The Department of Commerce Economic Development Administration awarded Trufund Financial Services, Inc. a $687,500 project grant under the Economic Adjustment Assistance (CFDA 11.307) federal grant program on February 11, 2021. The funding will support Trufund Financial Services, Inc. in providing technical, planning, and infrastructure assistance to the New Orleans, Louisiana area. The Economic Adjustment Assistance program aims to aid regions facing adverse economic changes, such as sudden...
The Department of Commerce Economic Development Administration awarded Trufund Financial Services, Inc. a $1.1 million Project Grant on February 11, 2021 under the Economic Adjustment Assistance program. The grant will support Trufund in providing technical assistance, planning, and infrastructure development services to regions in Baton Rouge, Louisiana experiencing adverse economic changes. As the CFDA description notes, the Economic Adjustment Assistance program aims to aid areas facing...
The Department of Commerce Economic Development Administration awarded a $2.4 million Project Grant to BOC Capital Corp. under the Economic Adjustment Assistance (EAA) program. The EAA program supports regions experiencing adverse economic changes through technical assistance, planning, and infrastructure projects. This award will fund public works and infrastructure assistance to the region of New York, as BOC Capital Corp. delivers services to address economic impacts in the designated place...
The Department of Commerce Economic Development Administration awarded the City of Tracy Public Facilities Corporation $10,437,571 under the Economic Adjustment Assistance (EAA) program on April 29, 2021. The EAA program funding will support infrastructure improvements in Tracy, California through the City of Tracy's planned bridge expansion project. The EAA program provides assistance to regions facing adverse economic changes, which can occur suddenly or gradually over time, through public...
The Department of Commerce Economic Development Administration awarded a $1.25 million Project Grant to Liftfund Inc. dba Accion under the Economic Adjustment Assistance (EAA) program. The EAA program provides technical, planning, and infrastructure assistance to regions experiencing adverse economic changes. Funds will support Accion's CARESACT COMPETITIVE RLF, a revolving loan fund providing capital and services to businesses in Las Cruces, NM as the region addresses economic impacts. The...
This $2.5 million Economic Adjustment Assistance Project Grant from the Department of Commerce Economic Development Administration will help the Town of Taos build new water and wastewater infrastructure to serve the Taos Regional Airport and adjacent business park. The infrastructure will attract commercial jobs to diversify the regional economy away from tourism, which was impacted by COVID-19, and leverage an estimated $11 million in private investment. Awarded on August 5, 2021, the grant...
The City of Lake City, South Carolina was awarded a $2,487,775 project grant from the U.S. Department of Commerce Economic Development Administration (EDA) under the Economic Adjustment Assistance (EAA) program (CFDA 11.307). The funding will support infrastructure improvements and technical assistance to address adverse economic changes experienced in the region. The EAA program aims to assist regions facing sudden or long-term economic downturns. For Lake City, the grant funds will go toward...
The Department of Commerce Economic Development Administration awarded Partner Community Capital, Inc. $1.8 million under the Economic Adjustment Assistance (EAA) program on March 9, 2021. The EAA program provides technical and planning assistance to regions experiencing adverse economic changes. Under this Project Grant, Partner Community Capital will deliver COVID-19 related technical assistance services to organizations in Charles Town, West Virginia through March 2022. As the EAA program...
The Economic Development Administration (EDA) awarded $500,000 under the Economic Adjustment Assistance (EAA) program to support the Empire State Development Corporation Coalition. The funding will allow the Coalition to grow the advanced manufacturing sector in Western New York through building an accelerator to support innovation, training a qualified workforce, and rehabilitating infrastructure. Specifically, the Coalition seeks to address gaps in the innovation ecosystem, workforce...
The City of Charleston, South Carolina received a $125,000 project grant award on April 6, 2021 from the Department of Commerce Economic Development Administration. The funding supports the BUSINESS DEV. LAB under the Economic Adjustment Assistance (EAA) program. The EAA program provides technical, planning, and infrastructure assistance to regions facing adverse economic changes. For this award, the City of Charleston will use the funds to operate a business development lab focused on providing...