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Page, Arizona Secures $5 Million for Downtown Redevelopment

2024-09-25 11:35:49.331000

The city of Page, Arizona, has been awarded $5 million in federal funding from the U.S. Economic Development Administration (EDA) to support downtown redevelopment efforts. This funding will be matched by $5.9 million in local funds, bringing the total investment to nearly $11 million. The project is anticipated to create 36 new jobs, retain 89 existing jobs, and generate approximately $1.6 million in private investments. U.S. Secretary of Commerce Gina Raimondo emphasized the project's significance in promoting job creation and enhancing tourism in the area. Arizona Governor Katie Hobbs also underscored the importance of supporting rural communities to foster economic diversity. This funding is part of the Disaster Relief Supplemental Appropriations Act of 2023, reflecting a commitment to revitalizing local economies and improving infrastructure. The redevelopment initiative aims to enhance the downtown district, making it more attractive for residents and visitors alike, thereby boosting the local economy. [efe7e542]

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