Grant

September 28 - October 2, 2020

EDA announced 24 investments from September 28-October 2, 2020, totaling $50,224,081, which is matched by $15,595,637 in local investments. These investments include the following: (1) $24,765,320 in five Economic Adjustment Assistance-COVID-19 Recovery and Resiliency Projects to help alleviate sudden and severe economic dislocation caused by the coronavirus pandemic, which includes two projects for $4,415,320 that will help create 1,025 jobs and leverage $200,000,000 in private investments; (2) $16,408,087 in 12 Economic Adjustment Assistance projects to help communities design and implement strategies to adjust or bring about change to their economy in response to structural damage to their underlying economic base, which includes six projects for $8,820,620 that will help create 1,111 jobs, save 1,074 jobs; and leverage $47,505,000 in private investments; (3) $8,936,372 in five Public Works projects to help communities revitalize, expand, and upgrade their physical infrastructure that will help create 313 jobs, save 1,083 jobs, and leverage $49,800,000 in private investments; (4) $37,500 in one Local Technical Assistance project to strengthen the capacity of local or state organizations and institutions to undertake and promote effective economic development programs; and (5) $76,802 in one Partnership Planning project to support the development and implementation of the Comprehensive Economic Development Strategy process.
- $24,765,320 in five Economic Adjustment Assistance-COVID- 19 Recovery and Resiliency Projects, matched by $2,443,984 in local investments, as follows:
  - $3,850,000 in one COVID-19 Recovery and Resiliency Project, matched by $962,500, to the following grantee to capitalize a Revolving Loan Fund:
    - $3,850,000, matched by $962,500 in local investment, to the NDC Economic Development Lending, Inc., New York, New York, to capitalize a $3,412,500 Revolving Loan Fund (RLF) to lend to borrowers in the following geographic region: the state of Washington. This EDA investment also provides $437,500 to defray the cost of administering the RLF.
  - $20,915,320 in four COVID-19 Recovery and Resiliency Economic Adjustment Assistance Projects, matched by $1,481,484 in local investments, as follows:
    - $15,000,000 to the State of Washington, Olympia/Thurston County, Washington, to support the implementation of a technical assistance program and development of a comprehensive plan to re-open the statewide economy in Washington State, including designated Opportunity Zones. The project will make resources available to business enterprises in multiple industries, to improve their ability in response to the adverse economic impacts caused by the COVID-19 pandemic. Once completed, the project will support the creation of sustainable employment opportunities for the state’s workforce and advance economic resiliency throughout the region.
    - $2,500,000, matched by $625,000 in local investment, to the City of Newport, Newport/Jackson County, Arkansas, to support the City of Newport with construction of the Regional IT Training Center to meet industry’s growing need for a highly skilled information technology workforce in Jackson County, Arkansas. The construction of the 12,000 square foot downtown facility includes offices, training rooms, co-working spaces, additional parking spaces, and a new driveway, which will enable the creation of an apprenticeship program to train 120 to 180 information technology professionals each year, as well as provide incubator space for local entrepreneurs. The EDA investment will alleviate sudden and severe economic dislocation caused by the coronavirus (COVID-19) pandemic, provide permanent resources to support economic resiliency, and further the long-term economic adjustment objectives of the region served by this EDA investment. The grantee estimates that this investment will help create 25 jobs.
    - $1,915,320, matched by $478,830 in local investment, to the Sioux Falls Development Foundation, Inc., Sioux Falls/Minnehaha County, South Dakota, to support the Sioux Falls Development Foundation, Inc., with making water and sewer improvements to allow expansion of the Foundation Park Phase II project in Minnehaha County, South Dakota, near a designated Opportunity Zone. Once completed, the extension will support the construction of a distribution facility, which will help create new employment opportunities, attract private investment, increase resiliency and assist the region with recovery efforts resulting from the economic effects of COVID-19. The grantee estimates that this investment will help create 1,000 jobs and leverage $200,000,000 in private investment.
    - $1,500,000, matched by $377,654 in local investment, to the New Mexico Economic Development Department, Santa Fe/Santa Fe County, New Mexico, to support the New Mexico Economic Development Department (NMEDD) with developing a statewide economic recovery plan to help with recovery efforts from the economic effects of COVID-19 in New Mexico. In coordination with the State’s EDA designated Economic Development Districts (EDDs), the NMEDD will create a statewide comprehensive economic development strategy (CEDS), including a Recovery and Long-Term Economic Diversification plan. Once implemented, the plan will also support the NMEDD in expanding capacity to coordinate Opportunity Zone efforts and assist local governments and organizations in identifying economic development projects and funding opportunities, which will increase resiliency, create jobs, attract private investment, and strengthen the regional economy.
- $16,408,087 in 12 Economic Adjustment Assistance projects, matched by $8,879,756 in local investments, as follows:
  - $2,623,000 in 2019 Disaster Supplemental funding, matched by $2,000,000 in local investment, to Jackson County, Marianna/Jackson County, Florida, to support Jackson County with an industrial building for the much-needed Project Blue Sky, a distribution and manufacturing business, to support economic diversification in Jackson County, Florida, an area hit hard by Hurricane Michael in 2018. The project in the Jackson County Industrial Park will construct 44,000 square feet of warehouse and manufacturing space and 6,000 square feet of office space which will enable Project Blue Sky to produce commercial and industrial laundry equipment. Once completed, the project will increase resiliency, mitigate the effects of natural disasters, support export development, and promote regional economic growth. The grantee estimates that this investment will help create 200 jobs, save 200 jobs, and leverage $2,000,000 in private investment.
  - $2,584,000 in Assistance to Coal Communities, matched by $2,416,000 in local investment, to the City of Kenova, Kenova/Wayne County, West Virginia, to support the City of Kenova with improving its existing water line infrastructure to provide adequate water and fire flows to six commercial businesses, 13 industrial businesses and the Heartland Intermodal Facility in Wayne County West Virginia. Once completed, the project will help promote new business creations, generate and retain jobs, attract private investment, and advance economic resiliency to an area that has been impacted by the decline in the coal industry. The grantee estimates that this investment will help create 39 jobs, save 474 jobs, and leverage $4,250,000 in private investment.
  - $2,166,719 in 2018 Disaster Supplemental funding, matched by $380,081 in local investment, to the Governor’s Energy Office, Augusta/Kennebec County, Maine, to support the Governor’s Energy Office with comprehensive planning for wind power generation to mitigate the effects of recent natural disasters in the eight coastal counties of York, Cumberland, Sagadahoc, Lincoln, Knox, Waldo, Penobscot, and Washington in Maine. The project will create a roadmap for establishing a floating offshore wind power industry by examining manufacturing, supply chains, port facilities, transportation systems, shipbuilding, workforce development, power interconnection, export opportunities, and economic impacts. Once completed, the project will promote resiliency, support innovation, advance green end-products, and strengthen the regional economy.
  - $2,000,000 in 2019 Disaster Supplemental funding, matched by $1,213,000 in local investment, to the City of Woodward/Woodward County, Oklahoma, to support the City of Woodward with revitalizing an abandoned building in Woodward’s Industrial Airport in Woodward County, Oklahoma. The project will assist the region with recovery efforts from the 2018 fire that devasted the region by rehabilitating a previously abandoned building to attract new business to the industrial park. Once completed, the project will support long term recovery efforts by mitigating the effects of disaster events, promoting resiliency in the area, and strengthening the regional economy.
  - $2,000,000, matched by $1,036,995 in local investment, to the Scotland Economic Development Corporation, Laurinburg/Scotland County, North Carolina, to support the Scotland County Economic Development Corporation with construction of an industrial incubator to provide workspace for startup companies and expanding industries in Scotland County, North Carolina, an area hit hard by Hurricane Florence in 2018. Once completed, the project will increase long-term resiliency, promote manufacturing, create employment opportunities, generate private investment, and help diversify the regional economy. The grantee estimates that this investment will help create 300 jobs and leverage $10,000,000 in private investment.
  - $1,500,000, matched by $375,000 in local investment, to the Conway County Levee District 6, Morrilton/Conway County, Arkansas, to support the Conway County Levee District 6 with installing a permanent stormwater pump station to mitigate flooding risk at the Oppelo Bottoms industrial park in Conway County, Arkansas. The project will assist the region with recovery efforts from the 2019 Arkansas River Flood by strengthening its levee system to convey stormwater from the landward side of the levee to the Arkansas River side of the levee. Once completed, the project will allow major employers to remain in the area during future flooding events, promote resiliency, and strengthen the regional economy. The grantee estimates that this investment will help save 400 jobs and leverage $30,000,000 in private investment.
  - $1,100,000 in 2019 Disaster Supplemental funding, matched by $750,000 in local investment, to the City of Altus, Altus/Jackson County, Oklahoma, to support the City of Altus and Jackson County with the construction of a detention pond necessary to complete the Altus Economic Loop in Jackson County, Oklahoma, a designated Opportunity Zone. The project will help the community recover from recent disasters and become more resilient by reducing flood risk and road closures during extreme weather events. Once completed, the project will promote resiliency, mitigate the effects of natural disasters, and strengthen the regional economy. The grantee estimates that this investment will help create five jobs.
  - $813,620 in 2019 Disaster Supplemental funding, matched by $203,405 in local investment, to the City of Port Washington, Port Washington/Ozaukee County, Wisconsin, to support the City of Port Washington with purchasing power generators to fill the critical need for back-up power at the City’s water and wastewater treatment plants that lost power in a disastrous 2018 summer storm in Ozaukee County, Wisconsin. The project will purchase and install new electrical service equipment, switch gear and transfer switches, and the 450kw diesel-powered generators for the plants. Once completed, the project will provide reliable back-up power, protect high-paying industrial jobs, promote tourism, prevent a loss of water service to local employers as well as untreated sewer discharges into Lake Michigan, and increase resilience to future weather-related disasters throughout the region. The grantee estimates that this investment will help create 567 jobs and save 1,255 jobs.
  - $530,748 in 2019 Disaster Supplemental funding, matched by $132,687 in local investment, to the City of Nebraska, Nebraska/Otoe County, Nebraska, to support the City of Nebraska with addressing the local and regional need for a resilient critical infrastructure by replacing an essential culvert on South 19th Street in Otoe County, Nebraska. The project will assist with recovery efforts from the 2019 floods by constructing a new twin barrel concrete box culvert, which will mitigate the effects of future flooding events. Once completed, the project will support an industrial area with several large regional employers as well as providing safe and convenient access for emergency services, which will help advance the manufacturing industry and promote economic resiliency throughout the region.
  - $500,000 in 2019 Disaster Supplemental funding, matched by $125,000 in local investment, to the Grambling State University/Gramling University Foundation, Grambling/Lincoln County, Louisiana, to support the Gambling State University (GSU) and Grambling University Foundation with conducting a feasibility study that supports asset identification, development of public and private partnerships, and resilient economic development strategies that directly impact the growth of GSU, its host community, and the surrounding area within the Northwest Louisiana Region. The study will serve as a road map to foster innovation and economic resiliency that will directly impact the following parishes: Lincoln Parish, Bienville Parish, Bossier Parish, Caddo Parish, DeSoto Parish and Webster Parish. Once completed, the project will promote community resilience and mitigate the effects of future natural disasters within designated Opportunity Zones, which will help strengthen the regional economy.
  - $350,000 in Assistance to Coal Communities, matched by $87,588 in local investment, to the Northern Arizona University, Flagstaff/Coconino County, Arizona, to support the Northern Arizona University with establishing a workforce development program focused upon the forest products industry in Flagstaff, Arizona. The project work activities include completion of a survey to assess needs for forest operations workers, development of a training center curriculum, development and planning of workshop and seminar events, execution of collaboration with key industry partners, and performing an examination of the status of lumber producers and related business entities. Once completed, the project will support economic diversification, increase job creation and resiliency, and attract private investment to an area that has been impacted by the decline in the coal industry.
  - $240,000 in Assistance to Coal Communities, matched by$160,000 in local investment, to Campbell County, Gillette/Campbell County, Wyoming, to support Campbell County with a marketing campaign to help fill the critical need for increased commercial and industrial opportunities for the vast coal resources in Campbell County, Wyoming, an area hit hard by the decline in the coal industry. The project will brand the region as Carbon Valley USA, center for innovation in advanced carbon-based technology and research. The project will also identify carbon research organizations for marketing outreach, increase awareness of Carbon Valley for relocating and expanding key industries, and develop promotion strategies for an international carbon conference to be hosted in Campbell County. Once completed, the project will increase resiliency, help attract businesses and entrepreneurs to the area, assist existing manufacturers in modernization efforts, promote export development, and foster economic diversification in the region.
- $8,936,372 in five Public Works projects, matched by $4,221,897 in local investments, as follows:
  - $3,377,902, matched by $844,475 in local investment, to Calumet City, Calumet/Cook County, Illinois, to support Calumet City with improving and expanding the city’s Riverside Drive Industrial Park, to attract new employers to Cook County, Illinois, a designated Opportunity Zone. The project will construct a new roadway, reconstruct an existing roadway, and improve the water and sewer infrastructure system within the industrial park. Once completed, the project will support the expansion of the manufacturing industry, retain and create jobs, attract private investment and strengthen the regional economy. The grantee estimates that this investment will help create 104 jobs, save 65 jobs, and leverage $13,500,000 in private investment.
  - $1,837,500, matched by $787,500 in local investment, to the City of Abilene, Abilene/Taylor County, Texas, to support the City of Abilene with constructing road improvements necessary to grow the Five Points Business Park industrial site in Taylor County, Texas, a designated Opportunity Zone. The improvements will meet the truck access needs of two companies committed to locating within the business park, with the potential to accommodate a third company, and assist with advancing the manufacturing industry to help diversify the regional economy. Once completed, the project will catalyze future investments, provide access to higher-wage and high-quality jobs, and bolster economic resiliency throughout the region. The grantee estimates that this investment will help create 89 jobs, save 27 jobs, and leverage $12,700,000 in private investment.
  - $1,600,000, matched by $400,000 in local investment, to the Louisiana Universities Marine Consortium, Chauvin/Terrebonne County, Louisiana, to support the Louisiana Universities Marine Consortium with bulkhead and interlocking sheet pile construction and appurtenances to serve a new Marine Operations Center and accommodate research vessels in Terrebonne Parish, Louisiana. The new Marine Operations Center will offer training programs in marine technologies, fisheries, aquaculture, natural resource development, oceanography, and resilient building techniques, while providing researchers with access to equipment and supplies for their offshore and inland projects during high water events. Once completed, the project will assist the region with meeting long-term resiliency goals by bolstering job creation and attracting private investment, which will help strengthen the regional economy. The grantee estimates that this investment will help create 45 jobs and leverage $18,000,000 in private investment.
  - $1,500,000, matched by $1,568,952 in local investment, to the City of Levelland, Levelland/Hockley County, Texas, to support the City of Levelland with making infrastructure improvements to its Levelland Industrial Park in Hockley County, Texas, located near a designated Opportunity Zone. The project will complete the construction of Progressive Place Road, a water line loop, sewer lines, and construct rail spurs to serve the industrial park. Once completed, the project will result in job creation and business expansion in manufacturing, including enhancing manufacturing supply chains and encouraging advanced manufacturing of innovative, high-value products, which will strengthen the regional economy and bolster economic resiliency throughout the region. The grantee estimates that this investment will help create 25 jobs and leverage $2,000,000 in private investment.
  - $620,970, matched by $620,970 in local investment, to Pontotoc County, Pontotoc/Pontotoc County, Mississippi, to support Pontotoc County with improving its water system infrastructure to serve the Pontotoc County Industrial Park in Mississippi. The project will provide a resilient water system to enhance the capacity of manufacturing companies within the industrial park for continued operation and expansion, including the expansion of two large furniture manufacture employers. Once completed, the project will create jobs, increase economic resiliency, attract private investment, and promote the advancement of the manufacturing industry within the region. The grantee estimates that this investment will help create 50 jobs, save 991 jobs, and leverage $3,600,000 in private investment.
- $37,500 in one Local Technical Assistance project, matched by $50,000 in local investment, to the City of Evanston, Evanston/Uinta County, Wyoming, to support the City of Evanston with establishing the Wyoming State Hospital Redevelopment Planning Project, a detailed assessment and redevelopment plan for a portion of the historic Wyoming State Hospital campus in Evanston, Wyoming. Once completed, the assessment will significantly assist the community in better understanding and effectively marketing the opportunities available and feasible to redevelop a historic and key regional asset for business and/or educational reuses to support greater economic diversification in the City of Evanston and surrounding Uinta County.
- $76,802 in one Partnership Planning project, to support the development and implementation of the Comprehensive Economic Development Strategy (CEDS) process. The CEDS process is designed to bring together the public and private sectors in the creation of an economic development roadmap to diversify and strengthen the regional economy.