Project Grant CLSS00000076059

Award Date 4/26/23
Completion Date 4/26/25
Dollars Obligated $300K
Federal Grant Program
10.854
Assistance Type
Project Grant
Place of Performance
Iowa, USA
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The Department of Agriculture awarded Southern Iowa Electric Cooperative, Inc. a $300,000 project grant under the Rural Economic Development Loans and Grants program (CFDA 10.854) on April 26, 2023. The two-year grant will support feasibility studies and start-up costs to spur economic growth and job creation in the awardee's rural Iowa service area through April 2025. As a not-for-profit electric cooperative, Southern Iowa Electric will leverage the funding to strengthen infrastructure and enable wider economic opportunities across its territory. Additionally, the awardee has received subawards totaling less than $100,000 from the Iowa Homeland Security and Emergency Management Department to bolster electric utility resilience through infrastructure projects.

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