Abraham announces $1.5 million grant to develop area near CenturyLink, IBM in Monroe
“Congressman Ralph Abraham, M.D., R-Alto, announced Friday that the federal Economic Development Administration (EDA) has awarded the City of Monroe with a grant that’s anticipated to stimulate $20 million in economic development.
“Interstate 20 is quickly becoming a new cyber corridor in the United States, with CenturyLink and IBM leading the way. This project will result in more economic growth with new commercial and industrial development in Northeast Louisiana. But best of all - we can expect more high-paying jobs to come to Monroe. I commend EDA for awarding this grant and for the local stakeholders who worked with us to make it a reality, Dr. Abraham said.”