U.S. Commerce Secretary Gary Locke Announces $3.1 Million Grant to Create Jobs, Strengthen Economy in El Centro, California
August 19, 2009
Contact: John B. Atwood, (202) 482-4085
EDA Grant Expected to Create 417 Jobs and Generate $120 Million in Private Investment
WASHINGTON - U.S. Commerce Secretary Gary Locke today announced a $3.1 million Economic Development Administration (EDA) grant to the city of El Centro, Calif., to help build infrastructure to serve commercial development in three commercial areas: the El Centro Town Center II, the El Centro Town Village industrial site, and the 8th Street industrial site. The grant is expected to create 417 jobs and generate $120 million in private investment, according to grantee estimates.
"The Obama Administration is committed to creating jobs, encouraging innovation and improving our nation's economic competitiveness," Locke said. "This grant will help create jobs and attract private investment to the Imperial Valley region by building the infrastructure needed to establish these three vital commercial areas."
The Department of Commerce is a voice for Main Street businesses. It focuses on creating jobs by fostering innovation and opening markets to U.S. products.
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.