NASHVILLE, Tenn. – Jackson Energy Authority is receiving $773,500 for sewer infrastructure at Airport Industrial Park.
Tennessee Gov. Bill Lee and Deputy Gov. and Department of Economic and Community Development Commissioner Stuart C. McWhorter announced Jackson as one 10 recipients of Site Development Grant (SDG) funding.
Ten grants, totaling more than $13 million, are designed to help communities invest in infrastructure and engineering improvements to land economic development projects and achieve Select Tennessee site certification.
“Our administration has made significant investments to strengthen the competitiveness of communities across Tennessee, specifically in our rural areas,” said Gov. Lee. “We appreciate the local leaders who are laying the groundwork for future economic development and positioning their communities to attract new investment and job creation.”
The SDG program is part of the Rural Economic Opportunity Act, which provides funding to improve the economies of Tennessee’s rural communities. Since 2016, TNECD has awarded 220 SDGs across the state, totaling over nearly $150 million in assistance to local communities and generating 8,471 new jobs for through projects that landed on sites improved through the program.
“Access to a shovel-ready site can be the deciding factor in whether a company chooses Tennessee or another state,” said Deputy Gov. and Commissioner McWhorter. “I applaud the communities receiving grants today for their commitment to preparing for future economic growth and investment through TNECD’s Site Development Grant program, and I look forward to seeing the impact these investments will have in their regions.”
