Grant

May 20 - 24, 2013

$20 million in FY 2012 Disaster Relief Opportunity funds to the City of Joplin and Joplin Redevelopment Corporation, Inc., Missouri, to support construction of critical infrastructure necessary to redevelop the city’s 20th street corridor. This project, which includes a new public library and community resource center, constitutes an integral part of Joplin’s mixed-use retail/residential/dining/entertainment long-term master plan for recovery from the devastating tornado of May 22, 2011. This project also supports green development initiatives and makes the city an attractive place for prospective investors, employees, and residents. This investment is part of a $25 million project.
$4,718,017 in FY 2012 Disaster Relief Opportunity funds to the Chenango County Industrial Development Agency, Norwich, New York, to support the revitalization of the Chenango County Rail system, which was extensively damaged from flooding in 2011 by Tropical Storm Lee and Hurricane Irene. Restoration of the rail system will resume access to freight and industrial transportation to businesses throughout Chenango County making it more competitive and cost effective to small businesses still recovering from the natural disasters. Overall, the improvements will help create job opportunities and attract new businesses to the area and help make the rail system more resilient to future disasters. This investment is part of a $5,997,509 project.
$799,944 in FY 2012 Disaster Relief Opportunity funds to the City of Sunbury Municipal Authority, Sunbury, Pennsylvania, to support the construction of storm water and sewer infrastructure to update the current inadequate storm water conveyance system, which was overwhelmed by flooding from Tropical Storm Lee in September 2011. Improvements to the system will help protect major businesses and critical infrastructure, such as an electrical substation serving the entire Sunbury community and a fiber optic amplification facility, from future disasters and create a resilient community. This investment is part of a $1.346 million project that the grantee estimates will retain 200 jobs.
$196,468 in FY 2012 Disaster Relief Opportunity funds to the Northwest Wisconsin regional Planning Commission, Spooner, Wisconsin, to fund a strategy for the protection of businesses and employers in the city of Jasper and Taylor County from events similar to or even worse than the 2010 flooding of the Yellow River. Economic developers and engineers will access the study to make site selections for future business locations. The similarities between Taylor County and the nine other counties in the Northwest Wisconsin EDD, as well as EDDs throughout Wisconsin, will allow wider use of the data inputs from this study. This investment will help Wisconsin capitalize on its competitive strengths, assist in the region’s long-term recovery efforts, and promote disaster resiliency. This investment is part of a $245,600 project.
$115,000 in FY 2012 Disaster Relief Opportunity funds to the Vermont Technical College, Randolph Center, Vermont, to provide technical assistance, in conjunction with loan opportunities and products offered through the Vermont Economic Development Authority (VEDA), to businesses affected by the 2011 natural disasters. Providing these services will help these disaster-impacted businesses with long-term recovery, prevent long-term losses, particularly for Vermont’s brand of small businesses, which typically are locally owned and independently-operated with less than 20 employees, and promote long-term recovery and resiliency in the region. This investment is part of a $156,404 project.