This EDA investment supports the city of marion with constructing the sultana disaster museum, to attract new visitors to crittenden county, arkansas
Project Grant Awarded
- Award ID
- 087905618
- Recipient
-
City Of Marion UEI TEEVLYNB62J7
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $1,250,000
Award facts
- Assistance listing
- 11.307 Economic Adjustment Assistance
- Completion date
- Not on record
- Funding
-
- $1,000,000.00 Federal
- $250,000.00 Non-federal
- Place of performance
- Marion, AR 72364, USA
Award details come from USAspending.gov.
About this award
The Department of Commerce's Economic Development Administration (EDA) awarded a $1.25 million Project Grant to the City of Marion, Arkansas under the Economic Adjustment Assistance (EAA) program (CFDA 11.307) on July 19, 2022. The funding will support construction of the Sultana Disaster Museum in Marion to attract new visitors to Crittenden County and assist the region's economic recovery from impacts of the COVID-19 pandemic. As outlined, the museum aims to increase employment opportunities and private investment by promoting tourism and outdoor recreation industries dependent on travel, which experienced fluctuations during the health crisis. The EAA program provides technical and infrastructure assistance to regions facing adverse economic changes, as described.
Description
The economic impact of the covid-19 pandemic has been felt all throughout the eastern delta region and this 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 promote the economic resilience of regions dependent on the travel, tourism, and outdoor recreation industries.
Quick answers
Who received award 087905618?
087905618 was awarded to City Of Marion by Economic Development Administration (Department of Commerce) on July 19, 2022.
How much is award 087905618 worth?
$1,250,000 has been obligated on 087905618: $1,000,000 in federal funding and $250,000 in non-federal funding.
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