Formula Grant P425M200452

The Enterprise Development Fund Of Erie County, Inc., doing business as The Fund, was awarded a $200,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The Fund will use the funding to support, prepare for, and respond to the economic impact of the coronavirus by providing financial and technical assistance services to communities and...

This federal Project Grant award, provided by the Federal Emergency Management Agency (FEMA) under the Disaster Grants - Public Assistance (Presidentially Declared Disasters) program (CFDA 97.036), is intended to provide reimbursement to state, local, tribal, and territorial government entities, as well as certain private non-profit organizations, for emergency protective measures taken during the COVID-19 pandemic. The $1,357,195.68 award supports activities such as debris removal, emergency...

The Arcata Economic Development Corporation (AEDC) received a $1.8 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021. The two-year award, provided through the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024), will support AEDC's ability to respond to the economic impacts of the coronavirus pandemic in its service area through June 30, 2023. The CDFI RRP aims to bolster...

The Department of Commerce Economic Development Administration awarded a $2.7 million Project Grant to Three Rivers Planning & Development District under the Economic Adjustment Assistance program. The grant capitalizes a revolving loan fund to provide loans to businesses in eight counties in northern Mississippi impacted by the COVID-19 pandemic. The funding will also cover administrative costs of managing the revolving loan fund through September 2024. By providing permanent financing...

The Cdcli Funding Corporation was awarded a $1,038,000 Project Grant from the Department of the Treasury Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant will support Cdcli Funding Corporation's ability to provide financial and other services to communities and businesses impacted by the economic effects of the coronavirus pandemic from June 2021 through December 2023. As a Community...

The Department of Commerce Economic Development Administration (EDA) awarded a $3.6 million Project Grant to the South Central Planning and Development Commission, Inc. to establish a revolving loan fund (RLF) under the Economic Adjustment Assistance (EAA) program. The RLF will provide gap financing for business lending to enable economic recovery from the impacts of the COVID-19 pandemic in Houma, Louisiana. Once implemented, the RLF will provide permanent resources and access to working...

The Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP) awarded Ariel Economic Development Fund LLC $200,000 under the CFDA 21.024 program to support, prepare for, and respond to the economic impact of the COVID-19 pandemic. Per the award, the grantee may use funding for financial products, financial services, loan loss reserves, development services, and capital reserves (for regulated institutions only). Additionally, up to $30,000...

The Department of Education Office of Postsecondary Education awarded Adirondack Community College $694,346 under the Education Stabilization Fund federal grant program to address learning gaps and reduce barriers for students impacted by COVID-19 from July 13, 2022 to July 12, 2023. As the awardee, Adirondack Community College will deliver projects and services to prevent, prepare for, and respond to the COVID-19 pandemic, with the State of New York as the parent organization overseeing use...

The Department of Education's Office of Elementary and Secondary Education awarded $19.4 million to the Puerto Rico Department of Education under the Education Stabilization Fund's American Rescue Plan Elementary and Secondary Schools Emergency Relief Fund - Homeless Children and Youth program. This formula grant will support services for homeless students from April 2021 through September 2023. Funding will address the impacts of COVID-19 on Puerto Rico's homeless student population through the...

The Economic Development Administration awarded $6.4 million under the Economic Adjustment Assistance program to support tourism marketing, infrastructure, workforce development, and other projects to revitalize safe leisure, business, and international travel in North Carolina. The December 8, 2021 award to the Governor's Office will fund initiatives to rejuvenate the state's tourism industry as it recovers from the economic impacts of the COVID-19 pandemic. The Economic Adjustment Assistance...