Project Grant ED20PHI3070029

Community Business Partnership, Inc., doing business as South Fairfax Business Resource Center, was awarded a $997,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The two-year award will support the organization's ability to provide technical assistance and financial services to businesses and communities impacted by the economic effects of the COVID-19 pandemic, from June 2021 through June...

This $280,000 Economic Development Administration Project Grant supports the development and implementation of a Comprehensive Economic Development Strategy (CEDS) for the Southside Planning District Commission region in Virginia. The region comprises Brunswick, Mecklenburg, and Halifax counties. Through the Economic Development Support for Planning Organizations program (CFDA 11.302), the EDA provides assistance to create regional economic development plans to guide community and regional...

The Department of Commerce's Economic Development Administration awarded a $5 million Project Grant to Volusia County, Florida on July 29, 2021 through the Economic Adjustment Assistance program (CFDA 11.307). The funding will allow Volusia County to prepare a 56-acre site adjacent to Daytona Beach International Airport for the development of Project COVID, a pharmaceutical research, manufacturing, logistics and multi-modal distribution facility. Project COVID will provide research and...

This $140,000 Project Grant awarded by the Department of Commerce's Economic Development Administration (CFDA 11.303 Economic Development Technical Assistance) supports the development and implementation of a Comprehensive Economic Development Strategy (CEDS) for the Commonwealth Regional Council, which serves seven counties in Virginia. The CEDS process will engage both the public and private sectors to create an economic development roadmap aimed at diversifying and strengthening the...

Houston Business Development, Inc., doing business as Houston Small Business Development, 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 Houston Small Business Development's ability to provide financial and technical assistance to businesses and communities impacted by the economic...

The Central County Community Development Corporation (CDC) received a $200,000 Project Grant award from the Department of the Treasury Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The two-year award will support the CDC's ability to respond to the economic impacts of the coronavirus pandemic in its service area through June 2023. As a Community Development Financial Institution, the CDC...

This $282,450 Economic Development Administration Project Grant will support the development of a regional resiliency plan for the Southeastern Regional Planning and Economic Development District region in Massachusetts. The plan will assess economic disruption events and their impacts on regional and local industry sectors and workforce skills. It will establish best practices and strategies to diversify industries, reduce impacts to sectors, and improve economic competitiveness. The grant...

This $1.2 million Economic Development Administration Project Grant awarded by the Department of Commerce on May 10, 2022 capitalizes a $1,027,995 revolving loan fund (RLF) and provides $93,005 for administration to support economic recovery from the COVID-19 pandemic across 13 counties in southeast Texas. Under the Economic Adjustment Assistance (CFDA 11.307) program, the Gulf Coast Economic Development District, Inc. will utilize the RLF to provide loans to businesses, with funding also used...

The Greater Wabash Regional Planning Commission was awarded a $104,238 project grant from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance program (CFDA 11.307) on July 7, 2021. The grant will fund an economic recovery coordinator position to coordinate the region's recovery efforts from the economic impacts of the COVID-19 pandemic, including job losses and business closures. Specifically, the coordinator will build on the Commission's...

The Southeast Rural Community Assistance Project, Inc. (Southeast RCAP) was awarded a $375,000 Project Grant from the United States Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP). The two-year grant, awarded June 15, 2021 and set to be completed by September 30, 2023, will support Southeast RCAP's ability to address the economic impacts of the COVID-19 pandemic. As a Community...