Grant

March 23 - 27, 2015

$3 million in Public Works funds to the Findlay Township Municipal Authority, Clinton, Pennsylvania, to support construction of a wastewater treatment plant in Findlay Township, a critical growth area near the Pittsburgh International Airport. The new plant will provide sufficient water capacity to serve existing businesses and accommodate new commercial/industrial development and job creation in the region. This investment is part of an $11,353,690 project that the grantee estimates will create 2,420 jobs and leverage $783 million in private investment.
$613,905 in Public Works funds to the Curators of the University of Missouri and the City of Columbia, Missouri, to support construction of roadway and utility infrastructure necessary for continued development of the Discovery Ridge Research Park. The construction will enable new and existing industries constrained by limitations on the roadway and sewer systems to expand and grow. This investment is part of a $1,227,810 project that the grantees estimate will create 68 jobs and leverage $48 million in private investment.
$600,000 in Economic Adjustment funds to the Planning and Development District III and the Areawide Business Council, Inc., Yankton, South Dakota, to support the recapitalization of an existing revolving loan fund (RLF). The RLF will be used to increase the lending capacity and provide gap financing to businesses in two disaster-designated counties—Hanson and Jerauld, which are recovering from recent tornado damage. This investment is part of an $800,000 project.
$500,000 in Economic Adjustment funds to the South Eastern Development Foundation, Sioux Falls, South Dakota, to support the creation of a revolving fund (RLF) to serve disaster-impacted businesses in the counties of Clay, Lincoln, McCook, Minnehaha, Turner, and Union. RLF assistance will be used to promote entrepreneurship, innovation, and job creation in the region. This investment is part of a $1 million project.