Delta Regional Authority

DRA

2012 Delta Regional Authority (DRA) State Economic Development Assistance Program Investments in the New Orleans Region

The Delta Regional Authority is a federal-state partnership that is congressionally mandated to help create jobs, build communities, and improve lives in the 252 counties and parishes of the Delta. The investments come through the DRA's States Economic Development Assistance Program (SEDAP). With 45 Local Development Districts as front-line project managers, these investments by the Delta Regional Authority support job creation and community development projects. In the past ten project cycles, the Authority created or retained nearly 17,000 jobs. They leveraged $2.2 billion in other public and private investment with DRA projects, trained almost 4,000 for a 21st century workforce and helped more than 25,000 families gain access to clean water and sewer service.

This year the greater New Orleans region received two investments through the State Econmomic Development Assistance Program (SEDAP). They were:

  • New Orleans BioInnovation Center
    DRA investment: $70,000
    Total Project Cost: $88,000
    NOBIC, a nonprofit wet lab incubator will expand its technical assistance for commercializing technology to biotech start-ups.

  • Downtown Development District
    DRA investment: $40,000
    Total Project Cost: $850,000
    Improvements to infrastructure along Girod Street will facilitate the development of a large scale infill project – the South Market District – adjacent to the Loyola Streetcar line, creating jobs and bringing housing stock to the area.
Font size  A -   A +            
Economic Development
Comprehensive Economic
Development Strategy
Studies and Plans
Resources and Incentives
Enterprise Zone
Map Series
New Market Tax Credit
Map Series
Information Databases
  »  University Asset Inventory
rpc@norpc.org