Anaheim, California Receives $7.2 Million in Federal Funds to Create Jobs, Strengthen Economy
October 8, 2009
Contact: John Atwood, (202) 482-4085
EDA Grant Expected to Create 1,900 Jobs and Generate $570 Million in Private Investment
Anaheim, Calif. -- U.S. Deputy Assistant Secretary of Commerce for Economic Development Brian P. McGowan today presented a $7.2 million Economic Development Administration (EDA) grant to the city of Anaheim, Calif., to create jobs in the Anaheim Canyon Corridor by making the critical infrastructure improvements needed to link the area directly to the Anaheim Metrolink Station via East La Palma Avenue. The project is expected to create 1,900 jobs and generate $570 million in private investment, according to grantee estimates.
"Economic recovery and growth are top priorities for the Obama Administration," said McGowan. "This EDA grant will create jobs now, help ease access to the new Kaiser Permanente hospital complex and the PacifiCenter retail center, and will help open new industrial sites to create a viable transit-oriented industrial and retail district in the Anaheim Canyon Corridor."
"I am so pleased that the Anaheim community will receive this grant to make transit more accessible and help connect local businesses to the Metrolink station. This funding will create jobs and boost the region's economy, and it could not come at a more critical time," said U.S. Senator Barbara Boxer.
"Smart investments in local communities will be a crucial part of Orange County's economic recovery," said U.S. Rep. Loretta Sanchez, who represents Anaheim in Congress. "We're not only creating jobs, we're creating the necessary infrastructure to promote long-term economic development in Anaheim and the surrounding community."
EDA is an agency within the U.S. Department of Commerce that partners with distressed communities throughout the United States to foster economic growth and job creation. 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 global 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.