U.S. EDA Promotes Job Creation with Investment to Redevelop Former Nursing Facility
July 23, 2010
Contact: John Atwood, (202) 482-4085
WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $19,204 grant to the city of Rolette, N.D., to help them conduct a multi-use analysis of the city's former nursing home facility for reuse.
"EDA is committed to helping cities like Rolette meet their potential to create jobs," said U.S. Assistant Secretary of Commerce for Economic Development John Fernandez. "The goal of this project is to repurpose the former nursing home facility for use by business ventures to help the community create new jobs."
"It is very important for the Rolette to utilize the existing buildings in the community to give us the competitive edge in attracting new businesses to the community over the high cost of new construction for the same use," said Mark Myhre, President of the Rolette City Council.
EDA funds will support a multi-use analysis of a vacant, former nursing home facility, which is owned by the City of Rolette, N.D. The analysis will determine the most viable future economic uses for the property. The results of this analysis will enable the City to identify and recruit new tenants for the property, thereby generating new jobs and investment within the community.
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.