This EDA investment will support the reconstruction of just over four blocks of the wildwood boardwalk, from burk avenue to approximately 120 feet past hand avenue, in a region with a significant…
Active Project Grant Awarded Last action
- Award ID
- ED25PHI0G0139
- Recipient
-
City Of Wildwood UEI YWT8FR7LL818
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $7,869,802
Award facts
- Assistance listing
- 11.307 Economic Adjustment Assistance
- Completion date 20% complete
- Funding
-
- $4,000,000.00 Federal
- $3,869,802.00 Non-federal
- Place of performance
- New Jersey, USA
Award details come from USAspending.gov.
About this award
The Department of Commerce Economic Development Administration awarded $7.869 million to the City of Wildwood on January 1, 2026, under the Economic Adjustment Assistance program (CFDA 11.307) for reconstruction of approximately four blocks of the Wildwood Boardwalk between Burk Avenue and Hand Avenue in New Jersey.
The boardwalk, nearly 100 years old, sustained Hurricane Ida-related damage in 2021 and required reconstruction. The project is expected to create or retain 212 jobs and generate $8.6 million in private investment, matched with $3.8 million in local funds. Work will be performed in Wildwood, New Jersey, with ultimate completion scheduled for April 30, 2030. The award was informed by regional planning efforts led by the South Jersey Economic Development District, which EDA funds to convene public and private sectors in developing an economic development roadmap to strengthen the regional economy, support private capital investment, and create jobs.
Description
This EDA investment will support the reconstruction of just over four blocks of the wildwood boardwalk, from burk avenue to approximately 120 feet past hand avenue, in a region with a significant tourist economy. This portion of the wildwood boardwalk is nearly 100 years old and in need of reconstruction as a result of hurricane IDA-related damage in 2021. The EDA investment will be matched with $3.8 million in local funds and is expected to create or retain 212 jobs and generate $8.6 million in private investment, according to grantee estimates. This project was made possible by the regional planning efforts led by the south jersey economic development district (SJEDD). EDA funds SJEDD 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 ED25PHI0G0139?
ED25PHI0G0139 was awarded to City Of Wildwood by Economic Development Administration (Department of Commerce) on January 1, 2026.
How much is award ED25PHI0G0139 worth?
$7,869,802 has been obligated on ED25PHI0G0139: $4,000,000 in federal funding and $3,869,802 in non-federal funding.
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