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Contacts: John Atwood, (202) 482-4085
Wednesday, September 5, 2012
WASHINGTON - Acting U.S. Commerce Secretary Rebecca Blank today announced $2.4 million in Economic Development Administration (EDA) grants to the state of Oklahoma to help spur business and job growth by improving Durant's water system, rebuilding critical business infrastructure in Sapulpa that was damaged by severe winter snowstorms in 2011, and providing support to entrepreneurs in Tulsa.
"These $2.4 million in EDA investments in Oklahoma are examples of the Obama administration's commitment to strengthening our nation's infrastructure and helping communities recover from disasters," said Acting U.S. Commerce Secretary Blank. "The grants announced today will help Durant, Sapulpa and Tulsa, Oklahoma, rebuild critical business infrastructure and support regional job creation."
The investments announced today include:
The Sapulpa project is part of a $200 million appropriation made by Congress to EDA to help communities that received a major disaster designation in fiscal year 2011 with long-term economic recovery and infrastructure support. As part of the administration's National Disaster Recovery Framework (NDRF), EDA serves as the Coordinating Agency on behalf of the Department of Commerce for the Economic Recovery Support Function (RSF) to coordinate the activities of a diverse group of partner agencies supporting recovery in disaster-impacted communities.
About the U.S. Economic Development Administration (www.eda.gov)
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.