This EDA investment supports the development of the steward and caron roads industrial corridor strategic plan to help the blackhawk hills resource conservation and development council better…

Project Grant Awarded

Award ID
066906460
Recipient
Awarding agency
Obligated
$250,000

Award facts

Assistance listing
11.307 Economic Adjustment Assistance
Completion date
Not on record
Funding
  • $125,000.00 Federal
  • $125,000.00 Non-federal
Place of performance
Rochelle, IL 61068, USA

Award details come from USAspending.gov.

About this award

The Economic Development Administration awarded a $250,000 Project Grant to the Blackhawk Hills Resource Conservation & Development Council on December 19, 2022 under the Economic Adjustment Assistance program (CFDA 11.307). The funding will support development of an industrial corridor strategic plan for the Steward and Caron Roads corridor linking Rochelle to Seward, Illinois. The plan will inventory existing conditions, conduct a market analysis, and develop future plans and site designs to maximize the corridor's potential as a regional industrial and manufacturing center. The strategy aims to help local leaders capitalize on this important economic asset and stabilize the regional economy, as redevelopment and new activity drive job creation despite past closures and layoffs among corridor firms.

Description

This EDA investment supports the development of the steward and caron roads industrial corridor strategic plan to help the blackhawk hills resource conservation and development council better understand the potential for industrial job growth along a critical corridor from the city of rochelle to the village of seward in illinois. Despite several closures and layoffs among industrial firms located along the corridor, redevelopment is underway, and new economic activity is driving regional job creation. The study will ensure that well-considered development helps maximize the corridor's potential as a regional industrial and manufacturing center. Once completed, the strategy will include an inventory of existing conditions, a market analysis, future-state planning, and a corridor site plan to help local leaders fully-utilize this important economic asset, which will help stabilize the regional economy.

Quick answers

Who received award 066906460?

066906460 was awarded to Blackhawk Hills Resource Conservation & Development by Economic Development Administration (Department of Commerce) on December 19, 2022.

How much is award 066906460 worth?

$250,000 has been obligated on 066906460: $125,000 in federal funding and $125,000 in non-federal funding.

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