Project Grant ED20AUS3070069

The U.S. Department of Commerce Economic Development Administration (EDA) awarded a $209,678 Project Grant to the Columbiana County Port Authority (CCPA) to launch its Economic Recovery Specialist Program. The funding will support CCPA in providing dedicated economic recovery assistance to the region, which was severely impacted by the COVID-19 pandemic. The Recovery Coordinators will focus on business retention efforts to ensure local companies have the necessary resources to recover, analyze...

The Cares Project Inc. was awarded a $200,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) on June 15, 2021. The grant funding will support The Cares Project Inc.'s ability to provide financial services that prepare for and respond to the economic impacts of the coronavirus through December 31, 2023. As a Community Development Financial Institution, The Cares Project Inc. will use the CDFI RRP...

The Indiana 15 Regional Planning Commission (RPC) received an $840,000 project grant award from the Department of Commerce Economic Development Administration (EDA) 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 six-county region in Indiana through June 2025. The CEDS process brings together public and private sector stakeholders to...

The Employee Resources Credit Union received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant funding will support the credit union's ability to respond to the economic impacts of the coronavirus pandemic through the program completion date of December 31, 2023. As the recipient of CDFI RRP funding, Employee Resources Credit Union will utilize the $1.8 million to provide credit...

The Department of Commerce Economic Development Administration awarded a $61.5 million cooperative agreement to the International Economic Development Council under the Economic Adjustment Assistance program. The award funds the Economic Recovery Corps project to create a national recovery corps of at least 65 fellows embedded in economic development organizations across the United States. Over three years, fellows will help regions recover from the COVID-19 pandemic by increasing the capacity...

Ecdc Enterprise Development Group (Ecdc Enterprise Dev) was awarded a $1,278,385 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The June 15, 2021 award will support Ecdc Enterprise Dev's efforts to prepare for and respond to the economic impacts of the coronavirus through September 30, 2023. As a Community Development Financial Institution...

The Economic & Community Development Institute Inc., doing business as Ecdi, was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The June 15, 2021 award will support Ecdi's efforts to prepare for and respond to the economic impacts of the coronavirus through June 30, 2023. The CDFI RRP aims to bolster the ability...

Partners For Common Good Inc., doing business as PCG, was awarded a $1,826,265 project grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The funding will support PCG's ability to respond to the economic impacts of the coronavirus pandemic by preparing for and providing support through its Community Development Financial Institution. The Community...

The Arcata Economic Development Corporation (AEDC) received a $1.8 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021. The two-year award, provided through the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024), will support AEDC's ability to respond to the economic impacts of the coronavirus pandemic in its service area through June 30, 2023. The CDFI RRP aims to bolster...

The Department of Commerce Economic Development Administration awarded a $790,020 project grant to the Institute For Local Self-Reliance, Inc. to improve the capacity of revolving loan fund CARES Act recipients to deploy capital with an emphasis on improving access to loans for diverse business owners. Under the Economic Development Technical Assistance federal grant program, the Institute For Local Self-Reliance will provide technical assistance to revolving loan fund recipients from July 1,...