Kennedy, Kerry, Frank and McGovern Announce $60,000 Federal Grant to Southeastern Regional Planning and Economic Development District to Strengthen Regional Economy

Senators Edward M. Kennedy and John F. Kerry and Congressmen Barney Frank and James McGovern announced today that the Southeastern Regional Planning and Economic Development District (SRPEDD) will receive a grant of $60,000 from the Economic Development Administration of the U.S. Department of Commerce. The funds will be used to establish a development strategy that supports private capital investment and job creation in the region.

Senator Kennedy said, -With these funds, communities in Southeastern Massachusetts will be in a position to become a more powerful presence in the New England economy in the years ahead, and I look forward to the results.-

-Cities and towns in Southeastern Massachusetts can use this funding to create jobs, jobs, and jobs while protecting natural and historic resources. My colleagues and I will continue to ensure that economic development funding continues to flow into the region,- said Senator Kerry.

Frank said, -I'm pleased that SPREDD has received this economic development grant, and I will continue to do everything I can to support job growth and retention in southeastern Massachusetts, an area which has been hit particularly hard during the recent economic downturn.-

-SRPEDD is an important part of our economic development strategy in Southeastern Massachusetts,- Rep. McGovern said. -These communities have been hit particularly hard during this recession, and I'm pleased that the Department of Commerce has provided this funding.-

The Economic Development Administration is a source of capital to enable cities and towns across the country to respond more effectively to their economic development needs. Its mission is to -lead the federal economic development agenda by promoting innovation and competitiveness, preparing American regions for growth and success in the worldwide economy.-

For more information on the Southeastern Regional Planning and Economic Development District, please visit www.srpedd.org.