This EDA investment supports saline county with preserving and repurposing the second oldest bridge in the state of arkansas, the old river bridge, over the saline river between haskell and benton
Project Grant Awarded
- Award ID
- 087905616
- Recipient
-
County Of Saline UEI Q39MSVT94CC9
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $1,250,169
Award facts
- Assistance listing
- 11.307 Economic Adjustment Assistance
- Completion date
- Not on record
- Funding
-
- $1,000,000.00 Federal
- $250,169.00 Non-federal
- Place of performance
- Benton, AR, USA
Award details come from USAspending.gov.
About this award
The Department of Commerce Economic Development Administration (EDA) awarded a $1.25 million Project Grant to Saline County, Arkansas under the Economic Adjustment Assistance (EAA) program on July 19, 2022. The funding will support preserving and repurposing the Old River Bridge, the second oldest bridge in the state of Arkansas, located over the Saline River between Haskell and Benton. The restored bridge will be incorporated into the proposed Southwest Trail, a multi-use trail connecting Little Rock to Hot Springs intended to draw tourists to the state. The EDA investment is expected to have statewide and regional economic impacts by supporting outdoor recreation and increasing the region's resilience to fluctuations in tourism. Upon completion, the project will help advance economic resiliency and increase employment opportunities in the area.
Description
The restored bridge will be a critical link in the proposed southwest trail, a multi-use trail from little rock to hot springs. The project will have a statewide economic impact as well as regional impact by drawing tourists to the state to engage in outdoor recreation. Once completed, the project will help the region become more resilient to fluctuations in tourism and assist in the region's recovery, which will help increase employment opportunities and advance economic resiliency in the area.
Quick answers
Who received award 087905616?
087905616 was awarded to County Of Saline by Economic Development Administration (Department of Commerce) on July 19, 2022.
How much is award 087905616 worth?
$1,250,169 has been obligated on 087905616: $1,000,000 in federal funding and $250,169 in non-federal funding.
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