This EDA investment supports the city of south amboy, INC
Project Grant Awarded
- Award ID
- 017915299
- Recipient
-
City Of South Amboy UEI JSHTM41Z6156
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $6,648,656
Award facts
- Assistance listing
- 11.307 Economic Adjustment Assistance
- Completion date
- Not on record
- Funding
-
- $4,986,492.00 Federal
- $1,662,164.00 Non-federal
- Place of performance
- South Amboy, NJ, USA
Award details come from USAspending.gov.
About this award
The City of South Amboy, New Jersey will receive $6.65 million from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance program to support road and sewer infrastructure improvements. The funding will enhance the viability of three underutilized waterfront industrial sites totaling 71 acres by facilitating construction of two warehouse distribution centers. It will also help enable offshore wind projects to avoid bringing high voltage power cables ashore at sensitive beach and coastal areas. The infrastructure upgrades supported by this project grant aim to attract private investment needed to promote economic sustainability, job growth, and regional recovery in the wake of the COVID-19 pandemic in South Amboy and surrounding communities.
Description
With making road and sewer infrastructure improvements to support three redevelopment projects planned for south amboy's northern waterfront industrial area in middlesex county, new jersey. The project will enhance the viability of three underutilized waterfront industrial sites, totaling 71 acres. In addition, the project will help facilitate the construction of two warehouse distribution centers and the outerbridge connector, which will enable offshore wind projects to avoid bringing high voltage power cables ashore at new jersey's beaches or other sensitive areas. Once completed, the project will attract private investment needed to recover from the covid-19 pandemic, promote economic sustainability, expand job opportunities, and promote growth throughout the region.
Quick answers
Who received award 017915299?
017915299 was awarded to City Of South Amboy by Economic Development Administration (Department of Commerce) on August 23, 2022.
How much is award 017915299 worth?
$6,648,656 has been obligated on 017915299: $4,986,492 in federal funding and $1,662,164 in non-federal funding.
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