This EDA investment supports the city of fosston with helping to boost business growth by making infrastructure upgrades needed to expand the city's existing airport industrial park in minnesota

Ended Project Grant Awarded

Award ID
067906440
Recipient
Awarding agency
Obligated
$7,194,100

Award facts

Assistance listing
11.307 Economic Adjustment Assistance
Completion date
Funding
  • $5,755,280.00 Federal
  • $1,438,820.00 Non-federal
Place of performance
Fosston, MN 56542, USA

Award details come from USAspending.gov.

Description

As the agency reported it.

The project will provide expanded road, water, wastewater, and natural gas capacity to create eight new industrial park lots, as well as construction of a six-unit multi-use hangar at the airport to encourage new fixed-base operators to locate there. These improvements will foster new private capital investment, partnerships, and job creation, while bolstering activity for existing businesses, to boost economic resiliency throughout the region.

Quick answers

Who received award 067906440?

067906440 was awarded to City Of Fosston by Economic Development Administration (Department of Commerce) on September 13, 2022.

How much is award 067906440 worth?

$7,194,100 has been obligated on 067906440: $5,755,280 in federal funding and $1,438,820 in non-federal funding.

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