The U.S. Department of Commerce’s Economic Development (EDA) administration has awarded over $10 Million in CARES Act Funding to support economic development and economic recovery in response to the coronavirus pandemic. Investments include:
- $400,000 to help 17 communities in Southeastern Massachusetts
- $400,000 to help the Prince William Sound Region of Alaska
- $400,000 to help Barnstable County, Massachusetts
- $400,000 to help a five-county region in North Central Idaho
- $400,000 to help the Treasure Coast Region of Florida
- $400,000 to help a seven-county region in Southeast Alabama
- $400,000 to help communities in the Eastern Shore Virginia Region
- $400,000 to help an eight-county region in Southwest Tennessee
- $400,000 to help a five-county region in New York
- $400,000 to help a four-county region in South New Jersey
- $400,000 to help an eight-county region in West Virginia
- $400,000 to help the Metropolitan Boston Area
- $400,000 to help a four-county region in Western North Carolina
- $400,000 to help a 10-county region in North Dakota
- $400,000 to help a four-county region in North Carolina
- $400,000 to help a seven-county region in Southwestern North Carolina
- $400,000 to help help a 12-county region in the Piedmont Triad Region in North Carolina
- $400,000 to help Eastern Maine
- $400,000 to help Southeastern Massachusetts
- $399,695 to help the five-county Ozark Region in Missouri
- $377,831 to help the Yuba-Sutter Region in California
- $400,000 to help the Dallas/Fort Worth Metroplex Region
- $400,000 to help the five-county Greater Egypt Region in Illinois
- $400,000 to help the nine-county Kansas City Metropolitan Area
- $400,000 to help an eight-county region in Northwest Pennsylvania
- $300,000 to help the University of Alaska-Anchorage
The CARES Act, signed into law by President Donald J. Trump, provides EDA with $1.5 billion for economic development assistance programs to help communities prevent, prepare for, and respond to the coronavirus pandemic.
On May 7, Secretary Ross announced that EDA is accepting applications for CARES Act Recovery Assistance funding opportunities.
EDA CARES Act Recovery Assistance, which is being administered under the authority of the bureau’s flexible Economic Adjustment Assistance (EAA) (PDF) program, provides a wide-range of financial assistance to eligible communities and regions as they respond to and recover from the impacts of the coronavirus pandemic. For complete information, please visit our recently updated EDA CARES Act Recovery Assistance page.
About the U.S. Economic Development Administration (www.eda.gov)
The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation’s regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA makes investments in economically distressed communities in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.