The U.S. Department of Commerce's Economic Development Administration (EDA) awarded a $387,500 grant to the city of Minot and the Souris Basin Planning Council in North Dakota, to help develop a disaster recovery plan and strategy that will support the long-term economic resiliency of the city. Minot and the surrounding area were devastated by severe floods in June 2011 that damaged many businesses in the city's downtown and rendered numerous residential areas uninhabitable.
"This EDA grant will help the Minot region recover and is an excellent example of the Obama administration's commitment to helping communities rebuild and recover in the wake natural disasters," said Deputy Assistant Secretary of Commerce for Economic Development and Chief Operating Officer for the Economic Development Administration, Matt Erskine. "The economic recovery strategy to be developed by Minot and the Souris Basin Planning Council will help ensure that the city will be rebuilt as a vibrant, diversified, disaster-resistant commercial center."
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