Central Louisiana News

U.S. Senator Bill Cassidy, M.D. (R-LA) has announced that Louisiana will receive $3.3 million from the U.S. Economic Development Administration (EDA) for economic development in South Louisiana. The funding will be allocated to two specific projects aimed at supporting business growth and workforce training in the region.

The Chennault International Airport Authority in Lake Charles will benefit from a $2.5 million grant, which will be used to expand the airport's fire suppression capacity. This expansion is crucial for the airport's growth and will support the creation and retention of more than 1,200 jobs. Additionally, it is expected to generate $5.9 million in private investment. Senator Cassidy, who wrote a letter of support for the project, emphasized the positive impact this funding will have on the local economy.

Thrive New Orleans, on the other hand, will receive $750,000 to support workforce training and infrastructure solution development. This investment is expected to create over 1,100 jobs and generate $250 million in private investment. The project will be matched with $187,500 in local funds, ensuring a comprehensive approach to addressing workforce needs and improving infrastructure in New Orleans.

Senator Cassidy expressed his optimism about the economic benefits these projects will bring to Louisiana, stating, "By investing in Louisiana's infrastructure and businesses, we are building an economy for 2050. This funding will create jobs and make the New Orleans and Lake Charles communities a place for families to thrive and attractive for investment."

The allocation of these funds highlights the commitment of both federal and local authorities to supporting economic development in Louisiana. By investing in key areas such as infrastructure and workforce training, the state aims to strengthen its economy and attract further private investment. The projects supported by this funding will not only create jobs but also pave the way for long-term economic growth and prosperity in South Louisiana.