October 18 - 22, 2021

EDA announced five investments from October 18-22, 2021, totaling $9,695,965, which is matched by $3,903,046 in local investments.  These investments include the following: (1) $840,400 in one Economic Adjustment Assistance-COVID-19 Recovery and Resiliency Project to help alleviate sudden and severe economic dislocation caused by the coronavirus pandemic; (2) $6,855,565 in three 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 two projects for $5,710,565 that will help create 90 jobs, save 7 jobs, and leverage $8,000,000 in private investments; and (3) $2,000,000 in one American Rescue Plan Economic Adjustment Assistance project to help communities nationwide respond to and recover from the devastating impacts to the economy caused by the COVID-19 pandemic that will help create 300 jobs and leverage $250,000,000 in private investment.

• $840,400 in one Economic Adjustment Assistance-COVID-19 Recovery and Resiliency Project, matched by $840,400 in local investment, as follows:
  • $840,400, matched by $840,400 in local investment, to Alameda County, Oakland/Alameda County, California, to support the establishment of the Resilient East Bay cluster development strategy in California.  The project will deliver several development strategies to support the East Bay economy's recovery from significant disruptions caused by the COVID-19 pandemic by strengthening and supporting driving industries, including manufacturing, transportation, distribution, and logistics (TDL), and biotechnology/life science.  Once completed, the project will increase higher paying job opportunities, spur private investment, and advance economic resiliency throughout the region.
• $6,855,565 in three Economic Adjustment Assistance projects, matched by $1,662,646 in local investments, as follows:
  • $3,712,568 in 2019 Disaster Supplemental funding, matched by $1,153,756 in local investment, to the City of Winona, Winona/Montgomery County, Mississippi, to support the City of Winona with increasing water pressure and supply and providing a backup supply of clean water during emergencies to assist with recovery efforts from the 2019 floods that impacted the Montgomery County, Mississippi region.  Three bridges washed out, including at the Winona-Montgomery County Airport (Stafford Wells Road), which is a vital economic generator for this rural city.  It also caused numerous sewer manhole overflows throughout the city, spilling raw sewage into the natural environment.  The project will drill a new deep water well and install a 250,000-gallon elevated water tank, which will be located in the southeast corner of the intersection of US Highway 82 and Interstate 55 (55/82 corridor), which has a ground elevation of about 465 feet.  Once completed, the project will enhance water infrastructure serving the city, boost economic resiliency, and create jobs, which will strengthen the regional economy and support economic growth throughout the region.  The grantee estimates that this investment will help create 15 jobs and leverage $8,000,000 in private investment.
  • $1,199,997, matched by $222,219 in local investment, to the Wichita State University, Wichita/Sedgwick County, Kansas, to fund the purchase of key tools and supplies needed to support the establishment of a Flight Test Research Center (FTRC) and a Maintenance, Repair, and Overhaul (MRO) Facility for the National Institute for Aviation Research (NIAR) at Wichita State University in Wichita, Kansas.  The FTRC will support small businesses and entrepreneurs with access to a non-profit, public university-based flight testing and aviation research center to help advance new technologies.  Once completed, the project will help increase resiliency by enabling the regional aviation industry cluster to more efficiently and effectively pivot operations to address current and future changes in the aviation industry, such as the ongoing economic impacts to aviation as a result of the coronavirus pandemic.  The grantee estimates that this investment will help create 75 jobs and save 7 jobs.
  • $1,143,000, matched by $286,671 in local investment, to the Connected DMV/Federal City Council/Consortium of Universities of Washington Metropolitan Area/Metropolitan Washington Council of Governments, Arlington/Arlington County, Virginia (Project: Washington, DC), to support Connected DMV’s “DMV Regional Equity and Growth Playbook”, to help align the region on a single, integrated plan that identifies desired outcomes, impacts, and metrics for addressing regional infrastructure, economic growth, and social equity needs.  The playbook will consist of strategies, methods, and toolkits that will be used to deliver the outcomes, enable the region to operate at its full potential, and fill the ravine that separates the marginalized communities and vulnerable populations from full, equitable economic access and participation.  Once completed, the project will bolster job creation, spur private investment, and diversify the local economy.
• $2,000,000 in one American Rescue Plan-Economic Adjustment Assistance project, matched by $1,400,000 in local investment, as follows:
  • $2,000,000, matched by $1,400,000 in local investment, to the Morgantown Utility Board, Morgantown/Monongalia County, West Virginia, to support the Morgantown Utility Board with constructing a water extension to serve a new beverage processing and packaging facility located at the Morgantown Industrial Park in Monongalia County, West Virginia.  The project will provide adequate water capacity to operate the new beverage facility, which will require 700 gallons per minute/24 hours a day.   Once completed, the project will support the manufacturing industry, bolster job creation, spur private investment, and advance economic resiliency to an area that has been impacted by the decline in the coal industry.  The grantee estimates that this investment will help create 300 jobs and leverage $250,000,000 in private investment.