This EDA investment supports the indianapolis airport authority with constructing a new roadway to extend the airtech parkway into the town of plainfield
Project Grant Awarded
- Award ID
- 067906328
- Recipient
-
Indianapolis Airport Authority UEI KLA2ZBMMWA64
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $5,999,576
Award facts
- Assistance listing
- 11.307 Economic Adjustment Assistance
- Completion date
- Not on record
- Funding
-
- $3,830,498.00 Federal
- $2,169,078.00 Non-federal
- Place of performance
- Plainfield, IN, USA
Award details come from USAspending.gov.
About this award
The Department of Commerce Economic Development Administration awarded a $6 million Project Grant to the Indianapolis Airport Authority on November 4, 2021 under the Economic Adjustment Assistance program (CFDA 11.307). The grant will support construction of a new roadway to extend Airtech Parkway into Plainfield, Indiana. This will connect the roadway to the airport's west perimeter road to enhance the airport's regional economic impact and ease freight traffic flows. Completion of the project will help ensure business continuity and sustainable recovery for logistics activity in the region, bolstering job growth, private investment, and economic resiliency.
Description
The project will assist with recovery efforts from the covid-19 pandemic by extending the roadway to connect to the airport's west perimeter road, which will enhance the airport's economic impact to the region and ease the flow of freight traffic at the airport. Once completed, the project will ensure business continuity and sustainable recovery that supports logistics activity, which will bolster job growth and retention, spur private investment, and advance economic resiliency throughout the region.
Quick answers
Who received award 067906328?
067906328 was awarded to Indianapolis Airport Authority by Economic Development Administration (Department of Commerce) on November 4, 2021.
How much is award 067906328 worth?
$5,999,576 has been obligated on 067906328: $3,830,498 in federal funding and $2,169,078 in non-federal funding.
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