|Gleason awarded state CDBG funds |
|Posted: Thursday, November 17, 2011 7:45 am |
|Nashville – Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty recently approved a $189,655 Community Development Block Grant to assist in infrastructure improvements in Gleason. |
The funds are a part of more than $23 million approved last week by the state.
“As we work to make Tennessee the No. 1 location in the Southeast for high quality jobs, the proper infrastructure must support existing and future businesses,” Haslam said.
“I am pleased the State of Tennessee is able to partner with our local communities to make these projects a reality.”
The funds will be used for street improvements. Funding for the $191,435 project will include $1,780 in local funds.
The grant dollars were provided by the U.S. Department of Housing and Urban Development and were allocated under a procedure authorized by the Tennessee General Assembly.
“Community development is essential in growing the economy and creating a business friendly environment,” Hagerty said. “CDBG grants allow communities to take the steps needed that will ultimately encourage existing businesses to expand and future companies to relocate and invest in Tennessee.”
The grant was approved following an application by Gleason and has the support of Mayor Jack Dunning, Sen. Roy Herron and Rep. Andrew Holt. U.S. Sen. Lamar Alexander, U.S. Sen. Bob Corker and Congressman Stephen Fincher aided in securing the funds.
Allocation of CDBG funds is based on priorities set at local levels where community needs are best known. The CDBG program is administered in Tennessee by the Department of Economic and Community Development.