Grant

April 5 - 11, 2019

  • EDA announced 11 investments from April 5-11, 2019, totaling $7,033,371. These investments include the following: (1) $3,042,421 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, which includes two projects for $2,897,180 that will help create 182 jobs, save 446 jobs, and leverage $16,000,000 in private investment; (2) $3,570,950 in two Public Works projects to help communities revitalize, expand, and upgrade their physical infrastructure that will help create 291 jobs, save 208 jobs, and leverage $13,500,000 in private investment; and (3) $420,000 in six Partnership Planning projects to support the development and implementation of the Comprehensive Economic Development Strategy process.
    • $3,042,421 in three Economic Adjustment Assistance projects as follows:
      • $2,500,000 in 2018 Disaster Supplemental funding to the City of Dubuque, Dubuque/Dubuque County, Iowa, to fund construction of the Bee Branch Stormwater Pumping Station in an Opportunity Zone in Dubuque, Iowa, to include the replacement of existing flood gates and pumps, construction of an additional new flood gate, and installation of an additional back-up generator for pumps. The project will provide the city with necessary infrastructure to reduce the negative impacts of heavy rainfall and flooding, which will create a resilient local economy to help retain and increase job opportunities throughout the region. The grantee estimates that this investment will help create 152 jobs, save 436 jobs, and leverage $15,500,000 in private investment.
      • $397,180 in 2018 Disaster Supplemental funding to the County of Mendocino, Ukiah/Mendocino County, California, to fund the hiring of a disaster recovery coordinator for Mendocino County, California. The project will include developing the Mendocino County Economic Recovery and Resiliency Plan, creating a broadband plan, and establishing a digital learning project for businesses to open new markets and increase job creation. The coordinator is critical in helping to establish long-term recovery efforts for the region by functioning as the liaison for the community, which will lead to the development of strategies to mitigate job loss and create resiliency for future disasters. The grantee estimates that this investment will help create 30 jobs, save 10 jobs, and leverage $500,000 in private investment.
      • $145,241 in Assistance to Coal Communities funds to the Hopi Tribe, Kykotsmovi Village/Navajo County, Arizona, to fund the Hopi Tribe Economic Opportunities Planning and Development Project to assess the strengths and weaknesses of the agricultural businesses industry and identify resources needed to establish a tourism industry strategy for the region. The investment will assist the region's assets to provide opportunities to create jobs, attract new businesses, and advance community revitalization to transition from coal reliance. The proposed strategic planning initiative will ensure that the areas resources and partnerships are being used most efficiently and effectively to maximize the region's potential to create sustainable well-paying jobs.
    • $3,570,950 in two Public Works projects as follows:
      • $2,070,950 to the City of West Frankfort, West Frankfort/Franklin County, Illinois, to fund infrastructure improvements to repurpose the West Frankfort Mall in Franklin County, Illinois. Completion of the project will attract private investments, create jobs and diversify the local economy. The grantee estimates that this investment will help create 218 jobs, save 208 jobs, and leverage $1,500,000 in private investment.
      • $1,500,000 to the City of Durant, Durant/Bryan County, Oklahoma, to fund wastewater infrastructure improvements in the City of Durant, Oklahoma, to include the construction of a belt filter press that will allow sludge to be disposed of in a dewatered form or hauled directly to a landfill. The project will reside in two Opportunity Zone census tracts and will result in the increased water capacity needed to help local businesses expand and attract new private investment to the region, which will diversify the regional economy and create jobs. The grantee estimates that this investment will help create 73 jobs and leverage $12 million in private investment.
    • $420,000 in six Partnership Planning projects 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.