U.S. Department of Commerce Invests $194,025 to Create Jobs, Strengthen Economy in Freeman, South Dakota
July 22, 2009
Contact: Bryan Borlik, (202) 482-4085
WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $194,025 grant to the city of Freeman and Planning & Development District III of Yankton, S.D., to make storm water infrastructure improvements needed to protect the Freeman business community from future flood events.
"The Economic Development Administration is pleased to partner with Freeman and Planning & Development District III to boost business development and job growth," said Sandra R. Walters, EDA Chief Financial Officer/Chief Administrative Officer. "This EDA investment will help make the vital infrastructure improvements needed to attract new industry to the region and to keep Freeman businesses open and people working in the event of future severe weather events."
EDA is an agency within the U.S. Commerce Department and supports the economic development needs of distressed communities throughout the United States. Its mission is to lead the federal economic development agenda by promoting innovation and competitiveness and preparing American regions for growth and success in the worldwide economy.
Additional information on how EDA investments are helping distressed communities create a positive and sustainable economic future can be accessed at: http://www.eda.gov.