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CED Grant Awards Community Economic Development FY 2015

Published: September 29, 2015
Audience:
Community Economic Development (CED)
Category:
Funding/Allocations, Grant Awards

 

2015 CED Grant Awards

Grantee Name City ST Award Amount
OBDC Small Business Finance Oakland CA $800,000
Pacific Asian Consortium in Employment (PACE) Los Angeles CA $800,000
Valley Economic Development Center Van Nuys CA $800,000
Vermont-Slauson LDC, Inc. Los Angeles CA $475,000
Pacific Gateway Center Honolulu HI $787,821
The Resurrection Project Chicago IL $500,000
Englewood Community Development Corporation Indianapolis IN $779,050
King Park Area Development Corporation Indianapolis IN $800,000
Workforce, Inc. Indianapolis IN $800,000
Argentine Neighborhood Development Association Kansas City KS $500,000
Kentucky Highlands Investment Corporation London KY $800,000
Historic East Baltimore Community Action Coalition, Inc. Baltimore MD $800,000
Microenterprise Council of Maryland Annapolis MD $800,000
Coastal Enterprises, Inc. (CEI) Wiscasset ME $800,000
Hi-Tech Charities  St. Louis MO $555,551
Northwestern Housing Enterprises, Incorporated Boone NC $800,000
Omaha Economic Development Corporation Omaha NE $800,000
Cuatro Puertas Albuquerque NM $798,280
Siete del Norte, CDC Embudo NM $800,000
Economic and Community Development Institute Columbus OH $800,000
Youngstown Neighborhood Development Corporation Youngstown OH $420,000
The Enterprise Center Community Development Corporation Philadelphia PA $505,781
Metanoia North Charleston SC $800,000
Fifteenth Ave Baptist Community Development Corporation Nashville TN $800,000
Rural Community Development Resources Yakima WA $778,238
Northwest Side Community Development Corporation Milwaukee WI $800,000
Northwoods NiiJii Enterprise Community, Inc. Lac du Flambeau WI $300,000
Riverworks Development Corporation Milwaukee WI $546,875
Wisconsin Women's Business Initiative Corporation Milwaukee WI $800,000
Coalfield Development Corporation Wayne WV $800,000

 

 

OBDC Small Business Finance

Location

2101 Webster Street, Suite #1200
Oakland, CA 94612

Phone Number

415-627-8380

Grant Type

Community Economic Development (CED)

Grant Number

90EE1111

Grant Amount

$800,000

Project Period

9/30/2015 - 9/29/2018

Website

Authorizing Official

Ms. Jen Leybovich

Project Description

OBDC Small Business Finance (OBDC) will use $800,000 in CED funding to capitalize the International Corridor Job Fund. This loan fund will address a significant small business capital gap for new and growing small businesses in Oakland’s economically disadvantaged and ethnically diverse area known as the “International Corridor.” The International Corridor is the focus of a comprehensive community development plan led by the City of Oakland, with financial commitments totaling $850 million over the next ten years from more than 50 community partners. OBDC will address the lending gap by offering a loan product designed to meet unique needs of businesses in the International Corridor. Pairing loan capital with skilled technical assistance, OBDC will help these businesses manage impending challenges and take advantage of opportunities over time. This project will create 85 jobs.

Proposed Project Outcomes

- Number of jobs to be created: 85
- Number of business(es) to be created or expanded: 7

- Amount to be Leveraged: $500,000

 

Pacific Asian Consortium in Employment (PACE)

Location

1055 Wilshare Boulevard, Suite 1475
Los Angeles, CA 90017

Phone Number

213-989-3265

Grant Type

Community Economic Development (CED)

Grant Number

90EE1122

Grant Amount

$800,000

Project Period

9/30/2015 - 9/29/2018

Website

 

Authorizing Official

Ms. Christina Baggao

Project Description

Pacific Asian Consortium in Employment (PACE) will use $800,000 in CED funds to capitalize the new LA Green Loan Fund (Green Fund), which will provide financing to LA-based green businesses and ventures. The Green Fund will lend to 6 initial businesses that provide employees with a living wage. These businesses will be Servitek Solutions, an engineering and electrical services company, Green World Technologies Corp, an electric car part supplier, AJ2 Inc., a 7-11 franchise, Xtreme Inc., a LED wholesaler, Herbal Cup Tea, a tea manufacturer and Buna Ethiopian Market and Restaurant. An $800,000 capitalization of the Green Fund will enable PACE to assist the 6 businesses and create at least 50 new jobs with benefits and career ladders.

Proposed Project Outcomes

- Number of jobs to be created: 50
- Number of business(es) to be created or expanded: 6

- Amount to be Leveraged: $600,000

 

Valley Economic Development Center

Location

5121 Van Nuys Blvd. 3rd Floor
Van Nuys, CA 91403

Phone Number

818-907-9977

Grant Type

Community Economic Development (CED)

Grant Number

90EE1113

Grant Amount

$800,000

Project Period

9/30/2015 - 9/29/2018

Website

 

Authorizing Official

Mr. Roberto Barragan

Project Description

Valley Economic Development Center (VEDC) will use $800,000 in CED funds to invest in local tortilla manufacturer named Mr. Tortilla and local fashion manufacturer named Rich Honey. Mr. Tortilla produces high quality gourmet kosher tortillas in a range of unique flavors that are sold directly to Los Angeles restaurants and to distributors who deliver the products nationwide. VEDC will provide Mr. Tortilla with a $150,000 equity investment to expand capacity (through purchase of automated manufacturing equipment) and marketing for its line of tortillas. Rich Honey produces garment dyed blanks; t-shirts that are custom dyed to a buyer and designer preferences. Rich Honey also produces high-end leather bags sewn to order for designers. VEDC plans to provide Rich Honey with a $500,000 equity investment to move into a new larger location in order to expand capacity and satisfy increasing demand for its apparel line. Through these investments, VEDC will create a total of forty (40) new, permanent, full-time jobs that provide low-income workers.

Proposed Project Outcomes

- Number of jobs to be created: 40
- Number of business(es) to be created or expanded: 2

- Amount to be Leveraged: 0

 

Vermont-Slauson LDC, Inc.

Location

1130 West Slauson Avenue
Los Angeles, CA 90044

Phone Number

323-753-2335

Grant Type

Community Economic Development (CED)

Grant Number

90EE1107

Grant Amount

$475,000

Project Period

9/30/2015 - 9/29/2018

Website

 

Authorizing Official

Ms. Marva Smith Battle-Bay

Project Description

Vermont-Slauson LDC, Inc. (VSLDC) will use $475,000 in CED funds to become an equity partner in Harold & Belle's restaurant, an important community business and fine dining establishment specializing in New Orleans style creole and Cajun recipes. Harold & Belle’s has been a fixture in South Los Angeles since its founding by Harold Legaux Sr. and his wife Mary Belle Legaux in 1969, and is a favored destination for community members, local businesses, city officials, and dignitaries. Now, in its third generation of family ownership, the new owners have undertaken a redevelopment project designed to update the facility alongside a broader business expansion plan. This project will directly result in the creation of 33 new jobs, primarily for low-income individuals in the neighborhoods that VSLDC serves.

Proposed Project Outcomes

- Number of jobs to be created: 33
- Number of business(es) to be created or expanded: 1

- Amount to be Leveraged: $2,629,000

 

Pacific Gateway Center

Location

723-C Umi Street
Honolulu, HI 96819

Phone Number

808-851-7010

Grant Type

Community Economic Development (CED)

Grant Number

90EE1130

Grant Amount

$787,821

Project Period

9/30/2015 - 9/29/2018

Website

 

Authorizing Official

Dr. Tin Thein

Project Description

Pacific Gateway Center (PGC) will use $787,821 in CED funds to provide start-up support for new agricultural enterprises in rural communities in the County of Honolulu and the Big Island. Hawaii faces the challenge of an aging farming population and the need to provide infrastructural incentives to attract a motivated workforce into agriculture. The project will: provide access to land, microloans for low-income farmers and start-up assistance; provide start up technical assistance in agricultural practices and business plans; promote and support start up activities for beginning farming enterprises. This project will create 40 job in rural low-income communities on Oahu and the Big Island.

Proposed Project Outcomes

- Number of jobs to be created: 40
- Number of business(es) to be created or expanded: 40

- Amount to be Leveraged: 0

 

The Resurrection Project

Location

1818 S. Paulina Street
Chicago, IL 60608

Phone Number

312-7633228

Grant Type

Community Economic Development (CED)

Grant Number

90EE1120

Grant Amount

$500,000

Project Period

9/30/2015 - 9/29/2018

Website

 

Authorizing Official

Mr. Julio Guerrero

Project Description

The Resurrection Project (TRP) will use $500,000 in CED funds to capitalize the Southwest Chicago Community Capital Fund and to hire staff and purchase and implement loan software to administer the fund. This funding will benefit small businesses in and around Chicago’s Pilsen, Little Village, and Back of the Yards neighborhoods, which have a combined population of 371,513, 76% of which is Latino. TRP will make loans up to $50,000 to new and established businesses in its targeted Southwest Chicago neighborhoods, leading to the creation of 30 new full-time, full-year jobs through initial loans.

Proposed Project Outcomes

- Number of jobs to be created: 30
- Number of business(es) to be created or expanded: 8

- Amount to be Leveraged: $250,000

 

Englewood Community Development Corporation

Location

57 North Rural Street
Indianapolis, IN 46201

Phone Number

317-639-1541

Grant Type

Community Economic Development (CED)

Grant Number

90EE1123

Grant Amount

$779,050

Project Period

9/30/2015 - 9/29/2020

Website

Authorizing Official

Mr. David Price

Project Description

Englewood Community Development Corporation (ECDC) will use $779,050 in CED funds to provide a loan to a fire suppression business named 360 Services. The business plans to move into the Koweba Manufacturing Center after the completion of the building’s comprehensive renovation. The Koweba Center will provide 53,400 sq. ft. of space that will be leased by 360 Services to meet the demand for additional manufacturing space This project will create 35 new permanent full-time jobs with 27 jobs being created for low-income project area residents.

Proposed Project Outcomes

- Number of jobs to be created: 35
- Number of business(es) to be created or expanded: 1

- Amount to be Leveraged: $546,000

 

King Park Area Development Corporation

Location

2430 North Delaware Street
Indianapolis, IN 46205

Phone Number

317-924-8152

Grant Type

Community Economic Development (CED)

Grant Number

90EE1109

Grant Amount

$800,000

Project Period

9/30/2015 - 9/29/2018

Website

 

Authorizing Official

Mr. Steven Meyer

Project Description

King Park Area Development Corporation (KPADC) will use $800,000 in CED funds to make below market loans to two businesses, Indy's Kitchen and Venticello Ristorante. Indy's Kitchen is a fully equipped, commercially licensed, shared-use kitchen for rent by the hour. It will use the loan funds to move their current equipment to a new location, purchase additional equipment and make minor building upgrades to expand its ability to serve additional food service entrepreneurs. Venticello Ristorante is a second restaurant venture by two food service professionals. It will use the loan funds to purchase equipment, make upgrades, and provide working capital to open the restaurant. A total of 40 full-time, permanent jobs will be created by the two loans, and at least 75% or 30 of the jobs will be filled by low income residents.

Proposed Project Outcomes

- Number of jobs to be created: 40
- Number of business(es) to be created or expanded: 2

- Amount to be Leveraged: $3,704

 

Workforce, Inc.

Location

1125 Brookside Avenue, Suite D12
Indianapolis, IN 46202

Phone Number

317-532-1367

Grant Type

Community Economic Development (CED)

Grant Number

90EE1103

Grant Amount

$800,000

Project Period

9/30/2015 - 9/29/2018

Website

 

Authorizing Official

Mr. Gregg Keesling

Project Description

Workforce, Inc. will use $800,000 in CED funds to expand its recycling business by increasing the volume and value of recyclable material in large part by expanding outside of the Midwest. Workforce will invest in a TiTech metal finder, which increases the asset recovery rate by sorting metals from a plastic mixture creating a clean stream of metals and plastics which results in higher selling prices. Few recyclers have such a sophisticated machine – currently none in Indiana. As a result, Workforce will become a recycler to recyclers and will expand its hours of operation over the course of the grant period to 6 AM-5 PM Monday through Friday and 8 AM to 2 PM on most Saturdays and implement a staggered shift schedule. This project will create 40 full-time jobs.

Proposed Project Outcomes

- Number of jobs to be created: 40
- Number of business(es) to be created or expanded: 1

- Amount to be Leveraged: $8,000,000

 

Argentine Neighborhood Development Association

Location

2502 Strong Ave.
Kansas City, KS 66106

Phone Number

913-915-8346

Grant Type

Community Economic Development (CED)

Grant Number

90EE1112

Grant Amount

$500,000

Project Period

9/30/2015 - 9/29/2020

Website

 

Authorizing Official

Ms. Ann Brandau Murguia

Project Description

Argentine Neighborhood Development Association (ANDA) will use $500,000 in CED funds for the construction of an accessible, green, anchor building, which will house a Dunkin' Donuts franchise. Dunkin’ Donuts has committed to a long-term community investment, contingent upon the construction of the site. The project will leverage $383,493 in local funding and will create 20 full-time jobs.

Proposed Project Outcomes

- Number of jobs to be created: 20
- Number of business(es) to be created or expanded: 1

- Amount to be Leveraged: $383,493

 

KENTUCKY HIGHLANDS INVESTMENT CORPORATION

Location

362 Old Whitley Road
London, KY 40743

Phone Number

606-864-5175

Grant Type

Community Economic Development (CED)

Grant Number

90EE1101

Grant Amount

$800,000

Project Period

9/30/2015 - 9/29/2018

Website

Authorizing Official

Ms. Brenda McDaniel

Project Description

Kentucky Highlands Investment Corporation (KHIC) will use $800,000 in CED funds to make a low-interest loan to a contact center and data management company, Senture LLC, that needs financing to support an expansion. The 12-year old company is an approved Federal contractor that handles inbound calls/contacts services. Senture LLC currently operates out of two facilities in Laurel County and Wayne County. Due to a high demand for services and workforce needs, they are in the process of opening a third facility in Jackson County. The loan will be used for equipment and working capital that is necessary to expand operations. A total of 40 new full-time, full-year Contact Center Representative jobs will be created as a result of this business expansion project.

Proposed Project Outcomes

- Number of jobs to be created: 40
- Number of business(es) to be created or expanded: 1

- Amount to be Leveraged: $30,827

 

Historic East Baltimore Community Action Coalition, Inc.

Location

1212 N. Wolfe Street
Baltimore, MD 21213

Phone Number

443-524-2800

Grant Type

Community Economic Development (CED)

Grant Number

90EE1105

Grant Amount

$800,000

Project Period

9/30/2015 - 9/29/2020

Website

Authorizing Official

Mr. Edward Sabatino

Project Description

Historic East Baltimore Community Action Coalition, Inc. (HEBCAC) will use $800,000 in CED funds to support the construction of City Seeds-Baltimore Food Enterprise Center. City Seeds is a shared use commercial kitchen facility that is designed as a close collaboration between HEBCAC, which is responsible for the design and construction of the facility, and Humanim, another east Baltimore nonprofit responsible for the operations of the facility once built. City Seeds will 1) create jobs for low income individuals through its support of emerging and expanding food-related businesses, and 2) attract new investment in the local food economy further increasing employment opportunities for low income people in the community. The financial resources needed for this project (above the amount of this grant request) are in place, the site has been secured, and we are making use of a financing structure that includes other federal funding sources. Over the five years of the grant period we expect to create in excess of 144 new jobs.

Proposed Project Outcomes

- Number of jobs to be created: 144
- Number of business(es) to be created or expanded: 1

- Amount to be Leveraged: $2,580,000

 

Microenterprise Council of Maryland

Location

13 Morris Street
Annapolis, MD 21401

Phone Number

443-756-6406

Grant Type

Community Economic Development (CED)

Grant Number

90EE1124

Grant Amount

$800,000

Project Period

9/30/2015 - 9/29/2020

Website

Authorizing Official

Ms. Mikal McCartney

Project Description

Microenterprise Council of Maryland (MCM) will use $800,000 in CED funds for the development of a 19,500 square foot organic grocery store in Baltimore, Maryland. The grocery store will anchor a major development project that includes retail and housing in this once thriving community. It is located along a major corridor and at a site easily accessible by the immediate and local communities. The company’s expansion will create 54 jobs in manufacturing, assembly, sales, and administration.

Proposed Project Outcomes

- Number of jobs to be created: 54
- Number of business(es) to be created or expanded: 1

- Amount to be Leveraged: $807,000

 

Coastal Enterprises, Inc. (CEI)

Location

P.O. Box 268, 36 Water Street
Wiscasset, ME 04578

Phone Number

207-882-7552

Grant Type

Community Economic Development (CED)

Grant Number

90EE1116

Grant Amount

$800,000

Project Period

9/30/2015 - 9/29/2018

Website

Authorizing Official

Mr. Keith Bisson

Project Description

Coastal Enterprises, Inc. (CEI) will use $800,000 in CED funds to support the Maine Rural Business Investment Fund, a non-construction revolving loan fund that will help develop two Maine industries built on the state’s iconic forest resources – forest products and nature-based tourism. CEI will initially finance and provide workforce assistance to two rural businesses – Ecoshel, Inc., an innovative wood products firm and Saddleback, a keystone nature-based tourism business. The initial loans are in communities with poverty and unemployment rates greater than the state and national averages. The businesses will create at least 30 new livable wage jobs for low-income people (40 jobs in total).

Proposed Project Outcomes

- Number of jobs to be created: 40
- Number of business(es) to be created or expanded: 2

- Amount to be Leveraged: 0

 

Hi-Tech Charities

Location

23 North Oaks Plaza, Suite 75
St. Louis, MO 63121

Phone Number

314-922-7139

Grant Type

Community Economic Development (CED)

Grant Number

90EE1114

Grant Amount

$555,551

Project Period

9/30/2015 - 9/29/2018

Website

 

Authorizing Official

Mr. Francis Onukwue

Project Description

Hi-Tech Charities (HTC) will use $555,551 in CED funds to expand its current In-Home Health Services into Behavioral Outpatient Center to serve the healthcare needs of the people of North St. Louis. The Behavioral Outpatient Center will serve the unmet and growing behavioral health needs of local residents. HTC Behavioral Outpatient center will create 35 new, full-time jobs.

Proposed Project Outcomes

- Number of jobs to be created: 35
- Number of business(es) to be created or expanded:1

- Amount to be Leveraged: $0

 

NORTHWESTERN HOUSING ENTERPRISES, INCORPORATED

Location

869 NC-105
Boone, NC 28607

Phone Number

828-264-6683

Grant Type

Community Economic Development (CED)

Grant Number

90EE1119

Grant Amount

$800,000

Project Period

9/30/2015 - 9/29/2020

Website

 

Authorizing Official

Mr. Edward Fowler

Project Description

Northwestern Housing Enterprises Incorporated (NHE) will use $800,000 in CED funds to capitalize a loan to Mount Jefferson Child Development Center, Inc. (MJCDC, Inc.). MJCDC, Inc. is the largest provider of child development services in Ashe County. The loan will be used toward the development of a new 12,400 square foot child development center to replace the aging current facility. In addition to lending funds, NHE will act as the project developer on behalf of MJCDC, Inc. The new development will allow MJCDC, Inc. to significantly increase its services. In particular, MJCDC, Inc. will expand child care services to meet the needs of second and third shift employees in the market. Currently, there are no licensed child care centers providing second and third shift child care services. This project will create 34 new, full-time jobs.

Proposed Project Outcomes

- Number of jobs to be created: 34
- Number of business(es) to be created or expanded: 1

- Amount to be Leveraged: $656,000

 

Omaha Economic Development Corporation

Location

2221 North 24th Street
Omaha, NE 68110

Phone Number

402-346-2300

Grant Type

Community Economic Development (CED)

Grant Number

90EE1108

Grant Amount

$800,000

Project Period

9/30/2015 - 9/29/2020

Website

Authorizing Official

Ms. Annette Artherton

Project Description

Omaha Economic Development Corporation (OEDC) will use $800,000 to develop the North Omaha Agricultural Hub (NOAH), an advanced technology food manufacturing hub and agribusiness center. NOAH is a for-profit subsidiary solely owned by OEDC. This hub will create locally grown food product lines, a distribution chain, and a centralized brand of value added products to satisfy regional consumer marketing opportunities. Investment of CED funds will allow NOAH to purchase and install a series of the MVGS grow systems. Funds will also be used to install two geothermal greenhouses to enhance the local market availability of citrus and other types of fruits. As NOAH expands, 46 living wage, career path positions will be created.

Proposed Project Outcomes

- Number of jobs to be created: 46
- Number of business(es) to be created or expanded: 1

- Amount to be Leveraged: $897,683

 

Cuatro Puertas

Location

P.O. Box 26824
Albuquerque, NM 87125

Phone Number

505-620-5692

Grant Type

Community Economic Development (CED)

Grant Number

90EE1125

Grant Amount

$798,280

Project Period

9/30/2015 - 9/29/2018

Website

Authorizing Official

Ms. Tamara Trejo

Project Description

Cuatro Puertas (CP) will use $798,280 in CED funds to fundamentally rebuild the seed industry in New Mexico through organic and sustainable seed stewardship. Once a thriving economic sector of the agricultural community, the number of seed growers has dwindled to a handful. By focusing on regionally adapted organic, open pollinated seed production, new jobs will be created for seed growers, biologists, soil technicians, and complementary businesses like beekeepers, compost, equipment, and tool providers specific to the industry. Open pollinated seed can be saved, thus allowing growers to continue adapting these varieties to their specific environment. CP will provide specialized technical assistance for seed growing, access to seed stock, cleaning equipment, and financial assistance through IDAs (matched savings accounts) to support these new growers. This project will create 40 new, full-time jobs.

Proposed Project Outcomes

- Number of jobs to be created: 40
- Number of business(es) to be created or expanded: 1

- Amount to be Leveraged: $190,800

 

Siete del Norte, CDC

Location

P.O. Box 400
Embudo, NM 87531

Phone Number

505-231-5484

Grant Type

Community Economic Development (CED)

Grant Number

90EE1121

Grant Amount

$800,000

Project Period

9/30/2015 - 9/29/2018

Website

 

Authorizing Official

Mr. Todd Lopez

Project Description

Siete del Norte CDC (SDNCDC) will use $800,000 in CED funds to investment in two businesses, B-Jet Products, a subflooring manufacturing firm seeking to open a new manufacturing center in Española, New Mexico, and Taos Mountain Energy Bar, an energy bar manufacturer in Taos, New Mexico. These businesses will create 40 new, permanent, full-time jobs.

Proposed Project Outcomes

- Number of jobs to be created: 40
- Number of business(es) to be created or expanded: 2

- Amount to be Leveraged: 0

 

Economic and Community Development Institute

Location

1655 Old Leonard Avenue
Columbus, OH 43219

Phone Number

614-559-0115

Grant Type

Community Economic Development (CED)

Grant Number

90EE1110

Grant Amount

$800,000

Project Period

9/30/2015 - 9/29/2018

Website

Authorizing Official

Prof. Inna Kinney

Project Description

Economic and Community Development Institute (ECDI) will use $800,000 in CED funds to launch the Growing Entrepreneurs Initiative. This initiative will holistically address major barriers food-based business owners face, in terms of business financing, training, and incubation services. The project will invest in Peach LLC, the newest restaurant from Grow Restaurant Corporation (GRC) a Columbus-based restaurant group that has proven to be a catalyst for local economic development. This project will also expand ECDI’s food-based business incubator the Food Fort, a commercial kitchen and commissary for rent by Columbus’ food entrepreneurs. The Food Fort has turned away a growing number of clients, and needs to expand to continue to meet increasing demand. This project will create 122 full-time jobs, of which 92 positions will be filled by low-income individuals.

Proposed Project Outcomes

- Number of jobs to be created: 122
- Number of business(es) to be created or expanded: 2

- Amount to be Leveraged: 0

 

Youngstown Neighborhood Development Corporation

Location

820 Canfield Road
Youngstown, OH 44511

Phone Number

330-480-0423

Grant Type

Community Economic Development (CED)

Grant Number

90EE1104

Grant Amount

$420,000

Project Period

9/30/2015 - 9/29/2018

Website

Authorizing Official

Mr. Ian Beniston

Project Description

Youngstown Neighborhood Development Corporation will use $420,000 in CED funds to increase the scale and impact of the existing REVITALIZE program, which is a construction-based business enterprise.  It will hire an additional Construction Manager to allow for the creation of a new construction team, a Program Coordinator/Case Manager to provide case management and service coordination to low-income employees. It will also purchase equipment and supplies needed to increase the volume of work to a level that will sustain 21 new construction team members, creating a total of 23 jobs over a three year period.

Proposed Project Outcomes

- Number of jobs to be created: 23
- Number of business(es) to be created or expanded: 1

- Amount to be Leveraged: $464,997

 

The Enterprise Center Community Development Corporation

Location

4548 Market Street
Philadelphia, PA 19139

Phone Number

215-895-4005

Grant Type

Community Economic Development (CED)

Grant Number

90EE1102

Grant Amount

$505,781

Project Period

9/30/2015 - 9/29/2018

Website

Authorizing Official

Ms. Della Clark

Project Description

The Enterprise Center Community Development Corporation (TEC-CDC) will use $505,781 in CED funds to increase access to adequate equity financing that specifically addresses the capital needs of high-potential businesses positioned to expand and grow. TEC-CDC’s Performance Equity Initiative project will support business expansion by improving business capacity for two participating businesses, Jidan Cleaning, a wholesale janitorial/cleaning services business and Little Baby’s Ice Cream, a food retail business. TEC-CDC will also provide technical assistance, business development, and financial services to participating businesses to ensure project objectives, business expansion, and job creation goals are on track and achieved. This project will create 26 full-time jobs in the food and service industries.

Proposed Project Outcomes

- Number of jobs to be created: 26
- Number of business(es) to be created or expanded: 2

- Amount to be Leveraged: $382,665

 

Metanoia

Location

2005 Reynolds Avenue
North Charleston, SC 29405

Phone Number

843-529-3014

Grant Type

Community Economic Development (CED)

Grant Number

90EE1118

Grant Amount

$800,000

Project Period

9/30/2015 - 9/29/2020

Website

 

Authorizing Official

Rev. Bill Stanfield

Project Description

Metanoia Community Development Corporation (Metanoia) will use $800,000 in CED funds to provide a loan to a custom light manufacturing company, The Urban Electric Company, in North Charleston. This investment will bring viable, livable wages and full-time employment to the community by providing access to critically needed jobs and providing benefits to the environment. Further, the jobs provide opportunities for employees to gain meaningful employment with substantial career growth opportunities. The project will create 52 permanent full-time jobs.

Proposed Project Outcomes

- Number of jobs to be created: 52
- Number of business(es) to be created or expanded: 1

- Amount to be Leveraged: $1,300,0000

 

Fifteenth Ave Baptist Community Development Corporation

Location

1100 10th Avenue North
Nashville, TN 37208

Phone Number

615-256-4329

Grant Type

Community Economic Development (CED)

Grant Number

90EE1129

Grant Amount

$800,000

Project Period

9/30/2015 - 9/29/2018

Website

 

Authorizing Official

Ms. Carlina Rollins

Project Description

Fifteenth Avenue Baptist Community Development Corporation (FABCDC) will use $800,000 in CED funds for the expansion of a locally owned bakery in Nashville, Tennessee. The company, Sweet Creations, has a team of experienced managers and is in a fast-growing industry with a tremendous opportunity. Sweet Creations is a limited liability company that bakes and sells fresh-baked, distinctively different, 3-inch tarts and 9-inch pies. In addition to its signature pecan pie, the store sells chocolate chip pecan, jus’ (like chess), peach, apple, and sweet potato pies. The project will create 42 new full time permanent jobs for low-income persons.

Proposed Project Outcomes

- Number of jobs to be created: 42
- Number of business(es) to be created or expanded: 1

- Amount to be Leveraged: $102,500

 

RURAL COMMUNITY DEVELOPMENT RESOURCES

Location

24 S. 3rd Avenue, P.O. Box 9492
Yakima, WA 98902

Phone Number

509-453-5133

Grant Type

Community Economic Development (CED)

Grant Number

90EE1115

Grant Amount

$778,238

Project Period

9/30/2015 - 9/29/2018

Website

 

Authorizing Official

Ms. Luz Bazan Gutierrez

Project Description

Rural Community Development Resources (RCDR) will use $778,238 in CED funding to establish a CED Revolving Loan Fund to initially finance three viable expanding small businesses, Zafari Restaurant and Bar, Fuego Martini Bar and Seafood, and Lamorenita Bakery. These three businesses are committed to creating 40 year-round full-time jobs in the food production and restaurant industries.

Proposed Project Outcomes

- Number of jobs to be created: 40
- Number of business(es) to be created or expanded: 3

- Amount to be Leveraged: $250,000

 

Northwest Side Community Development Corporation

Location

4201 N. 27th St. 7th Floor
Milwaukee, WI 53216

Phone Number

414-444-8200

Grant Type

Community Economic Development (CED)

Grant Number

90EE1106

Grant Amount

$800,000

Project Period

9/30/2015 - 9/29/2018

Website

 

Authorizing Official

Mr. Howard Snyder

Project Description

The Northwest Side Community Development Corporation (NWSCDC) will use $800,000 to provide a loan to SIC Lazaro for working capital to purchase a paint booth and raw materials while increasing its labor force. This project will (1) expand a Spanish manufacturer’s Milwaukee operations; (2) create 40 full-time permanent positions for residents of Milwaukee’s northwest side; and (3) continue NWSCDC’s model of lending to neighborhood places and industry spaces. SIC Lazaro is poised to grow and create jobs for low-income people. The company needs to purchase additional raw materials and a paint booth to increase production at its only United States manufacturing plant. The materials and equipment will enable increased production and create 40 new manufacturing jobs for the Milwaukee area during the project period.

Proposed Project Outcomes

- Number of jobs to be created: 40
- Number of business(es) to be created or expanded: 1

- Amount to be Leveraged: $300,000

 

Northwoods NiiJii Enterprise Community, Inc.

Location

602 Peace Pipe Rd., P.O. Box 786
Lac du Flambeau, WI 54538

Phone Number

715-588-4250

Grant Type

Community Economic Development (CED)

Grant Number

90EE1127

Grant Amount

$300,000

Project Period

9/30/2015 - 9/29/2020

Website

 

Authorizing Official

Ms. Patricia O'Neil

Project Description

Northwoods NiiJii Enterprise Community, Inc. (NiiJii) will use $300,000 in CED to construct the Waaswaaganing Indian Bowl Living Arts and Culture Center on the Lac du Flambeau Indian Reservation. In a pristine lakeside resort setting in Northern Wisconsin. The Center will offer distinctive Native American artistic programming and opportunities for economic development, while ensuring remediation of involuntary cultural displacement. The center will be attached to the George W. Brown Native American Museum and include an outdoor amphitheater, classrooms, gift shop, art gallery, and NiiJii's Woodland Indian Artists' Incubator. It plans to host cultural tourism events such as Pow Wows, theater, community events, classes to inter-generationally transmit endangered Native arts and craft skills, culture and language. The project will create 12 full-time jobs.

Proposed Project Outcomes

- Number of jobs to be created: 12
- Number of business(es) to be created or expanded: 1

- Amount to be Leveraged: $948,000

 

Riverworks Development Corporation

Location

526 E. Concordia Avenue
Milwaukee, WI 53212

Phone Number

414-906-9650

Grant Type

Community Economic Development (CED)

Grant Number

90EE1126

Grant Amount

$546,875

Project Period

9/30/2015 - 9/29/2020

Website

 

Authorizing Official

Mr. Darryl Johnson

Project Description

Riverworks Development Corporation (RDC) will use $546,875 in CED funding for the Riverworks City Center Retail and Office Project (Riverworks Project). The $1,740,000 Riverworks Project includes rehabilitation of a 12,403 sq. ft. building at 518-26 East Concordia Avenue and new construction of a 14,663 sq. ft. building at 3334 North Holton Street. These two buildings will provide 27,066 sq. ft. of space for the relocation and expansion of three businesses that are currently located in the low-income Harambee project area. The relocation and expansion of these businesses will result in the creation of22 new full-time jobs.

Proposed Project Outcomes

- Number of jobs to be created: 22
- Number of business(es) to be created or expanded: 3

- Amount to be Leveraged: $1,193,125

 

Wisconsin Women's Business Initiative Corporation

Location

1533 N. Rviercenter Dr.
Milwaukee, WI 53212

Phone Number

414-263-5450

Grant Type

Community Economic Development (CED)

Grant Number

90EE1128

Grant Amount

$800,000

Project Period

9/30/2015 - 9/29/2018

Website

 

Authorizing Official

Ms. Wendy Baumann

Project Description

Wisconsin Women’s Business Initiative Corporation (WWBIC) will use $800,000 in CED funds to finance the expansion of six companies in diverse industries with growth potential. These funds will allow for low interest, long term loans to meet potential financing needs of these or similar businesses in the area. WWBIC will provide technical assistance to each firm, which will result in 113 new full-time jobs. These jobs will pay a living wage and will offer benefits and opportunities for advancement for city residents.

Proposed Project Outcomes

- Number of jobs to be created: 113
- Number of business(es) to be created or expanded: 6

- Amount to be Leveraged: $350,000

 

Coalfield Development Corporation

Location

P.O. Box 1133
Wayne, WV 25570

Phone Number

304-501-4755

Grant Type

Community Economic Development (CED)

Grant Number

90EE1117

Grant Amount

$800,000

Project Period

9/30/2015 - 9/29/2020

Website

 

Authorizing Official

Mr. Brandon Dennison

Project Description

Coalfield Development Corporation (CDC) will use $800,000 in CED funding to launch Reclaim Appalachia, which will focus on deconstructing older buildings with no further economic life. Reclaim Appalachia will hire low-income people living in three distressed counties (Wayne, Mingo and Lincoln, WV) to deconstruct area buildings and reuse some of the resulting materials into furniture and home décor accessories and selling the rest as architectural salvage or donating it to Habitat for Humanity. The project will create 40 new, full-time jobs.

Proposed Project Outcomes

- Number of jobs to be created: 40
- Number of business(es) to be created or expanded: 1

- Amount to be Leveraged: $150,000

 

Last Reviewed: May 29, 2019