ERC is a california non-profit founded by LOS angeles business and civic leaders to address the disparity in economic opportunity in southern california's underserved communities
Project Grant Awarded
- Award ID
- 077907720
- Recipient
-
Economic Resources Corporation UEI LB7MANCYZAM9
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $3,977,401
Award facts
- Assistance listing
- 11.307 Economic Adjustment Assistance
- Completion date
- Not on record
- Funding
-
- $2,677,401.00 Federal
- $1,300,000.00 Non-federal
- Place of performance
- Lynwood, CA 90262, USA
Award details come from USAspending.gov.
About this award
The Economic Development Administration awarded a $3.97 million project grant to the Economic Resources Corporation on September 29, 2021 under the Economic Adjustment Assistance program (CFDA 11.307). The grant funds will support renovating a 5,900 square foot building in Lynwood, California to develop a childcare center for kindergarten through 8th grade students in the Wrigley neighborhood of Long Beach. The YMCA of Greater Long Beach will operate school-age programs for 75-125 children per day at the facility. This project addresses the need for more childcare options to help parents returning to work as many schools remained closed following the COVID-19 pandemic.
Description
The non-profit, among other things, purchases properties and works with child care providers willing and able to establish or expand quality centers in low and moderate income neighborhoods. This EDA investment will renovate a 5,900 SQ FT building to develop a child care center for k to 8TH grade students in the wrigley neighborhood of long beach, CA. Ymca of greater long beach will operate their school age programs for 75-125 children per day. This project will fill the need for more child care facilities to help parents returning to work after covid-19 since most schools are still closed.
Quick answers
Who received award 077907720?
077907720 was awarded to Economic Resources Corporation by Economic Development Administration (Department of Commerce) on September 29, 2021.
How much is award 077907720 worth?
$3,977,401 has been obligated on 077907720: $2,677,401 in federal funding and $1,300,000 in non-federal funding.
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