This EDA investment will result in water and sewer main extensions to spur future economic development and growth in flooding-impacted yellowstone county, montana

Active Project Grant Awarded Last action

Award ID
ED24DEN0G0365
Recipient
Awarding agency
Obligated
$5,689,100

Award facts

Assistance listing
11.307 Economic Adjustment Assistance
Completion date 47% complete
Funding
  • $4,551,280.00 Federal
  • $1,137,820.00 Non-federal
Place of performance
Billings, MT, USA

Award details come from USAspending.gov.

Description

As the agency reported it.

Yellowstone county and lockwood water and sewer district are addressing the local and regional need for critical infrastructure by extending existing water and wastewater lines from the unincorporated community of lockwood into the recently established lockwood targeted economic development district, a few miles northeast of billings, montana. The economic impact will encourage business development while increasing disaster resiliency through the extension of water and sewer services to an area that relies on private wells and septic systems along the yellowstone river. This project will be transformative to the county?s ability to attract employers to the area. This project was made possible by the regional planning efforts led by the beartooth resource conservation and development. EDA funds beartooth resource conservation and development to bring together the public and private sectors to create an economic development roadmap to strengthen the regional economy, support private capital investment and create jobs.

Quick answers

Who received award ED24DEN0G0365?

ED24DEN0G0365 was awarded to Yellowstone County by Economic Development Administration (Department of Commerce) on September 10, 2024.

How much is award ED24DEN0G0365 worth?

$5,689,100 has been obligated on ED24DEN0G0365: $4,551,280 in federal funding and $1,137,820 in non-federal funding.

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