(Washington D.C.) - The U.S. Economic Development Administration has awarded a $2.5 million grant to the City of La Porte for water infrastructure improvements to support manufacturing business growth in the region.
The grant will provide for critical infrastructure upgrades at the Thomas Rose Industrial Park, supporting business expansion and job creation, EDA officials said.
The grant will be matched with $2.5 million in local funds and is expected to create 185 jobs, retain 230 jobs, and generate $50 million in private investment, according to grant estimates.
“The Biden-Harris Administration’s Investing in America agenda is focused on providing all communities with the opportunities and resources they need to thrive in today’s economy, while preparing them for success in the future,” said U.S. Secretary of Commerce Gina Raimondo.
Indiana First District Congressman Frank Mrvan gave thanks to Mayor Tom Dermody along with other leaders in the city and U.S. Department of Commerce for investing in the region’s infrastructure.
“I look forward to continuing to work in a collaborative effort to build on this positive impact to create more good-paying job opportunities for everyone in our region,” Mrvan said.
