Muhlenberg County Fiscal Court Awarded Coal Communities Commitment Program Funding
Congratulations to Muhlenberg County Fiscal Court for their $169,600 investment award. This EDA investment supports the Muhlenberg County Fiscal Court with developing a competitive and sustainable industrial park through a comprehensive master plan, feasibility study and marketing package to diversify the economy and ensure economic resiliency following significant impact from the coal economy and COVID-19 pandemic in Greenville, Kentucky. Once completed, the project will help the region create and save jobs and advance economic resiliency to an area that has been impacted by the decline in the coal industry.
|Title:||Coal Communities Commitment Program –Comprehensive Master Plan|
|DOC Bureau:||Economic Development Administration|
|Applicant:||Muhlenberg County Fiscal Court|
|Contact Information:||Amy Frogue, Associate Director|
(270) 886-9484; [email protected]
|City/County, State:||Greenville/Muhlenberg County, KY|
|U.S. Congressional District||1|
|EDA Investment Amount:||$169,600|
|Total Project Cost:||$212,000|
|Anticipated Impact/Outcome:||Supports redevelopment and revitalization in the region to address the economic development needs of communities adversely affected by the coronavirus pandemic.|
Description: This EDA investment supports the Muhlenberg County Fiscal Court with developing a competitive and sustainable industrial park through a comprehensive master plan, feasibility study and marketing package to diversify the economy and ensure economic resiliency following significant impact from the coal economy and COVID-19 pandemic in Greenville, Kentucky. Once completed, the project will help the region create and save jobs and advance economic resiliency to an area that has been impacted by the decline in the coal industry.
Under the American Rescue Plan, EDA was allocated $3 billion in supplemental funding to assist communities nationwide in their efforts to build back better by accelerating the economic recovery from the coronavirus pandemic and building local economies that will be resilient to future economic shocks. American Rescue Plan funding enables EDA to provide larger, more transformational investments across the nation while utilizing its greatest strengths, including flexible funding to support community-led economic development.
This EDA investment is funded out of the American Rescue Plan’s $300 million Coal Communities Commitment focused on supporting coal-reliant communities’ expansion into new industry sectors and recover from the pandemic. EDA’s Coal Communities Commitment allocates $300 million of EDA’s $3 billion American Rescue Plan appropriation to support coal communities as they recover from the pandemic and to help them create new jobs and opportunities, including through the creation or expansion of a new industry sector. Specifically, EDA has dedicated $100 million of its Build Back Better Regional Challenge funds and $200 million of its Economic Adjustment Assistance funds to directly support coal communities.
More information on EDA’s grant process and investment process can be found at www.eda.gov.
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