This EDA investment supports the city of fort smith with constructing roadway infrastructure to support growth at stephens industrial park and the surrounding area in sebastian county, arkansas
Project Grant Awarded
- Award ID
- 087905627
- Recipient
-
City Of Fort Smith UEI NHE2CYHL3QW7 Part of City Of Fort Smith
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $2,075,878
Award facts
- Assistance listing
- 11.307 Economic Adjustment Assistance
- Completion date
- Not on record
- Funding
-
- $1,660,000.00 Federal
- $415,878.00 Non-federal
- Place of performance
- Bonanza, AR 72916, USA
Award details come from USAspending.gov.
About this award
The Economic Development Administration (EDA) awarded the City of Fort Smith, Arkansas a $2,075,878 project grant under the Economic Adjustment Assistance (EAA) program on July 19, 2022. The grant funding will support the construction of roadway infrastructure to serve Stephens Industrial Park and surrounding areas in Sebastian County. Specifically, the project will provide needed access for manufacturing businesses to develop and grow at the industrial park, creating new job opportunities in the region. By completing the road construction, the project aims to foster private capital investment and partnerships to boost economic resiliency throughout the area. The EAA program assists regions facing adverse economic changes by supporting various types of technical, planning, public works, and infrastructure assistance projects.
Description
The project will provide the access needed for manufacturing businesses to develop and grow, creating new job opportunities in the area. Once completed, the project will foster new private capital investment and partnerships, to boost economic resiliency throughout the region.
Quick answers
Who received award 087905627?
087905627 was awarded to City Of Fort Smith by Economic Development Administration (Department of Commerce) on July 19, 2022.
How much is award 087905627 worth?
$2,075,878 has been obligated on 087905627: $1,660,000 in federal funding and $415,878 in non-federal funding.
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