Economic Development
Strong
investment in the 252 counties and parishes served by the Delta
Regional Authority has helped to improve the quality of life and boost
economic development opportunities. The main investment tool used by the
Delta Regional Authority is the States’ Economic Development Assistance
Program (SEDAP), formerly known as the Federal Grant Program.
To Apply or learn more about SEDAP, visit the interactive online application portal.
Under federal law, at least 75 percent of DRA funds must be invested in
economically distressed counties and parishes. Half of the funds are
targeted to transportation and basic infrastructure improvements. The
SEDAP funds projects in four categories:
1. Basic Public Infrastructure
2. Transportation Infrastructure
3. Business Development
4. Workforce Development
With
45 Local Development Districts as front-line project managers,
these investments by the Delta Regional Authority support job creation
and community development projects. In the past nine project cycles, the
Authority created over 6000 jobs and retained nearly the same number of
jobs. We leveraged $1.4 billion in private investment with DRA projects
and helped 17,000 families gain access to clean water and sewer
service.
Applications for the new SEDAP project cycle will be accepted beginning April 9, 2012. DRA is taking a proactive role in bringing accountability,
compliance, and transparency to the project application process with an
interactive application portal.
To Apply or learn more about SEDAP, visit the interactive online application portal.
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