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A bureau within the U.S. Department of Commerce


Press Release

U.S. Department of Commerce Grant to Help Protect and Grow Ruidoso Businesses and Jobs

WASHINGTON - U.S. Commerce Secretary Gary Locke today announced a $2.9 million Economic Development Administration (EDA) grant to the Village of Ruidoso and the city of Ruidoso Downs, N.M., to provide equipment needed to renovate the regional wastewater treatment plant. The improved plant will help grow businesses and jobs in the region in the wake of Hurricane Dolly.

"The Obama Administration is committed to creating jobs, encouraging innovation and improving our nation's economic competitiveness," Locke said. "This EDA grant will make critical infrastructure improvements needed to help communities located on the Rio Ruidoso to attract new private investment and jobs to the region."

About the U.S. Economic Development Administration (www.eda.gov): This year, the U.S. Economic Development Administration (EDA) marks 45 years of public service, with a mission of leading the federal economic development agenda by promoting competitiveness and preparing American regions for growth and success in the worldwide economy. EDA is an agency within the U.S. Department of Commerce that partners with distressed communities throughout the United States to foster job creation, collaboration and innovation.