This EDA investment supports the construction of a new shellfish aquaculture facility in carteret county, north carolina
Active Project Grant Awarded
- Award ID
- 40107877
- Recipient
-
North Carolina Coastal Federation, Inc. UEI DEEKQ6L3VTD7
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $917,500
Award facts
- Assistance listing
- 11.300 Investments for Public Works and Economic Development Facilities
- Completion date 89% complete
- Funding
-
- $734,000.00 Federal
- $183,500.00 Non-federal
- Place of performance
- Newport, NC 28570, USA
Award details come from USAspending.gov.
About this award
This Economic Development Administration (EDA) Project Grant award under the Investments for Public Works and Economic Development Facilities program (CFDA 11.300) provides $917,500 to support the construction of a new shellfish aquaculture facility in Carteret County, North Carolina. The project will provide logistical support to local shellfish farmers who have been adversely impacted by recent presidentially-declared disasters, including hurricanes and the COVID-19 pandemic. Once completed, the facility is expected to support the growth of existing businesses, bolster job creation, and advance economic resilience throughout the region. The non-profit organization North Carolina Coastal Federation, Inc. (NCCF) is the award recipient and will execute the project, which has an expected completion date of March 28, 2027.
Description
The project will provide logistical support to shellfish farmers who have been adversely affected by presidentially-declared disasters, including recent hurricanes and the coronavirus pandemic. Once completed, the project will support the growth of existing businesses, bolster job creation, and advance economic resiliency throughout the region.
Quick answers
Who received award 40107877?
40107877 was awarded to North Carolina Coastal Federation, Inc. by Economic Development Administration (Department of Commerce) on September 28, 2023.
How much is award 40107877 worth?
$917,500 has been obligated on 40107877: $734,000 in federal funding and $183,500 in non-federal funding.
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