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:
- August 21, 2020 – U.S. Department of Commerce Invests $17.8 Million in CARES Act Funding to Capitalize Revolving Loan Funds to Help Small Businesses Across Massachusetts Respond to Coronavirus
- August 21, 2020 – U.S. Department of Commerce Invests $2.6 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping Utah Respond to Coronavirus
- August 21, 2020 – U.S. Department of Commerce Invests $1.6 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping Tennessee Respond to Coronavirus
- August 20, 2020 – U.S. Department of Commerce Invests $2.4 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping New Mexico Respond to Coronavirus
- August 20, 2020 – U.S. Department of Commerce Invests $1.2 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping Pennsylvania Respond to Coronavirus
- August 18, 2020 – U.S. Department of Commerce Invests $11.1 Million in CARES Act Funding to Capitalize Revolving Loan Funds to Help Small Businesses Across Montana Respond to Coronavirus
- August 18, 2020 – U.S. Department of Commerce Invests $4.2 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping Oklahoma Respond to Coronavirus
- August 18, 2020 – U.S. Department of Commerce Invests $3.6 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping Oregon Respond to Coronavirus
- August 18, 2020 – U.S. Department of Commerce Invests $3.9 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping Montana Respond to Coronavirus
- August 18, 2020 – U.S. Department of Commerce Invests $1.5 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping Colorado Respond to Coronavirus
- August 18, 2020 – U.S. Department of Commerce Invests $1.95 Million in CARES Act Funding to Capitalize Revolving Loan Funds to Help Small Businesses Across Colorado Respond to Coronavirus
- August 17, 2020 – U.S. Department of Commerce Invests $400,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping Merrimack Valley Planning Commission of Massachusetts Respond to Coronavirus
- August 17, 2020 – U.S. Department of Commerce Invests $400,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping Mississippi River Regional Planning Commission of Wisconsin Respond to Coronavirus
- August 17, 2020 – U.S. Department of Commerce Invests $400,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping Hudson Valley Regional Council of New York Respond to Coronavirus
- August 17, 2020 – U.S. Department of Commerce Invests $400,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping East Central Vermont Respond to Coronavirus
- August 17, 2020 – U.S. Department of Commerce Invests $400,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping Northwest Regional Development Commission of Minnesota Respond to Coronavirus
- August 17, 2020 – U.S. Department of Commerce Invests $400,000 in CARES Act Funding to Boost Economic Development Programs Critical to Helping MidCoast Economic Development District of Maine Respond to Coronavirus
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.