ED24AUS0G0115
Project Grant
Overview
Grant Description
This EDA investment will leverage manufacturing and technology-based economic development in Coryell County, Texas.
The City of Copperas Cove is addressing the local and regional need for high paying high quality jobs by improving water, sewage, and road infrastructure to develop two 22-acre sites for industrial use, specifically the computer chip industry.
The economic impact will provide stable well-paying jobs to the residents of Coryell County as well as address the longer-term investments needed in infrastructure to allow for more robust development and the production of needed microprocessors and computer chips in the domestic market.
This project was made possible by the regional planning efforts led by the Development District of Central Texas.
EDA funds the Development District of Central Texas to bring together the public and private sectors to create an economic development roadmap to strengthen the regional economy, support private capital investment and create jobs.
The City of Copperas Cove is addressing the local and regional need for high paying high quality jobs by improving water, sewage, and road infrastructure to develop two 22-acre sites for industrial use, specifically the computer chip industry.
The economic impact will provide stable well-paying jobs to the residents of Coryell County as well as address the longer-term investments needed in infrastructure to allow for more robust development and the production of needed microprocessors and computer chips in the domestic market.
This project was made possible by the regional planning efforts led by the Development District of Central Texas.
EDA funds the Development District of Central Texas to bring together the public and private sectors to create an economic development roadmap to strengthen the regional economy, support private capital investment and create jobs.
Awardee
Funding Goals
SUBJECT TO THE AVAILABILITY OF FUNDS, AWARDS MADE UNDER THIS NOFO WILL HELP COMMUNITIES AND REGIONS DEVISE AND IMPLEMENT LONG-TERM ECONOMIC RECOVERY STRATEGIES THROUGH A VARIETY OF NON-CONSTRUCTION AND CONSTRUCTION PROJECTS, AS APPROPRIATE, TO ADDRESS ECONOMIC CHALLENGES IN AREAS WHERE A PRESIDENTIAL DECLARATION OF A MAJOR DISASTER WAS ISSUED UNDER THE ROBERT T. STAFFORD DISASTER RELIEF AND EMERGENCY ASSISTANCE ACT (42 U.S.C. SECTION 5121 ET SEQ.) (STAFFORD ACT) "AS A RESULT OF HURRICANES IAN AND FIONA, AND OF WILDFIRES, FLOODING, AND OTHER NATURAL DISASTERS OCCURRING IN CALENDAR YEARS 2021 AND 2022...."
Grant Program (CFDA)
Awarding / Funding Agency
Place of Performance
Copperas Cove,
Texas
76522-2290
United States
Geographic Scope
Single Zip Code
Related Opportunity
City Of Copperas Cove was awarded
Tech-Based Economic Development Grant for Coryell County, Texas
Project Grant ED24AUS0G0115
worth $3,500,000
from Economic Development Administration in May 2024 with work to be completed primarily in Copperas Cove Texas United States.
The grant
has a duration of 5 years and
was awarded through assistance program 11.307 Economic Adjustment Assistance.
$875,000 (20.0%) of this Project Grant was funded by non-federal sources.
The Project Grant was awarded through grant opportunity FY 2023 Disaster Supplemental.
Status
(Ongoing)
Last Modified 8/29/25
Period of Performance
5/13/24
Start Date
5/13/29
End Date
Funding Split
$3.5M
Federal Obligation
$875.0K
Non-Federal Obligation
$4.4M
Total Obligated
Activity Timeline
Additional Detail
Award ID FAIN
ED24AUS0G0115
SAI Number
None
Award ID URI
None
Awardee Classifications
City Or Township Government
Awarding Office
1331K5 DEPT OF COMMERCE EDA
Funding Office
1331K5 DEPT OF COMMERCE EDA
Awardee UEI
EX66LJDTSA31
Awardee CAGE
1L2B2
Performance District
TX-31
Senators
John Cornyn
Ted Cruz
Ted Cruz
Modified: 8/29/25