Grant

February 16 - 22, 2024

EDA announced 6 investments from February 16-22, 2024, totaling $739,600, which is matched by $324,367 in local investments.  These investments include the following:

(1) $525,600 in 3 Economic Adjustment Assistance-2023 Disaster Supplemental projects to help regions that are experiencing severe economic distress or other economic hardship resulting from Hurricanes Ian and Fiona, wildfires, flooding, and other natural disasters occurring in calendar years 2021 and 2022.

(2) $214,000 in 3 Partnership Planning projects to support the development and implementation of the Comprehensive Economic Development Strategy process.

  • $525,600 in three 2023 Disaster Supplemental projects, matched by $133,700 in local investments, as follows:
    • $300,000 to the Metropolitan Transportation Commission, San Francisco/San Francisco County, California, to support with building on the region’s Comprehensive Economic Development Strategy (CEDS) by developing a framework for seeding new industry clusters in the clean energy sector while retaining and growing jobs in the emerging biotechnology manufacturing sector in San Francisco, California.  The project will help provide a roadmap for making regional investments to prepare people and places for economic growth and prosperity.  Once completed, the project will help expand and diversify the region’s economic base and promote economic resiliency throughout the region.
    • $149,600 to the Economic Development Authority of Floyd County, Virginia, Floyd/Floyd County, Virginia, to support developing a strategic plan for economic resilience.  Once completed, the project will support the growth and sustainability of the region, which will expand and diversify the region’s economic base and promote economic resiliency throughout the region.
    • $76,000 to the City of Post Falls, Post Falls/Kootenai County, Idaho to support with the hiring of a consultant to prepare a comprehensive assessment of area resources, infrastructure, and marketing trends to develop a marketing plan for Kootenai County, Idaho.  The project will provide a plan for economic development and recruitment of new industries, which will create new opportunities for employment and strengthen the regional economy.
  • $214,000 in three Partnership Planning projects, matched by $190,667 in local investments, to support the development and implementation of a comprehensive economic development strategy (CEDS).  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.
    • $70,000 to the Western Upper Peninsula Planning and Development Region Commission, Hancock/Houghton County, Michigan, to support the development and implementation of a comprehensive economic development strategy (CEDS) for the region served by the Western Upper Peninsula Planning and Development Region Commission, which comprises the counties of Baraga, Gogebic, Houghton, Iron, Keweenaw, and Ontonagon.  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.
    • $74,000 to the Brattleboro Development Credit Corporation, Brattleboro/Windham County, Vermont, support the development and implementation of a comprehensive economic development strategy (CEDS) for the region served by the Brattleboro Development Credit Corporation, which comprises the counties of Bennington and Windham.  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.
    • $70,000 to the Region 11 Council, Weirton/Brooke County, West Virgina, to support the development and implementation of a comprehensive economic development strategy (CEDS) for the region served by the Region 11 Council.  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.