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IDA asks planning partner to pursue EDA disaster grant to ready Lots 6 and 7
Summary
The Washington County Industrial Development Authority voted to ask the Mount Rogers planning partner to pursue an Economic Development Administration FY25 disaster supplemental grant to build pad-ready Lots 6 and 7; the grant is 80/20 and a $2.23 million project would require an estimated county match of about $450,000–$500,000, subject to final bid numbers.
The Washington County Industrial Development Authority voted to ask the Mount Rogers planning partner to proceed with an application for the Economic Development Administration’s FY25 disaster supplemental program to prepare Lots 6 and 7 as pad-ready industrial sites.
Jordan Powers, the presenter identified in the packet (first mentioned by the chair), told the board the EDA program is open nationally and that Washington County is eligible because of economic effects tied to the 2024 hurricane. He said the EDA awards fund projects ranging from about $2 million to $20 million…
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