New Investments

July 19 - 23, 2010

$6,664,500 in disaster recovery funds to the WestGate@Crane Authority and the Southern Indiana Development Commission, Loogootee, Indiana, to fund acquisition of a 12-acre site in the WestGate@Crane Technology Park necessary for construction of a mixed-use facility. The new facility will house an incubator and a conference and training center to serve start-up and early-stage companies and firms expanding their technology capacity. In addition, the facility will provide training for employees in existing manufacturing businesses to qualify them for higher-wage jobs in the emerging research and development and high-technology sectors. This investment is part of an $8.886 million project that the grantee estimates will create 255 jobs and generate $10.9 million in private investment.

$4.6 million in disaster recovery funds to the Economic Council of St. Louis County, Missouri, to support construction of a greenhouse and incubator facility at the Danforth Plant Science Center in St. Louis County. The project will foster innovation and facilitate the commercialization of new technologies in the plant and life sciences industry. By supporting the emerging plant and life sciences industry cluster, this project will assist the region's ongoing recovery efforts following the devastating Midwest floods of 2008. This investment is part of $15.5 million project that the grantee estimates will create 1,100 jobs and generate $50 million in private investment.

$1 million to the Bee Development Authority, Beeville, Texas, to support renovation of two existing airplane hangars and the construction of an adjacent warehouse at the former Chase Naval Air Station in Beeville, Texas. This project will allow for the expansion of an existing aeronautics operation on the site, creating additional opportunities for high skilled jobs in the area. This investment is part of a $1.3 million project that the grantee estimates will create 250 jobs, save 160 jobs, and generate $8 million in private investment.

$663,375 to the city of Kendallville, Indiana, to fund construction of infrastructure improvements in the Kendallville Eastside Industrial Park in Kendallville. These improvements, including roadway and storm sewer repair and appurtenances, will address deficiencies of the park that have existed for years by providing adequate service roads to accommodate growth in existing businesses and attract new industry to the region. This investment is part of a $1,326,750 project that the grantee estimates will create 370 jobs and generate $42 million in private investment.

$450,000 (Gulf Coast Oil Disaster 2010) to the South Central Planning and Development Commission, Houma, Louisiana, to recapitalize a Revolving Loan Fund (RLF) administered by the South Central Planning and Development Commission, which serves Assumption, Lafourche, St. Charles, St. James, St. John the Baptist, and Terrebonne parishes. The recapitalized funds will provide loan assistance to small businesses disrupted by the BP oil spill and assist in the area's economic recovery efforts. This investment is part of a $562,500 project.

$357,350 to Stone County, Mississippi, to construct an asphalt-surfaced roadway to serve new and existing industry in Stone County. The new roadway will improve access and allow utilization of the region's timber resources for production of alternative energy products. This investment is part of a $714,700 project that the grantee estimates will create 50 jobs and generate $8 million in private investment.

$233,354 (Gulf Coast Oil Disaster 2010) to the Greater New Orleans Development Foundation, Louisiana, to fund an objective, comprehensive economic impact analysis of the BP Oil Spill on the Greater New Orleans region. The successful completion of this study will provide critical information necessary to guide the economic recovery process. This investment is part of a $292,000 project.

$200,000 (Gulf Coast Oil Disaster 2010) to the St. Bernard Economic Development Foundation, Louisiana, to support a workforce development study to assist the St. Bernard Economic Development Foundation in designing and implementing a training program for workers in the fishing, boating, and related industries who have been displaced as a result of the BP oil spill. This study will determine the best practices for retraining displaced workers and provide assistance to local businesses seeking to retain, retrain, or absorb employees impacted by the oil spill. This investment is part of a $251,216 project.

$177,362 to Sevier County and the city of Sevierville, Tennessee, to fund sewer system improvements necessary to accommodate construction of a new plant for Lisega, Inc., a German-based international company specializing in the design and manufacture of an innovative system of modular pipe supports. The new industry will help diversify the region and bring new high-skill, high-wage jobs and private investment to the region. This investment is part of a $354,725 project that the grantee estimates will create 150 jobs and generate $15.3 million in private investment.

July 12 - 16, 2010

$2 million to the city of Alamo, Georgia, to fund construction of infrastructure improvements needed to increase the capacity of Wheeler County's wastewater treatment facilities. The improved and expanded facilities will encourage future business and industrial growth in the region and accommodate expansion of existing businesses. This investment is part of a $6.537 million project that the grantee estimates will create 75 jobs, save 288 jobs, and generate $30 million in private investment.

$1.5 million from EDA’s Global Climate Change Mitigation Incentive Fund to Bethel University, Huntingdon, Tennessee, to construct a medical training facility at Bethel University in Huntingdon. The new LEED-certified building will enable the University to expand its nursing and physician assistant training programs while growing the regional medical cluster. This investment is part of a $5,400,474 project that the grantee estimates will create 492 jobs and generate $24.9 million in private investment.

$1,233,232 to the state of New Mexico, Santa Fe, to fund a feasibility study for a new Bi-National Rail Bypass at Santa Teresa in Dona Ana County. The study will determine the environmental, engineering, and financial feasibility of making improvements to the state's freight rail system, as well as the long-term impact of proposed rail upgrades on international trade, security, and time in transit of materials to and from Mexico. This investment is part of a $1.8 million project.

$328,000 to the town of Fairfax, South Carolina, to construct critical water system improvements to accommodate the needs of existing businesses and support economic growth and development in the town of Fairfax and the surrounding region. This investment is part of a $963,700 project that the grantee estimates will create 25 jobs, save 200 jobs and generate $3 million in private investment.

June 19 - 25, 2010

$5,979,094 in disaster recovery funds to the University of Wisconsin, Whitewater, Wisconsin, to fund a new entrepreneur support network to serve a six-county region of Southern Wisconsin and Northern Illinois. The cross-state network will provide research, commercial development, and training support for entrepreneurs from idea inception to successful business operation and growth. Across the region, the severe impact of the 2008 Midwest floods was exacerbated by auto manufacturing plant closures and layoffs by many of the region's other major employers. By promoting new business development, this project will enhance the region's ongoing recovery efforts. This investment is part of a $10,098,299 project that the grantee estimates will create 528 jobs and generate $90 million in private investment.

$5.5 million in disaster recovery funds to the city of Cedar Falls, Iowa, to construct critical infrastructure, including utility extension, rail spur construction, and roadway improvements, to serve the planned Northern Cedar Falls Industrial Park. The city was severely impacted by the Midwest floods of 2008, and the new industrial park will serve businesses that need to relocate out of flood-prone areas. The park will also generate an opportunity for new economic development activity by creating scarce rail accessible lots. This investment is part of a $10.32 million project.

$3,165,771 in disaster recovery funds to the Community Redevelopment Agency of Los Angeles, California, to fund design and construction of road improvements in the Sun Valley region of Los Angeles. This project will prepare key transportation corridors, critical to emergency response during the November 2008 wildfires, for future emergencies and improve the region's competiveness in attracting new investment and employment opportunities. This investment is part of a $4,221,028 project that the grantee estimates will create 45 jobs, save 100 jobs, and generate $10 million in private investment.

$2,275,030 to the Danville-Pittsylvania Regional Industrial Facility Authority, Danville, Virginia, to fund construction of infrastructure improvements to selected sites in the Cane Creek Centre, a 900-acre industrial park located within the Danville city limits in Pittsylvania County. The improvements will address the need for large, shovel-ready sites for development of new industry; accommodate growth of existing businesses; create jobs; and attract private investment. This investment is part of a $2,843,788 project that the grantee estimates will create 500 jobs and generate $27 million in private investment.

$2.5 million to BioBAT, Inc., Brooklyn, New York, to fund construction of wet lab space, offices, and infrastructure needed to redevelop a location in the Brooklyn Army Terminal. Although the City of New York and King’s County have most of the resources needed for growing a strong biotechnology cluster, there is a shortage of appropriate facilities. This project will provide space for mid-stage and expanding biotechnology and manufacturing firms and bring 21st century growth to the region. The applicant, Bio-BAT, a non-profit organization, has two members, the Research Foundation of the State of New York and the New York City Economic Development Corporation. This investment is part of a $6 million project that the grantee estimates will create 128 jobs and generate $20 million in private investment.

$2.5 million to the Brooklyn Navy Yard Development Corporation, Brooklyn, New York, to fund renovation of currently unusable space at the Brooklyn Navy Yard for reuse as a multi-tenant green manufacturing center. The Navy Yard space is highly desirable because much of the region's manufacturing space has been converted to residential use. The green collar jobs created by the new and emerging companies will benefit the King County region. This investment is part of a $5.5 million project that the grantee estimates will create 300 jobs and generate $4.4 million in private investment.

$2 million to the city of Dalles, Oregon, to fund improvements to the historic marine terminal on the Columbia River in the Dalles. The improvements will provide a variety of opportunities for intermodal transportation of goods. This project will support commercial and industrial access to the global marketplace and create opportunities for long-term economic growth in the Mid-Columbia region. This investment is part of a $4 million project that the grantee estimates will create 62 jobs and generate $6 million in private investment.

$2 million to the city of Lowell, Massachusetts, to construct infrastructure necessary for redevelopment of the Hamilton Canal District. The project, including demolishing and replacing the Revere Street Bridge, improvements to Revere Street, and reconstruction of Jackson Street, are essential to the economic recovery of the Canal District and extending Lowell National Historic Park. This investment is part of a $4 million project that the grantee estimates will create 215 jobs and generate $55 million in private investment.

$2 million in disaster recovery funds to the town of Madawaska, Maine, to construct critical improvements to the town's wastewater treatment system to repair damage caused by the May 2008 flooding of the St. John River. The construction will protect the wastewater system from future flooding, retain local jobs, and prevent costly shutdowns of the paper mill and other businesses. This investment is part of a $3.225 million project that the grantee estimates will save 150 jobs.

$1.855 million to the city of Apalachicola, Florida, to construct additions and critical infrastructure at the Scipio Creek Boat Basin in Franklin County. The construction is critical to save the region's seafood industry, which is the mainstay of this rural county and was severely impacted by Tropical Storm Fay. This project will provide a long-term regional boost to the fishing industry cluster, which markets its products to national and international markets. This investment is part of a $2,490,596 project that the grantee estimates will save 44 jobs.

$1,776,846 in disaster recovery funds to the city of Lawrenceville, Illinois, to fund construction of water, sewer, and roadway infrastructure for a city-owned business park. The improvements will attract new development to the park and the region, which was severely impacted by flooding in 2008. This investment is part of a $2,369,128 project that the grantee estimates will create 198 jobs and generate $4.7 million in private investment.

$1,598,250 in disaster recovery funds to the Barberton Community Development Corporation and the city of Barberton, Ohio, to construct infrastructure and roadway improvements for the Lakeside Innovation Business Park. The project will create much needed industrial sites outside the city's flood plain and speed the region's economic recovery from the 2008 floods, while making it more resilient to future natural disasters. This investment is part of a $2.131 million project that the grantee estimates will create 480 jobs and generate $23.2 million in private investment.

$1,541,200 to the Borough of Paulsboro, New Jersey, to support construction of a water storage tank and other critical infrastructure necessary for redevelopment of the Borough of Paulsboro and the Port of Paulsboro, the brownfield site of a closed oil refinery complex. The improved site will feature a new, modern port facility, a solar power facility, and an industrial park, all contributing to long-term economic recovery of the region. This investment is part of a $1,926,500 project that the grantee estimates will create 500 jobs and generate $50 million in private investment.

$1,509,536 to the Enterprise Center Community Development Corporation, Philadelphia, Pennsylvania, to fund the renovation of an existing building to establish the Center for Culinary Enterprises (CCE) in Philadelphia. The CCE business incubator will accelerate up to 20 culinary business ventures in three shared-use commercial kitchens and the eKitchen, an interactive classroom and demonstration kitchen. The renovation will create a sustainable facility, designed for LEED-certification and energy efficiency. This project is funded through EDA's Public Works and Global Climate Mitigation Incentive Fund (GCCMIF), which is intended to foster the green economy by promoting economic competitiveness while enhancing environmental quality. This investment is part of a $3.081 million project that the grantee estimates will create 78 jobs, save 30 jobs, and generate $1.5 million in private investment.

$1.5 million to Coosa Valley Water Supply District, Ashville, Alabama, to construct critical water infrastructure improvements at the Coosa River pumping station. The construction will increase the regional water capacity to support new industrial development and business expansion in St. Clair County. This investment is part of $5.2 million project that the grantee estimates will create 83 jobs and generate $5.7 million in private investment.

$1.5 million to the city of Ottumwa, Iowa, to construct infrastructure for the Ottumwa Industrial Airport, which will retain existing jobs, permit the expansion of a major business, prepare for the construction of a new job training facility at the airport, and encourage future private investment and job creation. This investment is part of a $3.149 million project that the grantee estimates will create 246 jobs, save 205 jobs, and generate $15 million in private investment.

$1.5 million to the Regents of New Mexico State University, Las Cruces, New Mexico, to construct infrastructure improvements to further develop the Arrowhead Business and Research Park at New Mexico State University in Las Cruces. The park anchors the southern end of the Rio Grande Research Corridor which provides essential links between the private sector and scientists in New Mexico's numerous universities, military installations, and national laboratories. The infrastructure improvements will help to further develop the park and allow for additional economic opportunities in Southern New Mexico. This investment is part of a $2.5 million project that the grantee estimates will create 75 jobs.

$1.4 million in disaster recovery funds to the Lone Star College System District, The Woodlands, Texas, to construct the Aldine Workforce Solutions Center in Houston, which will provide vocational training in HVAC, electrical, plumbing, and general building trades. As the region continues to recover from Hurricanes Gustav and Ike, the skilled workers trained by the Center will provide valuable support for the rebuilding and recovery efforts. This investment is part of a $2.242 million project that the grantee estimates will generate $500,000 in private investment.

$1.3 million to the Georgia Advanced Technology Ventures, Inc., the Global Center for Medical Innovation, Inc., and the LVP1, LLC, Atlanta, Georgia, to construct the Medical Device Prototyping Design and Development Center, a critical operation for the Global Center for Medical Innovation in Atlanta. The new center will enable development of medical devices that can be used for technical evaluations, preclinical testing, and clinical trials. In addition, the Center will accelerate the development and commercialization of next-generation medical technology and promote the growth of Georgia's biotechnology industry by stimulating innovation. This investment is part of a $1,740,445 project that the grantee estimates will create 141 jobs, save 20 jobs, and generate $72.2 million in private investment.

$1.3 million to the city of San Antonio, Texas, to construct road improvements near Fort Sam Houston in San Antonio. The base will be experiencing an increase of over 12,000 military and civilian personnel with approximately 10,000 dependents. The improvements will create commercial and residential opportunities to revitalize Walters Street, the primary thoroughfare to the base. This investment is part of a $2.6 million project.

$1.25 million to the Clemson University Research Foundation, the Applied Economics and Statistics, College of Agriculture, Forestry and Life Science, Clemson, South Carolina, to support the renovation of a building to establish the Clemson University Research Foundation Business Development Accelerator. The accelerator will specialize in serving high-tech start-up businesses seeking to commercialize innovations in the fields of photonics, advanced materials, and nanotechnology. This investment is part of a $2.527 million project that the grantee estimates will create 300 jobs and generate $12.1 million in private investment.

$1,230,150 to the town of Topeka, Indiana, to fund construction of road infrastructure to improve traffic flow to industrial sites. This investment is part of a $2,050,250 project that the grantee estimates will create 82 jobs and generate $8.3 million in private investment.

$1 million to the University of Texas Health Science Center at Antonio, Texas, to support construction of a virtual hospital and simulation center at the University of Texas Health Science Center at San Antonio. The state-of-the art training facility will enable the Center to increase enrollment in its nursing program, providing increased training opportunities in the nursing field and helping to meet the rising demand for more registered nurses in the state. This investment is part of a $2 million project that the grantee estimates will create 750 jobs and generate $700,000 in private investment.

$1 million to Rural Enterprises of Oklahoma, Durant, Oklahoma, constructs a LEED-certified Career Development Center for Native Americans in Durant. The Center, owned by Rural Enterprise of Oklahoma, will be leased by the Choctaw Nation of Oklahoma to prepare Native American workers and entrepreneurs for earning good wages and creating successful businesses. This project is funded by EDA's Global Climate Change Mitigation Incentive Fund. This investment is part of a $1,818,624 project that the grantee estimates will create 50 jobs and generate $350,000 in private investment.

$1 million in disaster recovery funds to the city of Texarkana, Arkansas, to fund road and infrastructure improvements to serve a large manufacturing plant in Texarkana. The construction will enable the company to maintain, and ultimately expand, its existing operations. The new infrastructure will also serve as a catalyst for additional development across the Texarkana region, which was severely impacted by Hurricane Ike. This investment is part of a $1,333,333 project that the grantee estimates will create 200 jobs, save 1,400 jobs, and generate $18 million in private investment.

$1 million in disaster recovery funds to the Oklahoma Centennial Botanical Garden Inc., Tulsa, Oklahoma, to construct water and sewer improvements to service the new Oklahoma Centennial Botanical Garden/Research and Education Center in Tulsa. When complete, the Garden is expected to attract 400,000 visitors to the Tulsa area annually, and the Research and Education Center will provide college courses and vocational training opportunities in horticulture for local residents. The Tulsa area was severely impacted by the Midwest floods of 2008, and this project will help restore the local economy by creating jobs, providing job training, and establishing Tulsa as a creative class city. This investment is part of a $1.25 million project that the grantee estimates will create 291 jobs and generate $15 million in private investment.

$1 million to the Hershey Center for Applied Research, Inc., Hummelstown, Pennsylvania, to fund expansion of the Hershey Center for Applied Research Tech Suites. The center, which serves the counties of Dauphin, Adams, Berks, Cumberland, Franklin, Lancaster, Lebannon, and York, will use the additional space to house and nurture the region's emerging life sciences and biotechnology firms. This investment is part of a $2 million project that the grantee estimates will create 70 jobs and generate $4.4 million in private investment.

$1 million to the Santo Domingo Tribe, Santo Domingo Pueblo, New Mexico, to provide funding for the reconstruction and rehabilitation of the historic Domingo Junction Trading Post on the Santo Domingo tribal lands. The restored historic structure will enable the Santo Domingo Pueblo tribe to capitalize on the region's increased tourism opportunities brought by the New Mexico Rail Runner Express' planned station at Santo Domingo. This investment is part of a $1 million project that the grantee estimates will create 30 jobs.

$1 million to the World Trade Center of Greater Philadelphia, Pennsylvania, to fund the work of the World Trade Center of Greater Philadelphia to increase the region’s exports in the energy and technology sectors, which are critical to job growth and retention. The technical assistance will benefit smaller companies in the southeastern Pennsylvania and southern New Jersey region. This investment is part of a $2 million project.

$999,920 in disaster recovery funds to the International Economic Development Council, New Orleans, Louisiana, to assist the International Economic Development Council (IEDC) provide targeted technical assistance to hurricane-impacted regions in Texas and Louisiana, including the oil impacted regions in South Louisiana. IEDC will help recovering communities identify vulnerabilities in their local economies and develop short and long-term strategies to spur economic recovery. This investment is part of a $999,920 project.

$945,000 to the city of Seaside, California, to fund an infrastructure master plan for development of the West Broadway Urban Village. The existing commercial district served the military and dependent population of the former Fort Ord, and many of the businesses are now vacant and underutilized. This infrastructure master plan and final design will provide the foundation for the revitalization of Seaside's downtown commercial corridor. This investment is part of a $1.35 million project.

$882,000 in planning funds to the Department of Local Government, Frankfort, Kentucky, to support development and implementation of Comprehensive Economic Development Strategies (CEDS) for the 14 economic development districts serving 113 counties in the Commonwealth of Kentucky. The CEDS process is designed to bring together the public and private sectors in the creation of an economic development roadmap to diversity and strengthen the regional economy. This investment is part of a $1,102,500 project.

$750,000 to Seedco Financial Services, Inc., New York, New York, to fund the Small Business Recovery Initiative to support entrepreneurs and early start-up businesses in depressed neighborhoods in New York City. The technical assistance will encourage high growth sectors like clean technology, which features use of renewable materials and reduces emissions and waste. Seedco Financial will pair lending with technical assistance for the businesses to enhance operating efficiencies, implement low-cost marketing strategies, and improve cash flows. The project will lead to job creation and retention. This investment is part of a $1.5 million project.

$750,000 to Seedco Financial Services, Inc., New Orleans, Louisiana, to provide capital to support small business development throughout southeast Louisiana, including regions impacted by the Deepwater Horizon Oil Spill. In addition to providing affordable financing to small businesses and micro-enterprises, the grantee will focus on at-risk small businesses in underserved areas to identify their needs and provide technical assistance services. This investment is part of a $1,128,071 project that the grantee estimates will create 130 jobs.

$520,000 to the Village of Pulaski, Illinois, to fund roadway and other infrastructure improvements to serve the SISCO Regional Industrial Park in Pulaski. The construction will enable a major agricultural company to locate in the park and provide additional industrial and commercial sites to attract new businesses. These new businesses will help diversify the local economy, which is heavily reliant on farming, and create opportunities for higher-wage manufacturing jobs across the region. This investment is part of a $1.08 million project that the grantee estimates will create 167 jobs, save 32 jobs, and generate $2 million in private investment.

$500,000 to the State of Delaware-Economic Development Office to fund the capitalization of a Revolving Loan Fund for Delaware businesses that promotes the growth of clean technology and renewable energy products and services. This project is funded through EDA's Global Climate Change Mitigation Incentive Fund, which is intended to foster the green economy by promoting economic competitiveness while enhancing environmental quality. This investment is part of a $1 million project that the grantee estimates will create 200 jobs and generate $2 million in private investment.

$425,000 to the city of East Grand Forks, Minnesota, to fund construction of infrastructure necessary for expansion of a city-owned industrial park that has reached the overflow level. This project will create needed economic diversification in the region and much-needed jobs. This investment is part of an $850,000 project that the grantee estimates will create 200 jobs and generate $5 million in private investment.

$375,000 in disaster recovery funds to Meramec Regional Planning Commission, St. James, Missouri, to recapitalize a Revolving Loan Fund (RLF) serving the south central region of Missouri, which comprises Crawford, Dent, Gasconade, Maries, Osage, Phelps, Pulaski, and Washington counties, all affected by storms and flooding in 2008. The funds will assist small businesses that were severely impacted by the natural disasters. This investment is part of a $500,000 project that the grantee estimates will create 25 jobs, save 25 jobs, and generate $3 million in private investment.

$200,000 in disaster recovery funds to the Florida Citrus Mutual and the Georgia Tech Research Corporation, Lakeland, Florida, to fund a demonstration project using a new aerial-based technology to identify at-risk citrus trees in Hendry County. As a result of this project, timely and cost-efficient measures can be taken to prevent disease to the trees and help preserve Florida's threatened citrus industry. This investment is part of a $250,000 project.

June 14 - 18, 2010

$3,167,923 in disaster recovery funds to the city of Waverly, Iowa, to fund the replacement of an existing concrete dam with an inflatable rubber dam in Waverly. The new dam can be adjusted to control future floodwaters, protecting the city's more than 320 businesses that were directly and indirectly impacted by the Midwest floods of 2008. This project will allow these businesses to remain in Waverly and continue to grow their businesses. This investment is part of a $4,223,898 project that the grantee estimates will save 500 jobs.

$2,114,502 in disaster recovery funds to the town of Spring Green, Sauk County, and the Wisconsin Department of Transportation, Spring Green, Wisconsin, to fund construction of infrastructure and implementation of an economic recovery strategy to assess damage and speed recovery efforts to the region comprising the counties of Sauk, Iowa, and Richland, and the villages of Lone Rock and Spring Green. The region was severely impacted by the recent Midwest floods. This project constructs a drainage swale for direct storm water runoff from the Big Hollow watershed and other infrastructure that is essential to protect the airport and agriculture and prevent more damage to the regional economy from future flooding. This investment is part of a $2,819,336 project that the grantee estimates will create 300 jobs and generate $3 million in private investment.

$1.67 million in disaster recovery funds to the Santa Fe College and the District Board of Trustees of Santa Fe College, Gainesville, Florida, to construct a biotechnology laboratory and classroom addition to the new Emerging Technologies Center at Santa Fe College in Gainesville. This project will help mitigate the lingering effects of Tropical Storm Fay on the region's economy by providing education and training to prepare students for vacancies in the critically important allied health and biotechnology fields. This investment is part of a $2,226,667 project that the grantee estimates will create 270 jobs and generate $380 million in private investment.

$1.5 million to JumpStart Inc., Cleveland, Ohio, to fund the development of regional entrepreneurship action plans and training and assistance programs for entrepreneurs and early-stage businesses in six Midwestern cities affected by the restructuring of the American automotive industry. JumpStart will work with local collaborators and economic development partners in each city to determine best practices for community-specific approaches to address the needs of new businesses and prepare the communities for transition from an automotive manufacturing-dependent industry to a high-tech, entrepreneurial-based economy. The target cities are: Akron, Ohio; Detroit, Michigan; Ft. Wayne, Indiana; Gary, Indiana; Duluth, Minnesota; and St. Paul, Minnesota. This investment is part of a $2.5 million project.

$1 million to the Carbon County Board of Commissioners, Jim Thorpe, Pennsylvania, for construction of roadway and other utilities to create the Packerton Yards Business Park on a former brownfield site. The new park will create and retain jobs by attracting small and medium-sized service and manufacturing businesses that will be able to compete in the global market. This investment is part of a $2 million project that the grantee estimates will create 360 jobs and generate $12.4 million in private investment.

$345,180 in disaster recovery funds to the town of Monticello, Mississippi, to construct critical infrastructure upgrades to the town's sewer system to prevent overflows and backups that disrupt businesses and industry during heavy rain storms and disasters such as Hurricane Gustav in 2008. The upgrades will further leverage recent transportation improvements connecting the town to nearby economic growth centers and lead to diversification and growth of the regional economy. This investment is part of a $690,360 project that the grantee estimates will create 23 jobs, save 138 jobs, and generate $1 million in private investment.

May 31 - June 4, 2010

$1.75 million in disaster recovery funds to Morgan City Harbor and Terminal District, Morgan City, Louisiana, to fund construction of a new steel bulkhead at the Port of Morgan City to protect and improve an intermodal site at the Youngs Road Slip. The region suffered from back to back hurricanes, Gustav and Ike, in 2008, which disrupted the oil, gas, and heavy metal fabrication industries of south Louisiana. This site is adjacent to the intracoastal waterway, the Atchafalaya River, and the Gulf of Mexico. The project, therefore, will have an important impact on business recovery and high-skill, living-wage job creation. This investment is part of a $3.5 million project that the grantee estimates will create 320 jobs, save 200 jobs, and generate $7.6 million in private investment.

$1.5 million to the city of Lubbock, Texas, to relocate and bury utilities in downtown Lubbock to eliminate alleys, improve service, and increase safety. The project is part of the city's plan to redevelop and revitalize the downtown core and attract investors to the mixed-use hub for the region. This investment is part of a $2.3 million project that the grantee estimates will create 280 jobs and generate $28.5 million in private investment.

$1.44 million to Pine Technical College, Pine City, Minnesota, to fund construction and renovation to create an Entrepreneurship Center and Technology Business Incubator on the campus of Pine Technical College. This project combines the physical and business services of an incubator with the outreach and impact of an entrepreneurship development program. East central Minnesota will benefit from significant job creation and private sector investment. This investment is part of a $2.4 million project that the grantee estimates will create 200 jobs and generate $6 million in private investment.

$1.087 million to the city of Greenville, Kentucky, to fund construction to increase city water capacity for the expansion of the Muhlenberg Community Hospital and the Gourmet Express plant. The city has the capacity to treat the water, but the reservoir needs dredging to increase capacity and the pipes from the reservoir and to the hospital are too small for the volume needed. The construction will save and create family-wage jobs and attract private investment to the region, which has lost many manufacturing sector jobs in the past year. This investment is part of a $1.487 million project that the grantee estimates will create 75 jobs, save 166 jobs, and generate $26 million in private investment.

$1,004,366 in disaster recovery funds to the River County Economic Development District, Lancaster, Nebraska, to fund construction of an emergency early warning siren system for 45 communities in a 15-county area that suffered severe storm and tornado damage in 2008. The Southeast Nebraska Outdoor Warning System will replace obsolete or damaged equipment and extend coverage to newer communities. The new system will improve warning times during civil and climate emergencies. This investment is part of a $1,339,155 project.

$750,000 in disaster recovery funds to the Southeast Iowa Regional Planning Commission, Des Moines, Iowa, to fund the purchase and improvement of an existing building for the relocation of the Southeast Iowa Regional Planning Commission (SEIRPC), which was displaced by severe flooding in 2008. SEIRPC provides a range of economic development assistance for local governments, and the new building will not only ensure continued operations following future disasters but also could house small business incubation in the future. The project will, in addition, provide office space for other disaster recovery organizations, such as Iowa's Homeland Security Department, FEMA, and Rebuild Iowa. This investment is part of a $1.5 million project

$660,000 in disaster recovery funds to the city of Jacksonville, Florida, to fund repairs and expansion of Lake Fretwell, an existing storm water retention facility located at the former Cecil Field Naval Air Station. The storm water retention lake was damaged by flooding from Tropical Storm Fay. The improvements to the lake will allow a major expansion of Cecil Commercial Park to create future jobs and attract private investment. The project will also protect residential neighborhoods downstream, prevent roadway and property flooding damage such as occurred in 2008, and stop further erosion of the lake’s levy. This investment is part of a $1.32 million project.

$500,000 to the Western Massachusetts Enterprise Fund, Hampden, Massachusetts, to fund capitalization of a revolving loan fund (RLF) for the region served by the Pioneer Valley Planning Commission, which serves the counties of Hampden and Hampshire. The new RLF will support new businesses, assist established businesses, and promote the region's developing industry clusters, including medical devices, pharmaceuticals, and plastics. The RLF will focus on technological innovations that spin off from the University of Massachusetts, Amherst. Viable businesses that have been unable to secure commercial credit will benefit from the gap financing provided through this project. This investment is part of a $1 million project that the grantee estimates will create 139 jobs, save 165 jobs and generate $3 million in private investment.

May 24-28, 2010

$1,735,050 in disaster recovery funds to the city of New Albany, Indiana, to fund utility and infrastructure construction, including road, sewer system, and safety improvements at a city-owned industrial park in New Albany. The project will provide readily developable space for existing companies to expand and will help the park attract new businesses to the region, which was severely impacted by the Midwest floods of 2008. This investment is part of a $3,470,100 project that the grantee estimates will create 835 jobs and generate $45.7 million in private investment.

$1,246,500 in disaster recovery funds to the city of Mauston, Wisconsin, to fund sewer, water, and storm system upgrades and roadway extensions that will enable the expansion of the Mauston West Industrial Park in Mauston. The resulting new industrial lots will encourage industrial growth and entrepreneurship in a region of the state hard hit by the Midwest floods of 2008. This investment is part of a $1.662 million project that the grantee estimates will create 150 jobs and generate $5 million in private investment.

$1.05 million to the city of Greensburg, Kentucky, to construct vital waste water system improvements in Greensburg. The improvements will support the region's emerging medical cluster, including a new hospital, dental clinic, and medical arts building, and increase future growth capacity in the city's new commercial area. This investment is part of a $1.5 million project that the grantee estimates will create 88 jobs, save 206 jobs, and generate $22.4 million in private investment.

$990,286 in disaster recovery funds to the village of La Farge, Wisconsin, to fund improvements to public infrastructure and utilities in La Farge. The street improvements and extension of road, water, and sewer lines will help the village expand its agri-business sector, especially organic foods, and assist with continued economic recovery efforts from the 2008 Midwest floods. This investment is part of a $1,597,235 project that the grantee estimates will create 40 jobs and generate $4.6 million in private investment.

$779,886 to the city of Worthington, Minnesota, to fund construction of a bioscience testing and training center and business incubator in an existing bioscience industrial park. The project will support value-added agri-business and strengthen the region’s bioscience/alternative energy cluster. The private investment and new living wage jobs will contribute to regional economic development. This investment is part of a $1,624,764 project that the grantee estimates will create 150 jobs and generate $20 million in private investment.

$520,000 to the Hendersonville Utility District, Hendersonville, Tennessee, to construct waste water lines to the Freehill Business Park in Hendersonville. The improvements will serve 27 existing businesses and support the growth of emerging entrepreneurial businesses in the industrial and manufacturing sectors, including medical services, environmental construction techniques, and energy conservation design and construction. This investment is part of a $650,000 project that the grantee estimates will save 314 jobs and generate $1.2 million in private investment.

May 10-14, 2010

$4,534,472 in disaster recovery funds to the City of Madison and the Madison Development Corporation, Madison, Wisconsin, to fund construction of a greenhouse for the Midwest BioLink Commercialization and Business Center to create jobs and grow new businesses in urban and rural communities in the region. BioLink will advance productivity, research, innovation, and entrepreneurship in biotech, agriculture, and health care, working with the University of Wisconsin, small businesses, and major corporations. This investment is part of a $7,099,255 project that the grantee estimates will create 900 jobs and generate $55 million in private investment.

$695,657 in disaster recovery funds to Sauk County, Wisconsin, to fund the installation of fiber optic cable to areas of Sauk County that otherwise would be underserved. The project will lead to living-wage job creation and increased private sector investment. The new broadband service will help the region's economy recover from the devastating floods of 2008 and position its businesses to grow and compete in the global marketplace. This investment is part of a $932,000 project that the grantee estimates will create 1,381 jobs and generate $60 million in private investment.

$458,000 in disaster recovery funds to BizStarts Milwaukee and the Wisconsin Business Innovation Corporation, Milwaukee, Wisconsin, to fund the efforts of BizStarts and Wisconsin Business Innovation Center to jumpstart the economic recovery of the Milwaukee region, which comprises the counties of Kenosha, Milwaukee, Ozaukee, Racine, Walworth, Washington, and Waukesha, by assuring that fast growth companies in advantageous sectors have access to entrepreneurial training and support. This project will also inform the region, still recovering from the floods of 2008, about available entrepreneurial programs and support innovative concepts. This investment is part of a $648,000 project that the grantee estimates will create 350 jobs and generate $3.5 million in private investment.

May 3-7, 2010

$11,286,917 in disaster recovery funds to the Vermont Electric Cooperative, Inc., Johnson, Vermont, to fund electrical distribution network improvements to provide the region with more reliable service and mitigate the effects from future natural disasters. The region, which includes state and federal monitoring agencies at the Canadian border, suffers from frequent weather-related outages. Residents, businesses, and Homeland Security Border Crossings were all severely impacted by the severe storms and flooding in 2008. This investment is part of a $14.5 million project that the grantee estimates will create 502 jobs, save 1,363 jobs, and generate $27 million in private investment.

April 26-30, 2010

$35 million in disaster recovery funds to the city of Cedar Rapids, Iowa, to fund construction and infrastructure for a new downtown events center and arena for Cedar Rapids. The Linn County region was devastated by historic floods in 2008. This project will be a long term driver for redevelopment and new economic development in the area. This investment is part of a $67 million project.

$3 million in disaster recovery funds to the Cedar Rapids Area Chamber of Commerce, Cedar Rapids, Iowa, to construct a facility to bring together the Chamber, business incubator and accelerator clients, and business support organizations. This project will support entrepreneurship and new business development in the region, which was devastated by the historic flood of 2008. This investment is part of a $6 million project that the grantee estimates will create 200 jobs and generate $500,000 in private investment.

$2.9 million in disaster recovery funds to the Village or Ruidoso and the City of Ruidoso Downs, New Mexico, to fund the purchase of equipment required for the new $40 million regional wastewater treatment system for the region which includes the Village of Ruidoso, the city of Ruidoso Downs, and the Mescalero Apache Reservation. The present wastewater plant is in the Rio Ruidoso flood plan and was, like other public and private property, damaged in the flash flooding caused by Hurricane Dolly in 2008. The success of the region’s tourist and artisan industries and other businesses depends on the relocation of the system. This investment is part of a $3,866,667 project.

$125,000 to the Montana Community Development Corporation, Missoula, Montana, to fund a comprehensive biomass energy strategy and feasibility study by the Montana Community Development Corporation. NorthWestern Energy, Montana’s major power company, is required by 2015 to produce 15% of its retail electricity sales from renewable resources. The company already provides 9% of its energy from wind generators. At the same time, Montana’s timber industry has experienced a severe downturn. This study will produce a business model for a sustainable Montana wood biomass energy system that the forest businesses can follow to produce electricity for NorthWestern Energy. Montana sawmills, their suppliers, truckers, and contractors will all benefit. This investment is part of a $250,000 project that the grantee estimates will create 65 jobs and save 5 jobs.

April 12-16, 2010

$22 million in disaster recovery funds to the city of Iowa City, Iowa, to fund the relocation of Iowa City's North Wastewater Treatment Facility out of the Iowa River floodplain to prevent a repetition of the severe flooding of 2008 that halted commerce and transportation for weeks. During that flood untreated and partially treated wastewater was released into commercial and residential neighborhoods, the University of Iowa sustained damage of more than $230 million, and emergency services were flooded and closed. This investment is part of a $46 million project.

$3 million to the city of Auburn, Washington, to construct road, water and sewer, fiber optic, and other infrastructure for downtown Auburn. The construction will create a pedestrian-friendly city core to revitalize the downtown business corridor. The project will attract new manufacturing and businesses, allow for expansion of existing businesses, and help to stabilize the regional economy, which has been hard hit by Boeing's downsizing. This investment is part of a $7.8 million project that the grantee estimates will create 555 jobs and generate $100 million in private investment.

$3 million to Walla Walla Community College, Walla Walla, Washington. This investment, funded through EDA's Global Climate Change Mitigation Incentive Fund (GCCMIF), constructs an addition to the College's Water and Environmental Center. The Gold LEED Certified facility will house laboratories and instructional space to foster the green economy by promoting fisheries and agricultural - including viticulture - innovation and protecting the quality and quantity of water. The project will promote economic competitiveness while enhancing environmental quality for the region, which includes the Confederated Tribes of the Umatilla. This investment is part of a $5.687 million project that the grantee estimates will create 360 jobs and generate $28 million in private investment.

$3 million to the state of Hawaii, Honolulu, Hawaii, to fund renovation of a portion of an existing warehouse on Pier 2 in downtown Honolulu to create an import/export small business incubator. The State's Foreign Trade Zone #9 will operate the incubator, supporting innovation and competitiveness, and taking advantage of the strategic location. The incubator will provide cutting-edge support services to help entrepreneurs become successful in international trade. This investment is part of a $4 million project that the grantee estimates will create 635 jobs and generate $20 million in private investment.

$3 million in disaster recovery funds to the city of Iowa City, Iowa, to fund design and engineering work to reconstruct and elevate crucial emergency routes in Iowa City: Dubuque Street and the Park Road Bridge. In 2008 a massive flood closed both roads for more than one month. Completion of this project will ensure uninterrupted access to businesses, employment centers, and health and emergency services. This investment is part of a $3 million project.

April 5-9, 2010

$3.99 million in disaster recovery funds to the Glades Utility Authority and Palm Beach County, Florida, to construct a new regional wastewater system for western Palm Beach County near Lake Okeechobee, including Belle Glade, Pahokee, and South Bay. The region suffered from flooding in 2008 from Tropical Storms Hanna and Fay, which caused environmental damage and closed local businesses for extended periods. The construction will support three city industrial parks and a general aviation airport, as well as a major inland port and intermodal center that is being developed and that would create many more jobs for the region. This investment is part of a $5.32 million project that the grantee estimates will create 240 jobs, save 270 jobs, and generate $48.5 million in private investment.

$3,577,500 in disaster recovery funds to the Oregon Health and Science University Vaccine and Gene Therapy Institute Florida Corporation and the city of Port Saint Lucie, Florida, to construct the build-out for a major new bio-sciences research facility at the Florida Center for Innovation in St. Lucie County. The facility will include five biomedical research lab modules, tissue culture and lab support, and other resources. This project will enhance the region's growing bio-medical cluster and aid in strengthening and diversifying the regional economy, which is still recovering from severe damage suffered from Tropical Storm Fay in 2008. This investment is part of a $7.155 million project that the grantees estimate will create 100 jobs and generate $4.4 million in private investment.

$2 million in disaster recovery funds to the Central Louisiana Chamber of Commerce, Alexandria, Louisiana, to construct infrastructure for a central Louisiana industrial park that will become a regional resource for green sector jobs. The construction includes a rail spur, broadband network, road, water, and waste water. The initial anchor tenant, an agri-business, will, in concert with Louisiana State University, initiate job creation and long-term economic development for this region, which received many evacuees from Hurricanes Rita and Katrina and was again disrupted by Hurricanes Gustav and Ike. This investment is part of a $3,701,500 project that the grantee estimates will create 115 jobs and generate $46.3 million in private investment.

$1.67 million in disaster recovery funds to the city of Perry, Florida, to construct a gray water pipeline to allow construction of an entirely biomass-based, carbon-neutral refinery that will produce ethanol from waste cellulose byproducts. The project will result in 148 construction jobs in addition to the 555 permanent jobs retained and future indirect jobs, and, through 100% reuse of the treated water, will preserve the City’s current water capacity for future growth. Without the project, the region, which was flooded by Tropical Storm Fay, would lose crucial industrial jobs. This Florida energy independence project with Buckeye Paper Mill will be a showcase for both energy and water saving technologies. This investment is part of a $2,337,967 project that the grantee estimates will save 555 jobs and generate $32.3 million in private investment.

$1.543 million to Destination Cleveland County and Cleveland County, North Carolina, to renovate and restore the historic Cleveland County Courthouse in Shelby for Destination Cleveland, the Earl Scruggs Center. The renovated building will be energy efficient and registered for Leadership in Energy and Environmental Design (LEED) certification. The Center will be a crucial element in enhancing the region's tourism industry, honoring hometown artists and capitalizing on the region's musical heritage, and drawing tourists in tandem with the renovated Don Gibson Theater, only a few blocks away. This investment is part of a $3.086 million project that the grantee estimates will create 203 jobs.

$1.5 million to the city of Port Lions, Alaska, to renovate and increase the capacity of the Port Lions Small Boat Harbor. The current 35 slips need repair and the project will add 21 more slips. There is a regional shortage of slips for local entrepreneurs in the fishing and eco-tourism industries. The project will, therefore, benefit the region through creating opportunities for small business growth. This investment is part of a $3.01 million project that the grantee estimates will create 16 jobs, save 116 jobs, and generate $7 million in private investment.

$1.5 million in disaster recovery funds to the city of Weatherford and the Weatherford Industrial Trust, Oklahoma, to construct road, water, and sewer infrastructure improvements for the Weatherford Business and Technology Park to save jobs at existing businesses and prepare the Park for future economic development projects. The region sustained significant losses from storms, flooding, and tornadoes in 2008. This investment is part of a $2 million project that the grantees estimates will save 95 jobs.

$1.2 million to the city of Columbus, Mississippi, to construct road and other essential infrastructure to serve a commercial development to house hotel and other businesses that are in short supply in Columbus and necessary to facilitate the region's emerging clusters in aeronautics and steel manufacturing. The new private investment resulting will also support job creation for graduates of East Mississippi Community College's hotel and restaurant management program. This investment is part of a $2,474,034 project that the grantee estimates will create 318 jobs and generate $31.9 million in private investment.

$1,071,500 (partially funded by EDA's Global Climate Change Mitigation Incentive Fund) to Rainbow Omega, Inc. and Talladega County, Alabama, constructs a new workforce center for Rainbow Omega, a sheltered community for adults with developmental disabilities. The center will earn the Silver rating for LEED (Leadership in Energy and Environmental Design) certification for environmentally sustainable construction. At the center in Talledega County, residents and participants from the community will perform contracted work from the region’s automotive cluster. This investment is part of a $2.294 million project that the grantees estimate will create 25 jobs and generate $1 million in private investment.

$1 million to the city of Jal, New Mexico, to renovate the city-owned Burke Industrial Complex building to accommodate the expansion of Louisiana Energy Services (LES) to meet the increase in U.S. uranium enrichment demand. This new and developing industry cluster will benefit the region, which has previously depended on ranching and oil and gas production. The region has suffered economic decline as the major oil and gas companies have departed. LES plans to build a large enrichment facility, which would bring much future temporary and long-term employment to the region. This investment is part of a $2 million project that the grantee estimates will create 30 jobs and generate $600,000 in private investment.

$1 million in disaster recovery funds to the Martin County Board of County Commissioners, Florida, to construct infrastructure for Witham Field Airport that will prevent the sort of damage caused by Tropical Storm Fay in 2008. The project will permit the growth of new businesses, support the expansion of Vought Industries, a major commercial tenant, and encourage the growth of the regional aviation industry. This investment is part of a $1,805,900 project that the grantee estimates will create 100 jobs and generate $12.9 million in private investment.

$676,920 in disaster recovery funds to the city of Princeton, Illinois, to fund construction of infrastructure for a city-owned industrial site. The project’s infrastructure improvements - road, water, sewer, electric, and fiber optic cable - will alleviate the city’s shortage of “shovel-ready” locations. The city expects logistics firms, a growing regional sector, to locate in Princeton and ease the economic distress that was made worse by the flooding in 2008. This investment is part of a $902,560 project that the grantee estimates will create 500 jobs and generate $50 million in private investment.

$615,000 to Wilkes County, North Carolina, to construct water and sewer system infrastructure at the Wilkes County Airpark. The construction is required for the expansion of two industries in the growing advanced composite materials and aviation manufacturing sector and will contribute to the diversification of the regional economy, which has suffered losses of traditional industries and jobs. This new infrastructure will accommodate future industrial growth in the Airpark. This investment is part of a $1,360,500 project that the grantee estimates will create 80 jobs and generate $6.5 million in private investment.

$600,000 in disaster recovery funds to the St. Louis Development Corporation, Missouri, to fund a riverfront land use study to decrease the port's vulnerability to flooding disruptions like those of 2008, attract new businesses, and create high-skill, high-wage jobs. The study will address preparing the docks to improve bulk freight and container shipping, optimizing land usage, and integrating rail and port facilities. This investment is part of an $800,000 project.

$540,100 to the Tampa Bay Regional Planning Council and the Tampa Bay Partnership Regional Research and Education Foundation, Inc., Pinellas Park, Florida, to fund an industry cluster analysis for the counties of Hernando, Hillsborough, Manatee, Pasco, Pinellas, Polk, and Sarasota, all served by the Tampa Bay Regional Planning Council. The project will identify the current regional clusters, prioritize the most promising clusters, and target the workforce development to the regional needs. The objective is to help the region, which sustained significant damage from Tropical Storm Fay and has suffered recent economic decline, to diversify and increase productivity. This investment is part of a $675,125 project.

$500,000 to the city of West Plains and Downtown West Plains, Inc., Missouri, to fund the historic preservation and renovation of a 1918 building adjacent to the West Plains historical district. The building will house the Ozarks Small Business Incubator, which is needed to revitalize the area economy. Missouri State University at West Plains will provide education and training through its Small Business and Technology Development program to the Incubator's entrepreneurs. This investment is part of a $1 million project that the grantees estimate will create 90 jobs.

$450,000 in disaster recovery funds to the Henderson City-County Airport Board, the city of Henderson, and the Henderson County Fiscal Court, Kentucky, to construct an aircraft hanger at the Henderson City-County Airport, which will be owned by the Airport Board and will be leased by two companies--one new business and one existing business that will be expanded. The project supports the airport, a significant regional economic asset, and the growth of this vital regional transportation center will help the region recover from the damage caused by Hurricane Ike in 2008. This investment is part of a $600,000 project that the grantees estimates will create 55 jobs, save 19 jobs, and generate $1.2 million in private investment.

$247,515 to the Southern Growth Policies Board, Durham, North Carolina, to support the thirteen Southern states, Alabama, Arkansas, Georgia, Kentucky, Louisiana, Missouri, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Virginia, and West Virginia, in a strategy to promote the advanced materials industry. The project would encourage the advanced materials (for example, polymers, thin films, proton exchange membranes) industry to collaborate with the automotive and aerospace industries in a regional innovation cluster to enhance research and strengthen the region. This investment is part of a $495,030 project.

$200,000 to the North Central Florida Regional Planning Council, Gainesville, Florida, to fund the studies needed to provide a disaster resiliency plan for the counties served by the North Central Florida Regional Planning Council, Alachua, Bradford, Columbia, Dixie, Gilchrist, Hamilton, Lafayette, Madison, Suwannee, Taylor, and Union. Each county will receive a detailed report on critical infrastructure and potential threats, such as flood prone locations. The reports will help the counties and the region make better long term decisions on zoning, relocation of vulnerable infrastructure, building codes, and plans for response to extreme weather, such as Tropical Storm Fay, which caused the region significant damage in 2008. This investment is part of a $250,000 project.

$150,000 to the state of Hawaii, to fund a review of past and present economic development efforts for their effectiveness and acceptance in Native Hawaiian communities in the counties of Hawaii, Honolulu, Kauai, and Maui. Following the review, Hawaii's Office of Planning will design strategies to improve the economic conditions experienced by Native Hawaiian Homeland communities throughout the state. This investment is part of a $300,000 project.

$150,000 to the United Tribes Technical College, Bismarck, North Dakota, to fund training and technical assistance to link tribal economic development planners and available federal, state, and local resource providers. The United Tribes Technical College will work with 16 tribal organizations in 4 states to increase entrepreneurship and market-based business opportunities on their reservations. This investment is part of a $150,000 project.

March 15-19, 2010

$2 million to the city of Little Rock, Arkansas, to fund the conversion of the old Rock Island Railroad Bridge over the Arkansas River to a pedestrian and bicycle crossing, linking the river market areas of Little Rock and North Little Rock and completing the Arkansas River Trail. The Bridge will complete one of the longest bike route loops in the United States and create racing venues. The project will link major tourist attractions of the two cities and encourage a more cycling and pedestrian friendly community. This investment is part of a $4.5 million project.

$124,000 to Yolo County, California, to fund an infrastructure master plan for the communities of Esparto, Madison, Cacheville (Yolo), and Knights Landing in Yolo County. The plan would identify necessary improvements in water, wastewater, and drainage infrastructure to spur economic growth in the county. This investment is part of a $155,000 project.

March 8-12, 2010

$2 million in disaster recovery funds to The National World War II Museum, New Orleans, Louisiana, to fund the conversion of an existing warehouse into the Restoration Pavilion, a historic restoration workshop and workforce training center. The site will also provide an admission-free museum experience for an estimated 100,000 additional visitors annually, as a new part of the National World War II Museum. The WW II Museum itself, with over 2 million visitors since opening in 2000, is essential to New Orleans’ tourism industry, the largest employer in the New Orleans metro area and the second largest in the state of Louisiana. The region, which suffered from Hurricane Katrina, as well as Hurricanes Gustav and Ike, will benefit from this project. This investment is part of a $2,626,175 project that the grantee estimates will create 18 jobs and generate $16 million in private investment.

$1,112,223 to Musselshell County, Montana, to fund road paving and reconstruction to improve a deteriorated and dangerous county line road that is essential to the mining industry and other regional businesses. The project will sustain the region's agricultural and natural resource sector and enhance the County's economic stability. This investment is part of a $1,853,721 project that the grantee estimates will create 277 jobs, save 23 jobs and generate $450 million in private investment.

$987,000 to the town of Hayneville, Alabama, to construct a mechanical wastewater treatment system for the town of Hayneville. The current system is failing, and existing businesses cannot expand and new industry cannot locate in the Lowndes Industrial Park. Jobs have already been lost because of the current system. This project will result in saving existing jobs and creating new ones. This investment is part of a $1.357 million project that the grantee estimates will create 21 jobs, save 365 jobs, and generate $6 million in private investment.

$959,250 in disaster recovery funds to the city of Mineral Point, Wisconsin, to fund construction of necessary infrastructure to expand the city-owned Mineral Point Business Park. The construction will create shovel-ready sites for new business investment, creating jobs and helping the region recover from the 2008 floods. This investment is part of a $1.279 million project that the grantee estimates will create 40 jobs and generate $5 million in private investment.

$750,000 in disaster recovery funds to the BI-State Regional Commission, Rock Island, Illinois, to fund the formation of a new revolving loan fund to serve small businesses in Mercer County, Illinois, and Muscatine County, Iowa. The small business loans will help save and create jobs and assist the bi-state region's recovery from the storms and flooding of 2008 and the impact of the defense jobs lost from the 2005 BRAC mandate affecting the Rock Island Arsenal. This investment is part of a $1 million project that the grantee estimates will create 64 jobs and generate $2 million in private investment. $680,000 in disaster recovery funds to the Clarence Cannon Wholesale Water Commission, Monroe, Missouri, to fund improvements to the region's water treatment plant, which was severely impacted by flooding in 2008 and heavy rains in 2009. The sludge lagoons must be emptied to avoid potential environmental problems and treatment plant closure. That result would severely impact area residents and businesses. This investment is part of an $850,000 project.

$670,196 in disaster recovery funds to the Lakeshore Technical College and the Plymouth Joint School District, Cleveland, Wisconsin, to fund renovation of Plymouth High School's industrial technology lab for reuse as the High Speed Production Operations Training Center. The new lab will have broadband and equipment needed to train the region's workforce and create a pipeline of skilled workers for competitive businesses and industry. Sheboygan County, within the College's service area, was substantially affected by floods in 2008. This investment is part of a $1.253 million project that the grantee estimates will create 160 jobs and generate $6.7 million in private investment.

$500,000 to Donalds-Due West Water and Sewer Authority, South Carolina, to fund construction of a critical water line to add capacity to support commercial development and expansion in Abbeville County. The upgrades will create jobs and attract private investment for a region which has lost many manufacturing sector jobs. This investment is part of an $860,520 project that the grantee estimates will create 91 jobs and generate $19.9 million in private investment.

$300,000 in disaster recovery funds to Winrock International and the Arkansas State University-Jonesboro, Arkansas, to support development of an economic recovery strategy focusing on northeast Arkansas communities severely impacted by Tropical Storm Ike. The project will investigate two strategies to increase the value of the region's agricultural production. One strategy is to shift traditional row crops to dedicated drought- and flood-resistant energy crops and the related technologies for producing bio-energy. The second strategy is to shift appropriate crop land into specialty, high-value crops and the related state-of-the-art, value-added processing. This investment is part of a $300,000 project.

$150,000 to the California State University, Fresno Foundation, California, to fund updating the Regional Jobs Initiative Transition Plan focused on Fresno and the California Partnership for the San Joaquin Valley. The California State University at Fresno will focus applied research on economic cluster development and providing businesses and public organizations with information essential to business and job development. This investment is part of a $300,000 project.

February 22-26, 2010

$2.12 million in disaster recovery funds to Philippi-Barbour County Regional Airport Authority, Philippi, West Virginia, to fund construction of infrastructure, two airplane hangars, and office space for an aviation industry incubator for aircraft manufacturing and repair at the Philippi-Barbour County Regional Airport. The jobs saved and created and the new businesses developed will help the region recover from the decline of coal industry employment and severe floods, the most recent in 2008. The aviation cluster is expected to create many more living wage jobs in the future. This investment is part of a $2.65 million project that the grantee estimates will create 25 jobs, save 50 jobs, and generate $4.2 million in private investment.

$1.575 million to the Economic Council of St. Louis County, the State of Missouri Department of Economic Development, and the city of Fenton, Missouri, to fund a strategic plan to address the closure of the Chrysler auto manufacturing plants in the City of Fenton, near St. Louis, and a plan for eventual reuse of the sites. This united public and private partnership will identify opportunities to replace the jobs lost and expand employment by creating a stronger and more diversified regional economy, able to compete in the global marketplace. This investment is part of a $2.1 million project.

$1.1 million to Attala County, Mississippi, to fund renovation for the Kosciusko-Attala County Technology, Training, and Jobs Center. The renovation itself will incorporate energy efficiencies, and the business incubator will target green technology businesses. The Training and Jobs Center will create employment and entrepreneurial opportunities for the distressed region. This investment is part of a $1,600,736 project that the grantee estimates will create 382 jobs and generate $19.6 million in private investment.

$940,000 in disaster recovery funds to Union County, Arkansas, to repair and renovate a storm-damaged building in the El Dorado Business Park. The empty building, now owned by the Union County Industrial Board, would then house the Lone Star Reel Corporation, a manufacturer which would anchor the Park and attract other companies. This project will help the region recover from the storms, floods, and tornadoes of 2008. This investment is part of a $1.535 million project that the grantee estimates will create 20 jobs and generate $100,000 in private investment.

$800,000 in disaster recovery funds to Fallon County North Baker Water and Sewer District, Baker, Montana, to construct much-needed new water and sewer infrastructure for a primarily industrial area in Fallon County. The current outdated septic systems are inadequate and do not meet health and safety standards. During the 2008 storms the oil and gas businesses located in the area could not operate and roadways were damaged. The new construction will mitigate the impact of future disasters and support new industrial development and entrepreneurship. This investment is part of a $2.089 million project that the grantee estimates will create 88 jobs, save 310 jobs, and generate $5.7 million in private investment.

February 15-19, 2010

$4.8 million in disaster recovery funds to the Southwest Mississippi Community College, Summit, Mississippi, for construction of the Regional Workforce Training Center on the campus of Southwest Mississippi Community College, which, like the region, experienced extensive infrastructure damage from Hurricane Gustav in 2008. The expanded facility will offer new courses in emergency medicine, disaster readiness, and homeland security to respond to evolving workforce needs. Eight existing companies have already committed to support the Center and to create and retain high-skilled high wage jobs. This investment is part of a $6 million project that the grantee estimates will create 87 jobs, save 665 jobs and generate $207 million in private investment.

January 14-22, 2010

$500,000 to Los Angeles Operation Hope, New York, New York, to fund assistance to entrepreneurs and start up businesses in depressed neighborhoods in New York City’s five boroughs. Operation Hope’s Entrepreneurial Training Curriculum will offer business education, including customer service, credit counseling, and intensive technical assistance in starting and operating business enterprises. The new jobs created as a result of the training will help to offset the City’s severe job losses in 2009. This investment is part of a $1.1 million project.

$500,000 to the South Eastern Economic Development Corporation, Taunton, Massachusetts, to fund recapitalization of the South Eastern Economic Development Corporation (SEED) revolving loan fund (RLF), which serves Barnstable, Bristol, and Plymouth counties. The RLF funds will help create new jobs by servicing the direct and immediate needs of small businesses with loans of up to $100,000. SEED has seen the volume of loan applications up sharply as manufacturing jobs have been lost in the region. This investment is part of a $1 million project that the grantee estimates will create 100 jobs and generate $3 million in private investment.