$38,000 Rural Business Development Grant (RBDG) Funds in Rural NJ
This investment will enhance economic development in the City of Wildwood
Mt. Laurel, NJ, August 12, 2020 – The United States Department of Agriculture (USDA) is investing $38,000 to prepare design concepts for a pedestrian walkway within the City of Wildwood.
“Many small businesses have been hit hard in recent months. We are happy to partner with the Wildwood Business Improvement District (BID) to help all small businesses along the boardwalk and business district thrive every summer,” stated New Jersey State Director Michael Thulen Jr. “Under the leadership of President Trump and Agriculture Secretary Perdue, USDA has been working tirelessly to be a strong partner to rural New Jersey in building stronger and healthier communities, because we know when rural America thrives, all of America thrives.”
“This study is the first step in building a consumer-friendly pathway that is not only safer for everyone, but good for business,” said Congressman Jeff Van Drew. “I look forward to seeing how this study unfolds and to continue to help improve the lives of our businesses, neighbors and visitors.”
“USDA’s participation in Wildwood’s capital program activities is greatly appreciated. We are very pleased that USDA has recognized the importance of this project and awarded the grant to implement this work now. The ultimate goal is to provide the infrastructure needed to create a safe, attractive corridor linking the Boardwalk,” said Mayor Pete Byron.
Wildwood BID will complete detailed design concepts for the creation of a pedestrian friendly corridor linking the Wildwood Boardwalk to the Pacific Avenue Business District. This connector has been deemed necessary in order to increase foot traffic from the boardwalk to the Pacific Avenue Business District. The completion of the proposed project is intended to enhance the safety, welfare and economic growth of the City of Wildwood. This project is viewed as an "access infrastructure" improvement that must be in place to draw hundreds of thousands of boardwalk and beach visitors to the Pacific Avenue Business District, promoting small business retention and new business attractions.
This program provides grants for rural projects that finance and facilitate development of small and emerging rural businesses, help fund distance learning networks, and help fund employment related adult education programs. To assist with business development, RBDGs may fund a broad array of activities.
USDA Rural Development provides loans and grants to help expand economic opportunities and create jobs in rural areas. This assistance supports infrastructure improvements; business development; housing; community facilities such as schools, public safety and health care; and high-speed internet access in rural areas. For more information, visit www.rd.usda.gov.
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