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U.S. Secretary of Commerce Gary Locke Announces $1.2 Million Investment to Create Jobs, Strengthen Economy in Honolulu, Hawaii

EDA Grant Expected to Create 330 Jobs and Generate $25 Million in Private Investment

WASHINGTON - U.S. Commerce Secretary Gary Locke today announced a $1.2 million Economic Development Administration (EDA) investment to Chaminade University of Honolulu, Hawaii to renovate the second floor of an existing building for use as a nursing training facility. The project is expected to create 330 jobs and generate $25 million in private investment, according to grantee estimates.

"The Obama Administration is committed to creating jobs, encouraging innovation and improving our Nation's competitiveness," said Locke. "This EDA investment will train potential nurses using state-of-the-art equipment and techniques and graduates will fill critical positions in hospitals in Hawaii and the Pacific Islands."

EDA supports the economic development needs of distressed communities throughout the United States. Its mission is to lead the federal economic development agenda by promoting innovation and competitiveness and preparing American regions for growth and success in the worldwide economy.

Additional information on how EDA investments are helping distressed communities create a positive and sustainable economic future can be accessed at: http://www.eda.gov.