The Department of Commerce Economic Development Administration awarded a $2 million Project Grant to the Coordinating & Development Corporation on June 10, 2021 under the Economic Adjustment Assistance program (CFDA 11.307). The funding will support the NW LA Resource Center located in Bossier City, Louisiana, to provide technical assistance, planning, and infrastructure development services to address adverse economic changes in the region. The Economic Adjustment Assistance program aims to...
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...
The Greater New Orleans Development Foundation (GONDF) received a $937,500 project grant award from the Department of Commerce Economic Development Administration (EDA) under the Economic Adjustment Assistance (EAA) program. The award will support GONDF's GNOPIVOT 2.0 initiative through July 2023. As part of the EAA program's mission to aid regions facing adverse economic changes, the grant funding will allow GONDF to provide technical assistance, planning services, and support public works...
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 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 U.S. Department of Commerce Economic Development Administration (EDA) awarded a $250,000 Project Grant under the Economic Adjustment Assistance (CFDA 11.307) program to the South Delta Planning & Development District Inc., a non-profit organization. The grant funding will support hiring a Disaster Recovery Capacity Support Coordinator to assist local governments in Greenville, Mississippi with long-term economic recovery and resilience activities related to severe storm impacts. The...
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 (EDA) awarded a $625,000 Project Grant to The Idea Village, Inc. under the Economic Adjustment Assistance (EAA) program to develop a pipeline of startup activity across the New Orleans region. Funded activities will position New Orleans, particularly Opportunity Zones in downtown, as an innovation hub by empowering founders from diverse backgrounds to build technology-based businesses. This aims to help the local economy recover more...
The Department of Commerce Economic Development Administration awarded a $3,878,900 project grant to the Lafayette City Parish Consolidated Government on February 25, 2021 under the Economic Adjustment Assistance (EAA) program. The EAA program provides technical, planning, public works and infrastructure assistance to regions experiencing adverse economic changes. This award will support fiber implementation projects in Lafayette, Louisiana that address sudden or long-term adverse economic...
The New Orleans Business Alliance was awarded a $505,428 Project Grant from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance program. The grant will support the Resilient Corridors Initiative, an approach to developing an entrepreneurial and COVID-19 resilient New Orleans economy through May 2023. As part of the Initiative, the Alliance will deliver technical assistance, planning services, and coordination to strengthen economic resilience...