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ED24HDQ0G0518

Project Grant

Overview

Grant Description
The Oasis Expansion Recompete Plan, led by the Platform for Social Impact, will invest in comprehensive economic development initiatives in the Villa Prades public housing community of San Juan, Puerto Rico.

This neighborhood is experiencing a poverty rate of 47 percent (over 400 percent the national average).

Villa Prades residents face insufficient wages and lack opportunities for good jobs; as a result, many workers are dependent on informal employment.

This coalition aims to overcome these barriers by adopting an integrated, multigenerational support model to help working-age adults return to work.

This project will support community awareness and education campaigns on benefits, employee/employers campaign to boost morale in the workplace, and pilot an income supplement with 100 families.
Funding Goals
PHASE 1 OF THE COMPETITION IDENTIFIED FINALISTS THAT MADE A CLEAR CASE FOR THE NEEDS AND OPPORTUNITIES OF THEIR CHOSEN GEOGRAPHY AND SUCCESSFULLY ARTICULATED A PLAN TO ADDRESS THOSE NEEDS. PHASE 2 OF THE COMPETITION WILL MAKE IMPLEMENTATION AWARDS BASED ON THE LIKELIHOOD OF AN APPLICANT TO RAISE PRIME-AGE EMPLOYMENT AND WAGES, AND PROMOTE LONG-TERM ECONOMIC DEVELOPMENT.
Place of Performance
San Juan, Puerto Rico 00907-3905 United States
Geographic Scope
Single Zip Code
Platform For Social Impact was awarded Villa Prades Economic Development Initiative in San Juan, PR Project Grant ED24HDQ0G0518 worth $3,627,200 from Economic Development Administration in October 2024 with work to be completed primarily in San Juan Puerto Rico United States. The grant has a duration of 5 years and was awarded through assistance program 11.040 Distressed Area Recompete Pilot Program. The Project Grant was awarded through grant opportunity FY 2023 Distressed Area Recompete Pilot Program Phase 2.

Status
(Ongoing)

Last Modified 8/29/25

Period of Performance
10/1/24
Start Date
9/30/29
End Date
18.0% Complete

Funding Split
$3.6M
Federal Obligation
$0.0
Non-Federal Obligation
$3.6M
Total Obligated
100.0% Federal Funding
0.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to ED24HDQ0G0518

Additional Detail

Award ID FAIN
ED24HDQ0G0518
SAI Number
None
Award ID URI
None
Awardee Classifications
Nonprofit With 501(c)(3) IRS Status (Other Than An Institution Of Higher Education)
Awarding Office
1331K5 DEPT OF COMMERCE EDA
Funding Office
1331K5 DEPT OF COMMERCE EDA
Awardee UEI
JSCWK4FHKK81
Awardee CAGE
9Q0U2
Performance District
PR-98
Modified: 8/29/25