This EDA investment supports the city of sulphur springs with making roadway improvements needed to boost business growth at the thermal industrial park in hopkins county, texas
Project Grant Awarded
- Award ID
- 087905698
- Recipient
-
City Of Sulphur Springs UEI LSG9PQKJT2N5 Part of City Of Sulphur Springs
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $2,976,960
Award facts
- Assistance listing
- 11.307 Economic Adjustment Assistance
- Completion date
- Not on record
- Funding
-
- $2,380,000.00 Federal
- $596,960.00 Non-federal
- Place of performance
- Sulphur Springs, TX 75482, USA
Award details come from USAspending.gov.
About this award
The Economic Development Administration (EDA) awarded the City of Sulphur Springs, Texas a $2,976,960 project grant under the Economic Adjustment Assistance (EAA) program on September 6, 2022. The grant funding will support roadway improvements to East Haul Road in Sulphur Springs to accommodate heavy truck traffic servicing the Thermal Industrial Park. Upgrading this roadway infrastructure is intended to boost business growth at the industrial park and help diversify the local economy in Hopkins County, which has been impacted by declines in the coal industry. Completing these roadway redevelopment projects will aid regional economic resiliency by creating jobs, attracting private investment, and advancing business opportunities throughout the area. The City of Sulphur Springs will oversee delivery of the roadway infrastructure services funded through this EDA EAA program award.
Description
The project will redevelop east haul roadway to accommodate heavy truck traffic in a region impacted by the declining use of coal. Once completed, the project will help the region diversify its local economy, create jobs, attract private investment, and advance economic resiliency throughout the region.
Quick answers
Who received award 087905698?
087905698 was awarded to City Of Sulphur Springs by Economic Development Administration (Department of Commerce) on September 6, 2022.
How much is award 087905698 worth?
$2,976,960 has been obligated on 087905698: $2,380,000 in federal funding and $596,960 in non-federal funding.
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