Title II, section 209 - economic adjustment assistance the EDA funds support the texamericas east campus rail project with the design and construction of new rail facilities and reconstruction of…

The Economic Development Administration (EDA) awarded a $1,080,688 Project Grant to Texamericas Center on July 8, 2021 under the Economic Adjustment Assistance (CFDA 11.307) federal grant program. The grant funds will support the design and construction of new and reconstructed rail facilities at Texamericas Center's East Campus Rail Project in New Boston, Texas. These rail improvements are intended to promote economic growth at Texamericas Center, a 3,000-acre mixed-use development site, by supporting existing and prospective industrial and commercial businesses. The project is expected to generate approximately $250k in private investment and create 157 new jobs. Additionally, the Northeast Texas Economic Development District of Texarkana, Texas will use a portion of the grant funds to coordinate regional economic development planning efforts between public and private stakeholders.

Title II, section 209 - economic adjustment assistance the EDA funds support the texamericas east campus rail project with the design and construction of new rail facilities and reconstruction of existing rail facilities. These rail improvements are needed to support the growth of industrial and commercial businesses within texamericas center, a XXX-acre mixed use economic development site. This investment is supported by local funds and is expected to created 157 new job opportunities, and generate approximately $250,000 in private investment. The northeast texas economic development district (NETEDD) of texarkana, texas has been an integral part of the project development of this EDA investment. EDA funds NETEDD to bring together the public and private sectors to create an economic development roadmap to strengthen the regional economy, support private capital investment and create jobs.