Tampa-based community nonprofit awarded $15 million grant


  • By
  • | 2:20 p.m. January 29, 2025
  • | 0 Free Articles Remaining!
A rendering of the University Area CDC's Economic Development Center
A rendering of the University Area CDC's Economic Development Center
Courtesy image
  • Tampa Bay-Lakeland
  • Share

The University Area Community Development Corp., a public/private nonprofit serving the area near University of South Florida’s Tampa campus, and its partners were recently awarded a $14.9 million grant from the Environmental Protection Agency. 

Together with Hillsborough County and USF, the organization plans to use the funds to build an Economic Development Center and make upgrades to infrastructure that is already in place, according to a statement. 

"This grant is a transformative step forward for the University Area community," says Sarah Combs, CEO and executive director of University Area CDC in a statement. "Funding the construction of the Economic Development Center at our Cultural Campus will allow us to deliver critical services and opportunities that empower our residents. Together with USF and Hillsborough County, we are building a stronger, healthier, and more resilient future for our community."

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

Sponsored Content