Project Grant HQ00052410059

Award Date 9/1/24
Completion Date 8/31/25
Dollars Obligated $2.9M
Federal Grant Program
12.607
Assistance Type
Project Grant
Place of Performance
Puerto Rico
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The Department of Defense Washington Headquarters Service Office of Economic Adjustment awarded a $2.8 million Project Grant to the Local Redevelopment Authority For Roosevelt Roads located in Puerto Rico. The grant was awarded under the Community Economic Adjustment Assistance for Realignment or Closure of a Military Installation federal grant program (CFDA 12.607). The funding will support the Authority's efforts to plan and carry out adjustment strategies to assist the local community...
The Local Redevelopment Authority for Roosevelt Roads (LRA) received a $1,509,610 project grant award from the Department of Defense Washington Headquarters Service Office of Economic Adjustment on September 1, 2021. The grant was awarded under the Community Economic Adjustment Assistance for Realignment or Closure of a Military Installation (CFDA 12.607) program to assist the LRA in planning and implementing adjustment strategies to redevelop the former Roosevelt Roads naval station in Puerto...
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The Local Redevelopment Authority For Roosevelt Roads received a $2,875,938 Project Grant award from the U.S. Department of Defense Washington Headquarters Service Office of Economic Adjustment under the Community Economic Adjustment Assistance for Realignment or Closure of a Military Installation (CFDA 12.607) program. The award period runs from September 1, 2024 to August 31, 2025.

This federal grant funding supports the Authority's efforts to facilitate the transition of the former Roosevelt Roads naval station from military to civilian use. Key activities include economic redevelopment planning, private sector engagement, infrastructure improvements, and managing the property transfer process. The grant aims to mitigate economic disruption and support long-term regional economic diversification following the closure of the military installation. The Authority has previously received millions in federal grants from the DoD and Economic Development Administration for similar community economic adjustment initiatives.

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