February 8 - 12, 2021

EDA announced 34 investments from February 8-12, 2021, totaling $75,447,132, which is matched by $24,583,884 in local investments. These investments include the following: (1) $24,756,657 in 21 Economic Adjustment Assistance-COVID-19 Recovery and Resiliency Projects to help alleviate sudden and severe economic dislocation caused by the coronavirus pandemic, which includes 16 projects for $17,717,497 that will help create 4,275 jobs, save 1,171 jobs, and leverage $200,000,000 in private investments; (2) $42,825,475 in 10 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 projects for $25,378,417 that will help create 660 jobs, save 323 jobs, and leverage $27,200,000 in private investments; and (3) $7,865,000 in three Public Works projects to help communities revitalize, expand, and upgrade their physical infrastructure that will help create 167 jobs, save 48 jobs, and leverage $76,750,000 in private investments.

• $24,756,657 in 21 Economic Adjustment Assistance-COVID-19 Recovery and Resiliency Projects, matched by $6,138,509 in local investments, as follows:
  • $2,780,000, matched by $695,000 in local investment, to the Louisiana State Parks and Recreation Commission, Baton Rouge/East Baton Rouge, Louisiana, to support the Louisiana State Parks and Recreation Commission with the construction of permanent sewer connections to approximately 567 existing campsites located within nine State Parks' RV Campgrounds in Baton Rouge, Louisiana. The new lines hosting grey and black water will run in the existing utility right-of-way to tie into the existing RV dump station or potentially into the City Sewer, depending on the Park. The additions will allow the Office of State Parks to offer a better experience for visitors, increasing tourism traffic and both state and local tax revenue, thereby stimulating the economy and advancing economic resiliency throughout the region.
  • $2,750,000, matched by $687,500 in local investment, to TruFund Financial Services, Inc., New York/New York County, New York (Project: Addison/Dallas County Texas), to help capitalize a Revolving Loan Fund to lend to borrowers in the following geographic region: Archer, Baylor, Clay, Collin, Cooke, Cottle, Dallas, Denton, Ellis, Fannin, Foard, Grayson, Hardeman, Hood, Hunt, Jack, Kaufman, Montague, Parker, Palo Pinto, Rockwall, Tarrant, Wichita, Wilbarger, Wise and Young counties. The grantee estimates that this investment will help create 56 jobs and save 84 jobs.
  • $2,477,727, matched by $250,000 in local investment, to the Regional Convention and Visitors Commission/Saint Louis Development Corporation, Saint Louis/Saint Louis County, Missouri, to support the Regional Convention and Visitors Commission and the Saint Louis Development Corporation’s efforts to foster regional tourism recovery and resiliency by addressing impacts associated with the COVID-19 pandemic in Saint Louis City, Missouri, a designated Opportunity Zone. The project will leverage funds from regional private partners and develop an integrated marketing campaign for the region, promoting St. Louis as a safe tourism destination. In addition, the project will provide supplies, equipment, and cleaning for the America’s Center Convention Complex, allowing events to resume in a safe way. Once completed, the project will support tourism and hospitality businesses, create and save jobs, attract private investment, and advance economic resiliency throughout the region. The grantees estimate that this investment will help create 637 jobs and save 81 jobs.
  • $1,800,000, matched by $455,099 in local investment, to the City of Giddings, Giddings/ Lee County, Texas, to support the City of Giddings and Giddings Economic Development Corporation with installing utility services and fiber optics on Burleson Street and along Highway 290 to advance economic development in Lee County, Texas. The project will help increase water capacity for businesses along the US 290 corridor and increase internet speeds for businesses and residents in the area. Once completed, the project will help the region with recovery efforts from the coronavirus pandemic, create jobs, attract private investment, and advance economic resiliency throughout the region. The grantees estimate that this investment will help create 1,586 jobs, save 425 jobs, and leverage $27,000,000 in private investment.
  • $1,760,000, matched by $440,000 in local investment, to the Southwest Intermediary Finance Team, Inc., Weatherford/Blaine County, Oklahoma, to help capitalize a Revolving Loan Fund to lend to borrowers in the following geographic region: Beaver, Beckham, Canadian, Carter, Cimarron, Cleveland, Comanche, Cotton, Custer, Dewey, Ellis, Garvin, Grady, Harper, Logan, Marshall, Pontotoc, Roger Mills, Stephens, Texas, Washita, Woods, and Woodward counties.
  • $1,530,795, matched by $270,140 in local investment, to the Omaha-Council Bluffs Metropolitan Area Planning Agency/Nebraska Enterprise Fund, Omaha/Douglas County, Nebraska, to help capitalize a Revolving Loan Fund to provide gap financing to private sector businesses in Mills and Pottawattamie Counties in Iowa and Cass, Douglas, Sarpy and Washington Counties in Nebraska. The financing will help the region respond to the significant challenges that have been experienced because of the COVID-19 pandemic, including the closure of many businesses and venues, and the decline of tax revenues for local governments in the MAPA region. Once implemented, the project will provide permanent resources to support economic resiliency, create and retain jobs, and further the long-term economic adjustment objectives, which will strengthen and advance the regional economy. The grantees estimate that this investment will help create 40 jobs and save 79 jobs.
  • $1,400,000, matched by $414,900 in local investment, to the Town of Little Elm, Little Elm/Denton County, Texas, to fund infrastructure improvements to the Lobo Lane Technically park supporting the expansion of businesses directly responding to the COVID-19 pandemic. The businesses include a manufacturer of syringes with “low dead space” that will directly support the COVID-19 vaccine roll out in Little Elm, Texas. Once completed, the improvements will help stimulate economic growth by attracting new businesses and jobs to the park area, which will lead to improved conditions and economic vitality for Little Elm and surrounding areas and help the region recover from the economic effects of COVID-19. The grantee estimates that this investment will help create 300 jobs and leverage $50,000,000 in private investment.
  • $1,250,000, matched by $617,384 in local investment, to San Juan County, Aztec/San Juan County, New Mexico, to support the purchase and installation of emergency generators and IT network upgrades for the San Juan Regional Medical Center in San Juan County, New Mexico. The project will enable the Center to expand telehealth services and to set up a field hospital in case of emergency, to provide immediate operational improvement to the County's COVID-19 response and expand long-term telehealth services in the region. Once completed, the project will help stimulate economic growth for San Juan and help the region recover from the economic effects of COVID-19.
  • $1,200,000, matched by $465,958 in local investment, to the City of Shamrock, Shamrock/Wheeler County, Texas, to support the City of Shamrock with developing infrastructure to support the construction of an industrial business park in Wheeler County, Texas. The project will assist the region with recovery efforts from the COVID-19 pandemic and will aim to reduce its dependency on oil and gas, expand manufacturing capacity, and diversify the regional economy. Once completed, the project will include a green technology thermal decomposition plant that will generate employment opportunities and attract private investments, which will strengthen the regional economy and advance economic resiliency throughout the region. The grantee estimates that this investment will help create 67 jobs and leverage $55,000,000 in private investment.
  • $1,100,000, matched by $275,000 in local investment, to the South Plains Association of Governments, Lubbock/Lubbock County, Texas (Project: Wayside/Armstrong County. Texas), to help capitalize a Revolving Loan Fund to lend to borrowers in the following geographic region: Armstrong, Briscoe, Carson, Castro, Childress, Collingsworth, Dallam, Deaf Smith, Donley, Gray, Hall, Hansford, Hartley, Hemphill, Hutchinson, Lipscomb, Ochiltree, Oldham, Parmer, Potter, Randall, Roberts, Sherman, Swisher, and Wheeler counties. The grantee estimates that this investment will help create 25 jobs and save 100 jobs.
  • $1,100,000, matched by $275,000 in local investment, to the South Plains Association of Governments, Lubbock/Lubbock County, Texas (Project: Andrews/Andrews County, Texas) to help capitalize a Revolving Loan Fund to lend to borrowers in the following geographic region: Andrews, Borden, Crane, Dawson, Ector, Gaines, Glasscock, Howard, Loving, Martin, Midland, Pecos, Reeves, Terrell, Upton, Ward and Winkler counties. The grantee estimates that this investment will help create 25 jobs and save 100 jobs.
  • $990,000, with no local match, to the Northwest New Mexico Council of Governments, Gallup/McKinley County, New Mexico, to help capitalize a Revolving Loan Fund to lend to borrowers in the following geographic region: Cibola, McKinley, and San Juan Counties, New Mexico. The grantee estimates that this investment will help create 100 jobs and save 100 jobs.
  • $900,000, matched by $225,000 in local investment, to the University of Arkansas at Little Rock, Little Rock/Pulaski County, Arkansas, to support the University of Arkansas at Little Rock and the University of Arkansas System with identifying workforce populations most impacted by the coronavirus and aligning skills training opportunities for retraining and reemployment to support individual and business community recovery in Little Rock, Arkansas. Once completed, the project will help the region with recovery efforts from the coronavirus pandemic, strengthen the regional economy, and advance economic resiliency throughout the region.
  • $880,000, matched by $220,000 in local investments, to TruFund Financial Services, Inc., New Orleans/Orleans County, Louisiana, to help capitalize a Revolving Loan Fund to lend to borrowers in the following geographic region: Baton Rouge MSA (Capital City Region) and the following parishes: East Baton Rouge, West Baton Rouge, East Feliciana, West Feliciana, Livingston, Point Coupee, Iberville, St. Helena and Ascension. The grantee estimates that this investment will help create 75 jobs and save 125 jobs.
  • $860,000, matched by $215,000 in local investment, to the City of Sequin, Sequin/Guadalupe County, Texas, to fund the design, engineering, permitting and construction costs to develop a new roadway in Seguin, Texas. The roadway will provide access to the southern area of the Seguin Economic Development Corporation (SEDC) commercial park for existing and future commercial park businesses. Once completed, the new infrastructure will help stimulate economic growth by attracting new businesses and jobs to the business park area, which will lead to improved conditions and economic vitality for Seguin and surrounding areas and help the region recover from the economic effects of COVID-19. The grantee estimates that this investment will help create 145 jobs and leverage $59,000,000 in private investment.
  • $550,000, matched by $137,500 in local investment, to TruFund Financial Services, Inc., New Orleans/Orleans County, Louisiana, to help capitalize a Revolving Loan Fund to lend to borrowers in the following geographic region: Avoyelles, Bienville, Bossier, Caldwell, Catahoula, Caddo, Claiborne, Concordia, DeSoto, East Carroll, Franklin, Grant, Jackson, LaSalle, Lincoln, Madison, Morehouse, Natchitoches, Ouachita, Rapides, Red River, Richland, Sabine, Tensas, Union, West Carroll, Webster, Winn and Vernon counties. The grantee estimates that this investment will help create 50 jobs and save 75 jobs.
  • $450,000, matched by $208,566 in local investment, to the Board of Regents of the University of Oklahoma, Norman/Cleveland County, Oklahoma, to fund the University of Oklahoma’s Aerospace Workforce Development and Venture Support (AWDVS) project to provide skills training to unemployed workers for a career in Aerospace and by supporting new Aerospace startup ventures—directly accelerating economic recovery and improving resilience in Central Oklahoma. The project will help establish and expand on industry relationships by offering advanced fabrication support, through undergraduate and graduate students, to local Aerospace-related startups and small businesses. Once completed, the project will help the region with recovery efforts from the coronavirus pandemic, strengthen the regional economy, and advance economic resiliency throughout the region. The grantee estimates that this investment will help create 50 jobs and leverage $8,000,000 in private investment.
  • $349,160, matched by $129,200 in local investment, to the Southwest Region Planning Commission, Keene/Cheshire County, New Hampshire, to support the Southwest Region Planning Commission with developing a Comprehensive Economic Development Strategy (CEDS) plan, which will help to guide the future development and investments throughout the New Hampshire region. In addition, the Planning Commission will perform Coronavirus Recovery Planning to address economic impacts of the pandemic and resiliency and will also provide economic recovery technical assistance to local economic development stakeholders to implement economic recovery initiatives aligned with CEDS goals and objectives.
  • $237,750, matched by $59,438 in local investment, to Illinois College, Jacksonville/Morgan County, Illinois, to support Illinois College with establishing a new nursing degree program, which will provide a critical source of trained nursing professionals, who are in high-demand because of the COVID-19 pandemic. With Passavant Area Hospital as a key partner, students will gain hands-on experience during their training, and the hospital’s commitment to employ students will ensure that they have a clear path to employment in their chosen field. The project will also provide training equipment for students in the nursing and nursing-related training programs as well as students at nearby Lincoln Land Community College, to serve as a resource for the community as it attempts to fill regional gaps in nurse and nursing assistant positions. Once completed, the project will help the region with recovery efforts from the coronavirus pandemic, strengthen the regional economy, and advance economic resiliency throughout the region. The grantee estimates that this investment will help create 1,111 jobs.
  • $215,000, matched by $53,750 in local investment, to the City of Coweta, Coweta/Wagoner County, Oklahoma, to fund construction of improvements to the existing wastewater system for the City of Coweta and the Coweta Public Work Authority. The system will serve the existing and proposed facilities operated by the Indian Capital Technology Center (ICTC) providing job training, including training for practical nurse and certified nurse aids. Once completed, the project will help the region with recovery efforts from the coronavirus pandemic, strengthen the regional economy, and advance economic resiliency throughout the region. The grantee estimates that this investment will help leverage $1,000,000 in private investment.
  • $176,225, matched by $44,074 in local investment, to Wind River Development Fund, Fort Washakie/Freemont County, Wyoming, to the Wind River Development Fund with establishing the Wind River Economic Recovery and Small Business Development Initiative, which will provide business coaching to new and existing businesses on the Wind River Indian Reservation. The project will strengthen the local business skills base in the area while fostering economic recovery and resilience from the COVID-19 pandemic. Once implemented, the project will also help address the need to support job creation and retention by strengthening the Reservation’s economic foundation and business base, which will build the financial capabilities of aspiring entrepreneurs, improve local entrepreneurs’ business skills, and prepare entrepreneurs and small businesses to become loan-ready and access capital. The grantee estimates that this investment will help create 8 jobs and save 2 jobs.
• $42,825,475 in 10 Economic Adjustment Assistance projects, matched by $7,218,456 in local investments, as follows:
  • $13,190,280 in 2019 Disaster Supplemental funds, with no local match, to the Northern Marianas College, Saipan/Saipan County, Northern Marianas Islands, to fund the construction of a facility for use as a research, extension, and development center at Northern Marianas College on Saipan, Northern Mariana Islands, a designated Opportunity Zone. The project will replace and augment existing college facilities, 87 percent of which were either destroyed or suffered major damage from Super Typhoon Yutu. The new facility will house instructional space for the college’s nursing program, a new simulation lab for the NMC Business Department, and other resources to develop the commonwealth’s capacity to develop industries that contribute to economic growth. Once completed, the project will increase employment opportunities, attract private investment, and advance economic resiliency throughout the region. The grantee estimates that this investment will help create 272 jobs and leverage $13,500,000 in private investment.
  • $8,550,039 in 2019 Disaster Supplemental funding, matched by $1,729,510 in local investment, to the University of Guam, Mangilao/Guam County, Guam, to support the University of Guam with construction of two educational and research buildings at the Scientific Education and Research Facilities in Mangilao, Guam, a designated Opportunity Zone. The project will assist the region with recovery efforts from the Typhoon Mangkhut disaster. The new lab will increase the ability of the University’s Water and Environmental Research Institute to monitor the health of Guam’s aquifer which provides fresh water for commercial and residential use throughout the island. The second building will provide instructional space for the University’s School of Nursing and facilitate training of more nurses to address a shortage of healthcare workers throughout the region. Once completed, the project will promote resiliency and strengthen the regional economy. The grantee estimates that this investment will help create 243 jobs.
  • $6,094,971 in 2019 Disaster Supplemental funding, matched by $1,523,743 in local investment, to the City of Conway, Conway/Harry County, South Carolina, to support the City of Conway with making wastewater system improvements to help eliminate overflow during future flood events and to allow for development in Conway, South Carolina, a designated Opportunity Zone. The project includes the construction of a new lift station to be located behind the Gator Coastal Shopping Center on Church Street in Conway and construction of a new force main to assist the region with recovery efforts from Hurricane Florence. Once completed, the project will allow major employers to remain in the area during future flooding events, promote resiliency, and strengthen the regional economy.
  • $3,467,905 in 2019 Disaster Supplemental funding, matched by $866,977 in local investment, to Georgetown County, Georgetown/Georgetown County, South Carolina, to fund stormwater system improvements for the East Andrews area in Georgetown, South Carolina, a partially designated Opportunity Zone. The project will provide improved stormwater system operation and reliability, which will help decrease the impact of severe flooding in the future. Once completed, the project will help the region to diversify its economy, making it more resilient to various environmental or financial shocks and advance economic resiliency throughout the region.
  • $3,365,409 in 2019 Disaster Supplemental funding, matched by $841,353 in local investment, to the City of Georgetown/Georgetown County, Georgetown/Georgetown County, South Carolina, to fund stormwater system improvements for the City of Georgetown’s Historic District in South Carolina. Hurricane Florence and other weather events have had significant impacts on the city’s aging stormwater infrastructure system and exacerbated the vulnerabilities that already existed within the system. These vulnerabilities manifested themselves in clogs and backups in the infrastructure throughout the City, which resulted in flooded streets and businesses. Once completed, the improvements will help prevent disruptions in the utility stormwater and wastewater systems, which will decrease the likelihood of severe flooding during future storms, promote resiliency, and strengthen the regional economy.
  • $3,130,098 in 2019 Disaster Supplemental funding, matched by $1,000,000 in local investment, to the City of Lumberton, Lumberton/Robeson County, North Carolina, to fund the construction of a permanent floodgate system to prevent flooding of area businesses in Lumberton, North Carolina, a designated Opportunity Zone. The project involves installing abutments coming from the I-95 bridge with two floodgates, one on the railroad line and one on VFW Road, that is parallel to the railroad line. This would also include signalization of the railroad line both up and down stream of the floodgate. The project also includes roadway and utility relocations. Once completed, the improvements will help protect critical public infrastructure and major industries located inside the protected area, which will decrease the likelihood of severe flooding during future storms, promote resiliency, and strengthen the regional economy. The grantee estimates that this investment will help create 90 jobs, save 323 jobs, and leverage $4,200,000 in private investment.
  • $2,494,758 in 2019 Disaster Supplemental funding, matched by $623,689 in local investment, to the Santee Electric Cooperative, Inc./Florence County, Kingstree/ Williamsburg County, South Carolina (Project: Florence/Florence County, South Carolina), to fund roadway and electrical system improvements by constructing a substation to serve a distribution center in Florence, South Carolina, a designated Opportunity Zone. The major flooding from Hurricane Florence damaged infrastructure in the area, which led to a loss of water and sewer service, as well as road outages. Each time these interruptions occurred, industries experienced work stoppages and a decrease in productivity. Once completed, the project will improve the region's ability to attract and retain employers by improving the reliability and availability of critical infrastructure such as electrical service and large truck accessibility for industrial areas, which will help the region to diversify its economy, making it more resilient to various environmental or financial shocks.
  • $1,324,736 in 2019 Disaster Supplemental funds, matched by $331,184 in local investment, to the City of Dillon, Dillon/Dillon County, South Carolina, to fund wastewater system improvements to meet the critical need for updates to two exposed 20” force mains currently located on an abandoned bridge deck parallel to Highway 9 in Dillon County, South Carolina, a designated Opportunity Zone. Significant flood waters from Hurricane Florence washed over the force mains weakening its support, which caused disruptions in employment and industry operations in the area. The project will relocate the exposed force mains to a safer, unexposed location under the riverbed, strengthening the overall system. Once completed, the improvements will make the wastewater system more resilient and decrease the likelihood of service interruptions as well as environmental contamination during future storms. Additionally, by making the system more resilient to weather events, the city and county will be able to continue to attract new industries to the area.
  • $699,279 in 2019 Disaster Supplemental funding, matched by $175,000 in local investment, to Francis Marion University, Florence/Florence County, South Carolina, to support Francis Marion University with making improvements to the drainage/stormwater management infrastructure on the main campus in Florence, South Carolina. The strengthening of the stormwater drainage system will allow for the university to serve its workforce and academic development mission, and its obligation to its employees and the community, allowing the university to be more resilient during and after flood events. Once completed, the project will create jobs, mitigate the effects of natural disasters, and strengthen the regional economy.
  • $508,000 in 2019 Disaster Supplemental funding, matched by $127,000 in local investment, to the Town of Centerville, Centerville/Hickman County, Tennessee, to fund water system improvements to mitigate vulnerability to future storm events which disrupt and endanger both regional and local employment in Centerville, Tennessee. The project will help support future expansion of existing companies and the recruitment of new industries into the area, as well as address multiple needs in the region from the perspectives of health and safety. Once completed, the project will help improve the reliability and availability of critical infrastructure, which will promote resiliency and strengthen the regional economy. The grantee estimates that this investment will help create 55 jobs and leverage $9,500,000 in private investment.
• $7,865,000 in three Public Works projects, matched by $11,226,919 in local investments, as follows:
  • $5.000,000, matched by $9,802,061 in local investment, to the City of Reno, Reno/Washoe County, Nevada, to fund the Reno Stead Water Reclamation Facility (RSWRF) Effluent Treatment, Storage and Reuse project to help expand the region's ability to process effluent and provide quality water for reuse by commercial users, new and old in Reno, Nevada. The project will expand the existing capacity from 2 to 4 million gallons per day and support an additional 10 million square feet of industrial construction in the adjacent industrial park, which will attract private investment, create jobs throughout the region, and provide long-term sustainable economic growth. The grantee estimates that this investment will help create 167 jobs, save 48 jobs, and leverage $76,750,000 in private investment.
  • $2,000,000, matched by $559,858 in local investment, to the City of DeKalb, DeKalb/Bowie County, Texas, to support the City of DeKalb with the design and construction of water and sewer improvements serving the city including the Dekalb Industrial Foundation 36-acre site. These utility improvements will provide wastewater service to existing businesses as well as emerging business opportunities in Bowie County, Texas, a designated Opportunity Zone. Once completed, the reconstruction of US 82 will make more traffic and development opportunities in the city, which will attract future companies to the area, spur private investment, create jobs, and advance economic resiliency throughout the region. The grantee estimates that this investment will help create 8 jobs, save 43 jobs, and leverage $450,000 in private investment.
  • $865,000, matched by $865,000 in local investment, to the Lubbock Reese Redevelopment Authority, Lubbock/Lubbock County, Texas, to support the Lubbock Reese Redevelopment Authority with providing critical security and airport runway enhancements to facilitate job creation at the Reese Technology Center in Lubbock, Texas. The improvements will help expand research and development of new technologies at the 2,467-acre business park. The enhanced security will allow businesses in the park to meet the needs of their corporate clients and ensure that the region remains competitive in researching new technologies. Once completed, the project will result in job creation and business expansion, which will strengthen the regional economy and bolster economic resiliency throughout the region. The grantee estimates that this investment will help create 15 jobs, save 5 jobs, and leverage $20,000,000 in private investment.