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067906445

Project Grant

Overview

Grant Description
This EDA investment supports the Capital Region Airport Authority implementing the Industrial Expansion Project at the airport, creating new business opportunities in a region impacted by the declining use of coal. The project work includes making water, sewer, and utility infrastructure upgrades needed to spur economic growth at the airport. These upgrades will create job opportunities, save jobs, attract private investment, and advance economic resiliency to strengthen the local economy.
Awardee
Capital Region Airport Authority
Grant Program (CFDA)
11.307 - Economic Adjustment Assistance
Awarding / Funding Agency
Economic Development Administration (EDA) [DOC]
Place of Performance
Lansing, Michigan 48906-2170 United States
Geographic Scope
Single Zip Code
Related Opportunity
None
Analysis Notes
COVID-19 $3,578,642 (100%) percent of this Project Grant was funded by COVID-19 emergency acts including the American Rescue Plan Act of 2021.
Capital Region Airport Authority was awarded Airport Industrial Expansion Project: Boosting Economic Resilience Project Grant 067906445 worth $3,578,642 from Economic Development Administration in September 2022 with work to be completed primarily in Lansing Michigan United States. The grant has a duration of 3 years 4 months and was awarded through assistance program 11.307 Economic Adjustment Assistance. $894,661 (20.0%) of this Project Grant was funded by non-federal sources.

Status
(Ongoing)

Last Modified 10/25/22

Period of Performance
9/5/22
Start Date
1/5/26
End Date
93.0% Complete

Funding Split
$3.6M
Federal Obligation
$894.7K
Non-Federal Obligation
$4.5M
Total Obligated
80.0% Federal Funding
20.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to 067906445

Additional Detail

Award ID FAIN
067906445
SAI Number
None
Award ID URI
SAI NOT AVAILABLE
Awardee Classifications
Special District Government
Awarding Office
1331K5 DEPT OF COMMERCE EDA
Funding Office
1331K5 DEPT OF COMMERCE EDA
Awardee UEI
WEPKT1FM5ZE6
Awardee CAGE
4K6H0
Performance District
04
Senators
Debbie Stabenow
Gary Peters
Representative
Bill Huizenga

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) $3,578,642 100%
Modified: 10/25/22