U.S. Department of Commerce Invests $127,700 to Create Jobs, Strengthen Economy in Yuba City, California
December 28, 2009
Contact: Lindsey Pangretic, (202) 482-4085
WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $127,700 grant to the Yuba-Sutter Economic Development Corporation of Yuba City, Calif., to create a development strategy to guide commercial development projects in Yuba and Sutter counties.
"Economic recovery and growth are top priorities for the Obama Administration," said U.S. Assistant Secretary of Commerce for Economic Development John R. Fernandez. "This EDA grant will boost the Yuba-Sutter region's competitiveness and create new higher-skill, living-wage jobs by providing a blueprint to guide the attraction of private investment."
"This federal support will assist Yuba and Sutter County's development of new partnerships within the region and create and expand commercial growth," said Brynda Stranix, Vice-President of Business Retention and Expansion for the Yuba-Sutter Economic Development Corporation.
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.