Grant

August 24 - 28, 2020

  • EDA announced 90 investments from August 24-28, 2020, totaling $85,209,115, which is matched by $2,609,307 in local investments. These investments include the following: (1) $64,000 in one Economic Adjustment Assistance project 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; (2) $82,876,780 in 79 Economic Adjustment Assistance-COVID-19 Recovery and Resiliency Projects to help alleviate sudden and severe economic dislocation caused by the coronavirus pandemic; (3) $1,200,000 in one Public Works project to help communities revitalize, expand, and upgrade their physical infrastructure that will help create nine jobs and leverage $10,500,000 in private investment; (4) $843,335 in eight Technical Assistance University Center projects to make the varied and vast resources of universities available to the economic development practitioner community; and (5) $225,000 in one Partnership Planning project to support the development and implementation of the Comprehensive Economic Development Strategy process.
    • $64,000 in one Economic Adjustment Assistance project, matched by $16,000 in local investment, as follows:
      • $64,000 in Assistance to Coal Communities, matched by $16,000 in local investment, to the University of Charleston, Charleston/Kanawha County, West Virginia, to support the University of Charleston with conducting a feasibility study to create the Innovation Super Hub in Kanawha County, West Virginia, a designated Opportunity Zone. The study will provide a market analysis, business plan, operations plan, financial strategy, and preliminary engineering analysis to help determine the local and regional need for a new incubator/accelerator infrastructure that provides technical assistance to small business and start-up companies. Once completed, the project will help promote new business creations, create new job opportunities, attract private investment, and advance economic resiliency to an area that has been impacted by the decline in the coal industry.
    • $82,876,780 in 79 Economic Adjustment Assistance-COVID- 19 Recovery and Resiliency Projects, as follows:
      • $62,002,241 in 39 COVID-19 Recovery and Resiliency Projects to the following grantees to capitalize Revolving Loan Funds:
        • $5,962,000 to the Rhode Island Commerce Corporation, Providence, RI
        • $4,059,000 to the Areawide Business Council PDD, Inc., Yankton, SD
        • $3,674,000 to the Northern Maine Development Commission, Caribou, ME
        • $3,641,000 to the Green River Area Development District, Owensboro, KY
        • $3,278,000 to the Coastal Enterprises, Brunswick, ME
        • $3,213,600 to the Mid-Ohio Valley Regional Planning & DC, Parkersburg, WV
        • $3,157,000 to the St. Louis Development Corporation, St. Louis, MO
        • $3,102,000 to the Louisville-Jefferson County Metro Government, Louisville, KY
        • $2,860,000 to the Eastern Maine Development Corporation, Bangor, ME
        • $2,662,000 to the Purchase Area Development District, Mayfield, KY
        • $2,211,000 to the Northeast Nebraska Economic Development District, Norfolk, NE
        • $1,892,000 to the Utah Small Business Loan Fund, Millcreek, UT
        • $1,716,000 to the First District Association of Local Governments, Watertown, SD
        • $1,628,000 to the Baltimore County DED, Towson, MD
        • $1,419,000 to the Southern Maine Regional Planning Commission, Saco, ME
        • $1,144,000 to the Southeast Kentucky ED Corporation, Somerset, KY
        • $1,115,936 to the Black Hills Community Economic Development, Inc., Rapid City, SD
        • $1,078,000 to the North Central Regional Planning Commission, Beloit, KS
        • $1,023,000 to the Tri-County Council for Western Maryland, Frostburg, MD
        • $1,045,000 to the Barberton Community Development Corporation, Barberton, OH
        • $1,001,000 to the Androscoggin Valley Council of Governments, Auburn, ME
        • $836,000 to the Providence Business Loan Fund, Providence, RI
        • $825,000 to the Miami Area Economic Development Service, Inc., Miami, OK
        • $825,000 to the City of Nashua, NH
        • $770,000 to the Maryland Department of Commerce, Baltimore, MD
        • $737,000 to the Kennebec Valley Council of Governments, Fairfield, ME
        • $550,000 to the Natural Capital Investment Fund, Inc., Charles, WV
        • $550,000 to the Region I Planning & Development Council, Princeton, WV
        • $550,000 to the Northern Oklahoma Development Authority, Enid, OK
        • $550,000 to the Rural Enterprises of Oklahoma, Durant, OK
        • $550,000 to the Mark Twain Regional Council of Governments, Perry, MO
        • $550,000 to the Lincoln Trail Area Development District, Elizabethtown, KY
        • $550,000 to the Northern Kentucky Area Development District, Florence, KY
        • $550,000 to the Mo-Kan Regional Council, St. Joseph, MO
        • $550,000 to the Carlsbad Industrial Action, Carlsbad, NM
        • $550,000 to the North Central New Mexico EDD, Santa Fe, NM
        • $550,000 to the Lincoln Uinta Revolving Loan Fund, Evanston, WY
        • $547,705 to the Autonomous Municipality of Caguas, PR
        • $530,000 to the South Central Ozarks Council of Governments, Pomona, MO
      • $20,874,539 in 40 COVID-19 Recovery and Resiliency Projects to the following Partnership Planning grantees to provide supplemental financial assistance to update economic development plans and fortify programs to assist communities in responding to the unusual and compelling urgency of the coronavirus pandemic:
        • $6,000,000 to the Kentucky Department for Local Government, Frankfort, KY, to support the efforts of Kentucky’s 15 Area Development Districts
        • $400,000 to the Central Shenandoah Planning District Commission, Staunton, VA
        • $400,000 to the Crater Planning District Commission, Petersburg, VA
        • $400,000 to the Cumberland Plateau Planning District Commission, Lebanon, VA
        • $400,000 to the West Piedmont Planning District Commission, Martinsville, VA
        • $400,000 to the Tri-County Regional Planning Commission, Lansing, MI
        • $400,000 to the Albemarle Commission, Hertford, NC
        • $400,000 to the Centralina Economic Development District, Charlotte, NC
        • $400,000 to the Southeastern Economic Development Commission, Elizabethtown, NC
        • $400,000 to the Triangle J Council of Governments, Durham, NC
        • $400,000 to the Lake Agassiz Regional Council, Fargo, ND
        • $400,000 to the Red River Regional Council, Grafton, ND
        • $400,000 to the Souris Basin Planning Council, Minot, ND
        • $400,000 to the Northeast Nebraska Economic Development District, Norfolk, NE
        • $400,000 to the Omaha-Council Bluffs Metropolitan Area Planning Agency, Omaha, NE
        • $400,000 to the Southeast Nebraska Development District, Lincoln, NE
        • $400,000 to the West Central Nebraska Development District, Ogallala, NE
        • $400,000 to the Berkeley-Charleston-Dorchester COG, North Charleston, SC
        • $400,000 to the Catawba Regional Council of Governments, Rock Hill, SC
        • $400,000 to the Central Midlands Council of Governments, Columbia, SC
        • $400,000 to the Lower Savannah Council of Governments, Aiken, SC
        • $400,000 to the Pee Dee Regional Council of Governments, Florence, SC
        • $400,000 to the Santee-Lynches Regional Council of Governments, Sumter, SC
        • $400,000 to the Upper Savannah Council of Governments, Greenwood, SC
        • $400,000 to the Waccamaw Regional Council of Governments, Georgetown, SC
        • $400,000 to the South Eastern Council of Governments, Sioux Falls, SD
        • $400,000 to the Benton-Franklin Council of Governments, Richland, WA
        • $400,000 to the Central Puget Sound EDD, Seattle, WA
        • $400,000 to the North Central Washington EDD, Wenatchee, WA
        • $400,000 to the North Olympic Peninsula RC&DC, Port Angeles, WA
        • $400,000 to the Tri-County EDD, Colville, WA
        • $399,009 to the Cowlitz Wahkiakum Council of Governments, Kelso, WA
        • $398,677 to the Central South Dakota Enhancement District, Pierre, SD
        • $384,738 to the North Central Planning Council, Devils Lake, ND
        • $383,115 to the Tri County Regional Development Council, Williston, ND
        • $376,000 to the First District Association of Local Governments, Watertown, SD
        • $292,870 to the Black Hills Council of Local Governments, Rapid City, SD
        • $253,670 to the Northeast Council of Governments, Aberdeen, SD
        • $236,460 to the South Central Dakota Regional Council, Jamestown, ND
        • $150,000 to the Central Council Tlingit and Haida Indian Tribes of Alaska, Juneau, AK
    • $1,200,000 in one Public Works project, matched by $1,200,000 in local investment, as follows:
      • $1,200,000, matched by $1,200,000 in local investment, to the County of Otsego Industrial Development Agency, Oneonta/Otsego County, New York, to fund the installation of utilities to facilitate the construction of the Richfield Springs Eco-Industrial Business Park in Otsego County. The project will advance manufacturing in the regional economy by constructing a 1100 F.L. long access road along NYS Route 28 and installing a gravity wastewater collection system that will serve the industrial business park. Once completed, the project allows for the expansion of local businesses, which will help to bolster job creation, attract private investment, and enhance economic growth throughout the region. The grantee estimates that this investment will help create 9 jobs and leverage $10,500,000 in private investment.
    • $843,335 in eight Technical Assistance University Center projects, matched by $1,243,307 in local investments, to support a five-year University Center (UC) program, which is a competitively-based partnership between EDA and academic institutions that makes the varied and vast resources of universities available to the economic development practitioner community.
    • $225,000 in one Partnership Planning projects, matched by $150,000 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.