Under the American Rescue Plan, the U.S. Economic Development Administration (ED) was allocated $3 billion in supplemental funding to assist communities nationwide in their efforts to build back better by accelerating the economic recovery from the coronavirus pandemic and building local economies that will be resilient to future economic shocks. EDA is making this funding available through a series of six innovative challenges, which include: Build Back Better Regional Challenge, Good Jobs Challenge, Economic Adjustment Assistance, Indigenous Communities, Travel, Tourism and Outdoor Recreation and Statewide Planning, Research and Networks.
EDA Reference 👉 https://eda.gov/arpa/
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