The Town of Fairview Community Development Corporation received a $4 million Project Grant award from the Department of Commerce Economic Development Administration on February 18, 2021. The grant was awarded under the agency's Economic Adjustment Assistance (CFDA 11.307) program to fund the FRISCO RD 4-LANE CONSTRN project. The EAA program supports regions facing adverse economic changes by providing infrastructure assistance. For this award, the funding will be used to construct a new...
The Oklahoma Department of Commerce received a $1 million Project Grant award from the Department of Commerce Economic Development Administration on October 15, 2021 under the Economic Adjustment Assistance program (CFDA 11.307). The grant funding will support statewide planning efforts through January 15, 2023 to develop comprehensive plans to strengthen Oklahoma's economy in the wake of the Covid-19 pandemic and combat climate change impacts. As part of EDA's American Rescue Plan statewide...
The Department of Commerce Economic Development Administration awarded a $2.2 million Project Grant to Southwest Intermediary Finance Team, Inc. on February 11, 2021 under the Economic Adjustment Assistance (EAA) program. The EAA program supports regions experiencing adverse economic changes through technical assistance, planning, and infrastructure projects. Under this award, Southwest Intermediary Finance Team will provide public works and economic development services to Weatherford,...
The City of Coweta, Oklahoma received a $268,750 project grant award from the Department of Commerce Economic Development Administration on February 9, 2021 under the Economic Adjustment Assistance (EAA) program. The EAA program provides technical, planning, and public works and infrastructure assistance to regions facing adverse economic changes. This award will support Coweta's efforts to address economic impacts through the delivery of public works and infrastructure assistance. The funding...
The Economic Development Administration awarded a $3.125 million Project Grant to the City of Fairhope, Alabama under the Economic Adjustment Assistance program (CFDA 11.307) on July 6, 2022. The funding will support renovations to convert a historical former school building into a business resource hub for emerging technology entrepreneurs and companies through May 2026. Specifically, the grant will finance demolition, remediation, new interior walls, roofing, doors/windows, flooring, plumbing,...
The Department of Commerce Economic Development Administration (EDA) awarded a $9.52 million Project Grant under the Economic Adjustment Assistance (EAA) program to the City of Stilwell, Oklahoma. The funding will support the construction of wastewater improvements through May 2027. Specifically, the City will replace its existing rental industrial wastewater pre-treatment system with a new permanent system. The project aims to help the region recover from higher unemployment driven by the...
The Economic Development Administration awarded a $3.3 million Project Grant to Southwest Intermediary Finance Team, Inc. on March 29, 2022 under the Economic Adjustment Assistance (CFDA 11.307) federal grant program. The funding will capitalize a $2.7 million revolving loan fund to provide access to capital for small businesses and entrepreneurs in 24 counties across central and western Oklahoma impacted by the COVID-19 pandemic. An additional $300,000 will help administer the revolving loan...
The Department of Commerce Economic Development Administration awarded a $5 million Project Grant to Southern Oklahoma TECH Center on March 18, 2021 under the Economic Adjustment Assistance (CFDA 11.307) federal grant program. The funding will support training building infrastructure improvements at Southern Oklahoma TECH Center in Ardmore, OK to provide workforce development and skills training services. As the EAA program aims to assist regions experiencing adverse economic changes, this grant...
The Department of Commerce Economic Development Administration (EDA) awarded a $300,000 Project Grant to the Central Oklahoma Economic Development District under the Economic Development Support for Planning Organizations program (CFDA 11.302). The funding will support the development and implementation of a Comprehensive Economic Development Strategy (CEDS) for a seven-county region in central Oklahoma through December 2025. As part of the EDA Planning program, the grant will enable the...
The Department of Commerce Economic Development Administration awarded a $7,449,103 Project Grant to the Association of South Central Oklahoma Governments on February 18, 2021 under the Economic Adjustment Assistance program (CFDA 11.307). The EAA program funding will support technical, planning, public works, and infrastructure assistance projects in Lawton, Oklahoma led by Ascog. As the official state planning agency for economic development districts, Ascog will deliver services to address...