Grant

May 4 - 10, 2018

  • $2 million in one Public Works project as follows:
    • $2 million to the Saginaw County Road Commission, Saginaw, Michigan, to support the reconstruction and expansion of Dixie Highway, a historic transportation route in Saginaw County, Michigan. The project will promote an increase in road capacity, improve safety and ensure a more efficient flow of commerce, which will attract and bring in new investments, jobs, and related economic activity to diversify and strengthen the regional economy. The grantee estimates that this investment will help create 54 jobs and leverage $6.5 million in private investment.
  • $10,481,220 in three Economic Adjustment Assistance projects as follows:
    • $9.88 million to the Port Authority of New York and New Jersey, New York, New York, to fund the demolition and reconstruction of deteriorating dock infrastructure at the former Marine Ocean Terminal in Bayonne, New Jersey. The proposed project consists of demolishing platforms and bulkheads and reconstructing the interior platforms, piling and appropriate components to allow access to vessels undergoing repairs in the dry dock at the terminal. The investment will protect the shoreline from erosion, stabilize dry dock operations, create jobs, and attract businesses. The grantee estimates that this investment will help create 75 jobs and leverage $19.5 million in private investment.
    • $391,220 to the Bering Sea Fishermen’s Association, Anchorage, Alaska, to fund the creation of the Alaska Ocean Cluster Initiative, which will focus on aligning public, private and academic support toward the long-term, sustainable development of Alaska’s ocean economy, the blue growth strategy. This project will create a roadmap that will lead the transition from oil to a new blue economy, which will foster conditions that support the creation of more, higher paying employment opportunities for the region’s workforce. The grantee estimates that this investment will help create 50 jobs.
    • $210,000 to the University of Hawaii Systems, Honolulu, Hawaii, to fund the purchase of equipment for the Maui Food Innovation Center at the University of Hawaii’s Maui campus. The facility is a product development and manufacturing site for agribusiness and food entrepreneurs. The project will assist with addressing the needs of agricultural workers by supporting entrepreneurship and export development through the creation of a packaging and marketing support center at the University, which will help bolster the food production-to-consumption value chain and support food-business entrepreneurship and innovation throughout the region. The grantee estimates that this investment will help create 32 jobs.
  • $480,000 in three Partnership Planning projects 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.