DRA Announces $3.6 Million Investment into Tennessee Communities

September 17, 2020

DRA’s investment will improve public infrastructure and job training to support economic development in communities across Tennessee.

CLARKSDALE, MS – Today, the Delta Regional Authority (DRA) announced a $3,615,385 investment that will boost economic development and improve the quality of life for Tennessee communities and residents.  The investment will be matched by $2.4 million and will attract an additional $64 million in leveraged private investment (LPI) into Tennessee.  

Eight new investment projects will improve water and sewer systems and support innovative job training in communities across Tennessee.  These projects are expected to create or retain 187 jobs, train 170 individuals, and affect nearly 6,800 families.  

“The Delta Regional Authority’s $3.6 million investment into eight critical projects will strengthen economic success in West Tennessee by improving vital infrastructure and creating opportunities to foster workforce development,” said DRA Federal Co-Chairman Chris Caldwell.  “These investments highlight the importance of local and regional public-private partnerships in realizing the long-term success of infrastructure, business, and workforce projects to spur job growth and ultimately improve business competitiveness in the region.  I would like to thank Governor Lee, Senator Alexander, Senator Blackburn, and the Tennessee Congressional delegation for their continued support and commitment to the Delta Regional Authority and our work to create jobs, build communities, and improve the lives of those residing in our region.”

Funding for these projects is provided by the States’ Economic Development Assistance Program (SEDAP), which provides direct investment into community-based and regional projects to support basic public infrastructure, transportation infrastructure, workforce training and education, and small businesses development with an emphasis on entrepreneurship, and the Community Infrastructure Fund (CIF), which targets physical infrastructure projects that help build safer, more resilient communities in the Delta region.  DRA coordinates directly with the Office of the Governor for the State of Tennessee and three local development districts in the state for program funding implementation.

Tennessee: 2020 Investment Snapshot

Number of Projects

DRA Investment

Total Project Investment

Capital Investment

Jobs Created

Jobs Retained

Individuals Trained

Families Affected

8

$3,615,385

$6,103,147

$64,000,000

170

17

170

6,793

 

"We thank the Delta Regional Authority for the generous investment in West Tennessee's infrastructure. Their continued investment in the region has been critical to our sustained economic development and the ability to grow quality jobs for Tennessee families," said Governor Bill Lee (R-TN).

“This $3.6 million investment from the Delta Regional Authority is good news for communities across West Tennessee. It will help improve water and sewer systems, and build new infrastructure to help bring more good jobs to the area,” U.S. Senator Lamar Alexander (R-TN) said. “I congratulate Governor Lee on today’s announcement, which will help many families in Tennessee.”

“The Delta Regional Authority is committed to working with rural communities to better the quality of life for West Tennesseans. We are appreciative of their recognition of these worthy projects and know these communities and their citizens will benefit from these grants. Water and sewer infrastructure and innovation are essential to both jobs growth and prosperity to these Tennessee communities,” said U.S. Senator Marsha Blackburn (R-TN).

The following project was funded by CIF:

  1. Water System Improvements – Lake County Industrial Site and Port of Cates Landing | Tiptonville, TNThe City of Tiptonville will use DRA funds to improve the water storage tank and water system at the Port of Cates Landing and the Lake County Industrial Complex.  This investment is projected to create 100 new jobs, train 100 individuals, and affect 49 families.  

DRA Investment: $1,519,000

Total Investment: $19,519,000

“The Delta Regional Authority’s $1.2 million investment in Tennessee’s 7th Congressional District is greatly appreciated. These four vital public projects to rehabilitate water and sewer systems and further infrastructure expansion will lead to the creation of new job opportunities and improve the quality of life for families across the region,” said Congressman Mark Green (R-TN 7th District).

“These grants from the Delta Regional Authority will boost economic development and improve the lives of West Tennesseans. I appreciate the Delta Regional Authority’s continued investment in West Tennessee,” said Congressman David Kustoff (R-TN 8th District).

“I’m pleased to see the Delta Regional Authority making these investments in Memphis. These projects will expand workforce development and improve business opportunities in the Mid-South’s agricultural sector. The DRA’s commitments are good for Memphis and our region,” said Congressman Steve Cohen (D-TN 9th District).

The following projects were funded by SEDAP:

  1. 38126 Innovation & Technology Center | Memphis, TNThe South Memphis Renewal Community Development Corporation will use DRA funds to construct a new 10,500 square foot commercial building for an Innovative Technology Center to provide workforce development and training opportunities for residents.  This investment is projected to create 20 new jobs and train 70 individuals.  

DRA Investment: $360,000

Total Investment: $1,280,000

  1. Agricenter International Innovation District | Memphis, TNAgricenter International will use DRA funds to construct infrastructure to expand an agricultural research park and provide opportunities for business expansion.  

DRA Investment: $400,000

Total Investment: $500,000 

  1. Sharon Well Replacement Project | Sharon, TNThe Town of Sharon will use DRA funds to install a new 10-inch well to improve services to residents.  This investment is projected to affect 481 families.  

DRA Investment: $100,000

Total Investment: $587,140

  1. City of Savannah Sewer Rehabilitation Project | Savannah, TNThe City of Savannah will use DRA funds to rehabilitate existing manholes and make sewer system repairs to the Central Business District.  This investment is projected to affect 2,857 families.  

DRA Investment: $254,179

Total Investment: $267,286 

  1. City of Lexington Lift Station Replacement | Lexington, TNThe City of Lexington will use DRA funds to replace and relocate a sewer lift station to improve services to residents and businesses.  This investment is projected to affect 3,406 families.  

DRA Investment: $509,000

Total Investment: $1,268,650 

  1. Crockett County Distributor Site Improvements | Bells, TNCrockett County will use DRA funds to extend water service to a new distribution center adjacent to US 412/SR 20.  This investment is projected to create 50 new jobs and retain two jobs.  

DRA Investment: $135,300

Total Investment: $43,343,165 

  1. Infrastructure Expansion - Lexington | Lexington, TNThe City of Lexington will use DRA funds to provide water, sewer, and electrical infrastructure to an agricultural processing facility to provide for new business growth.  This investment is projected to retain 15 jobs.  

DRA Investment: $337,906

Total Investment: $3,337,906 

 

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.

DRA Media Contact:
Shawna Blair
Director of Communications and Public Engagement
202-434-4842
sblair@dra.gov