U.S. Department of Commerce Invests $1.3 Million to Support Business and Job Creation in Lancaster, Pennsylvania
Contact: Public Affairs Department, (202) 482-4085
Wednesday, September 30, 2015
WASHINGTON – U.S. Secretary of Commerce Penny Pritzker today announced that the Department’s Economic Development Administration (EDA) is awarding a $1.32 million grant to the Spanish American Civil Association in Lancaster, Penn. to redevelop a former brownfield site into new commercial space in the region. According to grantee estimates, this project will create 55 jobs for a largely non-English speaking population.
“The EDA investment announced today will help this underserved community attract retailers and create jobs and economic opportunities for the people of Lancaster,” said Secretary Pritzker.
EDA’s investment will help fund the construction of two sites for commercial retail, including a 7,500 square foot building that will house five retail and service businesses and a 10,000 square foot building will house a small grocery store. According to the grantee, the grocery store will make substantial investments into equipment and interior improvements, and the five smaller tenants will also make individual investments.
About the U.S. Economic Development Administration (www.eda.gov)
The Economic Development Administration marks 50 years of public service, leading the federal economic development agenda by promoting competitiveness and preparing the nation's regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA makes investments in economically distressed communities in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.