Alaska Delegation Welcomes $2 Million CARES Act Grant for Pipeline Training Center
Washington,
March 12, 2021
WASHINGTON—U.S. Senators Lisa Murkowski and Dan Sullivan, and Congressman Don Young, all R-Alaska, welcomed an announcement yesterday by U.S. Secretary of Commerce Gina Raimondo that a $2 million Coronavirus Aid, Relief, and Economic Security (CARES) Act Recovery Assistance grant is being awarded to the Fairbanks Pipeline Training Center Trust. The grant, authorized by the Commerce Department’s Economic Development Administration (EDA), is to acquire heavy-duty equipment needed to expand workforce training efforts, and will be matched with $499,040 in local funds. The project is expected to create 12,300 jobs, retain 5,000 jobs, and generate $10.5 million in private investment. “President Biden is committed to unleashing the full power of the federal government to ensure our nation not only recovers from this pandemic but builds back stronger,” said Secretary Raimondo. “This EDA investment in the Fairbanks Pipeline Training Center Trust will expand their capacity to train students in pipeline operation and maintenance to support growing workforce demands in the oil and gas, mining, and construction sectors.” “The Economic Development Administration plays an important role in supporting community-led economic development strategies designed to boost coronavirus recovery and response efforts,” said Dennis Alvord, acting assistant secretary of commerce for economic development. “The equipment to be acquired with this EDA investment will expand student training for in-demand jobs to increase the resiliency of the regional economy in response to the pandemic.” This project is funded under the CARES Act (Public Law 116-136), which provided EDA with $1.5 billion for economic assistance programs to help communities prevent, prepare for, and respond to coronavirus. EDA CARES Act Recovery Assistance, which is being administered under the authority of the bureau’s flexible Economic Adjustment Assistance (EAA) program, provides a wide-range of financial assistance to eligible communities and regions as they respond to and recover from the impacts of the coronavirus pandemic. # # # |