EDA awards over $33 million in grants for economic development projects in Alabama in 2022

EDA awards over $33 million in grants for economic development projects in Alabama in 2022

Economics
Webp jen wernereee
Jen Werner, Chief Financial Officer/Chief Administrative Officer at EDA | https://www.eda.gov/about/leadership/jen-werner

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In 2022, the Economic Development Administration (EDA) issued 15 grants totaling $33,450,820 to fund economic development projects in Alabama.

This represents a 4.9% increase over 2021, when the state received $31,892,513 in funding.

Alabama ranked 41st across the U.S. in total EDA grant funding for 2022. California topped the list with $238,656,132 in funding across 57 grants.

City of Birmingham received the largest EDA grant for funding an economic development project in the state, totalling $10,764,981.

EDA Grant Recipients in Alabama in 2022
Grantee NameTotal Funding
City of Birmingham$10,764,981
Alabama Department Economic & Comm Affairs$3,689,493
Opportunity Alabama, Inc.$3,000,000
Stillman College$2,723,867
City of Fairhope$2,500,000
Colbert County Tourism and Convention Bureau$1,716,000
City of Sheffield$1,680,500
City of Florence$1,672,895
City of Daphne$1,650,000
City of Oxford$1,524,284
Alabama Department of Economic and Community Affairs$1,000,000
Water Works & Sewer Board of the City of Gadsden$700,000
University Of Alabama$500,000
University of Alabama at Birmingham$219,182
Auburn University$109,618

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