This EDA investment supports construction of a multi-use park and river access corridor with attractive natural assets and an instream recreational whitewater boating feature on 420 linear feet of the…

The Department of Commerce Economic Development Administration awarded a $4.67 million Project Grant to the City of Craig, Colorado under the Economic Adjustment Assistance program (CFDA 11.307). The funding will support construction of a multi-use park and river access corridor on 420 linear feet of the Yampa River, including an instream whitewater boating feature. The project aims to increase economic diversification and resilience in rural northwestern Colorado by providing new opportunities for outdoor recreation-based businesses in the region to boost economic development. Once completed, the project is expected to help create new jobs.

This EDA investment supports construction of a multi-use park and river access corridor with attractive natural assets and an instream recreational whitewater boating feature on 420 linear feet of the yampa river in moffat county, colorado, about 1.5 miles outside the central business district of the city of craig. The project will increase economic diversification, vitality, and resiliency in the rural northwestern region of colorado, an area economically heavily reliant on and affected by the coal economy and its recent and anticipated future downturns, by providing new opportunities for outdoor recreation-based businesses in the region. Once completed, the project will help create new job opportunities to boost economic development throughout the region.