EDA Announces Plans for $3 Billion in American Rescue Plan Funding

On Thursday, 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:

• $1 billion for the Build Back Better Regional Challenge
• $500 million for the Good Jobs Challenge
• $500 million for Economic Adjustment Assistance
• $100 million for Indigenous Communities
• $750 million for Travel, Tourism, and Outdoor Recreation
• $90 million for Statewide Planning, Research, and Networks

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 for one of EDA’s upcoming America Rescue Plan overview webinars, which will be held on July 27 and July 29 at 3 p.m. ET. Additional information can be found on EDA's website, and the NOFOs can be found here.

Foothills Regional Commission to Partner with EDA to Co-host Regional EDA Session on August 9th, 2021

The Foothills Regional Commission, in partnership with the Economic Development Administration (EDA), the Centralina Regional Council, and the Western Piedmont Council of Governments, will be co-hosting a meeting on August 9th, 2021, at Noon, to discuss the new EDA ARP funding opportunities and how we can champion local projects. 

To register for the event, please click here.


 

Grant Opportunities

• GoldenLeaf Foundation: Western Prosperity Zone CBGI Process
• Federal Land and Water Conservation Fund Grant
• FCC Emergency Broadband Benefit Program