The U.S. Department of Commerce Economic Development Administration (EDA) awarded the City of Osceola, Arkansas $3.75 million under the Economic Adjustment Assistance (EAA) program on September 29, 2021. The funding will support water and wastewater infrastructure improvements to accommodate increased capacity needs due to business expansion in the local steel industry and impacts from the COVID-19 pandemic. Specifically, the EDA investment will assist Osceola in making upgrades to allow for...
The City of Batesville, Arkansas was awarded a $2.63 million project grant from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance program to construct roads and improve water and sewer infrastructure serving its industrial park. Facing job losses from the closure of a major coal plant in Independence County, the project aims to alleviate economic effects by building three new roads to enhance access and connectivity in the industrial park....
The City of Springdale, Arkansas was awarded a $6,982,000 Project Grant from the Department of Commerce's Economic Adjustment Assistance (EAA) program on March 15, 2022. The grant funding will support the city extending Dixieland Road to provide direct highway access for its growing economic corridor. Specifically, the new infrastructure will create direct highway access for a proposed 700,000 square foot commercial distribution and warehouse industrial lease space, attracting new businesses...
The Economic Development Administration (EDA) has awarded a $156,250 Project Grant to the Western Arkansas Intermodal Authority under the Economic Adjustment Assistance (CFDA 11.307) program. The funding will support the Authority in conducting an environmental review, permitting, engineering study, and preliminary design for expanding a port and multimodal facility in Van Buren, Arkansas. This project aims to help mitigate the effects of recent natural disasters in Crawford County, promote...
This $326,950 Project Grant awarded by the Economic Development Administration (EDA) under the Economic Adjustment Assistance (CFDA 11.307) program supports infrastructure improvements to Lawrence County Road 210 in Arkansas. The project aims to elevate the roadway, widen culverts, and pave the surface to mitigate flooding and increase resilience to severe weather events. These improvements will help maintain continuity of business operations, support new business attraction, increase private...
This $3.95 million Economic Development Administration Project Grant supports Pulaski County, Arkansas in extending rail service to the Port of Little Rock to bolster manufacturing business growth. Funded through the EDA's Investments for Public Works and Economic Development Facilities program, the County will relocate an existing road to serve future manufacturing companies in the area. Once completed, the project is expected to create jobs, attract private investment, and strengthen the...
The $1.46 million Economic Development Administration (EDA) Project Grant will fund the City of Crossett, Arkansas' East Crossett Sewer Improvement Project. The EDA investment, made under the Investments for Public Works and Economic Development Facilities program (CFDA 11.300), is calculated to create 220 jobs, retain 40 positions, and leverage $603 million in private investment. The project supports Crossett's industrial park located in an Opportunity Zone and will help the community recover...
The Economic Development Administration awarded a $2.5 million Project Grant to Little River County, Arkansas on September 16, 2021 under the Economic Adjustment Assistance program (CFDA 11.307). The funding will support the construction of fiber optic cable lines to expand broadband infrastructure in rural communities impacted by the COVID-19 pandemic. Once completed, the county will partner with service providers to improve regional access to high-speed internet services. This is expected to...
The Economic Development Administration (EDA) awarded a $2,316,000 Project Grant under the Investments for Public Works and Economic Development Facilities program (CFDA 11.300) to the Arkansas Construction Education Foundation (ACEF) to support the renovation of a building adjacent to its headquarters in Little Rock, Arkansas. The project work includes constructing state-of-the-art classrooms and laboratory space to expand ACEF's highways construction training and apprenticeship programs....
The Department of Commerce Economic Development Administration awarded the University of Arkansas at Little Rock a $1,125,000 project grant under the Economic Adjustment Assistance program on February 11, 2021. The grant funding will support the University's WORKFORCE RESPONSE initiative to provide workforce development services to the Little Rock, Arkansas area. As part of the EAA program, which aims to support regions facing adverse economic changes, the grant funding will allow the University...