October 27 - November 1, 2022

EDA announced one investment from October 27-November 1, 2022, for $1,830,207, which is matched by $457,552 in local investment.  This Public Works project will help communities revitalize, expand, and upgrade their physical infrastructure that will help create 214 jobs, save 345 jobs, and leverage $36,000,000 in private investment, as follows:

• $1,830,207 in one Public Works project, matched by $457,552 in local investment, the Sebring Airport Authority, Sebring/Highlands County, Florida, to support the construction of stormwater drainage improvements at Sebring Regional Airport’s Multimodal Logistics Center in Highlands County.  The project work includes replacing failing storm sewer pipe that serves the airfield runways and taxiways.  Once completed, the project will help increase the region’s capacity to create and grow new businesses in the aviation industry, which will attract private investment and strengthen the regional economy.  The grantee estimates that this investment will help create 214 jobs, save 345 jobs, and leverage $36,000,000 in private investment.