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Funding to boost economy released

September 26, 2013
The Inter-Mountain

Washington, D.C. - U.S. Senators Joe Manchin and Jay Rockefeller, along with Congressman Nick Rahall (all D-W.Va.), today announced that the Economic Development Administration (EDA) will provide $420,000 to regional development councils to help spur economic growth and create good-paying jobs across West Virginia. These EDA projects aim to strengthen West Virginia's economy by bringing together the public and private sectors to establish strategies that will boost local and regional economies by overcoming challenges and focusing on job creation.

"It is encouraging to see that our public and private sectors can work together to help boost our economy and improve the economic success in regions across West Virginia and this country," Senator Manchin said. "These funds will help us coordinate our resources more efficiently and will put hardworking West Virginians back to work."

"Our regional development and planning councils work tirelessly to create jobs for West Virginians and put in place initiatives to support our local economies," said Rockefeller. "To execute their strategies for growth, it is essential they have the resources necessary to overcome the tough economic challenges our communities face. I'm glad to see this funding go toward an effort that invests directly in job opportunities and economic development that will benefit our state."

"By leveraging Federal funding with local investments, we can create jobs in tough economic times while making the wisest use of scare resources," said Rahall, top Democrat on the House Transportation and Infrastructure Committee which has jurisdiction over the EDA.

 
 

 

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