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Building 310, Suite 165
Austin, TX 78744

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In the News

CAPCOG seeks EDA grant for Memorial Day disaster relief

Tuesday, July 14, 2015

The Capital Area Council of Governments (CAPCOG) is pursuing grant financing that will allow the COG to provide technical assistance in the areas of economic development and recovery, infrastructure planning, and damage assessment to local jurisdictions affected by the Memorial Day weekend floods.

CAPCOG applied in June to receive a U.S. Economic Development Administration, Economic Development Assistance grant. If awarded, the federal monies would be about $177,000 distributed over two years. The grant would allow CAPCOG to direct staff resources to assist with disaster recovery planning and development and redevelopment efforts.

Specifically, the funds could allow CAPCOG to gather information from organizations involved in taking damage assessments, so CAPCOG can perform mitigation mapping. Such mapping would benefit infrastructure reconstruction and ensure resilience is a key component of future economic development. CAPCOG would also help identify funding opportunities for local jurisdictions, so they can leverage and match various monetary sources.

As part of its economic development efforts, CAPCOG would provide an economic impact assessment to local emergency management coordinators and help coordinate medium and longer term recovery efforts with local businesses. This will help to leverage redevelopment and new development to help prevent future flood damage and assess the diversification of business to offer greater economic resiliency to areas affected.

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