Tuesday, August 22, 2006

CORNYN ANNOUNCES $1.25 MILLION FEDERAL GRANT FOR VALLEY

McAllen and Mission Receive Funding to Help Boost Economic Development, Develop Water Infrastructure in Valley 

WASHINGTON—The Cities of McAllen and Mission will receive a federal grant of $1,250,000 to develop water infrastructure for border station facilities at the proposed Anzalduas International Crossing, U.S. Sen. John Cornyn announced on Tuesday. The funding, provided through the Department of Commerce’s Economic Development Administration (EDA), is expected to generate dozens of jobs in the area and provide a strong boost for local economic growth.

“This funding is good news for the future of economic development in the Valley,” said Cornyn, a member of the Senate Small Business Committee. “The investment will give a boost to the local economy by creating new jobs, and I applaud the local leaders who worked to secure this funding.”

The EDA will invest the grant funding towards the area’s water infrastructure construction, including the proposed border station facility. This project is expected to expand commerce and industry in the lower Rio Grande Valley by adding new jobs and generating private investment. The grant comes through EDA’s Public Works Program.  

The Public Works Program is a program administered by the U.S. Economic Development Administration, a part of the Department of Commerce. The EDA was established to work with states and localities to generate new jobs, retain existing jobs, and stimulate industrial and commercial growth in economically distressed areas and regions of the United States.

Sen. Cornyn is a member of the following key Senate Committees: Armed Services; Judiciary; Budget, Small Business and Entrepreneurship; and Joint Economic. Cornyn was previously Texas Attorney General, Texas Supreme Court Justice and Bexar County District Judge.

 
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