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040107780

Project Grant

Overview

Grant Description
This EDA investment supports Panola County with renovating a former outlet mall building for use as a workforce training center that will serve North Mississippi. The project will help establish The Concourse, a vocational and technical training facility that will work to meet local employers' existing and future workforce needs.

Once completed, the project will help generate an environment that can serve as a catalyst for unprecedented regional economic growth.
Awardee
Panola County Board Of Supervisors
Grant Program (CFDA)
11.300 - Investments for Public Works and Economic Development Facilities
Awarding / Funding Agency
Economic Development Administration (EDA) [DOC]
Place of Performance
Batesville, Mississippi 38606-2220 United States
Geographic Scope
Single Zip Code
Related Opportunity
None
Panola County Board Of Supervisors was awarded EDA Investment: Renovating Outlet Mall Workforce Training in Panola County Project Grant 040107780 worth $3,950,000 from Economic Development Administration in September 2022 with work to be completed primarily in Batesville Mississippi United States. The grant has a duration of 3 years 6 months and was awarded through assistance program 11.300 Investments for Public Works and Economic Development Facilities. $2,010,486 (34.0%) of this Project Grant was funded by non-federal sources.

Status
(Complete)

Last Modified 10/25/22

Period of Performance
9/13/22
Start Date
3/13/26
End Date
100% Complete

Funding Split
$4.0M
Federal Obligation
$2.0M
Non-Federal Obligation
$6.0M
Total Obligated
66.0% Federal Funding
34.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to 040107780

Additional Detail

Award ID FAIN
040107780
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
SE76KQ915NJ5
Awardee CAGE
5FG53
Performance District
02
Senators
Roger Wicker
Cindy Hyde-Smith
Representative
Bennie Thompson

Budget Funding

Federal Account Budget Subfunction Object Class Total Percentage
Economic Development Assistance Programs, Economic Development Administration, Commerce (013-2050) Area and regional development Grants, subsidies, and contributions (41.0) $3,950,000 100%
Modified: 10/25/22