Brown: Renew funds for EDA

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Brown: Renew funds for EDA

Record Herald – U.S. Sen. Sherrod Brown (D-OH) says there’s a need to preserve funding for the Economic Development Agency (EDA), which has helped support more than 20 job-creating Ohio projects over the last five years, including one in Fayette County.

Legislation is currently pending to renew funding for the EDA. On Wednesday during a teleconference, Brown also announced two amendments to strengthen EDA’s ability to revitalize former auto communities and create “business incubators” in hard-hit regions of Ohio and the country.

“Just like the federal government responds to natural disasters, the Economic Development Administration is on the frontline of responding to economic disasters in communities,” Brown said. “If we are going to strengthen our competitiveness, we will need to equip businesses with the tools they need to thrive and attract private investment. We must work to create higher-skill, living wage jobs, and that’s what the EDA is designed to do.”

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