Grant

December 17 - 28, 2012

  • $2,069,600 in 2012 Disaster Recovery Relief Opportunity funds to the city of Yankton, South Dakota, to support construction of critical infrastructure improvements to the city of Yankton’s wastewater collection, transmission, and treatment systems necessary to withstand changes in groundwater levels due to future flooding. The improvements will assist the city in recovering from the flooding and erosion that occurred in 2011, and will help with job creation and economic development efforts needed to make the community more resilient to future disasters. This investment is part of a $2.587 million project.
  • $1.6 million in 2012 Disaster Recovery Relief Opportunity funds to the city of Minot and the Souris Basin Planning Council, Minot, North Dakota, to fund construction of a sewer line and roadway infrastructure in the North Hill section of the city to support construction of a grocery store, multiple retail outlets, apartments and homes, and commercial development. The city was divided in half from the 2011 Mouse River Flood and thousands of residents were stranded without access to very basic needs. This investment will help strengthen the infrastructure needed for a more robust retail base, assist the community in recovering from the flooding and erosion that occurred in 2011, and also help with job creation and economic development efforts needed to make the community more resilient to future disasters. This investment is part of a $2 million project that the grantees estimate will create 315 jobs and generate $30 million in private investment.
  • $1.12 million in 2012 Disaster Recovery Relief Opportunity funds to the city of Kingston, New York, to support the repair and stabilization of a tunnel and main thoroughfare in Kingston. Flood waters from Tropical Storm Lee and Hurricane Irene caused a sinkhole and tunnel failure on Washington Street. As a result, business and commercial traffic in this vital and busy intersection has been rerouted, creating a financial hardship on businesses in the downtown city center areas. This investment is part of a $1.4 million project.
  • $800,000 in 2012 Disaster Recovery Relief Opportunity funds to the Lake Champlain/Lake George Regional Planning Board, Lake George, New York, to recapitalize an existing Revolving Loan Fund (RLF) operated by the Lake George/Lake Champlain Regional Planning Board. Following severe flooding in the region caused by Hurricane Irene and Tropical Storm Lee in 2011, the Board saw increased demand from small and medium-sized businesses in need of post disaster recovery aid. The recapitalized RLF will provide low-cost, short-term financing to flood related, at-risk firms, assisting these companies’ ongoing rebuilding and debt consolidation efforts. Assisting these local businesses will position the region to become more economically and physically resilient to disasters in the future. This investment is part of a $1 million project.