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Friday, September 20, 2019
   
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Economic Development

Economic Assistance On the Way

Category: Economic Development

jack_kingstonCongressman Jack Kingston announced on July 17 that the Defense Appropriations Committee approved $75 million in economic assistance for Hinesville and Liberty County.

The funding will be used by the Department of Defense’s Office of Economic Adjustment (OEA) to help the area withstand the economic impact levied by the Army’s recent reversal on stationing a new brigade at Fort Stewart.

"Hinesville and Liberty County have stepped up when the military asked them to and now it's time for the Pentagon to step up and help Hinesville," Kingston said.  "The Office of Economic Adjustment exists to help communities recover from the base closures and the Army's reversal on the fifth brigade which was devastating to the area.  This is not a handout but a helping hand, and will allow the area to recover from this situation on a strong footing."

OEA is the Department of Defense's primary source for assisting communities that are adversely impacted by Defense program changes, including base closures or realignments, base expansions, and contract or program cancellations. With the funding, the OEA will offer technical and financial assistance for development projects in order to help diversify the local economy.

In addition to the funding, the bill requires the Department of Defense to report on all mitigation efforts underway as well as the feasibility of other combat or support units relocating to Fort Stewart.

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