Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the city of Bardstown, Kentucky, to make critical sewer infrastructure upgrades need to serve the local business community. According to grantee estimates, the project is expected to create 611 jobs and attract $369.5 million in private investment.
“Reliable and modern infrastructure is fundamental to business growth and success,” said Secretary of Commerce Wilbur Ross. “The Trump Administration knows that grant will help the Bardstown economy grow and benefit that area.”
“I am proud to join the U.S. Department of Commerce in announcing this grant to improve infrastructure in the city of Bardstown,” said Congressman Brett Guthrie (KY-02). “It has been great to see the Bardstown community growing in recent years, and this grant will only make it easier for businesses to operate in Bardstown. This is a huge opportunity for Second District businesses and residents, and I want to congratulate the Lincoln Trail Area Development District and the city of Bardstown for securing this competitive grant.”
This investment will fund the construction of approximately 17,000 feet of sewer lines and upgrades that will support a number of industrial companies. This project was made possible by the regional planning efforts led by the Lincoln Trail Area Development District. EDA funds the Lincoln Trail Area Development District 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.
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 makes investments in economically distressed communities in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.