Federal grant · project grant (b)
This Eda Investment Supports the Downriver Community Conference (DCC) With Implementing a Recovery Initiative for Detroit's Downriver Region, Which Includes: (1) Hiring a Regional Economic Development Manager, (2) Developing a Community Inclusive Strategy for Planning the Redevelopment of Sites in the Jefferson Avenue Corridor, and (3) Establishing a Small Business Technical Assistance Program. Due to the Closure of Two Coal-fired Power Plants, the Area Has Experienced Significant Disruptions to the Local Economy and the COVID-19 Pandemic Led to Additional Economic Distress With Pandemic-related Job Losses and Business Closures Exacerbating the Region's Distress. Once Implemented, the Plan Will Assist in the Region's Economic Recovery and Prepare It for Future Resilience to Economic Shocks, Which Will Create Job Opportunities, Attract Private Investment, and Strengthen the Local Economy in an Area That Has Been Impacted by the Decline in the Coal Industry.
Committed
$1.6 Million
Paid out
$1.3M
80%
Committed, not yet paid
$324.7K
20%
Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .
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