April 26 - 30, 2021

EDA announced 19 investments from April 26-30, 2021, totaling $37,594,987, which is matched by $16,516,211 in local investments. These investments include the following: (1) $27,862,450 in 12 Economic Adjustment Assistance-COVID-19 Recovery and Resiliency Projects to help alleviate sudden and severe economic dislocation caused by the coronavirus pandemic, which includes eight projects totaling $23,967,247 that will help create 4,465 jobs, save 11,352 jobs, and leverage $1,337,450,000 in private investments; (2) $3,668,112 in three 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 that will help create 105 jobs, save 147 jobs, and leverage $17,410,000 in private investments; (3) $5,994,425 in three Public Works projects to help communities revitalize, expand, and upgrade their physical infrastructure that will help create 602 jobs and leverage $684,000,000 in private investments; and (4) $70,000 in one Partnership Planning project to support the development and implementation of the Comprehensive Economic Development Strategy process.

• $27,862,450 in 12 Economic Adjustment Assistance-COVID-19 Recovery and Resiliency Projects, matched by $7,044,183 in local investments, as follows:
  • $8,350,057, matched by $2,087,514 in local investment, to the City of Tracy, Tracy/San Joaquin County, California, to support the City of Tracy with replacing and expanding the International Parkway Bridge over the Delta Mendota Canal in San Joaquin County. The project will relieve a chokepoint and enhance supply chain movement for the industrial park’s essential industries. Once completed, the project will enhance the efficiency of Freight movement of existing companies, which will help the region with recovery efforts from the COVID-19 pandemic, create and retain jobs, attract private investment, and advance economic resiliency throughout the region. The grantee estimates that this investment will help create 2,145 jobs, save 6,734 jobs, and leverage $459,000,000 million in private investment.
  • $3,756,800, matched by $939,200 in local investment, to the City of Salina, Salina/Saline County, Kansas, to support the City of Salina with addressing the local and regional need for high-skill and high-wage jobs by improving and expanding utilities and improving storm water drainage near Centennial Ditch in Saline County, Kansas, a designated Opportunity Zone. The project will consist of the rerouting of existing and installation of new utility infrastructure, which will support the construction of a new food manufacturing facility. In addition, the project will improve streets including Arnold Avenue and Centennial Drive to allow for a safe higher flow of traffic. Once completed, the project will assist the region with recovery efforts from the COVID-19 pandemic, create and retain jobs, attract private investment, and advance economic resiliency throughout the region. The grantee estimates that this investment will help create 225 jobs, save 1,200 jobs, and leverage $600,000,000 in private investment.
  • $3,000,000, matched by $815,653 in local investment, to the Port of Port Arthur Navigation District, Port Arthur/, Texas, to support construction of a new general-purpose cargo handling, staging, and transport area at the Port of Port Arthur Berth 5. The project addresses sensitive supply chain movement of materials such as healthcare use materials and human relief, military and energy cargo supplies. Movement of these products have been impacted by the COVID-19 pandemic and this project will directly address the recovery and resiliency of the supply chain, which will help the port remain globally competitive and enhance the capability for U.S. exports. Once completed, the project will spur job creation, attract private investment, and advance economic resiliency throughout the region. The grantee estimates that this investment will help create 220 jobs, save 55 jobs, and leverage $44,000,000 in private investment.
  • $3,000,000, matched by $750,000 in local investment, to the Business Council of Alabama/Opportunity Alabama, Inc./Main Street Alabama, Montgomery/Montgomery County, Alabama, to support the creation and implementation of a long-term economic recovery strategy for businesses, nonprofits, and communities throughout the state of Alabama. The strategy will make Alabama one of the first states in the nation to provide a pathway to recovery for those in greatest economic distress from the COVID-19 pandemic, focusing on low-income and rural locations, and minority-owned businesses. Once completed, the project will assist the region with recovery efforts from COVID-19, create and retain jobs, spur private investment, and advance economic resiliency throughout the region.
  • $2,580,600, matched by $1,720,400 in local investment, to the Wood County Port Authority, Rossford/Wood County, Ohio, to support the Wood County Port Authority’s infrastructure capacity enhancement project to increase regional business attraction, retention, and expansion in Wood County, Ohio. The project will increase the capacity of connector roads, which will help trucks and other users efficiently reach critical express routes, and pave the way for enhanced logistics activity, an important local industry cluster and critical asset that increases home delivery services. Once completed, the project will assist the region with recovery efforts from the COVID-19 pandemic, create and retain jobs, attract private investment, and advance economic resiliency throughout the region. The grantee estimates that this investment will help create 1,003 jobs, save 64 jobs, and leverage $205,000,000 in private investment.
  • $2,400,000, with no local match, to the BOC Capital Corporation, Brooklyn, Kings County, New York, to support the establishment of a $2,000,000 Revolving Loan Fund (RLF) to support minority communities and enable disadvantaged entrepreneurs in Kings, New York, Queens, Bronx, and Westchester Counties, NY and Bergen, Essex, Hudson, and Union Counties, NJ. The project targets organizations with 50 or fewer employees that have secured construction-related procurement and other procurement contracts with State or City agencies and anchor institutions. $400,000 would be used to provide technical assistance to applicants and to administer the fund. Once implemented, the project will enable disadvantaged entrepreneurs to tap into construction and professional service public procurement opportunities in New York City, which will promote job creation and retention, attract private investment, and bolster economic resiliency throughout the region. The grantee estimates that this investment will help create 800 jobs, save 2,000 jobs, and leverage $18,000,000 in private investment.
  • $1,775,470, with no local match, to the City of Angoon, Hoonah-Angoon County, Alaska, to support the City of Angoon with developing a sustainable cultural tourism infrastructure by constructing a visitor's center and public restrooms in Hoonah Angoon County, Alaska, a designated Opportunity Zone. The project will strengthen the Hoonah-Angoon Census area's leading industry cluster in hospitality and tourism, which will provide more job opportunities for the young adults in the area and create an additional end market for local artisans. Once completed, the project will assist the region with recovery efforts from the COVID-19 pandemic, preserve the unique cultural heritage in the City of Angoon, create jobs, attract private investment, and advance economic resiliency throughout the region. The grantee estimates that this investment will help create 22 jobs and leverage $450,000 in local investment.
  • $1,687,680, matched by $421,920 in local investment, to the Water Works and Sewer Board of the City of Gadsden/City of Gadsden, Gadsden/Etowah County, Alabama, to support the Water Works and Sewer Board of the City of Gadsden with upgrading the Airport Road sanitary sewer system to address pump station overflow issues in Etowah County, Alabama. The improvements will help secure an operational platform for businesses in the area and allow for a more resilient local economy through additional industrial recruitment, which will help save local jobs, increase resiliency and assist the region with recovery efforts resulting from the economic effects of the COVID-19 pandemic. The grantees estimate that this investment will help save 974 jobs.
  • $555,003, matched by $141,536 in local investment, to the Bowling Green State University, Bowling Green/Wood County, Ohio, to support the Bowling Green State University with developing a new Northwest Ohio Workforce Development Strategy and Recovery Plan, to guide the region’s alignment, prioritization, and development of workforce programs in response to the challenges posed by the COVID-19 pandemic. The strategy process will build upon the region’s recent collaboration among a diverse coalition of workforce and economic development officials. Once implemented, the project will help regional leaders maximize the value of coordinated workforce development systems and ensure workers are prepared to benefit from opportunities throughout the region’s economy.
  • $416,640, matched by $104,160 in local investment, to the Oregon Business Development Department, Salem/Maron County, Oregon, to support the Oregon Business Development Department with establishing a multi-faceted approach to address the critical impacts of the COVID-19 pandemic in Oregon. Business Oregon, the state’s business and economic development department, will oversee an 18-month planning and technical assistance program including a COVID-19 recovery plan, and manufacturing assistance. Once implemented, the plan will support community partnerships, help Oregon businesses create and retain jobs, help attract private investment, and advance economic resiliency throughout the region. The grantee estimates that this investment will help create 50 jobs, save 325 jobs, and leverage $11,000,000 in private investment.
  • $255,200, matched by $63,800 in local investment, to Lincoln County, Newport/Lincoln County, Oregon, to support a rural broadband feasibility study of a 4-county region in western Oregon. The project will entail hiring a Broadband Action Team made up of public, private, and nonprofit stakeholders to coordinate conduct broadband studies, setting in motion more equitable broadband access for the region. The project will also assist the region with recovery efforts from the COVID-19 pandemic by providing a roadmap that will lay the groundwork on a process to streamline Internet Service Provider infrastructure. Once implemented, the project will create and retain jobs, improve business retention, enable business expansion, and increase business attraction opportunities, which will help advance economic resiliency throughout the region.
  • $85,000, with no local match, to the Guam Economic Development Authority, Tamuning/Guam County, Guam, to support the Guam Economic Development Authority with updating the existing Comprehensive Economic Development Strategy (CEDS) to help Guam establish and maintain a robust economic ecosystem. The CEDS will help the area build regional capacity that contributes to individual, firm, and community success during and beyond the COVID-19 pandemic. Once implemented, the CEDS will provide the region with a roadmap to achieve long-term prosperity and growth, which will help diversify and strengthen the regional economy.
• $3,668,112 in three Economic Adjustment Assistance projects, matched by $1,292,028 in local investments, as follows:
  • $2,664,112 in 2019 Disaster Supplemental funding, matched by $666,028 in local investment, to the City of Hancock, Hancock/Houghton County, Michigan, to support the City of Hancock with developing a Business and Technology Park designed for technology driven light manufacturing facilities on approximately 40 acres of vacant land owned by the City in Houghton County, Michigan. The project will cultivate industrial and technology-based businesses by providing development-ready space for new and existing companies to expand. In addition, the project will help the area drain stormwater more effectively, making it more resilient to future flooding events. Once completed, the project will assist the region with recovery efforts from the 2018 flood, attract new technology firms, bolster job creation, spur private investment, and advance economic resiliency throughout the region. The grantee estimates that this investment will help create 61 jobs, save 147 jobs, and leverage $17,000,000 in private investment.
  • $900,000, matched by $600,000 in local investment, to Bladen’s Bloomin’ Agri-Industrial, Inc./Town of Bladenboro, Elizabethtown/Bladen County, North Carolina, to support the Bladen’s Bloomin’ Agri-Industrial, Inc. and the Town of Bladenboro with constructing a Small Business Center to help replace businesses that were permanently displaced due to the impacts of Hurricanes Matthew and Florence in the Town of Bladenboro, North Carolina. The project will consist of the construction of two facilities; one facility will house a restaurant, bakery, barber shop, and beauty shoppe and the other will house a healthcare related facility. The development of the small business development center, New Town Square, will be the key driver in stimulating economic resilience and long-term recovery throughout the region. Once completed, the project will benefit a nearby Opportunity Zone, bolster job creation, attract private investment, and strengthen the regional economy. The grantee estimates that this investment will help create 44 jobs and leverage $410,000 in private investment.
  • $104,000, matched by $26,000 in local investment, to the Greater Yuma Economic Development Corporation, Yuma/Yuma County, Arizona, to support the Greater Yuma Economic Development Corporation with contracting services for a market analysis and labor force assessment to develop plans for creating a multiversity campus either virtually or physically to train the local labor force and provide employers with skilled labor in Yuma, Arizona. In addition, the project will analyze regional priorities and critical factors for success, examine the border economy between Mexico and the U.S., and collaborate with regional leaders and stakeholders, to guide the region towards creating opportunities for high-wage jobs and increasing access to higher education for local Yuma residents.
• $5,994,425 in three Public Works projects, matched by $8,110,000 in local investments, as follows:
  • $2,000,000, matched by $6,110,000 in local investment, to the City of Carrollton, Carrollton/Carroll County, Kentucky, to support the construction of a gas line along the U.S. 42 corridor in Carrollton and Gallatin County, Kentucky, to accommodate for current and future economic growth. The gas line expansion will help provide local companies with the stable supply of natural gas needed to operate during natural disasters. In addition, the project will directly impact the growth and viability of both current and future manufacturing businesses throughout the region. Once completed, the project will attract private investment, bolster job creation, stimulate economic resilience and long-term recovery, and strengthen the regional economy. The grantee estimates that this investment will help create 202 jobs and leverage $601,000,000 in private investments.
  • $2,000,000, matched by $500,000 in local investment, to the City of Atmore, Atmore/Escambia County, Alabama, to fund rail infrastructure improvements at the existing CSX mainline to serve a new peanut processing plant facility that will be locating in the City of Atmore, Alabama. The project will support the Port of Mobile and the Alabama State Docks by facilitating the movement of more than 2,500 containers of processed peanuts through the port for export annually, which supports the advancement of the manufacturing industry within the region. Once completed, the project will create jobs, attract private investment, and strengthen the regional economy. The grantee estimates that this investment will help create 150 jobs and leverage $80,000,000 in private investment.
  • $1,994,425, matched by $1,500,000 in local investment, to the City of Eufaula Water Works and Sewer Board/City of Eufaula, Eufaula/Barbour County, Alabama, to fund infrastructure improvements needed to provide sanitary sewer service for a new facility in Eufaula, Alabama. The project will benefit Medical Industrial of Americas (MI Americas), a PPE manufacturing company, in meeting the PPE shortage that exists worldwide. The site has a private rail spur for bulk freight and will allow MI Americas to ship to major ports, which will lay the groundwork for economic re-vitalization in the region. Once completed, the improvements will lead to the creation of jobs and support business development throughout the region. The grantee estimates that this investment will help create 250 jobs and leverage $3,000,000 in private investment.
• $70,000 in one Partnership Planning project, matched by $70,000 in local investment, 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.