Commerce Department allocates another $19.5 million to Houston for hurricane relief - Houston Business Journal:

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million is heading Houston's way courtesy of the U.S. Departmeny of Commerce's Economic Development Administration The funds, that will aid in the economif recovery following hurricanes Ike and Gustav, include: • $10 millioh for The to help create jobs and boosy private investment by making building improvements needed to increasre the efficiency and productivity of the university’s biomedical incubator. $4 million for the Port of Orangwe to develop a transmodal containerized logistics The grant will facilitate the transfe r of containers onto barges as productxs are preparedfor export.
The project is expectede to save or create more than 50 jobs in the according tograntee • $3 million for the Trinitt Bay Conservation District of Anahuacv to build the infrastructure needed to develop the Interstate Highway 10 industria l corridor. • $2.5 milliohn for Nassau Bay to build infrastructure needed for the developmentg of the Nassau Bay town squarscommercial center. The project is expected to create 495 jobs andgeneratwe $150 million in private investment, according to grantere estimates. Last week, the Obama Administration announcedf $20.
9 million of for the Gulf Coasf region to assist inthe