Grant

January 12 - 18, 2018

  • $5,131,560 in two Public Works projects as follows:
    • $2,964,36https://www.eda.gov/news/press-releases/2018/01/18/highland-ca.htm0 to the San Manuel Band of Mission Indians and San Bernardino County, Highland, California, to fund the construction of two roadways to support access to an airport and commercial zone in Highland, which is in the vicinity of the San Manuel Reservation. The improvements will enhance access to several commercial businesses, which will help strengthen the local economy by serving as a catalyst for new industrial development and job creation in the region. The grantees estimate that this investment will help create 394 jobs and leverage $23 million in private investment.
    • $2,167,20https://www.eda.gov/news/press-releases/2018/01/18/coopersville-mi.htm0 to the City of Coopersville, the Allendale Charter Township, and the Polkton Charter Township, Coopersville/Ottawa County, Michigan, to construct an upgrade of a municipal water system by increasing water volumes and reliability to support the growing diary processing industry cluster and manufacturing base in Coopersville. The improvements will help build a reliable redundant water system that will supply the local manufacturing communities with a sustainable amount of water and provide adequate capacity for future development. This investment will help strengthen the local economy, support private capital investment and create jobs throughout the region. The grantees estimate that this investment will help create 70 jobs and leverage $54 million in private investment.
  • $2,009,147 in three Economic Adjustment Assistance projects as follows:
    • $1.5 millhttps://www.eda.gov/news/press-releases/2018/01/18/mt-vernon-tx.htmion to the City of Mount Vernon and the City of Sulphur Springs, Texas, to fund infrastructure to help repurpose rail lines to the Northeast Texas Rural Rail Transportation (NETEX) corridor that includes additional rail siding, an industrial lead track, and transload tracks. The new terminal, Franklin County International Railport (FCIR), will be a low-volume transload terminal for receipt and shipment of rail cars, serving local businesses in Northeast Texas and Southwest Arkansas. The investment will support local businesses with opening new markets in the area and reduce transportation cost, which will bring in new investment, jobs, and related economic activity to diversify and strengthen the regional economy. The grantees estimate that this investment will help create 82 jobs, save 55 jobs, and leverage $2 million in private investment.
  • $1.89 million in nine 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.