Project Grant 057906220

Award Date 8/9/22
Completion Date Not listed
Dollars Obligated $5.9M
Federal Grant Program
11.307
Assistance Type
Project Grant
Place of Performance
Hayden, CO 81639, USA

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.

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