Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to the city of McCall, Idaho, for transportation infrastructure improvements to support increased business accessibility and growth.
This project will facilitate reconstruction of McCall’s failing 1st Street roadway, install adjacent sidewalks and streetlights, and develop a 55-space public parking lot in the city’s downtown core. The EDA investment will be matched with $534,898 in state and local funds, and is expected to retain 300 jobs, according to grantee estimates.
“President Biden is committed to ensuring that our communities are provided with the resources they need to strengthen and grow their economies,” said Secretary of Commerce Gina Raimondo. “This EDA investment will improve access to businesses in McCall, creating jobs and providing economic resilience.”
“The Economic Development Administration plays an important role in supporting locally-developed strategies designed to stimulate American innovation and entrepreneurial activity,” said Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo. “This project will support critical improvements to local transportation infrastructure, making the economy stronger and more resilient.”
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.