Northern Arizona tourist destination to receive funding for downtown business district
Sep 25, 2024, 4:05 AM
A view of the Colorado River as it flows around Horseshoe Bend in Page, Arizona. (Photo by Justin Sullivan/Getty Images)
(Photo by Justin Sullivan/Getty Images)
PHOENIX — The northern Arizona city of Page is set to receive federal and local funding to support the redevelopment of its downtown business district, the U.S. Economic Development Administration (EDA) announced Tuesday.
The EDA will provide $5 million in grant money for the project that will be accompanied by $5.9 million in local funds. The nearly $11 million is expected to create 36 jobs, retain 89 others and generate $1.6 million in private investments, according to a release.
“This EDA investment will support a revitalization project that will create jobs, promote tourism and help build regional economic resilience,” U.S. Secretary of Commerce Gina Raimondo said.
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Popular tourist destinations, such as Horseshoe Bend and Glen Canyon National Recreation Park, are minutes away from Page.
“Rural communities like Page are a critical component of our diverse and vibrant economy,” Gov. Katie Hobbs said. “Every corner of Arizona has something to offer, and these funds will help the mom-and-pop shops that are the heart and soul of this community expand their reach and attract new opportunities for growth.
“I know that with these resources, Page will be able to enter a new chapter of prosperity that will create new jobs, grow their economy and lay the groundwork for a brighter future for us all.”
The federal funds arrive via the Disaster Relief Supplemental Appropriations Act of 2023, which provided the EDA with nearly $500 million, much of which was set aside for Hurricanes Ian and Fiona.
