Thursday, August 21, 2008
Pike County Fiscal Court Receives Funding.
Congressman Harold “Hal” Rogers (KY-05) announced today that the Pike County Fiscal Court will receive a $50,000 Economic Development Administration (EDA) grant to promote economic revitalization in the Big Sandy area. The investment supports the composition of a comprehensive twenty-year economic development plan for Pike County that will guide the region’s future in industry, infrastructure, tourism, education, transportation, housing and community development.
“I have often said, ‘Plan your work and work your plan.’ This federal investment will assist Eastern Kentucky’s leaders in planning out how the region can play a significant role in meeting the growth demands of our nation be they economic, energy, road infrastructure, or otherwise,” stated Rogers. “We can’t simply wait for good things to happen to us; we’ve got to be pro-active, always looking ahead to the next opportunities. EDA has once again proved to be a critical partner in our endeavors to improve the quality of life for families and businesses throughout southern and eastern Kentucky.”
The Economic Development Administration, housed within the U.S. Department of Commerce, works to generate and retain jobs and stimulate industrial and commercial growth in economically distressed areas of the county. The EDA has directed $24.1 million in federal funds to the fifth congressional district since 2001. This total cost for this project is estimated at $100,000.
“I have often said, ‘Plan your work and work your plan.’ This federal investment will assist Eastern Kentucky’s leaders in planning out how the region can play a significant role in meeting the growth demands of our nation be they economic, energy, road infrastructure, or otherwise,” stated Rogers. “We can’t simply wait for good things to happen to us; we’ve got to be pro-active, always looking ahead to the next opportunities. EDA has once again proved to be a critical partner in our endeavors to improve the quality of life for families and businesses throughout southern and eastern Kentucky.”
The Economic Development Administration, housed within the U.S. Department of Commerce, works to generate and retain jobs and stimulate industrial and commercial growth in economically distressed areas of the county. The EDA has directed $24.1 million in federal funds to the fifth congressional district since 2001. This total cost for this project is estimated at $100,000.