Grant

September 27 - 30, 2021

EDA announced 81 investments from September 27-30, 2021, totaling $95,563,711, which is matched by $67,402,855 in local investments.  These investments include the following: (1) $25,106,265 in 10 Economic Adjustment Assistance-COVID-19 Recovery and Resiliency Projects to help alleviate sudden and severe economic dislocation caused by the coronavirus pandemic that will help create 13,566 jobs, save 87,998 jobs, and leverage $2,035,550,000 in private investments; (2) $28,777,497 in 10 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 seven projects for $26,575,272 that will help create 859 jobs, save 12,928 jobs, and leverage $444,600,000 in private investments; (3) $3,135,680 in two Public Works projects to help communities revitalize, expand, and upgrade their physical infrastructure that will help create 245 jobs, save 240 jobs, and leverage $618,000,000 in private investments; (4) $85,000 in two Local Technical Assistance projects to strengthen the capacity of local or state organizations and institutions to undertake and promote effective economic development programs; (5) $1,207,203 in seven Partnership Planning projects to support the development and implementation of the Comprehensive Economic Development Strategy process; and (6) $37,252,066 in 50 Build to Scale projects to support entrepreneurship, acceleration of company growth, and increased access to risk capital across regional economies.

  • $25,106,265 in 10 Economic Adjustment Assistance-COVID-19 Recovery and Resiliency Projects, matched by $8,744,638 in local investments, as follows:
    • $5,103,625, matched by $747,275 in local investment, to the Mobile Airport Authority, Mobile/Mobile County, Alabama, to support the Mobile Airport Authority (MAA) with constructing a multi-use cargo warehouse and hangar facility to assist in the efforts to prevent, prepare for, and respond to coronavirus and its economic injury in Mobile County, Alabama, a designated Opportunity Zone.  The new facility will include a cold storage space to allow for the quick distribution and shipment of food products to any location in the country, which supports the MAA’s comprehensive effort to expand the food processing cluster.  Once completed, the project will aid in the attraction of businesses to the area, bolster job creation, increase private investment, diversify the regional economy, and create 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 50 jobs and leverage $1,500,000 in private investment.
    • $3,800,000, matched by $4,865,000 in local investment, to the University of Michigan-Flint, Flint/Genesee, Michigan, to support the construction of the College of Innovation and Technology (CIT) building in Genesee County, Michigan.  The new 17,000 square foot facility will provide space for high-growth entrepreneurship services along with technology focused workforce development programs designed to encourage collaboration among business partners, community members, university faculty, and students.  The CIT will be a one-stop gateway for businesses to engage high-tech university-based training and research expertise to help businesses and entrepreneurs validate market-ready innovation and recruit career-ready workers to meet the region’s workforce needs.  Once completed, the project will help the region with recovery efforts from the COVID-19 pandemic, promote economic diversification, save and create jobs, spur private investment, and strengthen the regional economy.  The grantee estimates that this investment will help create 126 jobs, save 175 jobs, and leverage $10,350,000 in private investment.
    • $2,800,000, matched by $955,403 in local investment, to the City of Osceola, Osceola/ Mississippi County, Arkansas, to support the construction of water and wastewater improvements necessary to support the growing steel industry in Mississippi County, Arkansas.  The project will consist of diverting wastewater flow from the Elm Street Pump Station to the new Phase 3 pump station to help mitigate pressure on the City’s existing pump stations.  Once completed, the project will help the region with recovery efforts from the COVID-19 pandemic by providing the additional capacity needed to allow business expansion, which will bolster job creation, spur private investment, and advance economic resiliency throughout the region.  The grantee estimates that this investment will help create 100 jobs and leverage $2,000,000,000 (billion) in private investment.
    • $2,787,412, with no local match, to the City of Roswell, Roswell/Chaves County, New Mexico, to support the design and construction of an addition (doghouse) to Hangar 84 at the Roswell Air Center in Chaves County, New Mexico.  The existing hangar door and entrance will be modified to accept a free-standing, attached, addition, which will provide sufficient width and door height to accommodate a Boeing 767 aircraft wingspan and tail height.  Once completed, the project will allow for the expansion of an aerospace maintenance firm, which will help the region with recovery efforts from the COVID-19 pandemic, save and create jobs, increase private investment, and strengthen the regional economy.  The grantee estimates that this investment will help create 45 jobs and save 30 jobs.
    • $2,677,401, matched by $1,300,000 in local investment, to the Economic Resources Corporation/2299 Pacific Avenue LLC, Lynwood/Los Angeles, California, to support the renovation of a 5,900 sq ft building to develop a childcare center for K to 8th grade students in the Wrigley neighborhood of Long Beach, California.  YMCA of Greater Long Beach will operate their school age programs for 75-125 children per day.  Once completed, the project will fill the need for more childcare facilities to help parents returning to work after COVID-19, increase job creation, and advance economic resiliency throughout the region. The grantees estimate that this investment will help create 12 jobs.
    • $2,230,000, with no local match, to the Town of Estill, Estill/Hampton, South Carolina, to support the construction of a wastewater treatment plant and improving the spray field in Hampton County, South Carolina.  The project will support the expansion of a company and sustain business operations in the event of severe weather events by creating resiliency in the public infrastructure.  In addition, the project will provide opportunities to diversify the regional economy through location and expansion of industry in the area.  Once completed, the project will help the region with recovery efforts from the COVID-19 pandemic, create jobs, attract private investment, and advance economic resiliency throughout the region.  The grantee estimates that this investment will help create 30 jobs and leverage $15,000,000 in private investment.
    • $2,200,000, with no local match, to the Arizona Office of Tourism, Phoenix/Maricopa County, Arizona, to support the design and implementation of a multi-dimensional marketing campaign to help Arizona recover from record tourism declines due to the economic disaster of COVID-19.  The project will recoup lost revenue and jobs by attracting income producing meetings and conventions, creating rural and tribal sustainable tourism development, and jumpstarting recovery through a data driven marketing campaign that will trigger increases in visitors and visitor spending.  Once implemented, the project will support the tourism industry, create and retain jobs, and advance economic resiliency throughout the region.  The grantee estimates that this investment will help create 12,500 jobs and save 87,100 jobs.
    • $2,000,000, matched by $500,000 in local investment, to the Northern Maine Development Commission, Caribou/Aroostook County, Maine, to support the Northern Maine Development Commission with increasing its capital to meet the demand for its Revolving Loan Fund (RLF) in Caribou County, Maine.  Once completed, the RLF will provide the necessary affordable, flexible, and patient capital for businesses to respond to the impacts of the coronavirus and be able to sustain operations and growth, which will create and save jobs, increase private investment, and advance economic resiliency throughout the region.  The grantee estimates that this investment will help create 106 jobs, save 124 jobs, and leverage $3,300,000 in private investment.
    • $800,000, matched by $200,000 in local investment, to the Metro Regional Government/Travel Portland, Portland/Multnomah County, Oregon, to support the Metro Regional Government and Travel Portland with promoting the vital tourism sector within the three-county region of Oregon that Metro serves.  Working in close partnership with Travel Portland, Metro will recover lost meeting and convention business due to the COVID-19 pandemic.  The program will provide technical assistance and support to qualifying clients for the purpose of helping them modify existing plans or to develop new plans for holding convention meetings.  Once implemented, the project will support entrepreneurism, create and retain jobs, and strengthen the regional economy.  The grantees estimate that this investment will help create 492 jobs and save 472 jobs.
    • $707,827, matched by $176,958 in local investment, to the City and County of San Francisco, San Francisco/San Francisco County, California, to support the establishment of the Small Business COVID-19 Recovery Program to assist small businesses towards economic recovery by providing critical technical assistance to pivot business models, improve marketing and outreach, build financial resiliency, and reopen safely in San Francisco, California.  Once completed, the project will benefit a designated Opportunity Zone, support specialized technical assistance and recovery planning, insulate small businesses from further economic shocks and build capacity, which will bolster creation, increase private investment, and advance economic resiliency throughout the region.  The grantee estimates that this investment will help create 105 jobs, save 97 jobs, and leverage $5,400,000 in private investment.
  • $28,777,497 in 10 Economic Adjustment Assistance projects, matched by $15,718,277 in local investments, as follows:
    • $9,968,028 in 2019 Disaster Supplemental funding, matched by $2,492,007 in local investment, to the City of Davenport, Davenport/Scott County, Iowa, to support the construction of a flood prevention levy wall and pumping system to protect the regional wastewater treatment facility during future flood and stormwater events in Scott County, Iowa, a designated Opportunity Zone.  The new earthen berm-structure and stormwater-pumping system upgrades will provide the region with reliable and resilient wastewater treatment during major storm and flooding events and maintain the region’s competitiveness during and after natural disasters.  Once completed, the project will assist the region with recovery efforts from the 2019 Severe Storms and Floods, save jobs, and advance economic resiliency throughout the region.  The grantee estimates that this investment will help save 9,272 jobs.
    • $6,000,000 in Assistance to Nuclear Closure Communities, matched by $5,968,863 in local investment, to the Midwest Energy Cooperative/Midwest Energy and Communication/ Village of Cassopolis/Penn Township, Cassopolis/Cass County, Michigan, to support the Midwest Energy Cooperative and its local government partners with constructing the necessary infrastructure to establishing the Southwest Michigan Advanced Research and Technology Park (SMART Park) in Cass County, Michigan. The new 234-acre sustainably designed SMART Park will include access to rail infrastructure and will be marketed to advanced manufacturers in important energy-related sectors such as solar, fiber optics, and data-hosting.  Once competed the project will provide a new resource to transition the region’s economy for when a major regional power plant closes by creating employment opportunities, spurring private investment, and advancing economic resiliency to an area hit hard by the closure of a nuclear power plant.  The grantees estimate that this investment will help create 248 jobs and leverage $14,000,000 in private investment.
    • $3,199,660 in 2019 Disaster Supplemental funding, matched by $3,150,740 in local investment, to the Muscatine Louisa Island Levee District/Muscatine County, Muscatine/Muscatine County, Iowa, to support the Muscatine Louisa Island Levee District and Muscatine County with providing enhanced flood protection to critical infrastructure and businesses located in Muscatine, Iowa.  The project includes partially raising portions of the Muscatine Island Levee System by several inches and hardening potential overtopping points, in anticipation of an overtopping, to prevent a levee breach.  Once completed, the project will provide protection to the Island, make the region more resilient in the face of future flood disasters, save and create jobs, spur private investment, and advance economic resiliency throughout the region.  The grantee estimates that this investment will help create 215 jobs, save 3,598 jobs, and leverage $352,000,000 in private investment.
    • $2,593,900 in Assistance to Coal Communities, matched by $1,276,100 in local investment, to the Harrison County Commission, Clarksburg/Harrison County, West Virginia, to fund the construction of a building for the Harrison County Commission to lease to a new West Virginia manufacturing facility that will utilize coal by-products for clean energy technology in Harrison County, West Virginia.  Once completed, the project will benefit a nearby Opportunity Zone, support the manufacturing industry, bolster job creation, increase private investment, and create 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 200 jobs and leverage $4,000,000 in private investment.
    • $2,400,000 in Assistance to Coal Communities, matched by $600,000 in local investment, to the City of Colstrip, Colstrip/Rosebud County, Montana, to support the Southeastern Montana Development Corporation and the City of Colstrip with constructing a Business Innovation Center in Rosebud County, Montana.  The new facility will help the regional economy recover from coal plant closures and support emerging businesses, provide training to dislocated workers, and provide a center for entrepreneurial activities.  Once completed the project will help the region diversify its local economy, increase entrepreneurship, create jobs, 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 71 jobs and leverage $11,600,000 in private investment.
    • $2,000,000, matched by $500,000 in local investment, to the Northern Maine Development Commission, Caribou/Aroostook County, Maine, to support the Northern Maine Development Commission with increasing its capital to meet the demand for its Revolving Loan Fund (RLF) in Caribou County, Maine.  Once completed, the RLF will provide the necessary affordable, flexible, and patient capital for businesses to respond to the impacts of the coronavirus and be able to sustain operations and growth, which will create and save jobs, increase private investment, and advance economic resiliency throughout the region.  The grantee estimates that this investment will help create 106 jobs, save 124 jobs, and leverage $3,300,000 in private investment.
    • $1,413,684 in 2019 Disaster Supplemental funding, matched by $353,421 in local investment, to the City of Benson, Benson/Swift County, Minnesota, to support the construction of a new flood protection infrastructure that will enhance the reliability and resiliency of critical wastewater treatment services in Swift County, Minnesota.  The project will provide critical protection to the facility during future flood events, like those that affected the city in 2019, and will ensure critical services remain online and resilient in the face of future economic shocks.  Once completed, the project will help increase employment opportunities, save jobs, spur private investment, and advance economic resiliency throughout the region.  The grantee estimates that this investment will help create 20 jobs, save 58 jobs, and leverage $60,000,000 in private investment.
    • $1,350,000, matched by $337,500 in local investment, to the Executive Office of the State of California, Sacramento/Sacramento County, California, to support the Executive Office of the State of California with mitigating job loss by expanding capacity of local economic development and encouraging entrepreneurship.  The project will help strengthen inclusive innovation networks through targeted investments that encourage early-stage investment in startups to bolster economic output in the state of California.  The project will hire Regional Economic Recovery Coordinators and focus on five regions: Central Coast, Inland Empire, Central Valley, North State, and Imperial.  Once completed, the project will benefit designated Opportunity Zones, assist with recovery efforts from the COVID-19 pandemic, promote entrepreneurship and business development, and advance economic resiliency throughout the regional economy.
    • $1,000,000, matched by $1,218,421 in local investment, to the Dumas Economic Development Corporation, Dumas/Moore County, Texas, to support the Dumas Economic Development Corporation with constructing road, water, and sewer infrastructure improvements to the Dumas Business Park, to attract new manufacturing, warehousing, and other businesses to Moore County, Texas.  The project will help the City of Dumas with diversifying its economic base, making it more resilient to the economic cycles of the oil and gas industry that have traditionally dominated the regional economy.  Once completed, the project will increase higher paying job opportunities, support the manufacturing industry, spur private investment, and advance economic resiliency throughout the region.  The grantee estimates that this investment will help create 105 jobs and leverage $3,000,000 in private investment.
    • $711,000, matched by $180,000 in local investment, to the South Carolina Association for Community Development/Increasing HOPE/South Carolina Community Capital, Inc., Charleston/Charleston, West Virginia, to support the South Carolina Association for Community Economic Development, Increasing HOPE, and the South Carolina Community Capital, Inc. with enhancing the Minority Business Development Initiative to help minority-owned businesses rebound from the COVID-19 pandemic and develop greater resiliency in Charleston County, South Carolina.  The project will cultivate an increasing number of qualified entrepreneurs to build businesses that will create new and higher paying jobs and provide wrap-around training.  Once completed, the project will benefit a designated Opportunity Zone, support job creation, and advance economic resiliency throughout the region.
    • $141,225, matched by $141,225 in local investment, to the Southeastern Regional Planning and Economic Development District, Taunton/Bristol County, Massachusetts, to support the development of a Regional Resiliency Plan that will impact the entire Southeastern Regional Planning and Economic Development District Region through the assessment of economic disruption events and associated impacts on all regional and local economic development.  The project will help to establish best practices, strategies, and recommendations for the diversification of the region's industry sectors and workforce skill levels to reduce impacts to various industry sectors and improve regional economic competitiveness.  Once implemented, the plan will prepare businesses remain resilient through any disaster, which will enhance future economic sustainability, strengthen the regional economy, and bolster economic resiliency throughout the region.
  • $3,135,680 in two Public Works projects, matched by $784,100 in local investments, as follows:
    • $1,675,680, matched by $418,920 in local investment, to the City of Twentynine Palms, Twentynine Palms, Bernardino County, California, to support the construction of a Wastewater Package Treatment Plant to address substantial wastewater infrastructure needs that will enhance economic development opportunities for local residents and outside investors in San Bernardino, California.  The Package Treatment Plant will connect 18 directly affected business locations and have the capacity to connect future developments.  Once completed, the project will create and retain jobs, increase private investment, and advance resiliency throughout the reginal economy.  The grantee estimates that this investment will help create 25 jobs, save 200 jobs, and leverage $14,000,000 in private investment.
    • $1,460,000, matched by $365,180 in local investment, to the City of Crossett, Crossett/Ashley County, Arkansas, to support the City of Crossett with completing the East Crossett Sewer Improvement Project, to construct a centralized sewage pump station in Ashely County, Arkansas.  The project will eliminate three smaller pump stations and reduce the hydraulic stresses on the existing collection system in the eastern part of Crossett including the Crossett Industrial Park, commercial area, and the Ashley County Medical Center area.  Once completed, the project will benefit a nearby Opportunity Zone and assist the region with recovery efforts from the COVID-19 pandemic by creating and retaining jobs, increasing private investment, and advancing economic resiliency throughout the region.  The grantee estimates that this investment will help create 220 jobs, save 40 jobs, and leverage $603,000,000 in private investment.
  • $85,000 in two Local Technical Assistance projects, matched by $35,000 in local investments, as follows:
    • $50,000, with no local match, to the Village of Dwight, Dwight/Livingston County, Illinois, to fund the Village of Dwight Economic Recovery Strategy to help the Village form a project advisory steering committee, engage community stakeholders, complete a market analysis, perform a gap analysis to assist in retail growth, and identify potential developers and investors to boost industrial and tourism growth opportunities.  Once completed, the project will provide economic stability, create jobs, and strengthen the local economy. 
    • $35,000, matched by $35,000 in local investment, to the Bridgeport Charter Township, Bridgeport/Saginaw County, Michigan, to support the development of the Bridgeport Charter Township Economic Development Strategic Plan and Commercial Market Study for Bridgeport Township, Michigan.  Once implemented, the strategy will lead to the capitalization on new opportunities and creation of jobs throughout the region.
  • $1,207,203 in seven Partnership Planning projects, matched by $230,000 in local investments, to support the development and implementation of a comprehensive economic development strategy (CEDS).  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.
  • $37,252,066 in 50 Build to Scale projects, matched by $41,890,840 in local investments, as follows: