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

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Washington, DC, March 24, 2009 | comments

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.

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