Arkansas Democrat-Gazette

$2M awarded to SE developmen­t district


The Southeast Arkansas Economic Developmen­t District Inc. of Pine Bluff has been awarded a $2 million grant to establish a new headquarte­rs facility, the U.S. Department of Commerce announced Monday.

The grant, which is coming from the department’s Economic Developmen­t Administra­tion, will be matched with $399,000 in local investment, according to a news release.

U.S. Secretary of Commerce Wilbur Ross said in the news release that the “new economic developmen­t headquarte­rs will provide the centralize­d, modern space necessary to advance the community’s economic developmen­t and disaster resiliency plans.”

The Southeast Arkansas Economic Developmen­t District Inc. was organized and began operation in 1967 under the provisions of the U.S. Public Works and Economic Developmen­t Act of 1965.

Headquarte­red in Pine Bluff, the Southeast Arkansas Economic Developmen­t District serves 10 counties in southeast Arkansas: Arkansas, Ashley, Bradley, Chicot, Cleveland, Desha, Drew, Grant, Jefferson and Lincoln.

The news release said the money will support constructi­on of a new headquarte­rs to advance economic developmen­t and disaster recovery efforts, and will provide training to local leaders to arm them with new tools to improve the region’s economy.

“The opportunit­y to build a new headquarte­rs will breathe new life into southeast Arkansas and energize the leadership of the economic developmen­t efforts as they seek to attract business and create jobs,” said Arkansas Gov. Asa Hutchinson in the news release.

U.S. Rep. Bruce Westerman, R-Ark., said in the news release that the new facility will help the area “better prepare for emergency situations and natural disasters.”

The project comes about through the regional planning efforts led by the Southeast Arkansas Economic Developmen­t District, which the Economic Developmen­t Administra­tion funds to bring together public and private sectors to create a plan that strengthen­s the regional economy, supports private capital investment and creates jobs. The project is funded by the Additional Supplement­al Appropriat­ions for Disaster Relief Act of 2019.

Newspapers in English

Newspapers from United States