected from the downturn in the coal industry by promoting entrepreneurialism, providing office space for local businesses, and supporting a labor force reintegration job training program for individuals effected by the opioid crisis. Once completed, the project will help diversify the region’s economy, attract private investment, and create jobs. The grantee estimates that this investment will help create 124 jobs and leverage $1,200,000 in private investment.
      • $1,552,593, matched by $2,328,891 in local investment, to the Southern Tier Network, Inc., Corning/Steuben County, New York, to fund the construction and installation of approximately 83 miles of high-speed dark fiber-optic cable in the Southern and Central Tier regions of Chemung, Schuyler, Steuben, Tioga, Tompkins, and Yates counties in New York. The project will provide access to a stable and reliable broadband network and ensure connection to high-speed internet for local business and institutions, including 11 designated Opportunity Zones. Once completed, the project will provide long-term economic growth, support business development, and create new jobs throughout the region. The grantee estimates that this investment will help create 54 jobs and leverage $485,185 in private investment.
    • $27,100 in one Local Technical Assistance project, matched by $7,420 in local investment, to the Greater Yuma Economic Development Corporation, Yuma/Yuma County, Arizona, to support the Greater Yuma Economic Development Corporation with conducting the Spaceport Land Feasibility Study for Yuma County, Arizona. Once completed, the project will provide a plan for capitalizing on new opportunities to foster economic development in the area, which will lead to the creation of jobs and businesses throughout the region.
    • $1,785,721 in 14 Partnership Planning projects, matched by $1,249,721 in local investments, to support the development and implementation of the Comprehensive Economic Development Strategy (CEDS) process. The CEDS process is designed to bring together the public and private sectors in the creation of an economic development roadmap to diversify and strengthen the regional economy.