The Department of Commerce Economic Development Administration awarded a $900,000 Project Grant to the Louisiana Dotd Master NO division of Transportation & Development Louisiana D on February 18, 2021 under the Economic Adjustment Assistance (CFDA 11.307) federal grant program. The funding will support the LA BROADBAND STRATEGY project in Baton Rouge, Louisiana, which aims to provide technical, planning, and infrastructure assistance to address adverse economic impacts through the...
This $262,500 Economic Development Support for Planning Organizations project grant from the Department of Commerce Economic Development Administration will support the development and implementation of a Comprehensive Economic Development Strategy (CEDS) for the ten-parish Northwest Louisiana region through December 2024. The Coordinating & Development Corporation will convene local public and private sector stakeholders to create an economic roadmap aimed at diversifying and...
The Department of Commerce Economic Development Administration awarded a $3.475 million Project Grant to the Louisiana State Parks & Recreation Commission on February 11, 2021 under the Economic Adjustment Assistance program (CFDA 11.307). The funding will support sewer connection projects in Baton Rouge, Louisiana. As authorized under the EAA program, the grant aims to address adverse economic impacts that regions may experience suddenly or over time. By funding sewer infrastructure work,...
The Department of Commerce Economic Development Administration awarded a $2 million Project Grant to the Village of Dodson in Winn County, Louisiana under the Economic Adjustment Assistance program (CFDA 11.307). The grant funding will support renovations to the village's wastewater treatment plant, increasing capacity to support expansion plans by a nearby lumber mill facility and other businesses. Completion of the plant upgrades by September 2027 will aid regional recovery from the COVID-19...
The Department of Commerce Economic Development Administration awarded Mcneese State University Foundation a $3,437,500 project grant under the Economic Adjustment Assistance program (CFDA 11.307) on June 17, 2021. The grant will support the LNG Center of Excellence to provide technical assistance, planning, and infrastructure development for the Lake Charles, Louisiana region, which has experienced adverse economic impacts from changes in the liquefied natural gas industry. As the grant...
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 U.S. Department of Commerce Economic Development Administration (EDA) awarded a $1.5 million Project Grant to the Jefferson Parish Economic Development and Port District (JEDCO) under the Economic Adjustment Assistance (EAA) program (CFDA 11.307). The grant will capitalize a $1.35 million revolving loan fund (RLF) administered by JEDCO to provide loans to businesses in Jefferson Parish, Louisiana impacted by the COVID-19 pandemic. An additional $150,000 will help cover administrative costs...
The Department of Commerce Economic Development Administration awarded a $2.2 million Project Grant to the California Capital Small Business Financial Development Corporation on February 1, 2021 under the Economic Adjustment Assistance program (CFDA 11.307). The funding will support the Corporation's provision of revolving loan fund administration and technical assistance services to businesses in Sacramento, California. The Economic Adjustment Assistance program aims to help regions...
The City of Thibodaux, Louisiana received a $2.5 million project grant award from the Department of Commerce Economic Development Administration (EDA) under the Economic Adjustment Assistance (EAA) program (CFDA 11.307) on February 18, 2021. The funding will support the city's provision of public works and infrastructure assistance to address adverse economic impacts. The EAA program aims to aid regions experiencing sudden or gradual economic changes through a range of technical, planning, and...
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...