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060106458

Project Grant

Overview

Grant Description
This EDA investment supports Belmont College with constructing a new Construction Trades Building to house the college's HVAC and Building Preservation and Repair programs in St. Clairsville, Ohio. Once completed, the project will help the region with recovery efforts from the decline of the coal industry and the COVID-19 pandemic by diversifying the regional economy, enhancing job creation, and attracting private investment. These efforts will help strengthen and advance economic resiliency throughout the region.
Awardee
Place of Performance
Saint Clairsville, Ohio 43950-9817 United States
Geographic Scope
Single Zip Code
Related Opportunity
None
Belmont College was awarded Belmont College Construction Trades Building Economic Resilience in St. Clairsville OH Project Grant 060106458 worth $5,000,000 from Economic Development Administration in September 2022 with work to be completed primarily in Saint Clairsville Ohio United States. The grant has a duration of 2 years 10 months and was awarded through assistance program 11.300 Investments for Public Works and Economic Development Facilities. $3,145,355 (39.0%) of this Project Grant was funded by non-federal sources.

Status
(Ongoing)

Last Modified 10/25/22

Period of Performance
9/7/22
Start Date
7/7/25
End Date
67.0% Complete

Funding Split
$5.0M
Federal Obligation
$3.1M
Non-Federal Obligation
$8.1M
Total Obligated
61.0% Federal Funding
39.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to 060106458

Additional Detail

Award ID FAIN
060106458
SAI Number
None
Award ID URI
SAI NOT AVAILABLE
Awardee Classifications
Public/State Controlled Institution Of Higher Education
Awarding Office
1331K5 DEPT OF COMMERCE EDA
Funding Office
1331K5 DEPT OF COMMERCE EDA
Awardee UEI
L3JEQPLRUBK3
Awardee CAGE
1E7Y7
Performance District
06
Senators
Sherrod Brown
J.D. (James) Vance
Representative
Bill Johnson

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) $5,000,000 100%
Modified: 10/25/22