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June 12, 2017

Inhofe Praises $1.3 Million EDA Award to Ponca City

WASHINGTON — U.S. Sen. Jim Inhofe (R-Okla.), senior member of the Senate Environment and Public Works (EPW) Committee, today praised the announcement of the Department of Commerce’s Economic Development Administration (EDA) awarding the Ponca City Development Authority a $1.275 million grant to renovate Ponca City’s City Center building.

Inhofe wrote a letter to EDA last September encouraging the agency to fund this project, which is estimated to create and retain 69 jobs.

“I applaud Ponca City for being awarded this important EDA grant to renovate their City Center Building. This grant will both create jobs and help revitalize downtown Ponca City,” Inhofe said. “By providing the city with a building classified as the highest quality on the market—which it does not currently have—this investment will attract and expand commercial industries while spurring further investment in the surrounding area.”

“This grant offers us an unprecedented opportunity to significantly diversify the local economy of Ponca City,” said Ponca City Development Authority Chair Mark Southard.  “We are so grateful for the visionary leadership from Sen. Inhofe, the EDA and all of the local partners in the community that supported this effort.  Small town America can succeed by leaning into change, and we’re looking forward to the next chapter in Ponca City’s bright future.”

“The Trump administration is committed to not only retaining jobs in this country, but also to creating new opportunities through infrastructure improvements,” said Commerce Secretary Wilbur Ross. “I look forward to seeing how this renovated building will help businesses grow and thrive.”

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