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,...
The Adirondack Economic Development Corporation (AEDC) was awarded a $500,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021 through December 31, 2023. The award is part of the Community Development Financial Institutions Rapid Response Program (CDFI RRP), a federal initiative under the CFDA number 21.024 that provides support to Community Development Financial Institutions as they prepare for and respond to the economic...
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...
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...
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 Opportunities Fund received a $1.16 million project grant award from the U.S. 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 grant aims to support the ability of Community Development Financial Institutions to respond to the economic impacts of COVID-19 through September 2023. Specifically, the funding will allow the Economic Opportunities Fund...
The Department of Commerce Economic Development Administration (EDA) awarded $350,000 under the Economic Development Support for Planning Organizations (CFDA 11.302) federal grant program to the Kerr-Tar Regional Council of Governments. The funding supports the development and implementation of a Comprehensive Economic Development Strategy (CEDS) for the Kerr-Tar region of North Carolina from January 2022 through December 2024. The CEDS process brings together public and private sector...
The Estes Park Economic Development Corporation (EDC) will receive $868,776 under a Project Grant award from the Department of Commerce Economic Development Administration's Economic Adjustment Assistance program. The EDA funding will support EDC's efforts to diversify and strengthen the business environment in Estes Park, Colorado following negative impacts from the COVID-19 pandemic. Specifically, EDC will scale its business accelerator services program to help businesses create stronger...
The Economic Development and Financing Corporation (doing business as Economic Development & Financing Corp) was awarded a $1.3 million Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund. The grant was provided through the Community Development Financial Institutions Rapid Response Program and will support the awardee's ability to respond to the economic impacts of the coronavirus pandemic from June 2021 through June 2023. As a Community...