The OASIS expansion recompete plan, led by the platform for social impact, will invest in comprehensive economic development initiatives in the villa prades public housing community of SAN juan,…

Active Project Grant Awarded Last action

Award ID
ED24HDQ0G0519
Recipient
Awarding agency
Obligated
$6,406,765

Award facts

Assistance listing
11.040 Distressed Area Recompete Pilot Program
Completion date 41% complete
Place of performance
1077 Ashford Ave, San Juan, 00907, Puerto Rico

Award details come from USAspending.gov.

Description

As the agency reported it.

The OASIS expansion recompete plan, led by the platform for social impact, will invest in comprehensive economic development initiatives in the villa prades public housing community of SAN juan, puerto rico. This neighborhood is experiencing a poverty rate of 47 percent (over 400 percent the national average). Villa prades residents face insufficient wages and lack opportunities for good jobs; as a result, many workers are dependent on informal employment. This coalition aims to overcome these barriers by adopting an integrated, multigenerational support model to help working-age adults return to work. This project aims to establish a continuum of services to advance entrepreneurs with goal of supporting 335 small businesses. Subwards will be provided to project makers including personnel to support businesses and for mentors, coaches, program outreach, etc.

Quick answers

Who received award ED24HDQ0G0519?

ED24HDQ0G0519 was awarded to Platform For Social Impact Inc. by Economic Development Administration (Department of Commerce) on October 1, 2024.

How much is award ED24HDQ0G0519 worth?

$6,406,765 has been obligated on ED24HDQ0G0519.

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