The City of Riverbank received a $308,267 Project Grant award on July 1, 2023 from the U.S. Department of Defense (DOD) Office of Economic Adjustment under the Community Economic Adjustment Assistance for Realignment or Closure of a Military Installation program (CFDA 12.607). This grant funding supports the city's efforts to plan and implement economic redevelopment strategies for the former Riverbank Army Ammunition Plant, which closed in 2009. The grant activities involve economic diversification planning, private sector engagement for base redevelopment, and collaboration with the DOD on property transfers and reuse. The City of Riverbank has previously received four prime project grants and served as a subrecipient on nine additional grants from the DOD Office of Economic Adjustment for similar redevelopment efforts at the former Army ammunition plant.
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