U.S. Secretary of Commerce Gina M. Raimondo announced last week that the Department’s Economic Development Administration will award a $2 million grant for building a road that will connect the St. Bernard Port, Harbor, and Terminal District and a local highway.
The grant will provide improved access to nearby businesses and St. Bernard Parish Hospital, encouraging business expansion and growth. The EDA grant will be matched with $1.8 million in local funds and is expected to create 195 jobs, retain 390 jobs, and generate $15 million in private investment, according to grantee estimates.
As a partner to SBPG and the St. Bernard Port, St. Bernard Economic Development Foundation (SBEDF) assisted in writing the federal grant application and securing broad support from community leaders and elected officials. Read the entire announcement.