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
-
City Of Story City UEI LGZCM6JKJA84
- Awarding agency
-
Economic Development Administration
Department of Commerce
- 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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