South Amboy was awarded a $4.9 million grant on Aug. 23 for road and sewer infrastructure improvements to spur economic development.
The grant was awarded through the U.S. Department of Commerce’s Economic Development Administration and funded via the American Rescue Plan.
The project will provide the infrastructure needed to advance three industrial projects, including the construction of two warehouse distribution centers. The grant will be matched with $1.7 million in local funds with officials estimating that it will create 390 jobs while generating $1.1 million in private investment.
“This EDA investment will promote business expansion and job creation in South Amboy, building a stronger, more robust regional economy,” said Secretary of Commerce Gina Raimondo.
“Investing in infrastructure catalyzes growth in our local economies and communities, a critical part of New Jersey’s COVID-19 pandemic recovery,” said Gov. Phil Murphy. “In order to sustain the growth of our economy, we must generate good-paying new jobs and make proactive infrastructure upgrades that not only boost efficiency, but cultivate the safe, healthy working conditions our residents deserve.”
U.S. Rep. Frank Pallone Jr., D-6th District, and Mayor Fred Henry held a news conference in South Amboy to announce the news.
“I’m glad to see that South Amboy will receive $4.9 million from the American Rescue Plan to help the city rebuild its infrastructure and provide better services for residents,” said Pallone. “I commend Mayor Henry for recognizing and capitalizing on good opportunities like this one that help make South Amboy a great place to live.”
“As we continue to reclaim former industrial sites along our waterfront to make them available for their best use, Congressman Pallone has been a tireless supporter of our efforts,” said Henry. “This funding from the EDA would not have been possible without his advocacy and support.”
“EDA is pleased to partner with South Amboy as it works to provide infrastructure businesses need to grow and thrive,” said Alejandra Castillo, assistant secretary of commerce for economic development.