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067906446

Project Grant

Overview

Grant Description
This EDA investment supports the Illinois Valley Community College (IVCC) with constructing a new agriculture education facility in Oglesby, Illinois. The project will allow IVCC to train and upskill agriculture workers, aid in the development of new technology, and develop sustainable practices in a region impacted by the closure of a nuclear energy facility.

Once completed, the project will help provide employment opportunities, spur private investment, and strengthen the regional economy.
Place of Performance
Oglesby, Illinois 61348-9692 United States
Geographic Scope
Single Zip Code
Related Opportunity
None
Illinois Valley Community College was awarded Enhancing Agricultural Education Sustainability in Oglesby Illinois Project Grant 067906446 worth $3,500,000 from Economic Development Administration in September 2022 with work to be completed primarily in Oglesby Illinois United States. The grant has a duration of 2 years 10 months and was awarded through assistance program 11.307 Economic Adjustment Assistance. $1,112,084 (24.0%) of this Project Grant was funded by non-federal sources.

Status
(Complete)

Last Modified 10/25/22

Period of Performance
9/7/22
Start Date
7/7/25
End Date
100% Complete

Funding Split
$3.5M
Federal Obligation
$1.1M
Non-Federal Obligation
$4.6M
Total Obligated
76.0% Federal Funding
24.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to 067906446

Additional Detail

Award ID FAIN
067906446
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
VALCEME6XJK6
Awardee CAGE
3WQN1
Performance District
16
Senators
Richard Durbin
Tammy Duckworth
Representative
Darin LaHood

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) $3,500,000 100%
Modified: 10/25/22