U.S. Department of Commerce Invests $1 Million to Make Infrastructure Improvements to Support Business Development in Littleton
Contact: EDA Public Affairs Department, (202) 482-4085
August 30, 2016
WASHINGTON – U.S. Secretary of Commerce Penny Pritzker today announced that the Department’s Economic Development Administration (EDA) is awarding $1 million in grants to the Town of Littleton, N.H., to make infrastructure improvements to help support business development in the region.
“Ensuring that our communities have the vital infrastructure they need to support commerce is a top priority of the Obama administration,” said Secretary Pritzker. “Today’s EDA investment will help local business expand operations and develop commercial property along the Ammonoosuc River.”
The EDA grant will provide funding to make key infrastructure improvements needed to support the expansion of a major brewing company, expand local businesses, and develop vacant and blighted commercial property in Littleton. According to grantee estimates, the project is expected to create up to 140 jobs immediately, and generate 500 jobs within 10 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.