040107708
Project Grant
Overview
Grant Description
This EDA investment supports the Grenada County Board of Supervisors with improving the construction of a four-lane access road into the Grenada Technology Park North in Grenada, Mississippi. The road will provide access from the north end of the park as well as expand the existing road access from the south.
The industrial road will be an estimated 2.4 miles of four lanes to support employee and truck traffic in Grenada County. In addition, the project will attract new businesses and help to generate an environment that can serve as a catalyst for unprecedented regional economic growth.
Once completed, the project will help with recovery efforts from the COVID-19 pandemic, create and retain jobs, and strengthen the regional economy.
The industrial road will be an estimated 2.4 miles of four lanes to support employee and truck traffic in Grenada County. In addition, the project will attract new businesses and help to generate an environment that can serve as a catalyst for unprecedented regional economic growth.
Once completed, the project will help with recovery efforts from the COVID-19 pandemic, create and retain jobs, and strengthen the regional economy.
Awardee
Grant Program (CFDA)
Awarding / Funding Agency
Place of Performance
Grenada,
Mississippi
38901-2627
United States
Geographic Scope
Single Zip Code
Related Opportunity
None
County Of Grenada was awarded
Grenada Tech Park North Access Road: EDA Investment
Project Grant 040107708
worth $5,353,888
from Economic Development Administration in April 2022 with work to be completed primarily in Grenada Mississippi United States.
The grant
has a duration of 3 years 7 months and
was awarded through assistance program 11.300 Investments for Public Works and Economic Development Facilities.
$2,626,537 (33.0%) of this Project Grant was funded by non-federal sources.
Status
(Ongoing)
Last Modified 5/20/22
Period of Performance
4/25/22
Start Date
11/25/25
End Date
Funding Split
$5.4M
Federal Obligation
$2.6M
Non-Federal Obligation
$8.0M
Total Obligated
Activity Timeline
Additional Detail
Award ID FAIN
040107708
SAI Number
None
Award ID URI
SAI NOT AVAILABLE
Awardee Classifications
County Government
Awarding Office
1331K5 DEPT OF COMMERCE EDA
Funding Office
1331K5 DEPT OF COMMERCE EDA
Awardee UEI
L7F4FKGG31F9
Awardee CAGE
5GFL7
Performance District
02
Senators
Roger Wicker
Cindy Hyde-Smith
Cindy Hyde-Smith
Representative
Bennie Thompson
Modified: 5/20/22