Clarksdale, MS – Delta Regional Authority (DRA) is awarding over $2.9 million in investments to three projects across Western Tennessee 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 basic public infrastructure and support business development and job training in communities across Western Tennessee. These projects are projected to create or retain nearly 200 jobs and train over 700 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 State of Tennessee and the state’s Local Development Districts for program funding implementation.
The following projects received SEDAP funding in Tennessee:
The Monogram Refrigeration Facility Expansion project in Selmer, Tennessee, has been awarded more than $2.2 million to add 140,00 square feet to its existing facility.
The City of Parsons Commercial Roof Replacement project in Parsons, Tennessee, has been awarded more than $560,000 for the removal and replacement of a 27,000-square-foot roof.
The Market – Farmers Market and Food Entrepreneurship Center project in Dyersburg, Tennessee, has been awarded more than $216,000 to renovate the Main Street Dyersburg Farmers Market to better serve a food desert and provide training to food-related entrepreneurs.
Additional information about SEDAP is available at States’ Economic Development Assistance Program – Delta Regional Authority (dra.gov).