Peru, Ill., receives $2 million federal grant for water infrastructure improvements
(UI) — The U.S. Department of Commerce has allocated a $2 million grant to the city of Peru, Illinois, aimed at enhancing water infrastructure to bolster business expansion and job growth in the area.
The grant, facilitated by the Economic Development Administration (EDA), will primarily fund the North Trunk Line Deep Sewer Project, providing upgraded water and sewer access to around 50 local businesses.
With the EDA investment being supplemented by $4.4 million in local funds, the project is anticipated to yield significant economic benefits. It is projected to generate 80 new jobs, retain nearly 900 existing positions, and attract $2 million in private investment, according to estimates provided by the grantee.
U.S. Secretary of Commerce Gina Raimondo emphasized the Biden-Harris Administration's commitment to infrastructure as a cornerstone for fostering inclusive economic growth. The project, part of President Biden's "Investing in America" agenda, aims to fortify Illinois' water infrastructure while fostering job creation.
Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo highlighted the importance of locally-driven strategies in driving economic opportunity. She underscored the project's role in bolstering the regional economy across six counties in North Central Illinois.
Illinois Governor JB Pritzker applauded the federal investment, emphasizing its significance in addressing infrastructure gaps and spurring job creation in smaller communities like Peru.
Senators Dick Durbin and Tammy Duckworth echoed the sentiment, emphasizing the transformative impact of federal investments in water infrastructure on community resilience and economic prosperity.
Representative Lauren Underwood emphasized the project's role in ensuring clean and reliable water access, particularly amidst public health challenges. She pledged to continue advocating for resources to support community well-being and economic development.
The project's realization owes much to the collaborative efforts led by the North Central Illinois Council of Governments (NCICG), which orchestrates regional planning initiatives to strengthen the economy, attract private investment, and foster job creation.
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