U.S. Department of Commerce Invests $1.2 Million for Roadway Infrastructure Improvements to Support Business Growth in Superior, Colorado

WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the town of Superior, Colorado, for roadway infrastructure improvements needed to support business growth in the region.

This grant will improve a road damaged in the 2021 Marshall Fire to provide greater access to the downtown business area. This EDA investment will be matched with $312,234 in local funds and is expected to create 15 jobs and generate $19 million in private investment, according to grantee estimates.

“The Biden-Harris Administration is committed to supporting communities as they recover and rebuild following natural disasters,” said Secretary of Commerce Gina Raimondo. “This EDA investment will develop Superior’s modern and sustainable infrastructure needed to benefit local businesses and create jobs.”

“EDA is pleased to support Superior as it pursues long-term, locally driven economic resiliency strategies,” said Acting Assistant Secretary of Commerce for Economic Development Cristina Killingsworth. “This strategic, place-based project will provide critical infrastructure to support business growth and a diversified local economy in the region for decades to come.”

“We’re committed to Superior’s long-term healing from the Marshall Fire,” said Senator John Hickenlooper. “Repairing this road is a big part of that healing and of getting the local economy back on track.”

“Over the course of the past three years, I’ve been proud to work alongside the people of Superior as we rebuild and recover from the devastating Marshall Fire, overcoming obstacles to support our town and one another,” said Representative Joe Neguse (CO-2). “This funding will be instrumental to the restoration and revitalization of our town and its local economy.”

This project is funded under the Disaster Relief Supplemental Appropriations Act, 2023, which provided EDA with $483 million in additional Economic Adjustment Assistance (EAA) Program funds for disaster relief and recovery for areas that received a major disaster declaration under the Robert T. Stafford Act as a result of Hurricanes Ian and Fiona, wildfires, flooding, and other natural disasters occurring in calendar years 2021 and 2022. Please visit EDA’s Disaster Supplemental webpage for more information.

About the U.S. Economic Development Administration (www.eda.gov)
The mission of the U.S. Economic Development Administration (EDA) 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 communities and supports regional collaboration in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.