This $2.9 M EDA caresact investment will allow the city of farmersville to build new fiber optic broadband infrastructure to help the city respond to the covid-19 pandemic and become more resilient to…
Project Grant Awarded
- Award ID
- 087905530
- Recipient
-
City Of Farmersville UEI MMR2U5KU6476
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $3,636,014
Award facts
- Assistance listing
- 11.307 Economic Adjustment Assistance
- Completion date
- Not on record
- Funding
-
- $2,908,811.00 Federal
- $727,203.00 Non-federal
- Place of performance
- Farmersville, TX 75442, USA
Award details come from USAspending.gov.
About this award
The Economic Development Administration awarded a $3.6 million project grant to the City of Farmersville, Texas on October 14, 2021 under the Economic Adjustment Assistance program (CFDA 11.307). Funding will allow the city to build new fiber optic broadband infrastructure to deliver improved broadband speeds and reliability, helping the community respond to COVID-19 and future economic disruptions. The regional planning efforts of the North Central Texas Council of Governments facilitated this investment to strengthen broadband access and resilience in Farmersville. This project supports the goals of the EAA program to provide infrastructure assistance for regions facing adverse economic changes.
Description
This $2.9 M EDA caresact investment will allow the city of farmersville to build new fiber optic broadband infrastructure to help the city respond to the covid-19 pandemic and become more resilient to future disasters. The investment is designed to lend massive improvements in regional broadband speed while simultaneously improving the reliability and ease of access related to the delivery of broadband thereby hardening farmersville to the adverse effects of economic disruption from future disasters. This project was made possible by the regional planning efforts led by the north central texas council of governments (NCTCOG). EDA funds NCTCOG 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 087905530?
087905530 was awarded to City Of Farmersville by Economic Development Administration (Department of Commerce) on October 14, 2021.
How much is award 087905530 worth?
$3,636,014 has been obligated on 087905530: $2,908,811 in federal funding and $727,203 in non-federal funding.
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