Summit Highlights Resources for Community and Economic Development
Dec. 9, 2003CHATTANOOGA, Tenn. — Sharing information on available federal programs and resources is the purpose of the two-day Tennessee Valley Regional Resources Summit, co-sponsored by TVA and Rural Development/U.S. Department of Agriculture, which kicked off today in Chattanooga.
Communities in the Tennessee Valley can partner with numerous regional, state and federal agencies on economic development projects. The summit is designed to improve those partnerships, and ensure maximum impact for capital investment and technical assistance to Valley communities.
Along with TVA and the USDA, representatives from the Appalachian Regional Commission, Delta Regional Authority, Economic Development Administration, Environmental Protection Agency, and Housing and Urban Development will discuss their services and programs at the summit.
“TVA’s mission is to promote sustainable economic development, which means more and better jobs for the people of the Tennessee Valley,” said TVA Chairman Glenn McCullough Jr. “All the federal agencies on the program are valuable allies, enhancing economic development, and improving our quality of life. It is essential that we find innovative and better ways to collaborate on projects and leverage resources to maximize their effectiveness for the people we serve.”
Since fiscal year 2000, TVA and its partners have helped attract or retain more than 190,000 jobs, with a capital investment of more than $4.3 billion. Since 1995, TVA has provided more than $150 million in economic development loans for new and expanding industries.
TVA is the nation’s largest public power provider and is completely self-financed. TVA provides power to large industries and 158 power distributors that serve 8.3 million consumers in seven southeastern states.
Media Contacts:
Lucha Ramey, Knoxville (865-632-8385) or TVA News Bureau, Knoxville (865-632-6000)
