This EDA investment supports the town of adams with making water infrastructure improvements to develop the greylock glen resort in berkshire county, massachusetts

Project Grant Awarded

Award ID
017915215
Recipient
Awarding agency
Obligated
$4,135,000

Award facts

Assistance listing
11.307 Economic Adjustment Assistance
Completion date
Not on record
Funding
  • $2,894,500.00 Federal
  • $1,240,500.00 Non-federal
Place of performance
Adams, MA 01220, USA

Award details come from USAspending.gov.

About this award

The Town of Adams, MA received a $4.135 million project grant award from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance (EAA) program on April 28, 2022. The funding will support water infrastructure improvements to develop the Greylock Glen Resort in Berkshire County, which will significantly expand tourism and outdoor recreational opportunities in the region. The county relies heavily on arts/entertainment/recreation and accommodation/food services sectors that were hard hit by the COVID-19 pandemic. The project aims to drive business back to the hospitality/tourism community and reestablish tourism as the number one economic driver. Once complete, the resort is expected to assist the region's recovery and increase economic resiliency to fluctuations in tourism, thereby helping to spur private investment and job growth throughout the area.

Description

The town has been hard HIT by the coronavirus pandemic and the development of this facility will significantly expand tourism and outdoor recreational opportunities in the area. The county relies on arts, entertainment and recreation, as well as accommodation and food services to support a strong economy in its region. The project will help drive business back to the hospitality and tourism community, to enhance economic impact and reestablish tourism as the number one economic driver in the county. Once completed, the project will assist in the region's recovery and make IT more resilient to fluctuations in tourism, which will help increase employment opportunities, spur private investment, and advance economic resiliency throughout the region.

Quick answers

Who received award 017915215?

017915215 was awarded to Town Of Adams by Economic Development Administration (Department of Commerce) on April 28, 2022.

How much is award 017915215 worth?

$4,135,000 has been obligated on 017915215: $2,894,500 in federal funding and $1,240,500 in non-federal funding.

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