ED24HDQ0G0519
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 aims to establish a continuum of services to advance entrepreneurs with the goal of supporting 335 small businesses.
Subwards will be provided to project makers including personnel to support businesses and for mentors, coaches, program outreach, etc.
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 aims to establish a continuum of services to advance entrepreneurs with the goal of supporting 335 small businesses.
Subwards will be provided to project makers including personnel to support businesses and for mentors, coaches, program outreach, etc.
Awardee
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.
Grant Program (CFDA)
Awarding / Funding Agency
Place of Performance
San Juan,
Puerto Rico
00907-3905
United States
Geographic Scope
Single Zip Code
Platform For Social Impact was awarded
Oasis Expansion Plan Economic Development in Villa Prades San Juan
Project Grant ED24HDQ0G0519
worth $6,406,765
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
Funding Split
$6.4M
Federal Obligation
$0.0
Non-Federal Obligation
$6.4M
Total Obligated
Activity Timeline
Additional Detail
Award ID FAIN
ED24HDQ0G0519
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