This EDA investment supports the city of guadalupe with improving local tourism infrastructure and amenities in santa barbara county, california
Active Project Grant Awarded Last action
- Award ID
- 077907848
- Recipient
-
City Of Guadalupe UEI FH7SDGLEAH51
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $5,151,500
Award facts
- Assistance listing
- 11.307 Economic Adjustment Assistance
- Completion date 87% complete
- Funding
-
- $4,889,121.00 Federal
- $262,379.00 Non-federal
- Place of performance
- Guadalupe, CA, USA
Award details come from USAspending.gov.
About this award
The City of Guadalupe, California received a $5.15 million project grant from the Department of Commerce's Economic Adjustment Assistance program to renovate the historic Royal Theater building and develop it into a centrally located visitor attraction. The EDA investment will support improving local tourism infrastructure and amenities in Santa Barbara County by facilitating the remodeling of the Royal Theater into a community asset that stimulates commercial activity. Once completed by May 2027, the renovated Royal Theater is expected to assist the region's economic recovery from fluctuations in tourism by increasing employment opportunities, spurring private investment, and advancing regional resiliency through attracting more visitors.
Description
The project will facilitate the renovation and remodeling of the historic royal theater building, developing IT into a centrally located visitor attraction to stimulate local commercial activity. Once completed, the project will assist in the region's recovery and make IT more resilient to fluctuations in tourism, which will help increase employment opportunities, spur private investment, and advance economic resiliency throughout the region.
Quick answers
Who received award 077907848?
077907848 was awarded to City Of Guadalupe by Economic Development Administration (Department of Commerce) on September 8, 2022.
How much is award 077907848 worth?
$5,151,500 has been obligated on 077907848: $4,889,121 in federal funding and $262,379 in non-federal funding.
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