Redl - electric grant

Ended Project Grant Awarded

Award ID
CLSS00000085760
Recipient
Awarding agency
Obligated
$300,000

Award facts

Assistance listing
10.854 Rural Economic Development Loans and Grants
Completion date
Place of performance
Nebraska, USA

Award details come from USAspending.gov.

About this award

The U.S. Department of Agriculture Rural Housing Service awarded a $300,000 Rural Economic Development Loans and Grants (REDLG) program Project Grant to the City of Saint Paul, Nebraska on August 22, 2024. The funding will be used to support economic development and job creation initiatives in the city's rural community over a two-year performance period ending August 22, 2026. The grant 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. As a local government entity, the City of Saint Paul will use the REDLG funding to establish a revolving loan fund and provide direct financial support to local businesses in order to stimulate economic growth and create new jobs in the underserved rural region.

Quick answers

Who received award CLSS00000085760?

CLSS00000085760 was awarded to City Of Saint Paul by Rural Business Cooperative Services (Washington Office) on August 22, 2024.

How much is award CLSS00000085760 worth?

$300,000 has been obligated on CLSS00000085760.

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