Grant

July 16 - 20, 2012

$1.811 million to the City of Deer Park, Washington, to fund construction of water and sewer lines, storm drains, and roadway improvements for the development of a light industrial area and business park in Deer Park. This project supports new commercial development and business opportunities leading to job creation and long term economic stability in Stevens, Pend Oreille, and northwest Spokane counties. This investment is part of a $3,621,828 project that the grantee estimates will create 500 jobs and generate $20 million in private investment.
$1.175 million to Central Park NC, Star, North Carolina, to construct expanded facilities for the successful STARworks Center for Creative Enterprise, a business incubator that provides a focused means to promote entrepreneurial growth in the distressed region of Anson, Davidson, Montgomery, Moore, Randolph, Richmond, Rowan, and Stanly counties. The incubator develops creative enterprises for placement into the central business districts of the small communities of the region. This investment is part of a $1,468,750 project that the grantee estimates will create 50 jobs and generate $1.5 million in private investment.
$780,000 to the City of Rock Hill, South Carolina, to construct core roadway infrastructure to support a warehouse and distribution center in York County. The project supports the region's distribution cluster. This investment is part of a $1.56 million project that the grantee estimates will create 550 jobs and generate $150 million in private investment.