WASHINGTON (AP) — U.S. Commerce Secretary Gary Locke says an additional $19.5 million in economic developments funds will be used as part of the ongoing recovery efforts along the Texas Gulf Coast.
That money is on top of the $20.9 million the Obama Administration announced last week for the region that hurricanes Ike and Gustav devastated last year. Locke says these dollars will enhance the area's competitiveness, improve productivity and create jobs.
Nearly half of the money, about $10 million, is for building improvements needed at University of Texas Medical Branch at Galveston's biomedical incubator.
Other funds will aid the Port of Orange, the Trinity Bay Conservation District of Anahuac and Nassau Bay.
Copyright 2009 The Associated Press.