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 U.S. Department of Commerce Economic Development Administration (EDA) awarded the City of Osceola, Arkansas $3.75 million under the Economic Adjustment Assistance (EAA) program on September 29, 2021. The funding will support water and wastewater infrastructure improvements to accommodate increased capacity needs due to business expansion in the local steel industry and impacts from the COVID-19 pandemic. Specifically, the EDA investment will assist Osceola in making upgrades to allow for...
The $1.46 million Economic Development Administration (EDA) Project Grant will fund the City of Crossett, Arkansas' East Crossett Sewer Improvement Project. The EDA investment, made under the Investments for Public Works and Economic Development Facilities program (CFDA 11.300), is calculated to create 220 jobs, retain 40 positions, and leverage $603 million in private investment. The project supports Crossett's industrial park located in an Opportunity Zone and will help the community recover...
This $2,470,667 project grant from the Department of Commerce Economic Development Administration supports the City of Cabot, Arkansas in constructing water, sewer, and road infrastructure to enable development of the Unity Health Hospital facility in Lonoke County. Funded through EDA's Economic Adjustment Assistance program, the infrastructure investment aims to address the region's critical healthcare needs by facilitating good-paying job growth in the healthcare industry. Made on May 10,...
This $326,950 Project Grant awarded by the Economic Development Administration (EDA) under the Economic Adjustment Assistance (CFDA 11.307) program supports infrastructure improvements to Lawrence County Road 210 in Arkansas. The project aims to elevate the roadway, widen culverts, and pave the surface to mitigate flooding and increase resilience to severe weather events. These improvements will help maintain continuity of business operations, support new business attraction, increase private...
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...
The Economic Development Administration awarded a $2.5 million Project Grant to Little River County, Arkansas on September 16, 2021 under the Economic Adjustment Assistance program (CFDA 11.307). The funding will support the construction of fiber optic cable lines to expand broadband infrastructure in rural communities impacted by the COVID-19 pandemic. Once completed, the county will partner with service providers to improve regional access to high-speed internet services. This is expected to...
The City of Springfield, Missouri received a $3.07 million project grant award from the Department of Commerce's Economic Development Administration (EDA) under the Economic Adjustment Assistance (CFDA 11.307) federal grant program on August 23, 2022. The funding will support infrastructure improvements along Le Compte Avenue and Division Street to reconstruct and widen the roads as well as make turning lane additions. These upgrades will enhance truck traffic capacity and serve key logistical...
The Arkansas Economic Development Commission will receive $1 million through the Economic Development Administration's Statewide Planning Program under the American Rescue Plan Act of 2021 to develop a comprehensive statewide economic development plan. Funded by the Department of Commerce's Economic Adjustment Assistance program (CFDA #11.307), this EDA Project Grant will support planning efforts from January 2022 to June 2024 to strengthen Arkansas's economy, address climate challenges, and aid...
The City of Mena, Arkansas was awarded a $347,900 project grant from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance program. The grant will support the construction of approximately six miles of new mountain biking trails that will expand Mena's existing network of mountain bike trails in Polk and Montgomery Counties. The new trails are intended to help grow existing businesses as part of an overall community plan, including establishing a...