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Roe Applauds CARES Act Economic Development Grant to Northeast Tennessee

Press Release

By:
Date:
Location: Johnson City, TN

Today, Rep. Phil Roe, M.D. (R-Tenn.) released the following statement after the U.S. Department of Commerce announced a CARES Act Recovery Assistance grant of $400,000 to the First Tennessee Development District:

"I strongly supported the CARES Act, and I am glad that our region is again seeing another benefit of this legislation. This CARES Act grant will help the First Tennessee Development District plan for and respond to the economic needs of Northeast Tennessee during the coronavirus crisis. Already, we've seen the CARES Act help many business owners keep their employees on the payroll and provide emergency loans to cover immediate losses. I know many business owners in Northeast Tennessee have poured their blood, sweat, and life savings into their business, and I am working tirelessly in Congress to make sure they have the resources they need. This grant will further ensure that our region is on steady footing as we deal with the ongoing economic effects of this virus."

Note: The CARES Act provided $1.5 billion for economic development assistance programs amid the coronavirus pandemic. Rep. Roe was present to support the CARES Act when it passed the House by voice on March 27, 2020, and was signed into law by President Trump that same day. The First Tennessee Development District is a collaborative agency of the governments of Carter, Greene, Hancock, Hawkins, Johnson, Sullivan, Unicoi, and Washington Counties.


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