Rep. Troy Carter explains how funding for minority-owned businesses in new infrastructure act will support community

Louisiana News

BATON ROUGE, La (BRPROUD) – On Monday, Congressman Troy Carter Sr. finished the last leg of his “Building a Better Louisiana Infrastructure Tour” at Southern University speaking on uplifting minority-owned businesses.

“It is my belief that this will set aside the American economy and build it up for success for centuries to come,” Carter said.

The $1.2 trillion infrastructure bill could give Louisiana almost seven billion dollars for areas needed most, including roads, bridges, transit, and flood protection, just to name a few. Carter shared how this funding will support minority-owned businesses right here in Baton Rouge.

“Giving our small businesses and local businesses an opportunity to participate in the rebuilding of our great community is key to a strong recovery and a stronger community that is truly fair for everyone,” Carter said.

Carter was joined by Mayor-President Sharon Weston Broome, Louisiana Minority Development Agency Center Director Charletta Fortson, and others. Broome said this means big things for Baton Rouge.

“These dollars are going to be transformative in so many different areas,” said Broome.

Carter’s “Building a Better Louisiana Infrastructure Tour” has included events in St. James Parish and Baton Rouge.

State Representative Edmond Jordan said this money will help more than small businesses.

“You want to solve the crime, you want to solve poverty, you want to fix education, you have to have access to capital, where does that start? That starts with our minority businesses within our communities,” Jordan explained.

“All in all, by passing the Infrastructure Investment and Jobs Act President Biden and Congress has taken a bold step to make a once in a life a generation investment in minority-owned businesses,” said Carter.

When asked how long it will take to get money into the hands of small businesses, Broome said that information will be forthcoming, perhaps in the first quarter of 2022.

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