The Houston-Galveston Area Council and the Gulf Coast Economic Development District issue an Economic Recovery Resources Biweekly Update to help our local partners secure the resources they need to recover from economic disruption.
Subscribers to the monthly Regional Economic Development Digest will receive the biweekly update automatically.
The following funding opportunities are currently open to local governments and economic development organizations.
The US Economic Development Administration supports development in economically distressed areas of the United States by fostering job creation and attracting private investment. These Public Works Grants help communities build the infrastructure they need to support job growth and private investment. Infrastructure types include water / wastewater, roads, and facilities.
If you have an economic development infrastructure need in your community, email Jillian Donatto or call 631-897-3817.
The U.S. Department of Agriculture Rural Development Community Facilities (CF) Direct Loan & Grant program provides funding to construct, enlarge, or improve essential community facilities in rural areas.
On December 16, the U.S. Department of Agriculture (USDA) Rural Development opened applications for the Rural Microentrepreneur Assistance Program. The program provides loans and grants to a non-profit entity or institution of higher education as a Microenterprise Development Organization (MDO) to establish revolving loan funds to provide loans to rural microloan borrowers and micro entrepreneurs, or to provide training and technical assistance to micro entrepreneurs.
To be eligible for a loan from an MDO, an ultimate recipient must be a business with 10 or fewer full-time employees and be in a non-metropolitan rural area with a population of 50,000 or less.
The U.S. Economic Development Administration will invest in regional coalitions to implement a collection of 3 to 8 distinct but related projects, in coordination with industry and community partners, and aligned around a holistic vision to build and scale a strategic industry cluster.
U.S. Economic Development Administration (EDA) funding for state planning efforts and grants to build Communities of Practice to extend technical assistance to support EDA’s work with grantees.
U.S. Department of Agriculture grant program for small specialty crop producers, distributors, processors, and farmers markets to enact measures that protect workers against the coronavirus.
Federal Emergency Management Agency grants to support community capacity building and resilience strengthening in direct response to the growing hazards associated with climate change
U.S. Economic Development Administration grants to develop and strengthen regional workforce training systems and sector-based partnerships with a focus on programs for women, people of color, and historically underserved communities.
U.S. Economic Development Administration grants to help communities plan, build, innovate, and put people back to work through construction or non-construction projects designed to meet local needs.
U.S. Economic Development Administration will work with Tribal Governments and Indigenous communities to develop and execute economic development projects they need to recover from the pandemic and build economies for the future.
U.S. Economic Development Administration investments to revitalize the hard-hit travel, tourism, and outdoor recreation industries and accelerate the recovery of communities that rely on these sectors.
These partner organizations provide information to local governments, businesses, and economic development organizations on available recovery resources.
The Greater Houston Partnership has established the Greater Houston Business Recovery Center (GHBRC), which will provide guidance on policy and financing related to recovery programs.
RestoreYourEconomy is your resource for up-to-date information related to COVID-19 and its economic impacts.
H-GALDC is a certified development company (CDC) and currently licensed throughout Texas. Its economic development by making available low-cost small businesses under the U.S. Small Business Administration's (SBA) SBA 504 Loan Program. The H-GLADC administers the GCEDD Revolving Loan Fund, which is providing bridge loans for Economic Injury Disaster Loan applicants.
H-GAC is the regional organization through which local governments consider issues and cooperate in solving area wide problems. The Houston-Galveston Area Council COVID-19 response page contains information for small businesses, teleworking best practices, and Workforce Solutions updates. It also provides updates on impacted H-GAC programs, meetings, and events.
The Texas Economic Development Council COVID-19 webpage catalogs webinars, small business program examples, research white papers, Texas Workforce Commission resources, and advice for retailers.
The National Association of Development Organizations COVID-19 resource center provides advocacy resources, upcoming virtual events and training, federal agency COVID-19 resources, member response resources, national partner organizations response resources, Office of Management and Budget guidance, state-by-state workforce guidelines, philanthropic resources for communities.
The International Economic Development Council Corona Virus Response webpage provides information on the IEDC's COVID-19 webinar series and frequently updated situational reports.
Main Street Forward provides a wide range of free resources for Main Street leaders, including recovery planning tools, research, and best practices and examples from around the Main Street Network.
©2021 Houston-Galveston Area Council
Houston-Galveston Area Council
Houston-Galveston Area Council