The US Department of Commerce Economic Development Administration (EDA) is awarding a $1.5 million grant to the East Montgomery County Improvement District (EMCID) to construct a 30,000-square-foot office building at the East Montgomery County Industrial Park in New Caney. The grant will help to facilitate job creation and retention. EMCID is matching the grant with $375,000 in local funds.
“The Trump Administration is continuing to help rebuild Texas, facilitating the state’s recovery from the devastation of Hurricane Harvey,” said Commerce Secretary Wilbert Ross. “By expanding the office space available in New Caney, East Montgomery County businesses will be able to grow and employ more of the local workforce.”
“After Harvey, Texas showed our resilience in the face of setbacks and our determination to come back stronger than ever,” said Congressman Kevin Brady. “Texas is the nation’s number-one exporter and this new investment in Texas’ future will not only help the local residents, but the overall economic health of our country. I thank the administration for their continued support and I look forward to seeing the growth and opportunity that this grant will bring to our workers and community.”
EDA grants are awarded through a competitive process based upon the application’s merit, the applicant’s eligibility and the availability of funds. More information on EDA’s grant process and investment process can be found at eda.gov.