This EDA investment funds the cedar river recreational project, to construct a series of six jetties on both sides of the cedar river in cedar falls, iowa, improving the safety of a low head DAM and…
Project Grant Awarded
- Award ID
- 057906164
- Recipient
-
City Of Cedar Falls UEI EGCPJFKF3NC9
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $6,331,450
Award facts
- Assistance listing
- 11.307 Economic Adjustment Assistance
- Completion date
- Not on record
- Funding
-
- $1,500,000.00 Federal
- $4,831,450.00 Non-federal
- Place of performance
- Cedar Falls, IA, USA
Award details come from USAspending.gov.
About this award
The Economic Development Administration awarded a $6.33 million Project Grant to the City of Cedar Falls, Iowa on June 14, 2022 under the Economic Adjustment Assistance program (CFDA 11.307). The funding will support the Cedar River Recreational Project, which involves constructing six jetties on both sides of the Cedar River to improve safety at a low head dam and riverbank stabilization. The project aims to expand riverfront tourism and outdoor recreation opportunities in Cedar Falls by enhancing river access infrastructure for activities such as floating, paddling, picnicking, and angling. This is intended to support local businesses and private investment while creating jobs and economic resiliency throughout the region, consistent with the goals of the EDA's Economic Adjustment Assistance program to aid areas facing adverse economic changes.
Description
This EDA investment funds the cedar river recreational project, to construct a series of six jetties on both sides of the cedar river in cedar falls, iowa, improving the safety of a low head DAM and changing the bank stabilization. The project will help cedar falls address the local and regional need for expanded riverfront tourism by improving river access infrastructure to support in-stream users interested in floating and paddling and on-bank users interesting in picnicking, playing, and angling. The economic impact of these increased outdoor recreation and tourism activities will support local businesses and business expansion, and create jobs and private investment, which will advance economic resiliency throughout the region.
Quick answers
Who received award 057906164?
057906164 was awarded to City Of Cedar Falls by Economic Development Administration (Department of Commerce) on June 14, 2022.
How much is award 057906164 worth?
$6,331,450 has been obligated on 057906164: $1,500,000 in federal funding and $4,831,450 in non-federal funding.
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