U.S. Secretary of Commerce Gina M. Raimondo today announced six programs, collectively called Investing in America’s Communities, that the Economic Development Administration (EDA) will execute to equitably invest the $3 billion it received from President Joe Biden’s American Rescue Plan.
Contact Upper Savannah COG for assistance with any potential application of any relevant projects. Contact USCOG Economic Recovery Specialist Cason Wright at (864) 941-8065 or firstname.lastname@example.org for additional information.
According to an EDA news release today, Investing in America’s Communities includes:
Build Back Better Regional Challenge ($1 billion) will capitalize on American ingenuity and American workers by providing a transformational investment to regions across the country to revitalize their economies.
Good Jobs Challenge ($500 million) is designed to help get Americans back in good-paying jobs. The program will develop and strengthen regional workforce training systems and sector-based partnerships with a focus on programs targeted at women, people of color and historically underserved communities.
Economic Adjustment Assistance ($500 million) grants will help hundreds of communities across the nation plan, build, innovate, and put people back to work through projects tailored to meet local needs.
Indigenous Communities ($100 million) program will work hand-in-hand with Tribal Governments and Indigenous communities to develop and execute economic development projects they need to recover from the pandemic and build economies for the future.
Travel, Tourism and Outdoor Recreation ($750 million) program will focus on revitalizing the hard-hit travel, tourism, and outdoor recreation industries and accelerate the recovery of communities that rely on these sectors.
Statewide Planning, Research and Networks ($90 million) grants include funding for state planning efforts as well as grants to build Communities of Practice to extend technical assistance to support EDA’s work with grantees.
To learn more about EDA and the American Rescue Plan Funding Opportunities, sign up for the EDA 101 and America Rescue Plan Overview webinar, which will be held on July 27 and July 29.
For more information, visit www.eda.gov/ARPA for the latest news on EDA’s implementation plans.