This EDA investment supports the city of lone grove with improving its water system by increasing the volume of fresh water produced and increasing the pressure of delivery in south central oklahoma
Project Grant Awarded
- Award ID
- 087905603
- Recipient
-
City Of Lone Grove UEI JAMPJCWLRN43
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $5,487,182
Award facts
- Assistance listing
- 11.307 Economic Adjustment Assistance
- Completion date
- Not on record
- Funding
-
- $2,400,000.00 Federal
- $3,087,182.00 Non-federal
- Place of performance
- Lone Grove, OK 73443, USA
Award details come from USAspending.gov.
About this award
This $5.5 million Project Grant from the Department of Commerce Economic Development Administration's Economic Adjustment Assistance program supports infrastructure improvements to the City of Lone Grove, Oklahoma's water system. The funding will increase the volume and pressure of fresh water production and delivery in south central Oklahoma. The current water system was at capacity, stifling new economic and residential development in Lone Grove. A moratorium had prevented existing businesses from expanding and new businesses from developing. Once completed, the upgraded water infrastructure will boost emerging business opportunities and further economic diversification in the region by allowing the City and Chickasaw Nation to grow economically. The sole sub-awardee, the City of Lone Grove, will implement the water system improvements using the Jun 14, 2022 awarded funds.
Description
The current system was at capacity and this project will allow the city, as well as the chickasaw nation, to grow economically. The city has been under a moratorium, which has stifled any new development in lone grove, both commercially and residentially. This situation has prevented existing businesses in the area from expanding and has kept new business from being able to develop. Once completed, the project will help boost emerging business opportunities in the area to advance economic resiliency and further economic diversification throughout the region.
Quick answers
Who received award 087905603?
087905603 was awarded to City Of Lone Grove by Economic Development Administration (Department of Commerce) on June 14, 2022.
How much is award 087905603 worth?
$5,487,182 has been obligated on 087905603: $2,400,000 in federal funding and $3,087,182 in non-federal funding.
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