Washington D.C. - Congressman Dave Loebsack (IA-02) and Congresswoman Cheri Bustos (IL-17) today announced that the Bi-State Regional Commission based in Rock Island will receive $169,884 for regional economic development planning. The Bi-State Regional Commission is comprised of Muscatine and Scott Counties in Iowa and Henry, Mercer, and Rock Island Counties in Illinois. The funds come from the Economic Development Administration's (EDA) Partnership Planning grant program.
"I am pleased that the Bi-State Regional Commission received this funding to continue their important work of developing and implementing a comprehensive economic development strategy for the region," said Congressman Dave Loebsack. "We must focus on growing our economy and putting folks back to work. Investing in economic development planning, rural development and supporting public-private partnerships will both help strengthen the regional economy and promote job creation."
"I'm pleased to announce this important investment in the economy of our region," said Congresswoman Cheri Bustos. "Today's investment will continue our goal of fostering collaboration to create jobs, bolster our manufacturing sector, grow our economy and contribute to a thriving middle class."
Specifically, this funding will support the development and implementation of a comprehensive economic development strategy (CEDS) in the region. The CEDS process is designed to bring together the public and private sectors in the creation of an economic development roadmap to diversify and strengthen the regional economy.
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