ED Grants - Public Infrastructure
Eligible applicants may apply for ED grants to
provide facilities and infrastructure such as water lines, sewer lines, rail spurs, docks,
cranes, access roads, etc. to facilitate creation of jobs by a new or expanding business.
The eligible applicants may also apply for grants to assist a public, private, nonprofit,
or such other entity including a business in support of an economic development project
that will result in the creation of jobs, especially jobs for unemployed, under employed
and recipients of welfare assistance.
The State will exercise maximum flexibility and maximum controls in considering activities that will have direct and significant impact on
the creation of jobs, and in support of welfare reform. The assistance to public, private
or any such entity may be in the form of a grant, loan or deferred payment loan and may
pay for activities eligible under the CDBG Program including day care and related
facilities, transportation and operations. A grant ceiling of $200, 000 and a floor of
$35, 000 will apply. Applications may be submitted anytime during the program period and
applications will be funded on an "as needed" basis.
The State will maintain the
right to deny funding of any application during the program period depending on the
quality of the project or the results of past projects. The State may waive the
$200,000 grant ceiling if the merit of the project shows a significant long-term
economic benefit for the State.
