This EDA investment supports the town of hayden with improving the roadway network, sanitary sewer collection system, and water distribution system in the newly designated northern colorado business…

Project Grant Awarded

Award ID
057906220
Recipient
Awarding agency
Obligated
$5,862,892

Award facts

Assistance listing
11.307 Economic Adjustment Assistance
Completion date
Not on record
Funding
  • $5,150,551.00 Federal
  • $712,341.00 Non-federal
Place of performance
Hayden, CO 81639, USA

Award details come from USAspending.gov.

About this award

The Department of Commerce Economic Development Administration awarded the Town of Hayden, Colorado a $5.86 million Project Grant under the Economic Adjustment Assistance program on August 9, 2022. The funding will support infrastructure improvements in Hayden's newly designated Northern Colorado Business District adjacent to the Yampa Valley Regional Airport. Specifically, the grant will help improve the roadway network, sanitary sewer collection system, and water distribution system to support business retention, expansion, and attraction in the region. The infrastructure upgrades will also help establish an entrepreneurial ecosystem to drive innovation and contribute to the region's economic recovery from impacts of the COVID-19 pandemic and coal industry decline. Once completed, the public works project aims to bolster job creation, spur private investment, and strengthen long-term economic growth and resiliency in Hayden, Colorado.

Description

This EDA investment supports the town of hayden with improving the roadway network, sanitary sewer collection system, and water distribution system in the newly designated northern colorado business district adjacent to the yampa valley regional airport, to support business retention, expansion, and attraction for the region, contributing to creation of an entrepreneurial ecosystem that can drive innovation for a sustainable future. Once completed, the project will help the region with recovery efforts from the covid-19 pandemic, bolster job creation, spur private investment, strengthen economic growth, and advance economic resiliency to an area that has been impacted by the decline in the coal industry.

Quick answers

Who received award 057906220?

057906220 was awarded to Hayden Town Of by Economic Development Administration (Department of Commerce) on August 9, 2022.

How much is award 057906220 worth?

$5,862,892 has been obligated on 057906220: $5,150,551 in federal funding and $712,341 in non-federal funding.

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