This EDA public works and economic development facilities award will help the kaskaskia regional port district (KRPD) construct a second laydown space at their KRPD 2 terminal

Active Project Grant Awarded Last action

Award ID
ED23CHI0G0090
Recipient
Awarding agency
Obligated
$2,894,550

Award facts

Assistance listing
11.300 Investments for Public Works and Economic Development Facilities
Completion date 93% complete
Funding
  • $1,688,625.00 Federal
  • $1,205,925.00 Non-federal
Place of performance
Red Bud, IL, USA

Award details come from USAspending.gov.

Description

As the agency reported it.

The expected december 2025 closure of the nearby baldwin coal plant will result in job losses and impair the regional economy?S performance for years to come. KRPD is a source of regional economic growth, and freight transportation is a key industry cluster. The new EDA-funded access road and two laydown yards will ease congestion at the fast-growing port, which was ranked as the 12TH largest inland port in the country with more than 2 million tons of grain handled each year. The project is expected to create 50 new jobs and generate $20 million in private investment.

Quick answers

Who received award ED23CHI0G0090?

ED23CHI0G0090 was awarded to Kaskaskia Regional Port District by Economic Development Administration (Department of Commerce) on September 30, 2023.

How much is award ED23CHI0G0090 worth?

$2,894,550 has been obligated on ED23CHI0G0090: $1,688,625 in federal funding and $1,205,925 in non-federal funding.

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