This EDA investment will support the county of oswego industrial development agency?s oswego county industrial park public infrastructure expansion project in the town of schroeppel, NY

Active Project Grant Awarded Last action

Award ID
ED24PHI0G0356
Recipient
Awarding agency
Obligated
$5,000,000

Award facts

Assistance listing
11.300 Investments for Public Works and Economic Development Facilities
Completion date 70% complete
Funding
  • $2,500,000.00 Federal
  • $2,500,000.00 Non-federal
Place of performance
Phoenix, NY 13135, USA

Award details come from USAspending.gov.

Description

As the agency reported it.

This industrial park infrastructure expansion project will accelerate the development of 185-acres intended to benefit the region?s emerging manufacturing and semiconductor industries. Construction includes new roadwork along county route 59, waterline improvements, and sanitary sewer improvements. The project will be matched with $2,500,000 in local funds and is expected to create 1,200 jobs, retain 250 jobs, and generate $265,000,000 in private investment, according to grantee estimates. This project was made possible by the regional planning efforts led by the central new york regional planning and development board. EDA funds the CNY rpdb 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 ED24PHI0G0356?

ED24PHI0G0356 was awarded to County Of Oswego Industrial Development Agency by Economic Development Administration (Department of Commerce) on September 10, 2024.

How much is award ED24PHI0G0356 worth?

$5,000,000 has been obligated on ED24PHI0G0356: $2,500,000 in federal funding and $2,500,000 in non-federal funding.

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