EDA Announces Economic Recovery Corps and Equity Impact Investments Programs

The Economic Development Administration has announced a new funding opportunity that includes two programs that will strengthen equitable economic development strategies across the nation. This Notice of Funding Opportunity (NOFO) funds two distinct national programs designed to support underserved communities and populations across the country in developing successful economic development plans and projects. The Economic Recovery Corps program will add staff resources to local organizations focused on improving economic resilience and competitiveness in distressed regions across the country. The Equity Impact Investments program will provide technical assistance to enable organizations serving underserved populations and communities to participate in economic development planning and projects. EDA seeks collaborative and innovative partners to build and launch these new initiatives. We welcome different perspectives and approaches, so please share this opportunity with your networks.