Press Release

U.S. Department of Commerce Invests $70,189 to Create Jobs, Strengthen Economy in Klamath Falls, Oregon

July 22, 2009
Contact: Bryan Borlik, (202) 482-4085

WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $70,189 grant to the South Central Oregon Economic Development District of Klamath Falls, Ore., to develop and implement a Comprehensive Economic Development Strategy (CEDS) for Klamath and Lake Counties.

"The Economic Development Administration is pleased to partner with South Central Oregon Economic Development District to improve the regional economic climate," said Sandra R. Walters, EDA Chief Financial Officer/Chief Administrative Officer. "This EDA grant will help develop a locally-devised blueprint for identifying economic development activities that will encourage private investment, boost entrepreneurial growth, and create jobs."

EDA is an agency within the U.S. Commerce Department and 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.