Tennessee Central Economic Authority PowerCom Industrial Center awarded Site Development Grant
Mar 28 2017
Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bob Rolfe announced today that 18 communities and local organizations will receive $6.2 million in Site Development Grants.
The Site Development Grant program, part of the larger Rural Economic Opportunity Act passed in 2016, helps communities prepare industrial sites for businesses.
“Providing more opportunities for citizens in rural Tennessee is one of our top priorities and with the assistance of the Site Development Grants, the rural communities receiving these grants will be ready for investment and economic success,” Haslam said. “We are strengthening our future workforce through programs like Tennessee Promise, and I look forward to seeing these 18 communities succeed and grow for the next generation of Tennesseans.”
“I want to congratulate all 18 communities on being awarded the Site Development Grants,” Rolfe said. “These grants are designed to assist rural Tennessee communities to be better equipped for economic growth. We are proud to see these communities investing in themselves and anticipate seeing each community thrive in our state.”
The grants assist communities in finalizing infrastructure and site improvements for Select Tennessee Certified Sites and sites that will go through the site certification process. The projects prepare the sites for new business operations and jobs. In total, 33 communities have been awarded Site Development Grants with 15 communities receiving the grants in 2016.
Tennessee Central Economic Authority PowerCom Industrial Center was awarded $122,500 – Extension of approximately 2,400 linear feet of sewer line.