U.S. Department of Commerce Invests $3.52 Million to Protect Businesses From Flooding in Bristol, New Hampshire - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
September 24, 2020 Newswires
Share
Share
Tweet
Email

U.S. Department of Commerce Invests $3.52 Million to Protect Businesses From Flooding in Bristol, New Hampshire

Targeted News Service (Press Releases)

WASHINGTON, Sept. 24 -- The U.S. Department of Commerce's Economic Development Administration issued the following news release on Sept. 23:

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department's Economic Development Administration (EDA) is awarding a $3.52 million grant to the Town of Bristol, New Hampshire, to make flood control infrastructure improvements needed to protect the downtown commercial district. The EDA grant will be matched with $500,000 in state funds and $380,000 in local matching funds.

"The Trump Administration is committed to helping American communities impacted by natural disasters obtain the modern infrastructure they need to encourage business attraction and growth," said Secretary of Commerce Wilbur Ross. "This project will fund improvements to Bristol's flood control infrastructure to strengthen the area's physical and economic resiliency in the face of future natural disasters."

"This EDA investment will support critical improvements to Bristol's sewer and roadway infrastructure that will mitigate the effects of flooding on the local business community," said Dana Gartzke, Performing the Delegated Duties of the Assistant Secretary of Commerce for Economic Development. "The project includes the installation of new sewer lines, stormwater management and roadway improvements to help Bristol protect its commercial district during storms and decrease businesses' vulnerability to flood-related disasters."

"The people of New Hampshire appreciate the Federal support to address disaster-related concerns, and specifically to help ensure our critical infrastructure is resilient," said Governor Chris Sununu. "These types of investments provide results in so many important ways. We look forward to the successful completion of these projects and seeing the results for years to come."

"Flooding can easily be the last straw for a small business," said Senator Jeanne Shaheen. "I'm very glad to see this new funding awarded to Bristol which will help provide some peace of mind to Bristol business owners. This project is about local economic development and the well-being of Bristol's downtown. Securing investments in New Hampshire infrastructure projects is one of my top priorities in the Senate and I'll continue to fight for resources to bolster our economy and help our small businesses."

"This $3.5 million federal grant to upgrade Bristol's flood control infrastructure will help protect Bristol's businesses from devastating losses," said Senator Maggie Hassan. "As Granite State businesses continue to face economic hardships as a result of the COVID-19 pandemic, I will keep working to strengthen our resiliency to natural disasters, such as flooding, that could harm our economic growth and recovery."

"This federal grant is an important investment in the town of Bristol to help protect its local businesses from flooding," said Congresswoman Annie Kuster (NH-02). "Flooding poses a serious threat to businesses and homes in New Hampshire, and this funding will enable Bristol to invest in updated and improved flood control infrastructure to protect the town's local economy. I will continue working to improve our state's infrastructure and safeguard our communities from natural disasters."

This project is funded by the Additional Supplemental Appropriations for Disaster Relief Act of 2019 (Pub. L. 116-20) (https://www.congress.gov/116/plaws/publ20/PLAW-116publ20.pdf), which provided EDA with $600 million in additional Economic Adjustment Assistance (EAA) Program (https://www.eda.gov/pdf/about/Economic-Adjustment-Assistance-Program-1-Pager.pdf) Program funds for disaster relief and recovery for areas affected by Hurricanes Florence, Michael, and Lane, Typhoons Yutu and Mangkhut, wildfires, volcanic eruptions, and other major natural disasters occurring in calendar year 2018, and tornadoes and floods occurring in calendar year 2019, under the Robert T. Stafford Act. Please visit EDA's Disaster Supplemental webpage for more information.

Older

View From Pa: There’s An Election In 41 Days And We Still Don’t Know What The Rules Are

Newer

Sen. Schatz: Republicans Rushing to Fill Supreme Court Seat to Undermine Affordable Care Act

Advisor News

  • How OBBBA is a once-in-a-career window
  • RICKETTS RECAPS 2025, A YEAR OF DELIVERING WINS FOR NEBRASKANS
  • 5 things I wish I knew before leaving my broker-dealer
  • Global economic growth will moderate as the labor force shrinks
  • Estate planning during the great wealth transfer
More Advisor News

Annuity News

  • An Application for the Trademark “DYNAMIC RETIREMENT MANAGER” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
  • Product understanding will drive the future of insurance
  • Prudential launches FlexGuard 2.0 RILA
  • Lincoln Financial Introduces First Capital Group ETF Strategy for Fixed Indexed Annuities
  • Iowa defends Athene pension risk transfer deal in Lockheed Martin lawsuit
More Annuity News

Health/Employee Benefits News

  • New MD laws coming into effect New Year’s Day 2026
  • Letters: How can anyone defend Trump?; Casino’s ‘dealer school’ a bad bet
  • Congress didn’t throw a lifeline on health care. Why you should act now
  • A SNAPSHOT OF SOURCES OF COVERAGE AMONG MEDICARE BENEFICIARIES
  • CONGRESS MUST RETURN FROM THE HOLIDAYS WITH A PLAN TO EXTEND THE ENHANCED PREMIUM TAX CREDITS AND PROTECT AFFORDABLE, QUALITY COVERAGE OPTIONS FOR CANCER PATIENTS AND SURVIVORS
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • An Application for the Trademark “HUMPBACK” Has Been Filed by Hanwha Life Insurance Co., Ltd.: Hanwha Life Insurance Co. Ltd.
  • ROUNDS LEADS LEGISLATION TO INCREASE TRANSPARENCY AND ACCOUNTABILITY FOR FINANCIAL REGULATORS
  • The 2025-2026 risk agenda for insurers
  • Jackson Names Alison Reed Head of Distribution
  • Consumer group calls on life insurers to improve flexible premium policy practices
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Slow Me the Money
Slow down RMDs … and RMD taxes … with a QLAC. Click to learn how.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

Press Releases

  • Two industry finance experts join National Life Group amid accelerated growth
  • National Life Group Announces Leadership Transition at Equity Services, Inc.
  • SandStone Insurance Partners Welcomes Industry Veteran, Rhonda Waskie, as Senior Account Executive
  • Springline Advisory Announces Partnership With Software And Consulting Firm Actuarial Resources Corporation
  • Insuraviews Closes New Funding Round Led by Idea Fund to Scale Market Intelligence Platform
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2025 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet