Delta Regional Authority distributes $3.75 million toward eight projects in Arkansas
by October 15, 2024 1:11 pm 143 views
The Delta Regional Authority (DRA), in collaboration with the state of Arkansas, recently invested $3.75 million toward eight projects in Arkansas through its States’ Economic Development Assistance Program (SEDAP).
Eight Arkansas projects were selected for SEDAP funding at an investment upwards of $3.75 million. Funding for this program is made available, in part, by the bipartisan infrastructure law signed by President Joe Biden. None of Arkansas’ Congressional delegation supported the infrastructure bill.
“The States’ Economic Development Assistance Program is one of DRA’s most diverse tools that allow us to expand and invest in the resiliency of the region’s public infrastructure and workforce,” said Dr. Corey Wiggins, DRA Federal Co-Chairman. “As a result of this investment, over 830 jobs will be created or retained, over 200 people trained, and over 740 families impacted across eight communities, improving residents’ quality of life and increasing economic prosperity in their communities.”
Recipient’s include:
South Arkansas Community College was awarded nearly $359,000 to renovate an existing lab and to purchase state-of-the-art equipment for a new industrial lab technician program that will meet local and regional industry needs, as identified by industry partners, and prepare program participants for high-quality employment.
The city of Walnut Ridge was awarded $509,000 to renovate two downtown buildings that will be used to house a new technology company, Provalus, which plans to hire and train 200 new employees over the next five years.
Prairie County will receive $1.2 million for a county road improvement project that will result in an improved transportation route for employees of White River Energetics, as well as for shipping and supply companies accessing the manufacturing company.
The city of Newport was given more than $378,000 for a public transportation infrastructure project that will support a new business development opportunity in the downtown area.
The University of Arkansas Community College at Batesville has been given $509,000 to develop a commercial vehicle driving range to provide a secure and controlled environment for training the next generation of commercial vehicle drivers.
Union County was awarded nearly $186,000 to support a railroad improvement project that will allow for the construction of a new industrial rail spur facility at El Dorado Industrial Park, resulting in local and regional job creation.
The city of Marshall was awarded $100,000 to replace an existing concreate water storage tank with a new welded steel water storage tank, meeting Arkansas Health Department standards and providing city residents and businesses with a reliable water source and the water supply to meet their personal and business needs.