There have been 197 site development grants across the state
The Tennessee Department of Economic and Community Development recently awarded Livingston, TN, a $1,000,000 Site Development Grant for property grading at the city’s industrial site. The city said in a statement says that the grant puts Livingston in a position for success.
“We are one of only six cities selected statewide for this round of funding. This grant positions us to achieve Select Tennessee certification and attract future business investment to our community,” according to the statement.
The grants, totaling more than $6 million, are designed to help communities invest in infrastructure and engineering improvements to land economic development projects and achieve Select Tennessee site certification, according to the State of Tennessee.
“What happens in rural Tennessee matters to all of Tennessee, and today’s grant announcement marks another step forward in creating greater economic opportunity across our state,” said Gov. Lee. “I thank our local leaders for their partnership to drive growth in their communities that will in turn attract future investment and job creation.”
The Site Development Grant program is part of the Rural Economic Opportunity Act, which provides funding to improve the economies of Tennessee’s rural communities. There have been 197 site development grants across the state for over 120 million in assistance and 7,459 new jobs since 2016.
“TNECD’s Site Development program is vital to attracting economic development opportunities in our local communities,” said Commissioner McWhorter. “Just last month, we announced a major project on one of our state’s certified sites – proof that having shovel-ready industrial sites gives Tennessee a competitive edge – and we’re excited that seven more communities are now moving closer to earning this valuable certification.”
The grants awarded this round include:
- Town of Livingston, Livingston Industrial Site, $1,000,000 – Property grading
- City of Bartlett, Bartlett Innovation Park, $100,000 – Due diligence
- City of Milan, Milan Arsenal Property, $241,769 – Master planning and sewer infrastructure design
- Knox County Industrial Development Board, Eastbridge Business Park, $3,962,056.25 – Property grading
- Morgan County Economic Development Board, Darnell Property, $658,922.40 – Property purchase
- Town of Winfield, Winfield Industrial Park, $100,000 – Due diligence
File photo.
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