The Department of Commerce Economic Development Administration awarded a $5.6 million Project Grant to the Perry County Port Authority doing business as Hoosier Southern Railroad under the Economic Adjustment Assistance program (CFDA 11.307). The funding will support railroad replacement projects in Tell City, Indiana. The Economic Adjustment Assistance program provides infrastructure and planning assistance to regions experiencing adverse economic changes, which may occur suddenly or over time. The adverse impacts can result from various economic shifts, and this award will assist the community through replacing railroad infrastructure.
Generated 1/7/24, 10:19 AM