More than $7 million to be invested into MO Bootheel economy - KFVS12 News & Weather Cape Girardeau, Carbondale, Poplar Bluff

More than $7 million to be invested into MO Bootheel economy

(Source: Raycom Media) (Source: Raycom Media)
MISSOURI (KFVS) -

The Delta Regional Authority and some local partners will invest more than $7 million into strengthening the Missouri Bootheel economy.

The new federal and local investments will build a new wastewater treatment facility in Portageville as well as create fiber optic capability in Marquette's tech district in Cape Girardeau.

"The Delta Regional Authority has been a strong partner in helping my administration grow Missouri's rural economy, and these new investments continue that focus," said Missouri Governor Jay Nixon. "From strengthening our infrastructure to making sure our communities have cutting-edge technology that will help them compete in the worldwide market, these strategic investments will bolster communities by enhancing opportunities for economic development in this region and throughout our state."

The DRA will invest $200,000 into building the new wastewater treatment facility. The leveraged public investment will be $5,600,000.

Building fiber optic capability in the Marquette Tech District will receive an investment of $200,000 with a leveraged public investment of $1,416,632.

The investments are made through the DRA States' Economic Development Assistance Program, the agency's main federal funding program that invests in basic public infrastructure, transportation infrastructure, workforce development, small business and entrepreneurship, and health access projects.

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