Project Grant 087905493
- The Department of Commerce Economic Development Administration awarded a $2.5 million Project Grant to the Brownsville Community Improvement Corporation on April 22, 2021 under the Economic Adjustment Assistance (EAA) program. The EAA program aims to provide technical, planning, and infrastructure assistance to regions experiencing adverse economic changes. Funding will support the Brownsville CIC's CARESACT COMPETITIVE RLF project, which will likely involve public works or other...
- 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...
- The Department of Commerce Economic Development Administration awarded a $861,310 Project Grant under the Economic Adjustment Assistance program to capitalize a revolving loan fund and provide administrative costs. The grant will capitalize a $775,179 revolving loan fund to provide loans to borrowers in South Plains Association of Governments, Panhandle and Permian Basin regions of Texas. It will also provide $86,131 to the South Plains Association of Governments to cover the costs of...
- The Department of Commerce Economic Development Administration awarded the Texas Association of Business & Chambers of Commerce Foundation $978,863 under the Economic Adjustment Assistance (EAA) program on April 15, 2021. The EAA program supports regions experiencing adverse economic changes through technical assistance, planning, and infrastructure projects. Under this Project Grant, the Foundation will use the funding to deliver the TABCC REBOOT TEXAS program in Austin, Texas, providing...
- This $1.2 million Economic Development Administration Project Grant awarded by the Department of Commerce on May 10, 2022 capitalizes a $1,027,995 revolving loan fund (RLF) and provides $93,005 for administration to support economic recovery from the COVID-19 pandemic across 13 counties in southeast Texas. Under the Economic Adjustment Assistance (CFDA 11.307) program, the Gulf Coast Economic Development District, Inc. will utilize the RLF to provide loans to businesses, with funding also used...
- The Economic Development Administration awarded a $12.2 million Project Grant to the Governor of Texas Office of the Governor on November 9, 2021 under the Economic Adjustment Assistance program. This funding will support marketing, infrastructure, workforce development and other projects aimed at revitalizing safe leisure, business and international travel in Austin, Texas. The Economic Adjustment Assistance program provides technical, planning, and public works assistance to regions facing...
- The Department of Commerce Economic Development Administration awarded Trufund Financial Services, Inc. a $3,437,500 project grant under the Economic Adjustment Assistance program (CFDA 11.307) on February 11, 2021. The funding will support Trufund's delivery of technical assistance, planning services, and infrastructure projects to the Fort Worth, Texas area. As outlined under the EAA program, this assistance aims to address adverse economic changes through a variety of means. The grant will...
- The Small Business Administration (SBA) awarded a $1,016,129 Formula Grant under the Microloan Program (CFDA 59.046) to Peoplefund, a non-profit community development corporation and Community Development Financial Institution (CDFI) based in Austin, Texas. The grant period runs from July 1, 2024 to June 30, 2025. The Microloan Program provides funding to nonprofit intermediary lenders like Peoplefund to offer microloans up to $50,000 and accompanying technical assistance to small businesses,...
- The $815,000 Economic Development Administration Project Grant will support the Texas Higher Education Foundation in coordinating and implementing a statewide study to accelerate job creation and technology innovation in Texas. The study aims to develop best practices to spur startup growth through commercialization, ensuring the state provides access to cutting-edge university technologies while creating a business-friendly, competitive environment generating high-skill, high-value jobs. This...
- The City of Pflugerville, Texas was awarded a $2,875,000 project grant from the U.S. Department of Commerce Economic Development Administration under the agency's Economic Adjustment Assistance (CFDA 11.307) program on February 18, 2021. The funding will support the PECAN INTERSECTION IMP project to provide economic adjustment assistance for the Pflugerville community, which has likely experienced adverse economic impacts over time due to regional economic changes. Economic adjustment assistance...
The Department of Commerce Economic Development Administration awarded a $2.5 million Project Grant to Peoplefund on April 22, 2021 under the agency's Economic Adjustment Assistance (EAA) program. Peoplefund will utilize the funding to establish a revolving loan fund (RLF) to provide capital and technical assistance for small businesses and entrepreneurs in Austin, Texas impacted by adverse economic changes. Known as the CARESACT COMPETITIVE RLF, the program aims to support economic recovery and adjustment in the region through financing and services to help businesses strengthen competitiveness. The EAA program supports regions facing economic difficulties and the RLF established through this award will target assistance to Austin businesses and workers.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $2.0m | 4/22/21 |