047907779
Project Grant
Overview
Grant Description
This EDA investment supports Nesbit Water Association, Inc. with making water system improvements to support a grocery distribution center in De Soto County, Mississippi.
The grocery distribution center will be the first of its kind, state-of-the-art facility that employs distribution and logistics technology. The project will deliver safe, dependable, potable water to the area and provide more water capacity and pressure, thus making it safer for their employees.
Once completed, the project will address health and safety needs in the region, which will help stabilize and increase the working population and boost resiliency of the local economy.
The grocery distribution center will be the first of its kind, state-of-the-art facility that employs distribution and logistics technology. The project will deliver safe, dependable, potable water to the area and provide more water capacity and pressure, thus making it safer for their employees.
Once completed, the project will address health and safety needs in the region, which will help stabilize and increase the working population and boost resiliency of the local economy.
Awardee
Grant Program (CFDA)
Awarding / Funding Agency
Place of Performance
Nesbit,
Mississippi
38651-9352
United States
Geographic Scope
Single Zip Code
Related Opportunity
None
Analysis Notes
COVID-19 $4,182,943 (100%) percent of this Project Grant was funded by COVID-19 emergency acts including the American Rescue Plan Act of 2021.
Nesbit Water Association was awarded
Water System Improvements Grocery Distribution Center in De Soto County MS
Project Grant 047907779
worth $4,182,943
from Economic Development Administration in August 2022 with work to be completed primarily in Nesbit Mississippi United States.
The grant
has a duration of 3 years 4 months and
was awarded through assistance program 11.307 Economic Adjustment Assistance.
$1,817,057 (30.0%) of this Project Grant was funded by non-federal sources.
Status
(Complete)
Last Modified 9/19/22
Period of Performance
8/16/22
Start Date
12/16/25
End Date
Funding Split
$4.2M
Federal Obligation
$1.8M
Non-Federal Obligation
$6.0M
Total Obligated
Activity Timeline
Additional Detail
Award ID FAIN
047907779
SAI Number
None
Award ID URI
SAI NOT AVAILABLE
Awardee Classifications
Nonprofit With 501(c)(3) IRS Status (Other Than An Institution Of Higher Education)
Awarding Office
1331K5 DEPT OF COMMERCE EDA
Funding Office
1331K5 DEPT OF COMMERCE EDA
Awardee UEI
L9UCJD16KKJ4
Awardee CAGE
8PQS5
Performance District
01
Senators
Roger Wicker
Cindy Hyde-Smith
Cindy Hyde-Smith
Representative
Trent Kelly
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) | $4,182,943 | 100% |
Modified: 9/19/22