LITTLE ROCK, Ark. (AP) — The Delta Regional Authority says it will invest more than $9.7 million in six projects in Arkansas to help create jobs in the Delta region.
Authority officials announced Thursday more than 60 new investments will be used to convert about $10 million in federal resources into $66 million in total public and private investment for the region, which includes eight states along or near the Mississippi River.
In Arkansas, the $9.7 million is broken down into $1.5 million in DRA resources and $8.2 million in leveraged investments for six projects.
Officials said some funding will be used to finalize the Northeast Arkansas Convention Center in Jonesboro, where hotels and restaurants are being added. About $400,000 is being leveraged into $5 million in investments.
Officials estimate 400 jobs will be created.
©2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
