The EDA investment in watertown, south dakota, creates public infrastructure in a local industrial park to support current and future development in the community

Active Project Grant Awarded Last action

Award ID
ED25DEN0G0061
Recipient
Awarding agency
Obligated
$3,424,600

Award facts

Assistance listing
11.307 Economic Adjustment Assistance
Completion date 40% complete
Funding
  • $2,529,789.00 Federal
  • $894,811.00 Non-federal
Place of performance
Watertown, SD 57201, USA

Award details come from USAspending.gov.

Description

As the agency reported it.

The project will result in the construction of sanitary sewer and lift station improvements to support the immediate opportunity for 30 new jobs and $10 million in private investment. This project will also be catalytic to future job-creating development and resilience in a region affected by the $1 billion derecho disaster in may of 2022. This project is made possible by the regional planning efforts led by first district association of local governments (fdalg). EDA funds fdalg to bring together the public and private sectors to create and maintain their comprehensive economic development strategy as a roadmap to strengthen the regional economy, support private capital investment and create jobs.

Quick answers

Who received award ED25DEN0G0061?

ED25DEN0G0061 was awarded to City Of Watertown by Economic Development Administration (Department of Commerce) on January 7, 2025.

How much is award ED25DEN0G0061 worth?

$3,424,600 has been obligated on ED25DEN0G0061: $2,529,789 in federal funding and $894,811 in non-federal funding.

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