Grant

October 19 - 23, 2020

  • EDA announced 12 investments from October 19-23, 2020, totaling $39,905,199, which is matched by $20,808,268 in local investments. These investments include the following: (1) $399,804 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) $33,573,495 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 projects for $23,044,523 that will help create 520 jobs, save 634 jobs; and leverage $22,400,000 in private investments; and (3) $5,931,900 in three Public Works projects to help communities revitalize, expand, and upgrade their physical infrastructure, which includes two projects for $4,731,900 that will help create 215 jobs and leverage $185,600,000 in private investments.
    • $399,804 in one Economic Adjustment Assistance-COVID- 19 Recovery and Resiliency Project, matched by $150,000 in local investment, to the University of Utah and the Utah Association of Counties, Salt Lake City/Salt Lake County, Utah, to support the University of Utah and Utah Association of Counties with developing a Rural Opportunity Zone Playbook tool to serve 5 Associations of Governments, 21 Counties and 16 Opportunity Zones in Utah. The Playbook will address strategies for capital attraction into rural economies affected by the COVID-19 crisis and provide the necessary knowledge and training to empower communities to diversify their economies and reduce reliance on any single industry. Once completed, the project will support investments in workforce development, attract high paying remote working opportunities, and promote new business creation, which will help advance economic resiliency throughout the region.
    • $33,573,495 in eight Economic Adjustment Assistance projects, matched by $14,918,268 in local investments, as follows:
      • $16,000,000 in 2019 Disaster Supplemental funding, matched by $4,000,000 in local investment, to the City of New Bedford, the New Bedford Harbor Development Commission, and the New Bedford Port Authority, New Bedford/Bristol County, Massachusetts, to support the City of New Bedford with pier tendering infrastructure improvements to fill the critical need for space expansion and new development opportunities for port operations in Bristol County, Massachusetts, an area hit hard by late winter storms in 2018. The project will repair piers, design, engineer, and construct 32,000 square feet of terminal space to raise intertidal and low-lying land prone to flooding, and build 100 feet of bulkhead, which will provide berthing space for commercial fishing and offshore wind operations. Once completed, the project will support export development, benefit a designated Opportunity Zone, ensure resiliency for continued operations during future weather events, and promote economic growth throughout the region. The grantees estimate that this investment will help create 40 jobs, save 378 jobs, and leverage $4,000,000 in private investment.
      • $7,700,000 in 2019 Disaster Supplemental funding, matched by $8,649,252 in local investment, to the City of Greenville, Greenville/Washington County, Mississippi, to support the City of Greenville with improving its sanitary sewer system to assist with recovery efforts from the 2019 floods that impacted the Washington County, Mississippi region. The project will improve the resiliency of the city’s sewer infrastructure system, including portions of the system located within Opportunity Zones. In addition, the project will help eliminate the concerns of system failure that may result in layoffs and possibly plant closures. Once completed, the project will promote resiliency by mitigating the effects of future flooding events, which will strengthen the regional economy and support economic growth throughout the region.
      • $3,000,000 in 2019 Disaster Supplemental funding, matched by $522,412 in local investment, to the City of Gloucester, Gloucester/Essex County, Massachusetts, to support the City of Gloucester with making flood protection improvements needed to protect the city’s vital seaport in Essex County, Massachusetts, near a designated Opportunity Zone. The project will help with recovery efforts from severe flooding events that impacted the region by providing critical flood protection for the city's Water Pollution Control Facility (WPCF). In addition, the project will support the final design of the flood barrier, permitting, and ultimately construction of the barrier and associated site work, which will protect the WPCF from future flooding events and support the existing fishing industries. Once completed, the project will assist the region with diversifying its economy, bolstering job creation, attracting private investment, and advancing economic resiliency throughout the area. The grantee estimates that this investment will help create 7 jobs, save 15 jobs. and leverage $100,000 in private investment.
      • $2,500,000 in 2019 Disaster Supplemental funding, matched by $653,230 in local investment, to the University of Arkansas Pulaski Technical College, North Little Rock/Pulaski County, Arkansas, to support the University of Arkansas Pulaski Technical College with expanding its Science Building by renovating four additional classrooms to meet the regional demand for skilled workers in the science, technology, engineering, and mathematics (STEM) fields in Pulaski County, Arkansas. The project will help increase the number of skilled workers in the STEM field, and support a robust, highly competitive, modern 21st-century workforce that is vital to the current and future economic development of the region. In addition, the project will assist with recovery efforts from natural disasters, increase economic resiliency, and advance the regional economy.
      • $2,000,000 in 2019 Disaster Supplemental funding, matched by $500,000 in local investment, to the City of Fayetteville, Fayetteville/Washington County, Arkansas, to fund construction of critical infrastructure necessary to support the development of the Commerce District Industrial Corridor in Washington County, Arkansas, located near a designated Opportunity Zone. The project will construct a 2,600-foot street extension to connect South Industrial Drive and South City Lake Road, which will provide access to approximately 47 acres of city-owned land and allow the development of five parcels. Once completed, the project will support the expansion of local manufactures and businesses, help with recovery efforts from natural disasters, increase economic resiliency, create jobs, and strengthen the regional economy. The grantee estimates that this investment will help create 350 jobs and leverage $10 million in private investment.
      • $1,429,075 in 2019 Disaster Supplemental funding, matched by $357,269 in local investment, to the City of Prairie du Chien, Prairie du Chien/Crawford County, Wisconsin, to support the City of Prairie du Chien with mitigating the impact of future flooding events by expanding the availability of a resilient development-ready industrial land at the Gateway Business Park in Crawford County, Wisconsin, a designated Opportunity Zone. The project will expand the Business Park and provide significant improvements to stormwater management capacity in the area, which will help better protect current and future businesses and increase confidence in their ability to maintain operations during future storms. Once completed, the project will help increase resiliency, mitigate the effects of natural disasters, retain and create jobs, attract private investment, and promote economic growth throughout the region. The grantee estimates that this investment will help create 52 jobs, save 241 jobs, and leverage $3,100,000 in private investment.
      • $615,448 in 2019 Disaster Supplemental funding, matched by $153,862 in local investment, to Gulf County, Port of St. Joe/Gulf County, Florida, to fund critical roadway and infrastructure improvements to support a new hangar facility and other development property in Gulf County, Florida. The project will help the region with recovery efforts from Hurricane Michael by enhancing economic diversity and resiliency to support and advance export-led growth. Once completed, the project will serve as a catalyst to spur private investment at the Costin Airport and along Cessna Drive, which will help create advanced manufacturing jobs to strengthen the regional economy and advance economic resiliency throughout the region. The grantee estimates that this investment will help create 71 jobs and leverage $5,200,000 in private investment.
      • $328,972 in 2019 Disaster Supplemental funding, matched by $82,243 in local investment, to the Southwestern Wisconsin Regional Planning Commission, Richland Center, Richland County, Wisconsin, to support the Southwestern Wisconsin Regional Planning Commission and Richland County with developing a disaster recovery and economic resiliency strategy in Grant County, Wisconsin, a designated Opportunity Zone. The project will help with recovery efforts from the 2016 and 2018 floods by creating an economic resiliency plan that will diversify economic opportunities and mitigate the effect of future flooding events. Once completed, the project will help protect critical infrastructure, increase the regional workforce, attract new businesses, and advance economic resilience throughout the region
    • $5,931,900 in three Public Works projects, matched by $5,740,000 in local investments, as follows:
      • $3,000,000, matched by $4,000,000 in local investment, to the Port of Camas-Washougal, Washougal/Clark County, Washington, to fund the construction of a metal prefabricated building to provide industrial workspace for use by manufacturing firms in Washougal, Washington, a designated Opportunity Zone. The project will develop infrastructure that will facilitate the expansion of business enterprises in the region, which will create jobs, attract private investment, and promote the advancement of the manufacturing industry within the region. The grantee estimates that this investment will help create 130 jobs and leverage $10,600,000 in private investment.
      • $1,731,900, matched by $540,000 in local investment, to the University of West Alabama/Industrial Development Authority of Sumter County, Livingston/Sumter County, Alabama, to support the University of West Alabama with dredging to improve barge access at the Port of Epes Industrial Park in Sumter County, Alabama, a designated Opportunity Zone. The project will construct dredge basins and remove silt, sand, and sediment to reach an elevation of 63 feet above mean sea level, which will allow barge traffic to flow within an industrial transport frontage slip. Once completed, the project will promote export development, attract foreign direct investment, support business resilience, and strengthen the regional economy. The grantees estimate that this investment will help create 85 jobs and leverage $175,000,000 in private investment.
      • $1,200,000, matched by $1,200,000 in local investment, to the College of Eastern Idaho, Idaho Falls/Bonneville County, Idaho, to support the College of Eastern Idaho with the design, engineering, and construction of an 80,000 SF career and technical education building in Bonneville County, Idaho. Once completed, the project will advance the workforce and education capabilities in the energy, environment and technology fields, which will promote job creation, attract private investment, and strengthen the regional economy.