This represents a 182.5% increase over 2021, when the state received $11,434,079 in funding.
Montana ranked 42nd across the U.S. in total EDA grant funding for 2022. California topped the list with $238,656,132 in funding across 57 grants.
NACDC Financial Services, Inc. received the largest EDA grant for funding an economic development project in the state, totalling $6,524,000.
EDA Grant Recipients in Montana in 2022
| Grantee Name | Total Funding |
|---|---|
| NACDC Financial Services, Inc. | $6,524,000 |
| Plenty Doors Community Development Corporation | $6,051,698 |
| City and County of Butte-Silver Bow | $3,015,693 |
| State of Montana | $2,946,027 |
| Island Mountain Community Development Financial Institution Inc. | $2,855,000 |
| The Fort Smith Water and Sewer District | $2,000,000 |
| Little Big Horn Community College | $1,943,123 |
| Chief Dull Knife College | $1,836,158 |
| City of Missoula | $1,220,304 |
| Chippewa Cree Tribe of the Rocky Boy Reservation | $1,000,000 |
| Montana Department of Commerce | $1,000,000 |
| Beartooth Resource Conservation and Development Area, Inc. | $227,500 |
| Bear Paw Development Corporation of Northern Montana | $227,500 |
| Southeastern Montana Development Corporation | $227,500 |
| North Central Montana Economic Development District, Inc. | $227,500 |
| Southeastern Montana Development Corporation | $198,000 |
| Eastern Plains Economic Development Corporation | $192,500 |
| Chippewa Cree Tribe of the Rocky Boy’s Reservation, The | $153,000 |
| Fort Belknap Indian Community | $153,000 |
| Northern Cheyenne Tribe | $153,000 |
| University of Montana | $146,000 |