Clarksdale, MS – Delta Regional Authority (DRA) is awarding over $1.5 million in investments to three projects in Western Kentucky through the States’ Economic Development Assistance Program (SEDAP). Funding for this program was made available, in part, by the Bipartisan Infrastructure Law signed by President Biden, a key part of his Investing in America agenda to grow local economies from the middle out and bottom up and create more resilient and healthier communities across the country.
The three new investment projects will improve transportation infrastructure and support job training in communities across West Kentucky. These projects are projected to create nearly ten jobs and train 415 individuals.
“The States’ Economic Development Assistance Program is one of DRA’s most diverse tools that allow us to expand and invest in the resiliency of the region’s public infrastructure and workforce,” said DRA Federal Co-Chairman, Dr. Corey Wiggins. “As a result of this investment, residents across these three communities will have improved access to infrastructure and workforce development opportunities, helping to improve their quality of life and increase economic prosperity in their communities.”
As one of DRA’s main investment tools, SEDAP provides direct investments for basic public infrastructure, transportation infrastructure, business development with an emphasis on entrepreneurship, and workforce development. DRA coordinates directly with the Office of the Governor for the Commonwealth of Kentucky and the state’s Local Development Districts for program funding implementation.
“The DRA has been an amazing partner to Kentucky for years,” said Gov. Andy Beshear. “Investments like these support our growing workforce and set Western Kentucky up for continued economic prosperity. So many companies are investing big in Kentucky, and these DRA-supported projects are ensuring we have the infrastructure and workers to keep up with the progress we’re seeing across our state.”
The following projects received SEDAP funding in Kentucky:
The Paducah Riverport Revitalization project in Paducah, Kentucky, has been awarded more than $418,000 to revitalize a storage facility for customers of the Paducah-McCraken County Riverport Authority.
The Webster County Workforce Training Equipment project in Dixon, Kentucky, has been awarded more than $326,000 to purchase workforce training equipment for students in manufacturing, healthcare, industrial, and computer-aided design career tracks.
The Muhlenberg County Airport Hangar Expansion project in Greenville, Kentucky, has been awarded more than $759,000 as part of a multi-phase airport expansion that will support the Madisonville Community College Fixed Wing Aviation Program.
Additional information about SEDAP is available at States’ Economic Development Assistance Program – Delta Regional Authority (dra.gov)