Status of Funds Update for American Rescue Plan Programs

Due to the continued high volume of applications and interest EDA has received for its programs funded through the American Rescue Plan, EDA is providing the following status update on its Economic Adjustment Assistance and Indigenous Communities programs.

Economic Adjustment Assistance Program

March 31, 2022 marked the suggested deadline for EDA’s Economic Adjustment Assistance program and EDA closed the program at that time. EDA received application submissions well in excess of available appropriations, totaling over $2 billion in demand across the country, or over 4 times the $500 million available through this program. Due to the high volume of responses and EDA’s limited available funds, EDA will not reopen the program for new applications.

If a community is currently working on an application that is eligible and responsive to this program, the application may be eligible under EDA's regular programming. EDA encourages communities to connect with their local Economic Development Representative (EDR). EDRs can advise how to best move forward and if a project is suitable for other EDA funding opportunities.

Indigenous Communities Program

EDA has also received application submissions well in excess of available appropriations for the Indigenous Communities Program, totaling over $400 million in demand across the country. This also accounts for over 4 times the $100 million available through this program. Due to the high volume of responses and EDA’s limited available funds, EDA is no longer accepting applications for this program as of April 19, 2022.

If a community is currently working on an application that is eligible and responsive to this program, the application may be eligible under EDA's regular programming. EDA encourages communities to connect with their local Economic Development Representative (EDR). EDRs can advise how to best move forward and if a project is suitable for other EDA funding opportunities.

Closed Programs

• Build Back Better Regional Challenge: Phase 1 finalists have been selected for the $1 billion Build Back Better Regional Challenge, and they have submitted their Phase 2 proposals, which were due on March 15, 2022.
• Good Jobs Challenge: Applications for the $500 million Good Jobs Challenge were due on February 10, 2022.
• Statewide Travel, Tourism and Outdoor Recreation: EDA awarded $510 million in Statewide Travel, Tourism and Outdoor Recreation Grants in 2021.
• Statewide Planning: EDA has also awarded the $59 million in Statewide Planning grants in 2021.
• Competitive Travel, Tourism and Outdoor Recreation: EDA closed submission for this program as of 10:00 a.m. ET on February 10, 2022 due to high demand and limited availability of funding.

NOTE: EDA’s American Rescue Plan programs are designed 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. For more information on EDA’s six innovative programs, please click here.

Other EDA Funding Opportunities

EDA has several other programs open with funding available to support communities. For more information, please visit: https://eda.gov/programs/eda-programs/.