This EDA investment provides construction funds for the renovation of an existing, currently unutilized aircraft hanger facility at the eastern iowa airport, in cedar rapids, iowa
Ended Project Grant Awarded Last action
- Award ID
- 057906242
- Recipient
-
Kirkwood Community College Foundation UEI TC2YRNMM13L5
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $991,060
Award facts
- Assistance listing
- 11.307 Economic Adjustment Assistance
- Completion date
- Funding
-
- $792,848.00 Federal
- $198,212.00 Non-federal
- Place of performance
- Cedar Rapids, IA 52404, USA
Award details come from USAspending.gov.
About this award
The Economic Development Administration (EDA) awarded Kirkwood Community College Foundation $991,060 under the Economic Adjustment Assistance (EAA) program (CFDA 11.307) on September 2, 2022 to renovate an existing aircraft hanger facility at the Eastern Iowa Airport in Cedar Rapids, Iowa. The renovated hanger will serve as an aircraft maintenance technician (AMT) training facility for Kirkwood Community College's new AMT program. The program will address shortages in qualified AMTs resulting from instability in the aviation industry during the COVID-19 pandemic by expanding limited training capacity in the state. Graduates of existing AMT programs currently meet only about 50% of annual demand for AMTs in Iowa. In addition to supporting workforce development and economic resiliency, the project aims to increase equity in economic opportunities by offering training that can lead to upward career mobility, particularly for economically disadvantaged students who comprise approximately 30% of Kirkwood's student population. Renovations are expected to be completed by March 2, 2025.
Description
The renovated hangar will provide an ideal learning facility for kirkwood community college's new aviation maintenance technician (AMT) training program, offering adequate space for classroom instruction, a workshop to house instructional aircraft and equipment, and immediate access to the airport facilities. This project will respond to regional economic injury as a result of the coronavirus pandemic and contribute to increasing economic resiliency in the region by addressing the shortage of aircraft technicians resulting from air industry instability during the pandemic and increasing the limited training capacity in the state. Graduates of the two existing programs elsewhere in the state presently meet approximately only 50% of the annual demand for amts in the state. The project will not only support workforce diversification and economic resiliency, but also aims to increase equity in economic opportunities, offering a pathway for economically disadvantaged students to achieve upward career mobility. Approximately 30% of the students at kirkwood are considered economically disadvantaged as compared to a state community college average of 24%, and serving these students with a focus on diversity, equity, and inclusion is a key strategic goal of the AMT program and the college. As the air travel industry continues to recover, qualified AMT's will be essential for continued growth, and this project will ensure they are available to fill increasing needs. This project was made possible by the regional planning efforts led by the east central iowa council of governments (ecicog). EDA funds ecicog to bring together the public and private sectors to create an economic development roadmap to strengthen the regional economy, support private capital investment, and create jobs.
Quick answers
Who received award 057906242?
057906242 was awarded to Kirkwood Community College Foundation by Economic Development Administration (Department of Commerce) on September 2, 2022.
How much is award 057906242 worth?
$991,060 has been obligated on 057906242: $792,848 in federal funding and $198,212 in non-federal funding.
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