Grant

August 8 - 14, 2020

EDA announced 156 investments from August 8-14, 2020, totaling $120,913,242, which is matched by $26,450,509 in local investments. These investments include the following: (1) $22,708,921 in seven 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 four investments for $17,987,149 that will help create 1,103 jobs, save 83 jobs, and leverage $200,240,000 in private investments; (2) $83,118,506 in 141 Economic Adjustment Assistance-COVID-19 Recovery and Resiliency Projects to help alleviate sudden and severe economic dislocation caused by the coronavirus pandemic; (3) $14,845,815 in seven Public Works project to help communities revitalize, expand, and upgrade their physical infrastructure that will help create 1,533 jobs, save 868 jobs, and leverage $288,117,000 in private investments; and (4) $240,000 in one Partnership Planning project to support the development and implementation of the Comprehensive Economic Development Strategy process.
- $22,708,921 in seven Economic Adjustment Assistance projects, matched by $10,212,141 in local investments, as follows:
  - $8,485,749 in 2019 Disaster Supplemental funding, matched by $2,121,437 in local investment, to the City of Council Bluff/Pottawattamie County, Iowa, to support the City of Council Bluff with improving its levee system in Pottawattamie County, Iowa, located near a designated Opportunity Zone. The project supports long term recovery efforts from severe storms that devasted the region by adding a robust seepage/stability berm along the city’s existing flood risk reduction levee system. Once completed, the project will create jobs, and protect and maintain the city’s transportation, infrastructures, industries, and businesses, which will help bolster economic resiliency throughout the region. The grantee estimates that this investment will help create 95 jobs.
  - $6,000,000 in 2019 Disaster Supplemental funding, matched by $4,350,000 in local investment, to the City of Lexington, Lexington/Lafayette County, Missouri, to support the City of Lexington with addressing the local and regional need for a resilient and sustainable water supply by constructing new well fields, improved treatment facilities, and additional components in Lafayette County, Missouri, a designated Opportunity Zone. The project will assist the region with recovery efforts from severe flooding and will provide infrastructure that will continue functioning in the face of natural disasters and high-water events. Once completed, the project will support business continuity operations, save and create jobs, attract private investment, and bolster economic resiliency throughout the region. The grantee estimates that this investment will help save 80 jobs.
  - $3,747,660 in 2019 Disaster Supplemental funding, matched by $2,498,440 in local investment, to the Greene County Board of Commissioners, Xenia/Greene County, Ohio, to support the Greene County Board of Commissioners with constructing a new sanitary sewer infrastructure and the elimination of three existing lift stations in Greene County, Ohio. The project will assist the region with recovery efforts from the 2019 tornadoes by incorporating a gravity-based system that will eliminate the need for electricity and enhance the reliability of the area’s sewer system during disastrous events. Once completed, the protect will help spur private investment and advance economic resiliency throughout the region.
  - $2,000,000 in 2019 Disaster Supplemental funding, matched by $560,636 in local investment, to Pulaski County/City of Little Rock, Little Rock/Pulaski County, Arkansas, to fund the redevelopment of the existing Fourche Dam Pike Road Corridor in Pulaski County, Arkansas, a designated Opportunity Zone. The project involves a full depth milling of existing asphalt and construction of a wider roadway thoroughfare that will accommodate industrial traffic with a dedicated center left-turn lane. Once completed, the project will aid current and future port businesses, attract private investment, create jobs, and bolster economic resiliency throughout the region. The grantees estimate that this investment will help create 1,000 jobs and leverage $200,000,000 in private investment.
  - $1,501,400 in Assistance to Coal Communities, matched by $375,600 in local investment, to the Town of Mountain City, Mountain City/Johnson County, Tennessee, to fund upgrades to the existing water lines and wastewater collection system infrastructure to support the ongoing operations and future expansion of a flooring manufacturing firm and other local businesses in Johnson County, Tennessee, a designated Opportunity Zone. Once completed, the project will support recovery efforts from natural disasters and help mitigate the decline of the coal industry by diversifying the economy and creating jobs, which will lead to economic growth and stability throughout the region. The grantee estimates that this investment will help create 8 jobs, save 3 jobs, and leverage $240,000 in private investment.
  - $824,112 in 2019 Disaster Supplemental funding, matched by $206,028 in local investment, to the Town of Cheraw, Cheraw/Chesterfield County, South Carolina, to support the Town of Cheraw with upgrading its critical water line infrastructure to bolster resiliency of the water system in Chesterfield County, South Carolina, near a designated Opportunity Zone. The project will help improve business continuity during and after major natural disasters, reduce water service disruption to customers, and provide a more reliable access to raw water for the entire town during heavy rain events. Once completed, the project will promote resiliency, mitigate the effects of natural disasters, and strengthen the regional economy.
  - $150,000 in Assistance to Coal Communities, matched by $100,000 in local investment, to the Lenowisco Planning District Commission, Duffield/Scott County, Virginia, to support the LENOWISCO Planning District Commission with developing a plan for the Southwest Virginia Energy Park in Duffield, Virginia, to allow for the development of a new energy sector in the region. The project will help address the local and regional need for developing infrastructure to host companies interested in studying, perfecting, and commercializing innovative energy research. Once completed, the project will help support job retention, create new opportunities and attract private investment to an area that has been impacted by the decline in the coal industry.
- $83,118,506 in 141 Economic Adjustment Assistance-COVID- 19 Recovery and Resiliency Projects, as follows:
- $14,845,815 in seven Public Works projects, matched by $16,135,510 in local investments, as follows:
  - $3,000,000, matched by $5,133,000 in local investment, to Clinton County, Frankfort/Clinton County, Indiana, to fund construction of a reliable wastewater infrastructure to attract new industrial users and increase economic activity in Clinton County, Indiana. The project will expand infrastructure to open an additional 200 acres for development along the I-65 and SR-28 interchange, which will allow new wastewater system access to advance economic resiliency, spur private investment, and create jobs throughout the region. The grantee estimates that this investment will help create 150 jobs, save 650 jobs, and leverage $37,000,000 in private investment.
  - $3,000,000, matched by $3,390,000 in local investment, to the Klamath Community College, Klamath Falls, Oregon, to fund construction of an Apprenticeship/Industrial Trade Center and Fire Academy, in Klamath County, Oregon. The new industrial space allows for hands-on training and pre-apprenticeship programs for transitioning high schoolers by expanding existing programs, increasing CTE programs, and offering specialized fire science training for Klamath and Lake County residents. Once completed, the project will help upskill the region’s workforce by providing a pipeline of skilled workers, which will bolster workforce development, create jobs, attract private investment, and strengthen the regional economy. The grantee estimates that this investment will help create 166 jobs and generate $677,000 in private investment.
  - $2,310,000, matched by $790,000 in local investment, to the University of Rhode Island Research Foundation, Kingston/Washington County, Rhode Island, to support the University of Rhode Island Research Foundation with establishing the “401 Tech Bridge” advanced materials innovation center at two sites: the University of Rhode Island in Kingston for direct university research, and the Polaris Manufacturing Extension Partnership-led facility in Portsmouth for industry collaboration. The project will foster a collaboration between the University of Rhode Island, the Naval Undersea Warfare Center, local industry, and educational institutions, which will support an emerging innovation cluster, encourage entrepreneurship, benefit a nearby Opportunity Zone, and promote economic growth throughout the region. The grantee estimates that this investment will help create 400 jobs and generate $440,000 in private investment.
  - $2,092,412, matched by $2,092,413 in local investment, to Battle Creek Unlimited, Battle Creek/Calhoun County, Michigan, to support Battle Creek Unlimited and its partners with developing a second-stage food processing business incubator that will serve the region's food processing firms in Calhoun County, Michigan. The new facility will provide space for product testing and production as well as business-oriented training for businesses using the facility. Once completed, the project will help catalyze the next generation of economic growth in a critical local industry cluster, which will bolster job creation, attract private investment, and strengthen the regional economy. The grantee estimates that this investment will help create 104 jobs and leverage $8 million in private investment.
  - $1,943,403, matched by $573,947 in local investment, to the City of South Pittsburg/Marion County, Tennessee, to support the City of South Pittsburg with the purchase and installation of a Liquid Natural Gas Storage and Regasification System to fill the critical need for energy supply in Marion County, Tennessee. The project will help prepare the site, install back-up power generation, and construct utilities to increase capacity, which will provide uninterruptible gas supply in a designated Opportunity Zone. Once completed, the project will help advance the manufacturing sector, promote export development, support business resilience in the aftermath of recent floods, and strengthen the regional economy. The grantee estimates that this investment will help create 450 jobs, save 218 jobs, and leverage $72,000,000 in private investment.
  - $1,500,000, matched by $3,056,150 in local investment, to Banks County, Homer/Banks County, Georgia, to fund construction of critical infrastructure improvements to the county’s sewer system to accommodate a new manufacturing industry expansion in Banks County, Georgia. The project will provide a resilient sewer system to assist local businesses, including a leading industrial fabricator of metal and steel. Once completed, the project will create jobs, increase economic resiliency, attract private investment, and promote the advancement of the manufacturing industry within the region. The grantee estimates that his investment will help create 50 jobs and leverage $20,000,000 in private investment.
  - $1,000,000, matched by $1,100,000 in local investment, to the City of Baxter/Putnam County, Tennessee, to support the city of Baxter with construction of a crucial water and wastewater system that will improve its existing sewer system in Putnam County, Tennessee, a designated Opportunity Zone. The improvements will attract new businesses to the area, including a major foreign ceramic tile manufacturer, which will help bolster job creation, provide long-term economic growth, and spur business development throughout the region. The grantee estimates that this investment will help create 213 jobs and leverage $150,000,000 in private investment.
- $240,000 in one Partnership Planning project, matched by $102,858 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.