DENVER - On February 3, 2025, Governor Jared Polis, the Office of Just Transition (OJT) within the Colorado Department of Labor and Employment (CDLE), and the Office of Economic Development and International Trade (OEDIT) announced two new Coal Transition Community Assistance grants aimed at supporting local economic diversification efforts in Moffat and Rio Blanco Counties. These grants are part of the state’s broader initiative to support communities impacted by the decline of coal-powered electricity production in Colorado.

"Colorado is helping communities succeed in new ways, which will create more jobs for local workers and save people money. We are committed to helping communities in Western Colorado plan for the future,” said Governor Polis.

“Communities in Northwest Colorado are working hard to diversify their economies, and we are pleased to support those efforts. When economic development plans are based on local strengths and opportunities, we see greater impacts for Coloradans,” said Eve Lieberman, OEDIT Executive Director.

City of Craig Awarded $1,051,000 for Business and Industrial Park
In Moffat County, the City of Craig has been awarded $1,051,000 to purchase property for the development of a new business and industrial park. The park will be strategically located with access to both the Union Pacific rail line and 1st Street in Craig, offering excellent opportunities for growth and investment.

“The Office of Just Transition plays a critical role in promoting stability, recovery, and sustainability for regions like NW Colorado, as we all anticipate the impacts from coal mine and power plant closures,” said Craig City Manager Peter Brixius. “In the face of these impacts, we are very pleased that OJT is a partner in our vision for the future growth and development of new and expanding opportunities for our region. The acquisition of this property in Craig will establish a business park in an area that will provide a skilled and ready workforce with a quality of life that includes world class recreational opportunities right in our backyard. We are planning a business park for those looking for flexibility and services, as they make fiscally responsible decisions, and at the same time realize their dreams.”

The City of Craig will collaborate with a private developer to begin the master planning process for the park. In addition to the Coal Transition Community grant, the project has been awarded $2.5 million in Congressionally Designated Spending to cover horizontal infrastructure costs.

Rio Blanco Water Conservancy District Awarded $100,000 for Wolf Creek Reservoir Study
The Rio Blanco Water Conservancy District has been awarded $100,000 to conduct a comprehensive survey and report on the potential impacts of a new reservoir in Rio Blanco County. The study will evaluate the impact of the proposed new reservoir on agricultural production, flatwater recreation, and a countywide water augmentation plan designed to increase the supply of water available for beneficial use. This award will not bias various state and federal permitting processes required for this project.

"Our economy is transitioning away from fossil fuel electric generation, and a reliable water supply is a key component of this critical economic transition,"  said Alden Vanden Brink with the Rio Blanco Water Conservancy District.  

“This study will provide important information that will guide the future of the Wolf Creek Reservoir and help ensure that we understand the economic potential of the project,” said OJT Director Wade Buchanan. “By investing in such efforts, we continue to support the long-term prosperity of communities in the Yampa Valley.”

About the Office of Just Transition:
Colorado created the Office of Just Transition within Colorado’s Department of Labor and Employment in 2019 to assist workers and communities that will be adversely affected by the loss of jobs and revenues due to the closure of coal mines and coal-fired power plants. Its purpose is to help workers transition to new, high-quality, jobs, to help communities continue to thrive by expanding and attracting diverse businesses, and to replace lost revenues. To learn more about the Office of Just Transition, its action plan and the corresponding legislation, please visit cdle.colorado.gov/offices/the-office-of-just-transition.

About Colorado Office of Economic Development and International Trade:
The Colorado Office of Economic Development and International Trade (OEDIT) works with partners to create a positive business climate that encourages dynamic economic development and sustainable job growth. OEDIT partners with businesses and communities to offer financial, technical, and advisory assistance. From business retention services to incentives and funding, OEDIT supports economic growth across Colorado through its diverse programs and services. To learn more, visit oedit.colorado.gov.