ABSTRACT

Bolster EDA Capacity to Spur Economic Activity and Recovery During the Economic Downturn and the COVID-19 Public Health Emergency   [open pdf - 0B]

From the Document: "The National Association of Development Organizations (NADO) urges policymakers to provide supplemental appropriations for the U.S. Department of Commerce Economic Development Administration (EDA) at levels that are significantly higher than EDA's annual appropriation. NADO recommends providing at least $1 billion in supplemental funding to EDA, with an emphasis on the programs listed below. EDA is well-positioned to play an important role in helping small businesses and local entities that are struggling with sudden declines in revenue and cash flow issues during the economic downturn resulting from this public health crisis. EDA is also an ideal federal partner through which to provide economic stimulus funding for community development and economic recovery."

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National Association of Development Organizations
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National Association of Development Organizations: https://www.nado.org/
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