U.S. Commerce Secretary Announces
$1.5 Million to Miami, Florida

U.S. Commerce Secretary Don Evans today announced a $1.5 million economic development grant to Miami-Dade County, Fla. The investment will help the county construct and install sanitary sewer lines to better serve the business community.

“The Department of Commerce is pleased to partner with the people of Miami. President Bush believes one way to create jobs is to grow the economy by encouraging investments in local communities,” said Evans.

The investment is expected to create 330 jobs and attract $57 million in private investments to the seaport in Miami-Dade County, Fla.

The Commerce Department’s Economic Development Administration (EDA) funded the grant. EDA serves as a venture capital resource to meet the economic development needs of distressed communities throughout the United States. EDA partners with states, units of local government and community nonprofit organizations in economically distressed areas, regions and communities in order to alleviate conditions of poverty and substantial and persistent unemployment and underemployment.

Additional information on how EDA investments are helping distressed communities create a positive and sustainable economic future can be accessed at: http://www.doc.gov/eda.