Grant

March 30-April 3, 2020

  • EDA announced 13 investments from March 30-April 3, 2020 totaling $38,520,970, which is matched by $14,835,950 in local investments. These investments include the following: (1) $35,930,180 in eight 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 five investments totaling $34,659,039 that will help create 820 jobs, save 1,941 jobs, and leverage $165,000,000 in private investment; (2) $2,264,555 in two Public Works projects to help communities revitalize, expand, and upgrade their physical infrastructure that will help create 133 jobs, save 88 jobs, and leverage $10,500,000 in private investment; and (3) $326,235 in three Partnership Planning projects to support the development and implementation of the Comprehensive Economic Development Strategy process.
    • $35,930,180 in eight Economic Adjustment Assistance projects, matched by $12,245,158 in local investments, as follows:
      • $15,672,000 in 2019 Disaster Supplemental funding, matched by $3,918,000 in local investment, to the City of Walterboro, Walterboro/Colleton County, South Carolina, to fund renovations of the city’s wastewater treatment plant by supporting the expansion of infrastructure for an employer in Walterboro County, South Carolina, a designated Opportunity Zone. The expansion will provide long-term benefits to the local economy in the event of future disasters, providing the region with opportunities to diversify the economy through the attraction of foreign direct investments, and expanding the business of local industries. In addition, the project will create economic resiliency by strengthening the regional economy, supporting private investments, and creating jobs throughout the region. The grantee estimates that this investment will help create 360 jobs and leverage $70,000,000 in private investment.
      • $6,840,865 in 2019 Disaster Supplemental funding, matched by $2,343,500 in local investment, to the City of Lumberton, Lumberton/Robeson County, North Carolina, to fund construction of a critical stormwater infrastructure to improve drainage in the vicinity of the Southeastern Health Facility located in the Tanglewood area of Lumberton City, North Carolina. The project will support the region’s efforts in recovering from the destructions of Hurricane Florence and maintaining business continuity by reducing the area’s vulnerability to future flooding. Once completed, the project will establish reliable accessibility to businesses by mitigating flooding and creating economic resiliency against future disasters. The grantee estimates that this investment will help save 1,800 jobs.
      • $6,745,200 in 2018 Disaster Supplemental funding, matched by $4,427,800 in local investment, to the Cal Poly Corporation/California Polytechnic State University, San Luis Obispo/San Luis Obispo County, California, to support the Cal Poly Corporation with the construction of a facility to expand the Cal Poly Technology Park in San Luis Obispo, California. The project will construct a 30,000 square foot building and install supporting infrastructure to help fill the critical need for capacity in the area, which will lead to the creation of new industries and jobs throughout the region and help contribute to the economic resilience in the face of future natural disasters. The grantees estimate that this investment will help create 150 jobs and leverage $20,000,000 in private investment.
      • $4,408,398 in 2019 Disaster Supplemental funding, matched by $1,102,100 in local investment, to the Northeastern Technical College and the Northeastern Technical College Foundation, Cheraw/Chesterfield County, South Carolina, to fund renovations to a former Winn-Dixie facility by constructing two small additions that will transform the building into the Northeastern Technical College’s Marlboro Campus servicing Marlboro, Dillion, and Chesterfield Counties in South Carolina. The project will support expansion of the diesel, transportation, logistics, manufacturing, and allied health industries by providing a training infrastructure to instruct future workforce and retrain incumbent workers. Once completed, the project will help recovery efforts from the aftermath of a natural disaster by diversifying the local economy and offering a state-of-the art training facility that can create higher paying jobs. The grantees estimate that this investment will help create 310 jobs.
      • $992,576, matched by $248,144 in local investment, to the Town of Seaboard, Seaboard/Northampton County, North Carolina, to support the Town of Seaboard with the rehabilitation and upgrade of a wastewater treatment plant needed to sustain and retain a local manufacturing business in Northampton County, North Carolina. The project will replace the end-stage lagoon liner, construct a transfer pump station, repair the spray-field irrigation, and install a standby generator, which will help modernize and expand operations in the area. Once completed, the project will help save jobs, promote resiliency, support an emerging industrial cluster, and strengthen economic development throughout the region. The grantee estimates that this investment will help save 141 jobs saved and leverage $75,000,000 in private investment.
      • $869,153 in 2019 Disaster Supplemental funding, with no local match, to the Red Cliff Band of Lake Superior Chippewa Indians, Bayfield/Bayfield County, Wisconsin, to support the Red Cliff Band of Lake Superior Chippewa Indians with hiring an economic development coordinator to assist with recovery efforts in Bayfield County, Wisconsin. The coordinator will help develop an economic development strategy, conduct a feasibility study, create master plans for two tribally-owned sites, and implement recovery plans. Once completed, the project will diversify the local economy, promote economic resilience in the face of future natural disasters, and preserve the cultural heritage of the tribe.
      • $250,000, matched by $167,617 in local investment, to the Global Center for Cultural Entrepreneurship, Santa Fe/Santa Fe County, New Mexico, to support the Global Center for Cultural Entrepreneurship with identifying, training, and certifying professionals to deliver workshops for creative-industry entrepreneurs in Santa Fe, New Mexico. The project will help increase workforce readiness and grow innovation-centric jobs for creative entrepreneurs throughout the area. Once completed, the project will provide long-term economic growth, support business development, and create new jobs throughout the region.
      • $151,988 in 2019 Disaster Supplemental funding, matched by $37,997 in local investment, to the Foundation for a Sustainable Community/Institute for Sustainable Development, Alexandria/Alexandria City, Virginia, to support the Foundation for a Sustainable Community dba Institute for Sustainable Development with coordinating a series of eight economic recovery and resiliency workshops that will connect local officials to resources and assist the region in recovering from the 2018 flood that effected Howard, Frederick, and Washington Counties in Maryland. The project will help facilitate public-private partnerships and build working relationships between economic development organizations, Chambers of Commerce, disaster response organizations, and federal agencies to support the establishment of a mitigation and disaster response preparedness plan. Once completed, the project will help protect critical infrastructure from future flooding, create and retain employment opportunities, and enhance economic resilience throughout the region.
    • $2,264,555 in two Public Works projects, matched by $2,264,556 in local investments, as follows:
      • $1,958,555, matched by $1,958,556 in local investment, to the City of Phenix City, Phenix City/Russell County, Alabama, to fund upgrades to the only wastewater treatment plant to provide a critical sewer infrastructure that will accommodate new and expanding industries in Russell County, Alabama, a designated Opportunity Zone. Once completed, the project will increase commercial development opportunities, create jobs, attract private investments, and help strengthen and diversify the regional economy. The grantee estimates that this investment will help create 103 jobs, save 88 jobs, and leverage $8,000,000 in private investment.
      • $306,000, matched by $306,000 in local investment, to the City of Sherrill, Oneida County, New York, to support the City of Sherrill with the upgrade of an electrical substation critical to expanding utility service at the Silver City Industrial Park in Oneida County, New York. The project will increase the transformer’s size, upsize wire to handle the increased load, and install new poles and pole-mounted gang switches for primary switching. Once completed, the project will support business growth, expand manufacturing product development, and increase economic development throughout the region. The grantee estimates that this investment will help create 30 jobs and leverage $2,500,000 in private investment.
    • $326,235 in three Partnership Planning projects, matched by $326,236 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.