DRA Announces $2.3 Million Investment into Three Missouri Infrastructure ProjectsOctober 06, 2022
DRA’s investment will improve water, draining, and transportation infrastructure projects to help build safer, more resilient communities throughout Missouri.
CLARKSDALE, MS – Delta Regional Authority (DRA) today announced that $2.3 million will be invested into three Missouri infrastructure projects through DRA’s Community Infrastructure Fund (CIF). The investment will be matched by $9.7 million in additional funds. The CIF program addresses unmet basic public infrastructure, transportation infrastructure, and flood control needs to help build safer, more resilient communities in the Delta region. These projects are expected to create 101 jobs, retain 75 jobs, and affect 3,000 families.
“As I travel throughout the Missouri Bootheel and listen to community leaders, it is clear that infrastructure upgrades are among the state’s greatest needs,” said DRA Federal Co-Chairman Dr. Corey Wiggins. “Accessible roads, reliable water and sewer services, and secure flood protection are essential in order to maintain existing businesses, attract new industries, and keep a community healthy and thriving.”
Missouri: FY 2022 CIF Investment Snapshot
- Number of Projects: 3
- DRA Investment: $2,320,860
- Total Project Investment: $12,095,860
- Jobs Created: 101
- Jobs Retained: 75
- Families Affected: 3,000
The following projects were funded by CIF:
- Twin Cities Industrial Park Infrastructure Improvements | Cabool, MO: The City of Cabool will use DRA funds to complete a new concrete paved roadway in support of business expansion at Twin Cities Industrial Park. This investment is projected to create 65 jobs and retain 25 jobs.
- DRA Investment: $1,000,000
- Total Investment: $2,375,000
- Sikeston Business, Education, and Technology Park Project | Sikeston, MO: The City of Sikeston will use DRA funds to replace the existing headworks to handle current and future flows generated by Sikeston’s Business, Education, and Technology Park to allow for industrial growth and expansion. This investment is projected to create 36 jobs, retain 50 jobs, and affect 3,000 families.
- DRA Investment: $1,013,860
- Total Investment: $9,413,860
- Pemiscot County Road Expansion | Caruthersville, MO: The City of Caruthersville will use DRA funds to widen the road exactly two miles from the I-55 exit at Hayti/Caruthersville (North Exit) to the entrance of the Pemiscot County port.
- DRA Investment: $307,000
- Total Investment: $307,000
About the Delta Regional Authority
The Delta Regional Authority (DRA) is a federal-state partnership created by Congress in 2000 to promote and encourage the economic development of the lower Mississippi River Delta region and Alabama Black Belt. DRA invests in projects supporting transportation infrastructure, basic public infrastructure, workforce training, and business development. DRA’s mission is to help create jobs, build communities, and improve the lives of those who reside in the 252 counties and parishes of the eight-state region.
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