EDA: Investing in America grants

U.S. Secretary of Commerce Gina M. Raimondo announced six programs on July 22 that collectively called Investing in America’s Communities that the Economic Development Administration (EDA) will execute to equitably invest $3B in grants it received from the President’s American Rescue Plan. The EDA investment is the largest economic development initiative from the Department of Commerce in decades. Investing in America’s Communities includes: Build Back Better Regional Challenge ($1B); Good Jobs Challenge ($500M); Economic Adjustment Assistance ($500M); Indigenous Communities ($100M); Travel, Tourism and Outdoor Recreation ($750M); and Statewide Planning, Research and Networks ($90M). For more information, visit www.eda.gov/ARPA. For the latest news on EDA’s implementation plans. Communities can apply for these grants. (Source: Economic Development Agency 07/22/12) U.S. Secretary of Commerce Gina Raimondo Announces $3 Billion Investment in America’s Communities | U.S. Economic Development Administration (eda.gov)