Over $70 Million Awarded to Support Economic Recovery Across U.S. and Territories

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WASHINGTON, D.C. — The Department of Commerce’s Economic Development Administration recently announced over $70 million in CARES Act Recovery Assistance, Disaster Recovery, and Public Works Program grants to support businesses and communities adversely affected by the coronavirus pandemic and natural disasters, and bolster public works projects to spur economic growth.

Officials state these grants provide critical gap financing for local companies, support infrastructure improvement projects, and strengthen workforce development programs to help create jobs and generate private investments in communities across the country.

“We are faced with an unprecedented pandemic affecting millions of Americans and businesses, a record number of natural disasters striking our country, and a tremendous need for infrastructure to create new opportunities,” stated Commerce’s Office of Public Affairs. “These grants are a step forward to advance a stronger economy for all and help businesses and communities build back better.”

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For a full list of grants awarded, go to https://www.eda.gov/news/press-releases/.

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