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State announces 10 new site development grants

SIte Development

Seven municipalities are among the recipients of approximately $3.1 million in new Site Development Grants from the Tennessee Department of Economic and Community Development.  

The grants are designed to help communities invest in infrastructure and engineering improvements to land economic development projects and achieve Select Tennessee site certification

“When we provide rural communities with the tools needed to attract new jobs and investment to our state, more Tennesseans have opportunities to thrive,” said Gov. Bill Lee. “I thank our General Assembly members for their partnership in funding 10 additional site development grants and look forward to seeing the economic growth and prosperity that will result from these projects.” 

The Site Development Grant program, part of the Rural Economic Opportunity Act, works in tandem with TNECD’s Select Tennessee program. Since 2016, TNECD has awarded 143 Site Development Grants across the state, totaling more than $56 million in assistance to local communities and generating nearly 5,600 new jobs for Tennesseans.  

“Congratulations to the communities receiving funding through the latest round of the Site Development Grant program,” said TNECD Commissioner Stuart McWhorter. “Having an inventory of shovel-ready industrial sites is an essential component of the recruiting process, and we stand ready to support these communities as they invest in their infrastructure and advance towards achieving Select Tennessee site certification.” 

The grants awarded this round include: 

Location Grant Amount Purpose

Benton County Industrial Board

$100,000 Due diligence studies at Smith Property
Bolivar $92,872 Due diligence at the Hardeman County Industrial Park
Industrial Board of Crockett County $399,150 Property purchase at Friendship Industrial, Bivens Site
Lincoln County $1 million Property grading and preparation at the Burlington Site
McKenzie Industrial Development Board $417,525 Property grading and preparation at McKenzie Airport Industrial Park
Industrial Development Board of McMinnville-Warren County $29,640 Due diligence studies at Elam Industrial Site
Paris-Henry County Industrial Committee $647,015 Access road construction, extend water, and sewer utilities at Paris-Henry County Industrial Park
Tusculum-Greeneville-Greene County Industrial Development Board $100,000 Due diligence studies at Greene Valley Development Center
Wayne County $95,594 Due diligence studies at Wayne County Industrial Park
Greenfield-Weakley County Economic Development Board $248,400 Property purchase at Greenfield Pentecost Site

Applications were reviewed by an advisory committee made up of TNECD, Austin Consulting, the Tennessee Valley Authority, Tennessee Department of Environment and Conservation and Tennessee Department of Transportation. 

Each application was supported by the community’s senator and representatives in the Tennessee General Assembly.