--- title: Hayden Secures $5.2M Grant to Boost Economy Amid Plant Closure description: Hayden secures $5.2 million in federal funding for an industrial park aimed at diversifying its economy as the local coal plant prepares to close. image: https://rcedp.org/hubfs/YV%20Bugle%20-%20Hayden%20Station.jpg --- Theme + Migration = $1489 (Pay for the Theme Only). 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[Consumer Expenditures](https://rcedp.org/data/consumer-expenditures) - [Wages](https://rcedp.org/wages) - [Businesses](https://rcedp.org/businesses) - [Talent & Education](https://rcedp.org/data/talent-pool) - [Economic Reports](https://rcedp.org/economic-reports) - [News](https://rcedp.org/news) - [About Us](https://rcedp.org/partnership) - [About Us](https://rcedp.org/partnership) - [RCEDP Team](https://rcedp.org/team) - [Mentor Network](https://rcedp.org/mentor-network) - [Economic Development Council](https://rcedp.org/edc) - [Board of Directors](https://rcedp.org/board-of-directors) - [Donate](https://www.coloradogives.org/organization/Routt-County-Economic-Development-Partnership) # Hayden Secures $5.2M Grant to Boost Economy Amid Plant Closure By [Steamboat Pilot & Today](https://rcedp.org/news/author/steamboat-pilot-today) August 15, 2022 at 11:00 AM 1 Minute Read #### Federal grant funds infrastructure for industrial park that hopes to retain, expand local businesses The town of Hayden will receive $5.2 million in federal grant funding for a regional industrial park project that hopes to lesson impacts as the Hayden Station shutters by the end of the decade. The U.S. Department of Commerce announced Tuesday, Aug. 9, that Hayden and neighboring Craig — another community in the shadow of a soon-to-close coal-fired power plant — would receive a total of $8.5 million that was directed toward coal communities in the American Rescue Plan. The award to Hayden is enough to bring the planned industrial park near the Yampa Valley Regional Airport to full funding, said town manager Mathew Mendisco. “This business park, we believe, is going to be almost like the change agent for the valley,” Mendisco said. “It’s going to give the opportunity for a lot of local businesses to expand where they may not have been able to.” The industrial park project started as one facet of a proposal to get grant money through the Build Back Better Regional Challenge in a similar vein as a project in Sheridan, Wyoming, that helped diversify its economy, which was similarly based on extraction and tourism industries. [Read The Full Article](https://www.steamboatpilot.com/news/once-in-a-lifetime-hayden-gets-5-2-million-to-diversify-economy-as-plant-closure-looms/) ## Recommended For You [![](https://rcedp.org/hubfs/Hayden-power-plant-and-cows-in-winter-CROPPED-1024x638-1.jpg)](https://rcedp.org/news/colorado-puc) 1 Min Read ### [Colorado PUC moves to give extra financial help to towns losing coal-fired power plants, but there’s a catch](https://rcedp.org/news/colorado-puc) [![Picture of Colorado Sun](https://rcedp.org/hubfs/CO%20Sun.png) Colorado Sun January 22, 2026 at 1:30 PM](https://rcedp.org/news/author/colorado-sun) [![](https://rcedp.org/hubfs/Hayden-power-plant-and-cows-in-winter-CROPPED-1024x638-1.jpg)](https://rcedp.org/news/erc) 4 Min Read ### [RCEDP, NWCDC and Local Businesswoman Selected for Inaugural Economic Recovery Corps Fellowship](https://rcedp.org/news/erc) [![Picture of RCEDP](https://rcedp.org/hubfs/RCEDP%20Logo%20-%20Social-2.png) RCEDP February 6, 2024 at 1:47 PM](https://rcedp.org/news/author/rcedp) [![](https://rcedp.org/hubfs/Copy%20of%20Copy%20of%20DONATE%20TODAY%20(1).png)](https://rcedp.org/news/fundraising) 1 Min Read ### [Economic partnership opens door to fundraising as it looks to diversify income sources](https://rcedp.org/news/fundraising) [![Picture of Steamboat Pilot & Today](https://rcedp.org/hubfs/P%26T%20Logo.jpg) Steamboat Pilot & Today January 9, 2025 at 8:00 AM](https://rcedp.org/news/author/steamboat-pilot-today) #### Stay Connected Get the latest local business resources and stay informed about long-term economic sustainability initiatives. --- ![logo-white](https://rcedp.org/hubfs/logo-white.png) Routt County, Colorado +1 (970) 717-0721 [info@rcedp.org](mailto:info@rcedp.org) [Follow us on Facebook](https://www.facebook.com/RCEDP) [Follow us on LinkedIn](https://www.linkedin.com/company/routt-county-economic-development-partnership/) [Follow us on Instagram](https://www.instagram.com/rc_edp/) [Follow us on Spotify](https://open.spotify.com/user/31yb7rxgbioad423hr67hisepumu?si=1c120763ec024429) - [Events](https://lu.ma/rcedp) - [Entrepreneurship](https://rcedp.org/entrepreneurship-center) - [Business Support](https://rcedp.org/business-retention-expansion) - [Key Industries](https://rcedp.org/key-industries) - [Yampa Valley](https://rcedp.org/overview) - [Data](https://rcedp.org/data/communities) - [News](https://rcedp.org/news) - [About Us](https://rcedp.org/partnership) - [Donate](https://www.coloradogives.org/organization/Routt-County-Economic-Development-Partnership) Copyright © 2024 Routt County Economic Development Partnership [Privacy Policy](https://rcedp.org/privacypolicy) | [Terms and Conditions](https://rcedp.org/termsandconditions) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Steamboat Pilot & Today", "url" : "https://rcedp.org/news/author/steamboat-pilot-today" }, "dateModified" : "2026-05-19T17:02:12.059Z", "datePublished" : "2022-08-15T17:00:00.000Z", "headline" : "Hayden Secures $5.2M Grant to Boost Economy Amid Plant Closure", "image" : [ "https://rcedp.org/hubfs/YV%20Bugle%20-%20Hayden%20Station.jpg" ], "mainEntityOfPage" : { "@id" : "https://rcedp.org/news/hayden-secures-5.2m-grant-to-boost-economy-amid-plant-closure", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://rcedp.org/hubfs/RCEDP-logo-color.png" }, "name" : "Routt County Economic Development Partnership" } } ```