West Central Indiana Economic Development District Inc

THIS EDA INVESTMENT CAPITALIZES A $1,000,000 REVOLVING LOAN FUND (RLF) TO LEND TO BORROWERS IN THE FOLLOWING GEOGRAPHIC REGION: CLAY, PARKE, PUTNAM, SULLIVAN, VERMILLION, AND VIGO COUNTIES IN INDIANA. THE EDA INVESTMENT WILL ALLEVIATE SUDDEN AND SEVERE ECONOMIC DISLOCATION CAUSED BY THE CORONAVIRUS PANDEMIC, PROVIDE PERMANENT RESOURCES TO SUPPORT ECONOMIC RESILIENCY, AND FURTHER THE LONG-TERM ECONOMIC ADJUSTMENT OBJECTIVES OF THE REGION. ONCE IMPLEMENTED, THE RLF WILL PROVIDE ACCESS TO CAPITAL TO HELP SMALL BUSINESSES AND ENTREPRENEURS RECOVER FROM THE CORONAVIRUS PANDEMIC, WHICH WILL PROMOTE JOB CREATION AND RETENTION, ATTRACT PRIVATE INVESTMENT, AND BOLSTER ECONOMIC RESILIENCY THROUGHOUT THE REGION.

THIS AWARD PROVIDES FUNDING TO THE WEST CENTRAL INDIANA ECONOMIC DEVELOPMENT DISTRICT TO CONDUCT ASSESSMENTS AT POTENTIAL BROWNFIELD PETROLEUM SITES

THIS AWARD PROVIDES FUNDING TO THE WEST CENTRAL INDIANA ECONOMIC DEVELOPMENT DISTRICT TO CONDUCT ASSESSMENTS AT POTENTIAL BROWNFIELD HAZARDOUS SUBSTA

EXPAND ECONOMIC DEVELOPMENT AND RESILIENCY PLANNING ACTIVITIES TO ALL SIX COUNTIES OF THE WEST CENTRAL DISTRICT IN RESPONSE TO THE AREA'S ECONOMIC INJURY AS A RESULT OF CORONAVIRUS.

DESCRIPTION:BROWNFIELDS ARE REAL PROPERTY, THE EXPANSION, DEVELOPMENT OR REUSE OF WHICH MAY BE COMPLICATED BY THE PRESENCE OR POTENTIAL PRESENCE OF A HAZARDOUS SUBSTANCE, POLLUTANT, OR CONTAMINANT. THIS AGREEMENT WILL PROVIDE FUNDING FOR WEST CENTRAL INDIANA ECONOMIC DEVELOPMENT DISTRICT, INC. TO CONDUCT ELIGIBLE ASSESSMENT-RELATED ACTIVITIES AS AUTHORIZED BY CERLCA 104(K)(2) IN VERMILLION COUNTY, INDIANA.ACTIVITIES:SPECIFICALLY, THIS AGREEMENT WILL PROVIDE FUNDING TO THE RECIPIENT TO INVENTORY, CHARACTERIZE, ASSESS, AND CONDUCT CLEANUP PLANNING AND COMMUNITY INVOLVEMENT RELATED ACTIVITIES. ADDITIONALLY, THE RECIPIENT WILL COMPETITIVELY PROCURE (AS NEEDED) AND DIRECT A QUALIFIED ENVIRONMENTAL PROFESSIONAL TO CONDUCT ENVIRONMENTAL SITE ACTIVITIES, AND WILL REPORT ON INTERIM PROGRESS AND FINAL ACCOMPLISHMENTS BY COMPLETING AND SUBMITTING RELEVANT PORTIONS OF THE PROPERTY PROFILE FORM USING EPA'S ASSESSMENT, CLEANUP AND REDEVELOPMENT EXCHANGE SYSTEM (ACRES).SUBRECIPIENT:NO SUBAWARDS ARE INCLUDED IN THIS ASSISTANCE AGREEMENT.OUTCOMES:FURTHER, THE RECIPIENT ANTICIPATES CONDUCTING 18-20 PHASE I AND 10-13 PHASE II ENVIRONMENTAL SITE ASSESSMENTS, HOLDING COMMUNITY MEETINGS THROUGHOUT THE LIFE OF THE PROJECT, DEVELOPING SITE-SPECIFIC CLEANUP PLANS/ANALYSIS OF BROWNFIELD CLEANUP ALTERNATIVES, DEVELOPING PLANNING DOCUMENTS TO INITIATE BROWNFIELDS REVITALIZATION, AND SUBMITTING 12 QUARTERLY REPORTS. WORK CONDUCTED UNDER THIS AGREEMENT WILL BENEFIT THE RESIDENTS, BUSINESS OWNERS, AND STAKEHOLDERS IN AND NEAR WEST CENTRAL INDIANA ECONOMIC DEVELOPMENT DISTRICT, INC. IN VERMILLION COUNTY, INDIANA.

THIS EDA PLANNING INVESTMENT SUPPORTS THE DEVELOPMENT AND IMPLEMENTATION OF A COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY (CEDS) FOR THE REGION COVERED BY WEST CENTRAL INDIANA ECONOMIC DEVELOPMENT DISTRICT, INC., WHICH COMPRISES THE COUNTIES OF CLAY, PARKE, PUTNAM, SULLIVAN, VERMILLION, AND VIGO. THE CEDS PROCESS IS DESIGNED TO BRING TOGETHER THE PUBLIC AND PRIVATE SECTORS IN THE CREATION OF AN ECONOMIC DEVELOPMENT ROADMAP TO DIVERSIFY AND STRENGTHEN THE REGIONAL ECONOMY.

CONTINUATION OF ECONOMIC DEVELOPMENT PLANNING AND TECHNICAL ASSISTANCE ACTIVITIES TO ALL SIX COUNTIES OF THE WEST CENTRAL INDIANA ECONOMIC DEVELOPMENT DISTRICT.

CONTINUATION OF ECONOMIC DEVELOPMENT PLANNING ACTIVITIES FOR WEST CENTRAL INDIANA.

RENEWABLE PLNG INVEST

PARTNERSHIP PLANNING INV

FLOOD RECOVERY PROJECT

RBDG RURAL BUSINESS COOP RURAL ENTERPRISE GRANT