Economic Development Administration's Economic Recovery Assistance for COVID-19 Impacted Communities [May 21, 2020] [open pdf - 720KB]
From the Document: "As a part of the federal disaster response and recovery assistance, the Economic Development Administration's (EDA's) Economic Adjustment Assistance (EAA) program can be used to support efforts to respond to the COVID-19 [coronavirus disease 2019] pandemic. The Coronavirus Aid, Relief, and Economic Security (CARES) Act (P.L. 116-136) provided $1.5 billion in supplemental economic recovery funding for the EAA program. This Insight provides an overview of the EAA program and highlights how community stakeholders may apply for EAA funds to support economic development efforts in response to the COVID-19 pandemic."
CRS Insight, IN11402
Congressional Research Service: https://crsreports.congress.gov/