Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $5 million grant to the city of Reno, Nevada, to make water infrastructure improvements needed to support regional business and job growth. This EDA grant, to be matched with $9.8 million in local investment, is expected to create 144 jobs and generate $56.3 million in private investment.
“The investment announced today will increase the capacity of the Reno Stead Water Reuse Facility to serve existing and future commercial business needs in the Reno-Sparks metro area,” said Dennis Alvord, Acting Assistant Secretary of Commerce for Economic Development. “This project will support business expansion, decrease the need to import water from outside the region, and lessen the likelihood that future flood events will impact local businesses.”
“I’m proud that my office was able to work with the Department of Commerce’s Economic Development Administration to get these critical funds to the City of Reno and the Reno Stead Water Reuse Facility to better serve residents and businesses in the North Valleys,” said Senator Catherine Cortez Masto. “This grant funding will help create local jobs in a time when COVID-19 has decimated job growth in Nevada. I am committed to working for Nevada’s communities to bring more resources to our state that create good paying jobs, protect our natural resources, and support improving our infrastructure.”
“Water is a critical resource in Nevada that allows our communities to operate and thrive,” said Senator Jacky Rosen. “This grant from the Economic Development Administration will help to support Nevada’s water infrastructure, allowing for greater growth and development. By increasing the ability to process waste water, this funding will also help to create a cleaner and healthier Nevada.”
“Thanks to the U.S. Economic Development Administration for going above and beyond for the City of Reno,” Congressman Mark Amodei (NV-02). “A deserving application has been rewarded. This grant is a needed shot in the arm for the Biggest Little City’s infrastructure. It is also welcome news on the jobs front for the construction phase of the project. Well done all around.”
This project will facilitate infrastructure improvements that will increase the processing capacity of the Reno Stead Water Reuse Facility from two to four million gallons of wastewater per day, allowing the facility to support current and future business interests, including the proposed Reno Stead Airport Logistics and Manufacturing Park and commercial growth and business expansion planned in the nearby Reno-Sparks Indian Colony.
About the U.S. Economic Development Administration (www.eda.gov)
The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation’s regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA makes investments in economically distressed communities in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.