HomeMy WebLinkAbout09/28/2021 03. Discussion of application for a Build Back Better Grant •
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BUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
AGENDA STATEMENT
Item No. 3.
For Meeting of: September 28, 2021
ITEM TITLE: Discussion of application for a Build Back Better Grant
SUBMITTED BY: Robert Harrison, City Manager
SUMMARY EXPLANATION:
Attached is information related to the Build Back Better(BBB)grant opportunity through the US
Economic Development Administration. The BBB is a two phase award, with the first phase a
$500,000 technical grant which would lead into a grant application for up to $100 million of
infrastructure improvement. The grant is due for submission on October 19.
ITEM BUDGETED:
STRATEGIC PRIORITY:
APPROVED FOR SUBMITTAL BY THE CITY MANAGER
RECOMMENDATION:
ATTACHMENTS:
Description Upload Date Type
D EDA grant 9/23/2021 Corer Memo
EDA: AMERICAN RESCUE PLAN 2
BUILD BACK BETTER REGIONAL CHALLENGE
Supercharging Local Economies
The Build Back Better Regional Challenge is
4_011 REG/04, designed to assist communities nationwide in their
.�! efforts to build back better by accelerating the
economic recovery from the coronavirus pandemic
xand building local economies that will be resilient to
�
°° A' M future economic shocks.
46? The$1 billion Build Back Better Regional Challenge As part of the$300 million
will provide a transformational investment to 20-30 Coal Communities
EDA regions across the country that want to revitalize their Commitment,EDA will
economies.These regions will have the opportunity allocate at least$100 million
to grow new regional industry clusters or scale existing ones through planning, of the Build Back Better
infrastructure,innovation and entrepreneurship,workforce development,access to Regional Challenge funding
capital,and more. to support coal communities.
Phase 1:50-60 regional coalitions of partnering entities will be awarded
—$500,000 in technical assistance funds to develop and support three to eight
projects to grow a regional growth cluster.
Phase 2:EDA will award 20-30 regional coalitions$25 million to$75 million,
and up to$100 million,to implement those projects.
AO WHO SHOULD APPLY \ti�;791
�;'1 ' APPLICATION DEADLINE
EDA invites eligible applicants to form regional coalitions to apply for funding to Phase 1 deadline:
implement a collection of three to eight distinct but related projects in their region, October 19,2021
in coordination with industry and community partners,and aligned around a holistic
vision to build and scale a strategic industry cluster.Applicants should identify one Phase 2 deadline:
key coordinating lead institution per regional cluster to lead the concept and projects March 15,2022
into the implementation phase,while fostering collaboration and coordinating
resources to ensure these investments have the greatest economic impact on our
communities,regions,and the nation.
C)
Coalition members eligible to apply for investment assistance for their region include a(n):
CONTACTS
District Organization of an EDA-designated Economic Development District Please send email inquiries about
Indian Tribe or a consortium of Indian Tribes the American Rescue Plan Build
State,county,city,or other political subdivision of a State,including a Back Better Regional Challenge to
special purpose unit of a State or local government engaged in economic or BuildBackBetter@eda.gov.
infrastructure development activities,or a consortium of political subdivisions For additional questions,particularly
Institution of higher education or a consortium of institutions of higher education region specific questions,
contact your state's Economic
Public or private non-profit organization or association acting in cooperation Development Representative.
with officials of a political subdivision of a State Visit www.eda.gov/contact to
individuals or for-profit entities are not eligible. find contact information for
your Economic Development
** Representative.
EDA
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inAMEERICA S
COM• UNITIES To learn more about EDA's American Rescue Plan Build Back Better
Regional Challenge,visit eda.gov/arpa/build-back-better/.