The EDA investment will construct public infrastructure in story city, iowa?S I-35 business park

Active Project Grant Awarded Last action

Award ID
ED24DEN0G0464
Recipient
Awarding agency
Obligated
$1,171,744

Award facts

Assistance listing
11.300 Investments for Public Works and Economic Development Facilities
Completion date 47% complete
Funding
  • $681,130.00 Federal
  • $490,614.00 Non-federal
Place of performance
Story City, IA 50248, USA

Award details come from USAspending.gov.

Description

Improvements include extending rich olive street and accompanying sanitary sewer, storm sewer and water components. This allows a local manufacturer to expand and create 35 new jobs and $6 million in private investment. IT also creates opportunities for additional business development and expansions resulting in a more sustainable, resilient, and economically viable community. This project was made possible by the regional planning efforts led by mid-iowa planning alliance (MIPA). EDA funded the completion of MIPA?S comprehensive economic development strategy 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 ED24DEN0G0464?

ED24DEN0G0464 was awarded to City Of Story City by Economic Development Administration (Department of Commerce) on September 16, 2024.

How much is award ED24DEN0G0464 worth?

$1,171,744 has been obligated on ED24DEN0G0464: $681,130 in federal funding and $490,614 in non-federal funding.

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