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ECONOMIC DEVELOPMENT ADMINISTRATION GRANTS - HARVEY RECOVERY | | | |
| | | | | | | | Background | The Economic Development Administration is awarding $587 million in grants to eligible entities to address economic challenges in disaster-impacted areas. The Austin Region office received an allocation of $129,119,000 in funding for economic development organizations, universities, non-profits, and local governments for economic infrastructure programs and projects related to Hurricane Harvey recovery and resilience. |
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| | | | | | | | Current Situation | The Economic Development Administration has provided preliminary approval for six competitive grants in our region, four of the grants have already been reviewed by the H-GAC Board, the two grants under review this month include the following:
The projects are consistent with the goals and strategies identified in Our Great Region 2040, the 2014-2018 Comprehensive Economic Development Strategy, and the Regional Plan for Economic Resilience. |
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| | | | | | | | Funding Source | Economic Development Administration and Local Match |
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| | | | | | | | Action Requested | Request that two projects - $3,000,000 to Dickinson Economic Development Corporation and $484,340 to NationSync Community Development Corporation be found consistent with plans, policies, and H-GAC review criteria. (Staff Contact: Joshua Owens) |
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