Tuesday, August 19, 2008

Economic Development Continues in Rural Texas

Today I traveled to the City of Comanche to present a $150,000 check that will fund improvements to the city’s downtown area.

The funding was provided through the Texas Department of Agriculture’s Texas Capital Fund, a great tool to ensure economic growth in every region of our state. This award will give a boost to Comanche and is an example of good business and great partnerships at work in Texas.

Dr. Raymond Stepp, Mayor of Comanche, expressed his gratitude for the award, stating that rehabilitation of Comanche's square will continue the revitalization of his community.

The Texas Capital Fund provides more than $10 million in competitive awards each year to boost economic development in small Texas cities and counties. The program provides funding for projects under four different programs: Infrastructure Development, Real Estate Development, Main Street Improvements and Downtown Revitalization. For more information about the Texas Capital Fund, contact the TDA Rural Economic Development Division, P.O. Box 12847, Austin, Texas 78711, or call the toll-free Rural Assistance line at (877) 428-7848.

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