ABSTRACT

Economic Development Administration's American Rescue Plan (ARP) Act Grant Programs [July 28, 2021]   [open pdf - 1MB]

From the Document: "On July 22, 2021, Secretary of Commerce Gina Raimondo announced the availability of approximately $3 billion of grant funding [hyperlink] to help communities with recovery efforts in response to economic injury caused by the Coronavirus Disease 2019 (COVID-19) pandemic. Federal assistance is now available to eligible state and local stakeholders through six new programs administered by the Economic Development Administration (EDA). According to the EDA [hyperlink], the programs will fund projects that facilitate job creation, advance innovation, build infrastructure, train workers, and enhance economic resiliency, with an emphasis on projects that serve communities disproportionately impacted by the pandemic. This Insight provides an overview of the EDA's plan for allocating the supplemental appropriations approved in the American Rescue Plan Act (P.L. [Public Law] 117-2 [hyperlink])."

Report Number:
CRS Insight, IN11712
Author:
Publisher:
Date:
2021-07-28
Series:
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
Help with citations