U.S. Commerce Secretary Gary Locke today announced a $10 million U.S. Economic Development Administration (EDA) grant to Louisa County, Iowa, to help rebuild the Oakville Bridge and assure businesses that vital transportation routes will remain open in the event of future severe weather events.
“The 2008 floods severely impacted infrastructure in Iowa,” Locke said. “This EDA grant will ensure that an important link for regional commerce remains open during future floods, letting businesses continue to operate and workers continue to work.”
“These funds will not only create good paying jobs immediately, but also will spur economic development in the region for years to come,” said U.S. Representative Dave Loebsack. “Oakville has shown a steadfast commitment to flood recovery and response and these funds will help the community recover stronger and better than before.” Read More