Costa Announces $3 Million in Federal Funding for Fresno

Fresno, CA – Today, Rep. Jim Costa (CA-16) announced that the city of Fresno is a recipient of a $3,044,202 investment award from the Economic Development Administration (EDA). The grant funding is anticipated to create 327 jobs and $35 million in private investment could be leveraged.

“Cities need the appropriate infrastructure, safe roads and efficient drainage systems, to attract businesses and support a growing economy, said Rep. Jim Costa. “Appropriating funds for our nation’s water and transportation infrastructure is my top priority in Congress, and I applaud Mayor Swearengin for ensuring that important investments are made in Fresno’s infrastructure. This federal funding will have real, positive, and long-term impacts in our community and throughout the San Joaquin Valley.”

“This is exciting news – not only because it’s a confirmation of our good working relationship with the Obama Administration to bring much needed infrastructure money to Fresno, but that the improvements it will pay for directly impact job creation and business growth. It’s just the start of what we believe will be continued investment and advancement in our city,” said Mayor Ashley Swearengin.

This EDA grant award is a competitive grant. The funding will be for investment in the construction of critical road and storm drain infrastructure. Improving the city’s infrastructure is necessary to provide access to an industrial area serving major businesses in Fresno County. The new and improved roadway will enhance the marketability of the San Joaquin Valley region and its assets by enabling existing companies to expand while attracting new industrial development leading to much needed employment opportunities with higher pay for the region’s workforce.