Adobe Stock
Adobe Stock
The grant was awarded on Sept. 27. The EDA describes the grant as follows:
"This EDA investment funds the construction of harbor and channel infrastructure to mitigate damage from Hurricane Harvey by accommodating deeper draft vessels in Seadrift, Texas, a designated Opportunity Zone. By building a bulkhead, a jetty, and dredging the channel, the project helps retain and increase vessel traffic and promotes resiliency in the face of future natural disasters. Once complete, the project will strengthen the regional economy, support private investment, and create jobs."
Alerts Sign-up