NEWS: Delta Regional Authority opens application period to attract community investmentsFebruary 09, 2017
Financial support helps create jobs, build communities
CLARKSDALE, Miss. – The Delta Regional Authority (DRA) is opening the 2017 application cycle to provide investments through its States’ Economic Development Assistance Program (SEDAP). The program is DRA’s primary investment tool to spur infrastructure improvements, help develop the Delta’s workforce and local businesses by enhancing regional economic opportunities in the 252 counties and parishes it serves.
In 2017, DRA will continue to offer investment opportunities through the Community Infrastructure Fund (CIF), which began last year and provides an opportunity for DRA to better support local infrastructure in Delta communities.
“DRA’s investments are directed and guided by efforts to improve economic development, strengthen the Delta economy, and enhance the quality of life for the 10 million residents we serve,” said DRA Chairman Chris Masingill. “We will continue to work together with our governors and local economic development districts in each state to support the projects that have the greatest ability to support jobs creation, and strengthen communities. These investments reflect local priorities that are recommended by stakeholders and residents throughout the region.”
Organizations and communities interested in applying can learn more and begin their application online at funding.dra.gov. The application process runs through May 31, and funds are available in DRA’s footprint in Alabama, Arkansas, Illinois, Kentucky, Louisiana, Mississippi, Missouri and Tennessee.
DRA, together with its state and local partners, has invested more than $163 million into more than 1,000 projects that have attracted total public and private investments of $3.3 billion. Overall, DRA investments have helped create and retain 26,000 jobs, train more than 7,200 workers to advance in the 21st Century, and deliver sewer and water improvements to more than 64,000 residents and businesses.
Communities and organizations are encouraged to work with their local development district, which has staff members trained by the DRA, to assist with the application process.
Information on state-specific funding allocations, funding program eligibility requirements and guidelines, and contact information for local development districts are available at www.dra.gov/funding-programs.
About the Delta Regional Authority
The Delta Regional Authority is a federal-state partnership created by Congress in 2000 to help create jobs, build communities, and improve lives through strategic investments in economic development in 252 counties and parishes across eight states. DRA has invested more than $163 million into more than 1,000 projects that have attracted total public and private investments of $3.3 billion. Overall, DRA investments have helped create and retain 26,000 jobs, train more than 7,200 workers to advance in the 21st Century, and deliver sewer and water improvements to more than 64,000 residents and businesses. Learn more at dra.gov.