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2020

  • EDA announced eight investments from February 3-7, 2020, totaling $14,808,351, which is matched by $4,598,761 in local investments. These investments include the following: (1) $8,331,455 in three 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 one project for $7,431,455 that will help save 175 jobs and leverage $2,450,000 in private investment; (2) $6,056,896 in three Public Works projects to help communities revitalize, expand, and upgrade their physical infrastructure that will help create 332 jobs, save 298 jobs, and leverage $17,450,000; and (3) $420,000 in two Partnership Planning projects to support the development and implementation of the Comprehensive Economic Development Strategy process.
    • $8,331,455 in three Economic Adjustment Assistance projects, matched by $2,082,863 in local investments, as follows:
      • $7,431,455 in 2018 Disaster Supplemental funding, matched by $1,857,863 in local investment, to the Public Utility District No. 1 of Skamania County, Carson/Skamania County, Washington, to fund upgrades to an electrical power substation to support the energy needs of commercial and industrial customers in Skamania County. The regional area sustained major damages from severe winter storms, flooding, landslides, and mudslides. This project will increase reliability of access to electrical power and provide commercial and industrial customers with an uninterrupted, ongoing source of electricity. Once completed, the project will sustain the region’s economic growth, support job creation, and promote resiliency after future natural disasters. The grantee estimates that this investment will help save 175 jobs and leverage $2,450,000 in private investment.
      • $720,000 in 2019 Disaster Supplemental funding, matched by $180,000 in local investment, to the Miami Valley Regional Planning Commission, Dayton/Montgomery County, Ohio, to support the Miami Valley Regional Planning Commission with hiring a disaster recovery manager to help develop a comprehensive mitigation and resiliency plan, which will support recovery efforts from the 2019 Memorial Day tornadoes that devastated the region in Dayton County, a designated Opportunity Zone. The disaster recovery manager will collaborate with regional partners, business community, and economic development organizations to create a robust economic reuse and redevelopment strategy that will address the serious concerns of the region’s workforce depletion caused by the adverse impacts of the tornadoes. The project will help the region become more economically resilient in the face of future disasters and spur business and social redevelopment in the region.
      • $180,000 in 2019 Disaster Supplemental funding, matched by $45,000 in local investment, to the West Central Texas Economic Development District Corporation, Abilene/Taylor County, Texas, to the West Central Texas Economic Development District with providing technical assistance and developing a regional resiliency plan to facilitate economic recovery in Abilene, Texas, an area impacted by 2018 storms and flooding. The project will focus on reconstruction and rebuilding towards resiliency while diversifying the economy to promote a quick recovery and make it more hardened to withstand future impacts of economic, natural, and other disasters, which will lead to economic stability throughout the region.
    • $6,056,896 in three Public Works projects, matched by $2,410,898 in local investments, as follows:
      • $2,589,380, matched by $647,347 in local investment, to Sampson Community College and Sampson County, Clinton/Sampson County, North Carolina, to fund construction of a new commercial truck driving training facility located in the Clinton-Sampson Industrial Park in Sampson County, a designated Opportunity Zone. This investment will support the expansion of the Sampson Community College’s truck driving school and will generate a pipeline of skilled licensed drivers to meet a significant regional employment need. Once completed, the project will create jobs, spur private investments, and advance economic resiliency. The grantees estimate that this investment will help create 291 jobs, save 243 jobs, and leverage $13,500,000 in private investment.
      • $2,271,953, matched by $567,988 in local investment, to Idaho State University, Pocatello/Bannock County, Idaho, to support the Idaho State University with construction, renovation, and expansion of an existing infrastructure to establish the Onsite Power Generation and Systems Technical Education and Training Facility in Bannock County, near a designated Opportunity Zone. The new technical education and training facility will offer courses on building, maintaining, and repairing power generation systems to help produce highly skilled technicians. The project will promote higher paying employment opportunities, promote economic diversification, and support economic growth throughout the region. The grantee estimates that this investment will help create 24 jobs.
      • $1,195,563, matched by $1,195,563 in local investment, to the Port of Newport, Newport/Lincoln County, Oregon, to support the construction of a new fixed pier, gangway, and gangway float on Port Dock 5 at the Port of Newport in Yaquina Bay, Oregon. The Port is home to the largest commercial fishing fleet and serves as the only access to a floating dock with approximately 80 vessel moorings and floating fuel facility. Once completed, the project will assist the Port in maintaining services for the existing fleet, expand local business operations, and create employment opportunities for the region’s workforce. The grantee estimates that this investment will help create 17 jobs, save 55 jobs, and leverage $3,950,000 in private investment.
    • $420,000 in two Partnership Planning projects, matched by $105,000 in local investments, to support the development and implementation of the Comprehensive Economic Development Strategy (CEDS) process. The CEDS process is designed to bring together the public and private sectors in the creation of an economic development roadmap to diversify and strengthen the regional economy.
  • EDA announced 29 investments from January 27-31, 2020, totaling $6,906,704, which is matched by $4,690,304 in local investments. These investments include the following: (1) $156,704 in two 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; (2) $1,500,000 in one Public Works project to help communities revitalize, expand, and upgrade their physical infrastructure that will help create 24 jobs; (3) $50,000 in one Local Technical Assistance project to strengthen the capacity of local or state organizations and institutions to undertake and promote effective economic development programs, and (4) $5,200,000 in 25 Partnership Planning projects to support the development and implementation of the Comprehensive Economic Development Strategy process.
    • $156,704 in two Economic Adjustment Assistance projects, matched by $89,445 in local investments, as follows:
      • $117,704, matched by $50,445 in local investment, to Oakland University, Rochester/Oakland County, Michigan, to fund a feasibility study to determine the validity of a small business service center to help support non-technology-based companies flourish in Pontiac. The study will evaluate how local, regional, and state resources can be integrated into a single entity that develops, sustains, and promotes entrepreneurial opportunities near designated Opportunity Zones. Once completed, the study will support regional planning for business expansions, which will create jobs and strengthen the regional economy.
      • $39,000, matched by $39,000 in local investment, to Jefferson County, Watertown/Jefferson County, New York, to support the development and implementation of a 5-year comprehensive economic development strategy (CEDS) for Jefferson County, which will include development of the CEDS plan itself and an in-depth tourism destination development plan to be incorporated into the 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.
    • $1,500,000 in one Public Works project, matched by $1,500,000 in local investment, as follows:
      • $1,500,000, matched by $1,500,000 in local investment, to the Venango County Economic Development Authority, Franklin/Venango County, Pennsylvania, to support the Venango County Economic Development Authority with renovating the third floor of the historic Oil City National Bank Building, to establish an Innovation Center in Venango County. The project includes creating commercial infrastructure to provide office, co-working, meeting, and maker space in a designated Opportunity Zone. Once completed, the project will be a catalyst for new business, help revitalize an industrial area, create jobs, and spur economic growth and resiliency throughout the region. The grantee estimates that this project will help create 24 jobs.
    • $50,000, in one Local Technical Assistance project, matched by $50,000 in local investment, to support the update and implementation of a comprehensive economic development strategy (CEDS) for seven counties in the southeast Wisconsin region. 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.
    • $5,200,000 in 25 Partnership Planning projects, matched by $3,050,859 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.
  • EDA announced five investments from January 20-24, 2020, totaling $1,182,267, which is matched by $819,738 in local investments. These investments include the following: (1) $65,030 in one Economic Adjustment Assistance project 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; (2) $627,237 in one Public Works project to help communities revitalize, expand, and upgrade their physical infrastructure that will help create 3,465 jobs; and (3) $490,000 in three Partnership Planning projects to support the development and implementation of the Comprehensive Economic Development Strategy process.
    • $65,030 in one Economic Adjustment Assistance project, with no local match, as follows:
      • $65,030, with no local match, to the Forest County Potawatomi Community, Crandon/Forest County, Wisconsin, to support the Forest County Potawatomi Community with conducting a study to determine the feasibility of a communications and information technology training center, to help increase the number of STEM-based employment opportunities in the region. The study will help the local tribe determine how best to encourage additional growth in media and technology-based sectors in Forest County, Wisconsin. Once completed, the training center will provide a central location for skill enhancement and entrepreneurship support in the area, which will lead to the creation of jobs and spur business throughout the region.
    • $627,237 in one Public Works project, matched by $627,238 in local investment, as follows:
      • $627,237, matched by $627,238 in local investment, to the City of Indianola, Indianola/Warren County, Iowa, to fund construction of an access road along Iowa Avenue industrial park to serve the Missouri Valley Joint Apprentice Training Center (JATC) facility in the city of Indianola. The project will help address the region’s need for a skilled workforce, specifically electrical lineman by providing apprentice with accessibility to the JATC training facility. Once completed, the project will promote higher paying employment opportunities, and support economic growth throughout the region. The grantee estimates that this project will help create $3,465 jobs.
    • $490,000 in three Partnership Planning projects, matched by $192,500 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.
  • EDA announced 13 investments from January 6-10, 2020, totaling $12,377,300, which is matched by $5,154,325 in local investments. These investments include the following: (1) $11,239,800 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 one project for $3,000,000 that will help create 635 jobs and save 55 jobs; and (2) $1,137,500 in eight Partnership Planning projects to support the development and implementation of the Comprehensive Economic Development Strategy process.
  • EDA announced 13 investments from January 6-10, 2020, totaling $12,377,300, which is matched by $5,154,325 in local investments. These investments include the following: (1) $11,239,800 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 one project for $3,000,000 that will help create 635 jobs and save 55 jobs; and (2) $1,137,500 in eight Partnership Planning projects to support the development and implementation of the Comprehensive Economic Development Strategy process.
    • $11,239,800 in five Economic Adjustment Assistance projects, matched by $4,279,950 in local investments, as follows:
      • $7,120,000 in 2018 Disaster Supplemental funding, matched by $1,000,000 in local investment, to the Sonoma County Community College District, Santa Rosa/Sonoma County, California, to support the establishment of a construction and trade employment training facility in Sonoma County, California. The project will help recovery efforts from the Sonoma Complex fires losses by building an infrastructure that will provide instructional training courses in the construction, manufacturing, and trade industries. Once completed, this project will provide future trainee’s with current employment opportunities, promote economic resiliency, and strengthen the regional economy.
      • $3,000,000, matched by $3,000,000 in local investment, to the Beall Family Foundation, Newport Beach/Orange County, California, to fund the purchase of equipment to construct a movable scientific laboratory at the University of Lab Partners located in Research Park in Orange County, California. The project will serve as an incubator that offers new start-up biotech entrepreneurs with affordable access to expensive scientific equipment in a state-of-the-art facility, including office space that can accelerate the development of ideas. Once completed, the project will support innovation, create and retain jobs, and attract private investments. The grantee estimates that this investment will help create 635 jobs and save 55 jobs.
      • $740,000 in 2019 Disaster Supplemental funding, matched by $185,000 in local investment, to the Mississippi River Regional Planning Commission, LaCrosse/LaCrosse County, Wisconsin, to support the Mississippi River Regional Planning Commission (MRRPC) of La Crosse, Wisconsin, with the creation of an economic recovery and resiliency plan to mitigate future flooding and storm-related impacts in the villages of Ontario, Readstown, Viola, and La Farge. The study will analyze the region's safest sites for business, industry workforce housing, community facilities and public infrastructure, which will help lead to the creation of jobs and businesses throughout the region.
      • $300,000 in 2019 Disaster Supplemental funds, matched by $75,000 in local investment, to the Town of Paradise, Paradise/Butte County, California, to fund the hiring of a disaster recovery manager to lead community disaster and emergency management planning in Paradise, California. The project will result in the region having a resource to prepare for response to and recovery from future disasters, which will create economic resiliency and provide sustainable jobs throughout the region.
      • $79,800 in 2018 Disaster Supplemental funding, matched by $19,950 in local investment, to the Greater Poplar Bluff Area Chamber of Commerce, Poplar Bluff/Butler County, Missouri, to support the Greater Poplar Bluff Area Chamber of Commerce with conducting a retail market analysis for the five-county region of Butler, Carter, Reynolds, Ripley, and Wayne counties in Missouri. The study will result in a market report to help address the local and regional need to restore and improve pre-disaster economic conditions. Once completed, the project will provide the region with information needed to attract and expand businesses within the Poplar Bluff downtown Opportunity Zone, which will help sustain the region’s economic growth, support job creation, and promote resiliency after future natural disasters.
    • $1,137,500 in eight Partnership Planning projects, matched by $874,375 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.
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