Grant

August 24 - 30, 2018

  • $3.49 million in two Public Works projects as follows:
    • $3 million to the County of Cape May, New Jersey, to fund the construction of a multi-tenant building specifically designed for the needs of companies in the Unmanned Aerial Systems (UAS) industry. The building with proposed parking area, access roads and expansion of storm water facilities will be located within the Cape May County Airport. The project will provide stability for economic development through long-term intergovernmental and public/private collaboration that supports the growth of the emerging UAS industry. The grantee estimates that this investment will help create 130 jobs and leverage $1.9 million in private investment.
    • $490,000 to the City of Sallisaw, Oklahoma, to fund the North Electrical Substation Improvement project to increase power reliability and capacity that the City of Sallisaw can provide to industry and meet the increasing demands of businesses in Sequoyah County, Oklahoma. The project will support job retention and business expansions, which will result in new higher paying jobs and additional employment throughout the region. The grantee estimates that this investment will help save 694 jobs.
  • $11,992,724 in seven Economic Adjustment Assistance projects as follows:
    • $5,584,880 in 2018 Disaster Supplemental funding to the Foundation for Puerto Rico, San Juan, Puerto Rico, to support long-term recovery planning for six regions in Puerto Rico outside of San Juan that were impacted by Hurricanes Irma and Maria. The investment will provide technical assistance to create a destination plan for each region, build the capacity of existing small and medium size businesses, assist with the creation of new tourism related companies and provide workshops promoting business continuity and preparedness. The plan will also assist with sustainability in each region and establish strong relationships with local leaders, government and the business community to increase resiliency and preparedness for future catastrophic events. The grantee estimates that this investment will create 24 jobs, save 432 jobs, and leverage $80,000 in private investment.
    • $1,944,940 in 2018 Disaster Supplemental funds to Berkeley County, South Carolina, to fund the construction of core infrastructure to provide reliable, resilient water service to Camp Hall Park Berkeley County, South Carolina to support current production and new expansion of a car manufacturing facility. The scope of work will consist of the installation of a new water line which will connect the Dorchester and Berkeley county water systems, a master meter station, a booster pump station and all associated appurtenances. The investment will bring together the public and private sectors to create an economic development roadmap to strengthen the regional economy, support private capital investment and create jobs. The grantee estimates that this investment will help create 1,910 jobs and leverage $520 million in private investment.
    • $1,550,104 in 2018 Disaster Supplemental funds to the Annie E. Casey Foundation, Inc., Baltimore, Maryland, to fund site and infrastructure improvements to support the development of Pittsburgh Yards. This project is expected to provide a mixture of commercial and light industrial space, including office space, storage, commercial kitchen space, farming and limited shared retail store frontage along the Atlanta BeltLine for businesses that employ residents from neighboring communities. The investment will bring together the public and private sectors to create an economic development roadmap to strengthen the regional economy, support private capital investment and create jobs. The grantee estimates that this investment will help create 270 jobs and leverage $20 million in private investment.
    • $1.41 million in 2018 Disaster Supplemental funds to the City of Hawkinsville, Georgia, to fund upgrades to the Hawkinsville North Water Pollution Control Plant to accommodate waste loads generated by an expanding industry and a new business locating to the Hawkinsville Highway 247 Industrial and Distribution Park. The improvements will open up acres of available land at the park for industrial development. The investment will bring together the public and private sectors to create an economic development roadmap to strengthen the regional economy, support private capital investment and create jobs. The grantee estimates that this investment will help create 82 jobs and leverage $53 million in private investment.
    • $1.2 million in 2018 Disaster Supplemental funds to the City of Port Lavaca, Texas, to fund the repair of infrastructure in the Harbor of Refuge on the southeastern boundary of Port Lavaca, Texas. This investment will support the retention of existing businesses by providing a safe location for boats to transport commerce during storms and disasters. Completion of the project will lead to the capitalization on new opportunities and creation of jobs to diversify and strengthen the local economy. The grantee estimates that this investment will help save 30 jobs and leverage $250,000 in private investment.
    • $250,000 to Snowy Mountain Development Corporation, Lewistown, Montana, to support the establishment of a Revolving Loan Fund (RLF) for gap financing to businesses in Fergus, Judith Basin, Petroleum, Golden Valley, Musselshell, and Wheatland counties, Montana. The RLF will target agricultural producers and related businesses that were impacted by the drought and the reduced air quality due to the wildfires, which will provide economic stability and growth for the region. The grantee estimates that this investment will help create 10 jobs, save 40 jobs, and leverage $2 million in private investment.
    • $52,800 in 2018 Disaster Supplemental funds to the Florida Department of Economic Opportunity, Tallahassee, Florida, to support the Florida Department of Economic Opportunity (DEO) in its efforts to help businesses recover from natural disasters, such as Hurricane Irma, through a combination of preventative measures developed to assist communities to better prepare for emergencies. The investment will aid in the development of rapid response initiatives and also develop an effective, real-time communication mechanism that brings together federal, state, and local governmental entities, as well as economic development and community-based organizations to respond to such emergencies.
  • $772,000 in 14 Partnership Planning projects 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.
  • $245,125 in two Technical Assistance projects as follows:
    • $143,025 to the University of Oregon, Eugene, Oregon, to support the second year of a five-year University Center Economic Development Program, which is a competitively-based partnership between EDA and academic institutions that makes the varied and vast resources of universities available to the economic development practitioner community.
    • $102,100 to the University of Arkansas System, Little Rock, Arkansas, to support the Arkansas Economic Development Institute with conducting a feasibility study to evaluate the potential for a leadership institute in the Arkansas-Louisiana-Texas-Oklahoma (ArkLaTexoma) region. The curriculum will teach the necessary leadership skills and address three areas of focus: talent, technology and tolerance to enhance economic development opportunities for the ArkLaTexoma regional community.