Grant

February 3 - 7, 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.