Industrial sites in several Black Belt areas and elsewhere are set to benefit from 29 grants totaling $23.5 million under the Site Evaluation and Economic Development Strategy (SEEDS) program.
The grants were approved by the State Industrial Development Authority (SIDA) and will be matched with $17.4 million in local contributions.
“SEEDS was launched to be an important tool that supports our strategic efforts to secure high-impact economic growth projects that make a real difference in the lives of our citizens and in the future of communities around the state,” said Governor Ivey in an announcement on Thursday.
“Though it was launched just last year, SEEDS is already delivering major benefits by ensuring we remain competitive for these projects, and I’m confident this second round of allocations will deliver even more big wins for Alabama.”
Fayette, Dadeville, Demopolis, Troy, Epes and Enterprise will receive SEEDS site assessment grants.
SEEDS development grants valued at $22 million will go to infrastructure improvements, land purchases and site grading in Auburn, Opelika and Montgomery, which will all contribute a combined $10.8 million in matching funds.
Sites in Macon, Lawrence and Fayette counties will receive development grants totaling $6.1 million.
“By investing in site readiness, we’re not just preparing land — we’re preparing communities for long-term economic success,” said Ellen McNair, Secretary of the Alabama Department of Commerce.
“This latest round of SEEDS funding will help cities and rural communities alike attract transformative industries, creating opportunities that will benefit Alabamians for generations. At the same time, we are keeping a close watch on industrial site demand and working with local partners to ensure Alabama stays ahead of the curve.”
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