U.S. Department of Commerce Invests $640,000 in American Rescue Plan Funds for Water System Upgrades to Support Local Businesses in Pulaski, Tennessee

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $640,000 grant to the city of Pulaski, Tennessee, for construction of a new water boosting station and related materials to support the Dan Speer Industrial Park South. This grant is funded by the American Rescue Plan.

This project will deliver safe, potable water to local businesses while attracting others to the region. The EDA investment will be matched with $160,000 in local funds and is expected to create 81 jobs, retain 13 jobs and generate $8.5 million in private investment, according to grantee estimates.

“The Economic Development Administration plays an important role in supporting community-led economic development strategies designed to boost coronavirus recovery and response efforts,” said Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo. “This EDA project will provide critical infrastructure upgrades needed to support the region’s industrial sector and provide for business development.”

This project was made possible by the regional planning efforts led by the South Central Tennessee Development District (SCTDD). EDA funds SCTDD to bring together the public and private sectors to create an economic development roadmap to strengthen the regional economy, support private capital investment and create jobs.

This project is funded under EDA’s American Rescue Plan Economic Adjustment Assistance program, which makes $500 million in Economic Adjustment Assistance grants available to American communities. The Economic Adjustment Assistance program is EDA’s most flexible program, and grants made under this program will help hundreds of communities across the nation plan, build, innovate, and put people back to work through construction or non-construction projects designed to meet local needs. Effective May 26, 2022, EDA has officially closed all of its American Rescue Plan programs for applications. The $3 billion program funding will be awarded on a rolling basis through September 30, 2022.

About the U.S. Economic Development Administration (www.eda.gov)
The U.S. Economic Development Administration’s (EDA) mission is to lead the federal economic development agenda by promoting competitiveness and preparing the nation’s regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA invests in economically distressed communities to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.