Grant

June 19 - 23, 2017

$620,000 to the City of Shelby, Montana, to fund a main waterline extension to support the expansion of a manufacturing facility. The waterline expansion will improve capacity, reliability and distribution which will impact the areas economic vitality, ensure adequate infrastructure, retention of area jobs, and remove barriers to economic growth. This expansion will allow the area to expand its manufacturing cluster. This investment is part of a $1.1 million project that the grantee estimates will create 40 jobs and leverage $8.1 million in private investment.
$236,000 to Kansas City, Missouri, to fund the construction of new infrastructure to replace an aging and break-prone water main. The project will allow for continued business momentum and job creation in the area through the construction of a new waterline at a former steel facility. In addition, the completion of the project will support business retention, job creation and create economic stability in the region. This investment is part of a $472,000 project that the grantee estimates will save 66 jobs and leverage $5 million in private investment.
$250,000 to TruFund Financial Services, Inc., New Orleans, Louisiana, to provide technical assistance to small businesses including minority and women-owned businesses operating in the construction and related government contracting industries. Additionally, the programs offered by the applicant will increase the efficiency of preparedness, organization and work processes that will aid in access to capital. This investment is part of a $312,500 project that the grantee estimates will create 44 jobs and save 50 jobs.