Resources & Information about U.S. EDA’s American Rescue Plan Funding

Posted on: August 3rd, 2021 by NADO Admin

On Thursday July 22, the U.S. Department of Commerce Economic Development Administration (EDA) announced the release of the Notice of Funding Opportunities (NOFOs) that will guide the administration of the $3 billion in supplemental funding that EDA received through the American Rescue Plan. U.S. Secretary of Commerce Gina Raimondo announced a collection of programs – collectively called Investing in America’s Communities – through which EDA will invest the $3 billion to assist communities across the country. This EDA investment is the largest economic development initiative from the Department of Commerce in decades and is intended to help communities across the country to ‘build back better.’ Investing in America’s Communities includes:

As part of the collection of programs, EDA is also making a Coal Communities Commitment and is allocating $300 million to ensure support for these communities as they recover from the pandemic and other economic shifts.

To learn more about EDA and the American Rescue Plan funding opportunities, register here for an upcoming EDA overview webinar on August 4 at 2:00 pm ET. Additional EDA webinars are also scheduled in the coming days that will focus on specific program NOFOs. These program specific webinars include:

 More information can be found on EDA’s website, and the NOFOs can be found here.

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