Grant

October 5 - 9, 2020

EDA announced 20 investments from October 5-9, 2020, totaling $69,691,464, which is matched by $29,213,136 in local investments. These investments include the following: (1) $1,650,000 in two Economic Adjustment Assistance-COVID-19 Recovery and Resiliency Projects to help alleviate sudden and severe economic dislocation caused by the coronavirus pandemic; (2) $63,984,296 in 13 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 11 projects for $58,508,641 that will help create 642 jobs, save 2,146 jobs; and leverage $143,040,000 in private investments; (3) $3,945,472 in two Public Works projects to help communities revitalize, expand, and upgrade their physical infrastructure that will help create 525 jobs, save 405 jobs, and leverage $300,450,000 in private investments; (4) $31,696 in one Local Technical Assistance project to strengthen the capacity of local or state organizations and institutions to undertake and promote effective economic development programs; and (5) $80,000 in two Partnership Planning projects to support the development and implementation of the Comprehensive Economic Development Strategy process.
- $1,650,000 in two Economic Adjustment Assistance-COVID- 19 Recovery and Resiliency Projects, matched by $375,000 in local investment, as follows:
  - $1,500,000 in one COVID-19 Recovery and Resiliency Economic Adjustment Assistance Project, matched by $375,000 in local investment, as follows:
    - $1,500,000, matched by $375,000 in local investment, to the New Mexico Department of Information Technology, Santa Fe/Santa Fe, New Mexico, to support the New Mexico Department of Information Technology with providing technical assistance for broadband development to local, tribal, and other government entities across New Mexico. The program will offer customized technical assistance to eligible applicants with high needs for broadband infrastructure and services. In addition, the project will support the creation of construction jobs, close the student access gap, and develop local infrastructure projects, which will increase resiliency and help the region recover from the economic effects of COVID-19.
  - $150,000 in one COVID-19 Recovery and Resiliency Project to the following Partnership Planning grantee to provide supplemental financial assistance to update economic development plans and fortify programs to assist communities in responding to the unusual and compelling urgency of the coronavirus pandemic:
    - $150,000 to the Makah Indian Tribe of the Makah Indian Reservation, Neah Bay/Clallam County, Washington to support a supplemental financial assistance award to the Makah Indian Tribe of the Makah Indian Reservation, of Neah Bay, Washington, to help them respond to the unusual and compelling urgency of the coronavirus pandemic.
- $63,984,296 in 13 Economic Adjustment Assistance projects, matched by $26,284,967 in local investments, as follows:
  - $21,900,000 in 2018 Disaster Supplemental funding, matched by $6,100,000 in local investment, to the Virgin Islands Port Authority, Saint Thomas/Saint Thomas County, Virgin Islands, to support the Virgin Islands Port Authority with renovating and expanding the Crown Bay Terminal in St. Thomas County, Virgin Islands. The project will reconstruct the cargo capacity and storage at the Crown Bay Terminal to create an infrastructure that is able to withstand powerful tropical weather events and provide broader resiliency to the Territory’s economy. Once completed, the project will help with recovery efforts from recent hurricanes and the Covid-19 pandemic by creating jobs, attracting private investments, and advancing economic resiliency throughout the region. The grantee estimates that this investment will help create 125 jobs, save 50 jobs, and leverage $6,100,000 in private investment.
  - $7,899,000 in 2019 Disaster Supplemental funding, matched by $1,974,750 in local investment, to the City of Hamburg, Hamburg/Freemont County, Iowa, to support the City of Hamburg with levee infrastructure improvements to mitigate the disastrous effects of the 2019 spring flooding in Fremont County, Iowa. The project will increase the height of the existing levee, grout ballast, extend culverts, install seepage berms, replace a storage shed, and construct closure structures. Once completed, the project will support community and business resiliency, promote innovation, help prevent damage from future natural disasters, and strengthen the regional economy. The grantee estimates that this investment will help create 5 jobs, save 344 jobs, and leverage $340,000 in private investment.
  - $4,697,215 in 2019 Disaster Supplemental funding, matched by $9,150,000 in local investment, to Franklin County, Rocky Mount/Franklin County, Virginia, to fund the construction of a 1.35-mile segment of the Summit View Connector road in Franklin County, Virginia, a designated Opportunity Zone. The project will help the region with recovery efforts from Hurricane Florence and Tropical Storm Michael by constructing a connector road to the Summit View Business Park, which will prevent roadway closures during future flooding events. Once completed, the project will help promote economic resiliency, create jobs, attract private investment, and strengthen the regional economy. The grantee estimates that this investment will help create 83 jobs, save 53 jobs, and leverage $43,100,000 in private investment.
  - $4,190,518 in Assistance to Coal Communities, matched by $2,833,982 in local investment, to the Petersburg Water Company, Petersburg/Pike County, Indiana, to support the Petersburg Water Company with improving its existing water supply infrastructure to create a new well, treatment facility, storage tank, and distribution system in Pike County, Indiana, a designated Opportunity Zone. The improved water system will allow existing businesses to grow and attract new businesses, which will help diversify the regional economy and build resiliency. In addition, the improved water system will benefit local manufacturing companies, promote job creation, and attract private investment to an area that has been impacted by the decline in the coal industry. The grantee estimates that this investment will help create 27 jobs, save 70 jobs, and leverage $19,600,000 in private investment.
  - $4,000,000 in 2019 Disaster Supplemental funding, matched by $1,000,000 in local investment, to the Town of Exmore, Northampton/Exmore County, Virginia, to support the Town of Exmore with constructing a new wastewater treatment plant in Northampton County, Virginia. The project will help the region with recovery efforts from severe storms and floods by constructing a plant that consist of dual sequencing batch reactors, a post equalization tank, two aerobic digesters, a tertiary filtration system, and UV disinfection. Once completed, the project will help promote resiliency by mitigating the effects of future flooding events, which will strengthen the regional economy and create jobs. The grantee estimates that this investment will help create 116 jobs and save 475 jobs.
  - $3,880,000 in Assistance to Coal Communities, matched by $970,000 in local investment, to the Kentucky Community and Technical College System and the Hazard Community and Technical College, Versailles/Woodford County and Hazard/Perry County, Kentucky, to fund renovations to an existing technological building to house the Hazard Community and Technical College’s Center of Manufacturing Excellence in Hazard County, Kentucky, a designated Opportunity Zone. The project will help advance the manufacturing and construction industries by offering electrical programs with upgraded facilities and high-tech equipment, which will better prepare graduates for entry into the electrical field. Once completed, the project will help support job retention, create new opportunities and attract private investment to an area that has been impacted by the decline in the coal industry. The grantees estimate that this investment will help save 610 jobs.
  - $3,600,000 in 2019 Disaster Supplemental funding, matched by $900,000 in local investment, to the City of Dayton, Dayton/Montgomery County, Ohio, to fund the purchase of backup generators to maintain the flow of safe water during disaster events in Dayton, Ohio. The project responds to the devastating 2019 Memorial Day tornadoes that caused residential, commercial, and institutional users to be left without access to waterflow for 72 hours, which disrupted business and healthcare operations in the area. Once completed, the project will ensure the City's resilience in the face of future disasters by increasing water system reliability, which will help promote business expansion to strengthen the regional economy.
  - $3,241,600 in 2019 Disaster Supplemental funding, matched by $810,400 in local investment, to the Town of Beverly, Beverly/Randolph County, West Virginia, to support the Town of Beverly with infrastructure improvements to its wastewater collection system, to address post-disaster economic recovery from the 2019 storms that impacted the region in Randolph County, West Virginia. The project is designed to greatly reduce the inflow and infiltration of floodwaters from entering the system and upgrading the pump station to increase pumping rates and prevent surcharges, which will help mitigate the effects of future flooding events, near a designated Opportunity Zone. Once completed, the project will benefit the expansion of a large manufacturing employer, retain and create jobs, promote economic resiliency, attract private investment, and strengthen the regional economy. The grantee estimates that this investment will help save 499 jobs and leverage $23,400,000 in private investment.
  - $3,000,000 in 2019 Disaster Supplemental funding, no local match, to the Thlopthlocco Tribal Town, Okemah/Okfuskee County, Oklahoma, to support the Thlopthlocco Tribal Town with providing critical infrastructure necessary for disaster response in Okfuskee County, Oklahoma. The project will help the tribe with recovery efforts from the 2018 and 2019 flash flooding events by providing domestic water and sewer infrastructure that will support business attraction and expansion, including the construction of a Social Services facility, outdoor pavilion facility, and community development infrastructure. Once completed, the project will help mitigate the effects of future flooding events, promote economic diversification, increase resiliency, bolster job creation, attract private investment and strengthen the regional economy. The grantee estimates that this investment will help create 75 jobs, save 45 jobs, and leverage $10,000,000 in local investment.
  - $2,610,823 in 2019 Disaster Supplemental funding, matched by $652,706 in local investment, to Jefferson County, Fairbury/Jefferson County, Nebraska, to fund infrastructure improvements to construct a reliable access road to Jefferson County’s largest employer in Nebraska. The project will assist with recovery efforts from recent floods by creating a resilient roadway outside of the region’s floodplain. Once completed, the project will help to mitigate the effects of future flooding events, which will allow for business expansion, job creation, attract private investment, and advance economic resiliency throughout the region. The grantee estimates that this investment will help create 30 jobs and leverage $29,500,000 in private investment.
  - $1,875,655 in 2019 Disaster Supplemental funding, matched by $1,380,220 in local investment, to the City of Valentine, Valentine/Cherry County, Nebraska, to support the City of Valentine with much needed water infrastructure improvements to mitigate the disastrous effects of flooding during the 2019 severe storms in Cherry County, Nebraska. The project will procure engineering services, trench dirt, replace pavement, and construct storm sewer lines in a ten-block area with few existing storm sewer pipes. Once completed, the project will help prevent future flooding, promote business and community resiliency, create safer detours for traffic access, and strengthen the regional economy.
  - $1,871,485 in 2018 Disaster Supplemental funding, matched by $207,943 in local investment, to the Pemiscot County Port Authority, Caruthersville/Pemiscot County, Missouri, to support the Pemiscot County Port Authority with making port infrastructure improvements to fill the critical need for expanded facilities in Pemiscot County, Missouri. The project will elevate land adjacent to the harbor, which will help retain an existing soybean crush tenant. The project will also construct a new road for better port access during high-water events by using fill material from the port’s dredge basin. Once completed, the project will create jobs, promote business expansion, support long-term resilience to mitigate the effects of natural disasters, and strengthen the regional economy. The grantee estimates that this investment will help create 63 jobs and leverage $11,000,000 in private investment.
  - $1,218,000 in Assistance to Coal Communities, matched by $304,966 in local investment, to the Central West Virginia Regional Airport Authority, Charleston/Kanawha County, West Virginia, to support the Central West Virginia Regional Airport Authority with conducting infrastructure improvements at the Yeager Aviation Business Park within the Central WV Regional Airport in Kanawha County, West Virginia, near a designated Opportunity Zone. The project will extend sewer pipes and related appurtenances and construct an apron that will directly support the expansion of a new aerospace business park and opening of the new Marshall University Pilot Certification School. Once completed, the project will create jobs, increase economic resiliency, and attract private investment to an area that has been impacted by the decline in the coal industry. The grantee estimates that this investment will help create 118 jobs.
- $3,945,472 in two Public Works projects, matched by $2,441,473 in local investments, as follows:
  - $2,000,000, matched by $500,000 in local investment, to the City of Jonesboro, Jonesboro/Craighead County, Arkansas, to fund rail infrastructure improvements at the City of Jonesboro Industrial Park to expand the flow of rail traffic through the park, commercial, and surrounding area in Craighead, Arkansas, a designated Opportunity Zone. The project will construct additional storage tracks and relocate a rail switch, which supports the advancement of the manufacturing industry within the region. Once completed, the project will create and save jobs, attract private investment, and strengthen the regional economy. The grantee estimates that this investment will help create 125 jobs, save 405 jobs, and leverage $450,000 in private investment.
  - $1,945,472, matched by $1,941,473 in local investment, to Davidson County, Lexington/Davidson County, North Carolina, to fund the construction of a new stormwater detention pond and a storm drainage outfall line from the storm drainage collection system of Egger Parkway in Davidson County, North Carolina. The project will provide a resilient stormwater system to assist industrial and manufacturing businesses to start-up or expand their operations, including the expansion of a leading wood manufacturing company. Once completed, the project will create jobs, increase economic resiliency, attract private investment, and promote the advancement of the manufacturing industry within the region. The grantee estimates that this investment will help create 400 jobs and leverage $300,000,000 in private investment.
- $31,696 in one Local Technical Assistance project, matched by $31,696 in local investment, to the Pan American Development Foundation, Washington, District of Columbia, to support the Pan American Development Foundation, a 501(c)(3) affiliate of the Organization of American States (OAS), in collaborating with the General Secretariat of the OAS, who will support the preparations of the Americas Competitiveness Exchange (ACE) tours in the United States. This award is limited to activities related to the ACE events scheduled to take place in the following locations in Colorado: Jefferson County, City and County of Denver, El Paso County, and Colorado Springs. The ACE program brings together decision-makers to explore global and regional partnerships, establish global commercial relationships, and identify foreign direct investment opportunities in the United States.
- $80,000 in two Partnership Planning projects, matched by $80,000 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.