Grant

September 9 - 13, 2019

  • EDA announced 22 investments from September 9-13, 2019, totaling $7,599,993, which is matched by $4,554,120 in local investments. These investments include the following: (1) $4,224,521 in five 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 $3,487,764 that will help create 125 jobs, save 200 jobs, and leverage $29,000,000 in private investments; (2) $1,865,909 in four Public Works projects to help communities revitalize, expand, and upgrade their physical infrastructure that will help create 110 jobs, save 284 jobs, and leverage $19,567,334 in private investments; (3) $1,152,500 in nine Partnership Planning projects to support the development and implementation of the Comprehensive Economic Development Strategy process; (4) $227,178 in two Technical Assistance University Center projects to make the varied and vast resources of universities available to the economic development practitioner community; and (5) $129,885 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.
    • $4,224,521 in five Economic Adjustment Assistance projects, matched by $1,634,135 in local investments, as follows:
      • $1,864,462 in 2018 Disaster Supplemental funds, matched by $725,068 in local investment, to the city of West Plains, West Plains/Howell County, Missouri, to fund construction of the Burton Branch, South Fork of Howell Creek, and Galloway Creek storm water detention basins in Howell County to mitigate storm water peak flow volumes during rain events. Once completed, the project will provide new infrastructure that will reduce the negative impacts of heavy rainfall and flooding, which will create a resilient local economy that retains and increases job opportunities throughout the region. The grantee estimates that this investment will help create 25 jobs, save 200 jobs, and leverage $4,000,000 in private investment.
      • $1,623,302 in 2018 Disaster Supplemental funds, matched by $491,230 in local investment, to the Emanuel County Development Authority, Swainsboro/Emanuel County, Georgia, to fund construction of water and sewerage system improvements needed to support business growth in a designated Opportunity Zone in Emanuel County. The project will serve a sawmill under construction, a proposed spin-off pallet manufacturing plant, and the remainder of undeveloped property in an industrial park south of Swainsboro. Once completed, the project will help promote growth and economic development by increasing investment, employment, and economic diversity throughout the region. The grantee estimates that this investment will help create 100 jobs and leverage $25,000,000 in private investment.
      • $446,757, matched by $297,837 in local investment, to the Maine Development Foundation, Hollowell/Kennebec County, Maine, to support the development of a program focused on strengthening community economic development capacity and facilitating small business growth and diversification. The project will assist 10 rural Maine communities negatively impacted by mill closures and declines in Maine’s forest economy, which will help these communities rebuild an economic resilience ecosystem that will attract private investment and create jobs.
      • $170,000, with no local match, to the Big Valley Band of Pomo Indians, Lakeport/Lake County, California, to fund a feasibility study to provide the Big Valley Band of Mission Indians with determining the viability of a commercial center in Lake County. Once completed, the study will provide a plan for capitalizing on new opportunities in workforce development for the tribal members, which will lead to the creation of jobs and businesses throughout the region.
      • $120,000, matched by $120,000 in local investment, to the Baltimore Development Corporation, Baltimore/Baltimore City, Maryland, to support the development and implementation of a comprehensive economic development strategy (CEDS) in the Baltimore City region. The strategy will help stabilize and diversify the economy by focusing on an innovation-based approach that leverages current assets, identifies new opportunities, and builds on a highly trained workforce. Once completed, the project will bring together the public and private sectors to strengthen the regional economy.
    • $1,865,909 in four Public Works projects, matched by $1,699,004 in local investments, as follows:
      • $656,231, matched by $649,078 in local investment, to the Grenada County Board of Supervisors, Grenada/Grenada County, Mississippi to fund infrastructure improvements to help businesses expand within the Grenada County Business and Technology Park in Grenada. The improvements include lighting, water and sewer lines, an access road, and storm drainage to support the expansion of a logistics firm in the industrial park. Once completed, this project will support workforce development, encourage private capital investment, and strengthen the regional economy. The grantee estimates that this investment will help create 30 jobs, save 84 jobs, and leverage $6,000,000 in private investment.
      • $477,738, matched by $589,076 in local investment, to the city of Eagle River and Eagle River, City of Trade Style-Municipal Utility, Eagle River/Vilas County, Wisconsin, to fund the installation of a back-up electric transformer and related equipment, to provide redundant power to the city of Eagle River. The project will provide Eagle River’s business community with a long-term source of reliable power capacity, which will help support the development of new businesses in a designated Opportunity Zone and create employment opportunities throughout the region. The grantees estimate that this investment will help save 200 jobs.
      • $375,000, matched by $222,890 in local investment, to the Blackfeet Tribal Business Council, Browning/Glacier County, Montana, to amend an existing grant to support site development and construction of a commercial building—the StarLink Administration Headquarters, in a designated Opportunity Zone in Browning. The additional funds will help build the new facility that will house the administrative headquarters for the Tribe’s broadband project, as well as retail space for new and expanding broadband-related services. The grantee estimates that this investment will help create 5 jobs and leverage $67,334 in private investment.
      • $356,940, matched by $237,960 in local investment, to the city of Sylvania and the Screven County Industrial Development Authority, Sylvania/Screven County, Georgia, to fund infrastructure upgrades that is critical for expanding natural gas production in Screven County, to support a poultry processing and shipping facility by extending the distribution system to the Screven County Industrial Park. The project will help lead to long-term economic growth and an increase in sustainable job opportunities throughout the region. The grantees estimate that this investment will help create 75 jobs and leverage $13,500,000 in private investment.
    • $1,152,500 in nine Partnership Planning projects, matched by $916,250 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.
    • $227,178 in two Technical Assistance University Center projects, matched by $245,171 in local investments, to support a five-year University Center (UC) program, which is a competitively-based partnership between EDA and academic institutions that makes the varied and vast resources of universities available to the economic development practitioner community.
    • $129,885 in two Local Technical Assistance projects, matched by $59,560 in local investments, to strengthen the capacity of local or state organizations and institutions to undertake and promote effective economic development programs through projects such as feasibility studies, impact analyses, disaster resiliency plans, and project planning.