Project Grant CLSS00000072810

Award Date 5/24/22
Completion Date 5/24/24
Dollars Obligated $600K
Federal Grant Program
10.854
Assistance Type
Project Grant
Place of Performance
Missouri, USA
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This Project Grant award of $208,000.00 from the U.S. Department of Agriculture (USDA) Rural Housing Service was provided to Macon Electric Cooperative, an electric utility serving rural communities in Missouri. The funding is part of the USDA's Rural Economic Development Loans and Grants program (CFDA 10.854), which supports rural economic development and job creation initiatives. Specifically, the grant will fund Macon Electric Cooperative's efforts to conduct feasibility studies, cover...
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The Macon Electric Cooperative was awarded a $600,000 Project Grant from the United States Department of Agriculture Rural Housing Service under the Rural Economic Development Loans and Grants program (CFDA 10.854). The two-year grant will support rural economic development and job creation projects in Missouri through May 2024. Specifically, funding will be used to conduct feasibility studies, cover start-up costs, and provide other reasonable expenses to foster rural development through incubator projects and similar initiatives. The Rural Economic Development Loans and Grants program aims to promote rural economic growth by financing projects that support small and emerging businesses in rural areas.

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