Menendez, Booker, Norcross Announce $1.5M to Advance Major Camden Redevelopment

Menendez, Booker, Norcross Announce $1.5M to Advance Major Camden Redevelopment

Federal EDA funding follows July awarding of $16.2M TIGER grant


NEWARK, NJ – U.S. Senators Bob Menendez and Cory Booker, and Congressman Donald Norcross, today announced the awarding of $1,469,347 from the U.S. Economic Development Administration (EDA) to the City of Camden and Cooper’s Ferry Partnership to fund street improvements in downtown Camden.  The project will provide connections to the region’s major transportation center, revitalize the area, and support initiatives that expand the competitiveness of the existing industrial clusters.

“Smart federal investments like this will bring jobs to Camden and spur tens of millions in economic growth,” said Sen. Menendez.  “This is a highly-competitive grant program, and Mayor Dana Redd and her administration deserve credit for developing bold and innovative plans to move Camden forward.  I will continue to support efforts to further Camden’s renaissance, expand economic opportunity and improve the lives of local residents."  

“As a former mayor, I know that cities like Camden serve as economic engines for the region that power job creation and economic development,” said Sen. Booker.  “This is part of a series of federal funding that will help boost Camden’s resurgence by making key investments in our infrastructure networks and pave the way towards continued growth while attracting new businesses and families.”

“By announcing this award, I’m thankful that the U.S. Economic Development Administration (EDA) sees what the rest of us in South Jersey see for Camden--an American city rising to new heights and preparing for its best days.  This award will complement other funding opportunities that are literally providing the foundation upon which we are building a better future for the residents, businesses, and visitors of Camden City and its neighboring communities,” said Rep. Norcross.

The EDA funding is projected to create 40 new jobs and leverage an additional $80 million in private investment.

“This is great news for Camden yet again,” Mayor Dana L. Redd said.  “Thanks to the tireless advocacy of Sens. Menendez and Booker and Rep. Norcross, this grant, combined with other various funding sources, allows the City to make much needed infrastructure repairs in the North Camden neighborhood.” 

Earlier this month, the federal lawmakers and Mayor Redd toured a ripped-up North Camden block in need of repair following the awarding of a $16.2 million Transportation Investment Generating Economic Recovery (TIGER) grant in July from the U.S. Department of Transportation (USDOT) to launch the Camden Connections for the Future Project that will upgrade Camden’s aging infrastructure, spur economic development and enhance the quality of life for residents.

The Camden Connections for the Future Project will reconstruct a network of streets covering approximately two miles north of the Ben Franklin Bridge, integrating complete and green street concepts.  Phase 1 will improve the 7th St. gateway connecting the bridge and North Camden neighborhood with downtown Camden.  Phase 2 will focus on road improvements to Cooper Poynt, upgrading vehicular, pedestrian and bicycle infrastructure, while Phase 3 will improve traffic flow along Cooper St., the main artery running through downtown Camden.

EDA grants are awarded through a competitive process based upon the application’s merit, the applicant’s eligibility, and the availability of funds.  More information on EDA’s grant process and investment process can be found at www.eda.gov.

 

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