Redl - electric grant
Ended Project Grant Awarded
- Award ID
- CLSS00000085480
- Recipient
-
Agralite Electric Cooperative UEI NKK7GLUNQ854
- Awarding agency
-
Rural Business Cooperative Services
Washington Office, Department of Agriculture
- Obligated
- $300,000
Award facts
- Assistance listing
- 10.854 Rural Economic Development Loans and Grants
- Completion date
- Place of performance
- Minnesota, USA
Award details come from USAspending.gov.
About this award
The U.S. Department of Agriculture (USDA) Rural Housing Service awarded a $300,000 Rural Economic Development Loans and Grants (REDLG) program project grant to Agralite Electric Cooperative in Minnesota. The grant, with a performance period from August 1, 2024 to August 1, 2026, will support economic development and job creation initiatives in rural communities served by the electric cooperative. Funding can be used for project feasibility studies, start-up costs, business incubator projects, and other reasonable expenses designed to foster rural development and employment opportunities. The REDLG program provides targeted financial assistance to local utility organizations, such as rural electric cooperatives and municipal utilities, to stimulate economic growth in underserved rural regions across the United States.
Quick answers
Who received award CLSS00000085480?
CLSS00000085480 was awarded to Agralite Electric Cooperative by Rural Business Cooperative Services (Washington Office) on August 1, 2024.
How much is award CLSS00000085480 worth?
$300,000 has been obligated on CLSS00000085480.
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