Project Grant 057906159

Award Date 7/27/22
Completion Date Not listed
Dollars Obligated $1.8M
Federal Grant Program
11.307
Assistance Type
Project Grant
Place of Performance
Monroe City, MO 63456, USA
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The Department of Commerce Economic Development Administration (EDA) awarded a $1.8 million Project Grant to the City of Monroe City, Missouri on July 27, 2022 under the Economic Adjustment Assistance (EAA) program (CFDA 11.307).

The funding will support construction of road improvements to County Line Road 502 that will provide efficient transportation access to Monroe City's industrial park and allow for expansion of up to three local businesses. The road work aims to increase economic resilience in the region by facilitating diversification and growth, including helping industries withstand disruptions like the ongoing COVID-19 pandemic. Completion of the project is expected to attract new industries, create jobs, and boost competitiveness throughout the area.

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