Grant

May 5 - 9, 2014

$1.5 million in Public Works funds to Tallahassee Community College, Tallahassee, Florida, to construct road and utility infrastructure required for Tallahassee Community College’s new Wakulla Environmental Institute in Wakulla County, one of the top five bio-diversity hotspots in North America. The training offered by the Institute in fields such as aquaculture and forestry will prepare workers for job opportunities in the region. This investment is part of a $3 million project that the grantee estimates will create 100 jobs and leverage $18 million in private investment.
$1 million in Public Works funds to the City of Nome, Alaska, to fund construction of a dock and related infrastructure in Nome. This project increases the capacity of the seaport to deliver service to incoming ships and contribute to the growth of the maritime industry in the region. The improvements will position the region to be more competitive in the global marketplace by supporting increased exports and international trade. This investment is part of a $9,432,300 project that the grantee estimates will create 10 jobs and leverage $700,000 in private investment.
$1 million in Public Works funds to the City of Elk City, Oklahoma, to support the construction of a rail spur and switches, water and waste water system installation, road and street paving, drainage and erosion control and street lighting to further develop the Big Elk Industrial Park in Elk City. This project supports the expansion of existing businesses and satisfies unmet demand for other businesses looking to locate in the area. This investment is part of a $3,131,899 project.
$1 million in Public Works funds to the Port of Port Arthur Navigation District, Port Arthur, Texas, to support critical drainage and site stabilization work at the Port of Port Arthur that is an essential subcomponent of a larger $30 million Berth-6 expansion. This project supports existing and future rail, truck, and marine operations for increased exporting. This investment is part of a $2.5 million project that the grantee estimates will create 250 jobs and leverage $120 million in private investment.
$697,991 in Economic Adjustment funds to the Association of Village Council Presidents, Bethel, Alaska, to purchase training equipment for the Aviation Mechanics Program at the EDA-funded Association of Village Council of Presidents Hangar Facility at the Bethel Municipal Airport. This project will train local students to become FAA-qualified airplane mechanics, and help the region create a growing, sustainable, and diversified economy. This investment is part of an $872,489 project.
$500,000 in Economic Adjustment funds to Coastal Enterprises, Inc., Wiscasset, Maine, to support the recapitalization of an existing revolving loan fund (RLF) to serve small- and medium-sized businesses engaged in the commercial fishing sectors in Maine’s eight coastal counties—Cumberland, Hancock, Knox, Lincoln, Sagadahoc, Waldo, Washington, and York. The RLF will offer credit capital to entrepreneurs in the target region to expand their businesses, purchase equipment and other services needed to improve efficiency and meet regulatory requirements, leading to economic growth and job creation in the region. This investment is part of a $1 million project.
$465,000 in Public Works funds to the Town of Wellsville and the Village of Wellsville, New York, to support construction of public water infrastructure to serve businesses along the NY State Route 417 corridor. The improved water system will provide sufficient water capacity to enhance the corridor’s fire protection services and accommodate new industrial development and job creation in the region. This investment is part of a $930,000 project that the grantees estimate will create 18 jobs and save 645 jobs.