September 27, 2021
Manchin, Capito Announce EDA Grant for Paden City Economic Development
Washington, DC – U.S. Senators Joe Manchin (D-WV) and Shelley Moore Capito (R-WV), members of the Senate Appropriations Committee, today
announced $79,200 from the U.S. Economic Development Administration (EDA) to
support Paden City as they implement property improvements and transform a
vacant industrial space into a manufacturing or related business space.
“The EDA continues to be a strong partner for West Virginia through the investments in our state, our businesses and our people. I am pleased EDA is investing in Paden City to update a vacant industrial space that will attract new manufacturers or businesses to the community. I was proud to support their efforts and I look forward to seeing the positive impacts of this investment on the local economy. As a member of the Senate Appropriations Committee, I will continue to advocate for funding to spur economic development in the Mountain State,” Senator Manchin said.
“As Paden City continues to grow,
this EDA investment will help the community better identify areas for new
development, particularly in Opportunity Zones. In turn, those developments
will help boost the local economy,” Senator Capito said. “As Ranking
Member of the EPW Committee, which oversees EDA, I’m proud to see this award
support Paden City and its economic potential.”
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