Governor Ivey announces more than $20 million in Growing Alabama funding for 10 sites

What this means

MONTGOMERY, Alabama – More than $20 million is being awarded to 10 economic development organizations across the state to help ready industrial sites for new investments and high-quality jobs, Governor Kay Ivey announced Tuesday. The awards are part of the Growing Alabama Tax Credit program, which uses private dollars to improve publicly owned sites for economic development. Donors receive a tax credit equal to the value of their contributions to approved economic development organizations.

Official release

Source material from Alabama Department of Commerce. The wording below is the issuer’s statement.

MONTGOMERY, Alabama – More than $20 million is being awarded to 10 economic development organizations across the state to help ready industrial sites for new investments and high-quality jobs, Governor Kay Ivey announced Tuesday.

The awards are part of the Growing Alabama Tax Credit program, which uses private dollars to improve publicly owned sites for economic development. Donors receive a tax credit equal to the value of their contributions to approved economic development organizations.

Eligible projects for the Growing Alabama program include site preparation and infrastructure improvements on public land for industrial use, capital improvements at inland ports and intermodal facilities, and agricultural center construction and maintenance.

The program promotes economic development by funding industrial site readiness, a key factor for companies considering the state for a new facility or an expansion.

“As more companies seek to locate and expand in Alabama, Growing Alabama helps local communities large and small prepare for them,” Governor Ivey said. “From Gulf Shores to The Shoals, this latest round of funding is further proof of not just the state’s commitment to expansion, but that of Alabamians who want to see their communities succeed.”

The Alabama Department of Commerce administers the Growing Alabama program and applications are approved by the Renewal of Alabama Commission chaired by Commerce Secretary Ellen McNair.

In the latest round of funding, more than 29% is directed at Targeted Counties, continuing the administration’s focus on creating economic development opportunities in rural communities.

“Having shovel-ready sites to attract new investment keeps Alabama and local communities competitive and growing,” Secretary McNair said. “This funding allows local leaders to move quickly on their priority economic development projects. Growing Alabama continues to create investments and high-quality jobs that better the state and the lives of Alabamians.”

The 2026 Growing Alabama awardees are:

Shoals Economic Development Authority: $4,455,935 for site work and public infrastructure at Shoals Research Airpark

City of Luverne: $1,230,057 for site work and public infrastructure at the Luverne Industrial Park

Dothan-Houston County Airport Authority, Inc.: $2,239,893 for site work and public infrastructure at the Dothan-Houston County Airport

Craig Field Airport and Industrial Authority: $161,465 for site work and public infrastructure at Craig Field Industrial Park

City of Alexander City: $380,000 for site work and public infrastructure at the former Russell Corporation Campus

Industrial Development Board of the City of Albertville: $3,200,655 for site work and public infrastructure at Industrial Park East

Industrial Development Board of the City of Dothan: $187,298 for site work and public infrastructure at Houston County Distribution Park

City of Gulf Shores: $2,140,570 for site work and public infrastructure at the Gulf Shores Business and Aviation Park

Montgomery Airport Authority: $2,903,400 for site work and public infrastructure at an industrial site

Industrial Development Board of the City of Montgomery – $3,600,000 for site work and public infrastructure at the Del Sol Site

In July 2025, Governor Ivey announced nearly $25.9 million in Growing Alabama funds for 15 communities around the state.

In two separate announcements in 2024, communities in Conecuh, Lauderdale, St. Clair and Elmore counties received $4 million and Auburn, Brundidge, Enterprise, Fort Payne, Greene County, Coosa County and Walker County received $15.5 million in Growing Alabama Funding.

A total of $29 million is available under the Growing Alabama program this calendar year.

For information about the Growing Alabama program, contact Shelley Shores, Incentives and Compliance Manager at the Alabama Department of Commerce, at 334-242-0473 or shelley.shores@commerce.alabama.gov.

Release text attributed to Alabama Department of Commerce. Consult the official publication for any subsequent corrections or updates.