U.S. Economic Development Administration Invests $600,000 in Northumberland to Support Economic Recovery
Contact: EDA Public Affairs Department, (202) 482-4085
August 30, 2016
WASHINGTON – The U.S. Department of Commerce’s Economic Development Administration (EDA) today announced it will award a $600,000 grant to the Town of Northumberland in the village of Groveton, N.H., to make vital infrastructure improvements to support new job opportunities in the region and assist with economic recovery.
“For more than 50 years, EDA has understood the strong relationship between infrastructure and economic growth, and has supported infrastructure creation and upgrades across the country,” said Jay Williams, U.S. Assistant Secretary of Commerce for Economic Development. “This EDA investment will make the essential improvements needed to serve a local industrial park site that is critical to job growth in a region that has endured significant economic loss.”
This EDA investment will extend 3,400 linear feet of water line and 900 linear feet of sewer line and related appurtenances to serve the development of the industrial park. This infrastructure improvement will support five businesses in the region, and is expected to create 118 jobs within three to five years.
About the U.S. Economic Development Administration
The mission of the U.S. Economic Development Administration (EDA) is to lead 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. To learn more about EDA, visit www.eda.gov.