This EDA investment supports the city of waterloo with expanding internet connectivity for the city's business corridor in black hawk, iowa
Ended Project Grant Awarded Last action
- Award ID
- 057906185
- Recipient
-
City Of Waterloo UEI RV5NN7B5V2X9
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $2,472,896
Award facts
- Assistance listing
- 11.307 Economic Adjustment Assistance
- Completion date
- Funding
-
- $1,805,214.00 Federal
- $667,682.00 Non-federal
- Place of performance
- Waterloo, IA 50703, USA
Award details come from USAspending.gov.
About this award
The City of Waterloo, Iowa received a $2.47 million Economic Adjustment Assistance Project Grant from the Department of Commerce's Economic Development Administration to expand internet connectivity in the city's business corridor. The grant will fund construction of a middle mile fiber network that will support business growth, telemedicine connectivity, and virtual educational opportunities. Once completed, the network aims to help the region recover from the COVID-19 pandemic by bolstering job creation and advancing economic resiliency. Awarded on September 2, 2022, the project is scheduled for completion by September 2, 2025. The EDA's Economic Adjustment Assistance program provides technical and infrastructure assistance to regions facing adverse economic changes to support recovery and job growth.
Description
The project will construct a middle mile fiber network, supporting business growth, telemedicine connectivity, and virtual educational opportunities. Once completed, the project will help the region with recovery efforts from the covid-19 pandemic, bolster job creation, and advance economic resiliency throughout the region.
Quick answers
Who received award 057906185?
057906185 was awarded to City Of Waterloo by Economic Development Administration (Department of Commerce) on September 2, 2022.
How much is award 057906185 worth?
$2,472,896 has been obligated on 057906185: $1,805,214 in federal funding and $667,682 in non-federal funding.
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