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All Federal Grant Awards
Project Grant 057906004
Award Date
7/15/20
Completion Date
6/30/22
Dollars Obligated
$499K
Overview
Activity
2
Transactions
2
Subawards
Similar Awards
Federal Agency
Economic Development Administration
Awardee
Mid Iowa Development Association Council Of Governments (PFJDVZAFPQM3)
Federal Grant Program
11.307
Assistance Type
Project Grant
Place of Performance
Fort Dodge, IA 50501, USA
Update #1
Update #2
CARES ACT RLF
Posted 7/15/20
5
1
Mod #
Description
ReasonForModification
Federal Obligation
Date
Not listed
THIS EDA INVESTMENT CAPITALIZES A $500,000 REVOLVING LOAN FUND (RLF) TO LEND TO BORROWERS IN THE FOLLOWING GEOGRAPHIC REGION: CALHOUN, HAMILTON, HUMBOLDT, POCAHONTAS, WEBSTER, AND WRIGHT COUNTIES IN IOWA. THIS EDA INVESTMENT ALSO PROVIDES $50,000 TO DEFRAY THE COST OF ADMINISTERING THE RLF. THE EDA INVESTMENT WILL ALLEVIATE SUDDEN AND SEVERE ECONOMIC DISLOCATION CAUSED BY THE CORONAVIRUS (COVID-19) PANDEMIC, PROVIDE PERMANENT RESOURCES TO SUPPORT ECONOMIC RESILIENCY, AND FURTHER THE LONG-TERM ECONOMIC ADJUSTMENT OBJECTIVES OF THE REGION SERVED BY THIS EDA INVESTMENT.
($51k)
8/10/22
Not listed
CARES ACT RLF
$550.0k
7/15/20