047907762
Project Grant
Overview
Grant Description
This EDA investment supports the City of Hazard with construction of a new water treatment plant and ancillary infrastructure, to support industrial expansion in the Coal Fields Regional Industrial Park and other local business needs in Perry County, Kentucky. Perry County suffered tremendously from the decline in the coal industry in 2010.
For decades, the region has depended on the production of coal and coal related industries. Many coal companies have either closed their operations or had major layoffs and the rippling effect has resulted in supply chains also closing permanently or drastically reducing their workforce.
Once completed, the project will help the region address the significant loss of jobs caused by the decline in the coal industry and the coronavirus pandemic by enhancing job creation and retention in an area, which will advance economic resiliency throughout the region.
For decades, the region has depended on the production of coal and coal related industries. Many coal companies have either closed their operations or had major layoffs and the rippling effect has resulted in supply chains also closing permanently or drastically reducing their workforce.
Once completed, the project will help the region address the significant loss of jobs caused by the decline in the coal industry and the coronavirus pandemic by enhancing job creation and retention in an area, which will advance economic resiliency throughout the region.
Awardee
Grant Program (CFDA)
Awarding / Funding Agency
Place of Performance
Hazard,
Kentucky
41702-0420
United States
Geographic Scope
Single Zip Code
Related Opportunity
None
City Of Hazard was awarded
Water Treatment Plant for Hazard, KY: Industrial Expansion Support
Project Grant 047907762
worth $5,000,000
from Economic Development Administration in May 2022 with work to be completed primarily in Hazard Kentucky United States.
The grant
has a duration of 3 years 10 months and
was awarded through assistance program 11.307 Economic Adjustment Assistance.
$1,815,000 (27.0%) of this Project Grant was funded by non-federal sources.
Status
(Ongoing)
Last Modified 6/28/22
Period of Performance
5/24/22
Start Date
3/24/26
End Date
Funding Split
$5.0M
Federal Obligation
$1.8M
Non-Federal Obligation
$6.8M
Total Obligated
Activity Timeline
Additional Detail
Award ID FAIN
047907762
SAI Number
None
Award ID URI
SAI NOT AVAILABLE
Awardee Classifications
City Or Township Government
Awarding Office
1331K5 DEPT OF COMMERCE EDA
Funding Office
1331K5 DEPT OF COMMERCE EDA
Awardee UEI
K2NGNCSEF8H2
Awardee CAGE
6GF12
Performance District
05
Senators
Mitch McConnell
Rand Paul
Rand Paul
Representative
Harold Rogers
Modified: 6/28/22