The U.S. Department of Defense, Washington Headquarters Service Office of Economic Adjustment awarded a $2,864,000 Project Grant (CFDA 12.607 - Community Economic Adjustment Assistance for Realignment or Closure of a Military Installation) to the Local Redevelopment Authority For Roosevelt Roads on September 1, 2023. This grant funding will support the Local Redevelopment Authority's efforts to plan and implement economic adjustment strategies in response to the closure of the former Roosevelt Roads naval station in Puerto Rico. Grant activities may include economic diversification planning, community adjustment planning, private sector engagement for base redevelopment, and collaboration with the Department of Defense on property transfers and redevelopment. The grant has a performance period from September 1, 2023 through August 31, 2024.
Generated 7/16/24, 6:05 AM