Growing Alabama allocations topping $25.9 million to drive statewide economic growth

28 Jul 2025

News

Governor Kay Ivey announced today that more than $25.9 million in Growing Alabama funding has been allocated to support economic development projects across 15 communities in Alabama, reinforcing the state’s commitment to long-term job creation and site readiness.

The announcement comes after Governor Ivey addressed professionals of the Economic Development Association of Alabama (EDAA) at the group’s summer conference.

The allocations, made by the Renewal of Alabama Commission, are part of the 2025 Growing Alabama program, which authorizes up to $26 million in funding this calendar year. Over 27% of this year’s allocations were awarded to Targeted Counties, a key focus area in the state’s strategic plan for stimulating growth in rural areas.

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