Strengthen and Expand Infrastructure Through Federal Infrastructure Grants
6 Mar 2023
Any local community’s ability to work toward positive economic development hinges upon the presence of a fully functioning infrastructure to facilitate its basic necessities. This includes hard infrastructure like sufficient roads and highways, in addition to a strong electrical grid, sufficient water, and, more recently, broadband coverage for all. Economic developers in communities with an aging or insufficient infrastructure should consider applying for federal grant opportunities as quickly as possible.
Once these essential components are satisfied, long-term economic development can begin to take place, transforming once-struggling rural communities into thriving hubs that developers will want to invest in.