US Department of Commerce invests $750,000 in US bailout funds to boost tourism and create jobs in Hogansville, Georgia

US Department of Commerce invests $750,000 in US bailout funds to boost tourism and create jobs in Hogansville, Georgia

WASHINGTON — Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $750,000 grant to the city of Hogansville, Georgia to support the rehabilitation of the vacant Royal Theater. This grant is funded by the American Rescue Plan.

This project will support the long-term recovery of tourism in the area by renovating an existing space to create a centerpiece to better attract cinema and theater goers through architectural improvements, installation of equipment and improvement of infrastructure. The EDA investment will be matched with $250,730 in local funds.

“The travel, tourism and outdoor recreation sector is a critical economic driver for many communities and the Economic Development Administration is pleased to support community-led development strategies designed to boost tourism and build a America better,” the assistant secretary of commerce for economic development said. Alejandra Y. Castillo. “This EDA investment will reinvent the vacant Royal Theatre, bringing tenants and jobs to the community while supporting the local tourism industry.”

“It’s great to see that the US bailout, more than a year after it was signed, is still providing much-needed help to Georgians,” Senator Raphael Warnock said. “This grant will uplift Hogansville’s downtown and tourism industry and I’m pleased to see the Economic Development Administration put businesses first in Georgia.”

This project was made possible through regional planning efforts led by the Three Rivers Planning and Development District (Three Rivers). The EDA is funding Three Rivers to bring the public and private sectors together to create an economic development roadmap to strengthen the regional economy, support private investment and create jobs.

This project is funded through the EDA’s competitive $240 million American Rescue Plan Travel, Tourism, and Outdoor Recreation program. The EDA has awarded $510 million in grants to all 50 states and territories in 2021. Both programs are designed to accelerate the recovery of communities that depend on the travel, tourism, and outdoor recreation sectors.

This project is funded through the EDA’s competitive $240 million American Rescue Plan Travel, Tourism, and Outdoor Recreation program. The EDA has awarded $510 million in grants to all 50 states and territories in 2021. Both programs are designed to accelerate the recovery of communities that depend on the travel, tourism, and outdoor recreation sectors.

About the United States Economic Development Administration (www.eda.gov)
The mission of the United States Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing regions across the country for growth and success in the global economy. An agency of the U.S. Department of Commerce, EDA invests in communities and supports regional collaboration to create jobs for American workers, promote American innovation, and accelerate long-term sustainable economic growth.

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