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FISCAL YEAR 2021 AMERICAN RESCUE PLAN ACT


Posted date: Aug 18, 2021

by: Admin My Local Life
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Information from Helen Dobbs, Director of the Cheyenne Community Development Corporation


Under the American Rescue Plan, EDA 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.

American Rescue Plan funding enables EDA to provide larger, more transformational investments across the nation while utilizing its greatest strengths, including flexible funding to support community-led economic development.

With an emphasis on equity, EDA investments made under the American Rescue Plan will directly benefit previously under-served communities impacted by COVID-19.

EDA is making a Coal Communities Commitment, allocating $300 million of its $3 billion American Rescue Plan appropriation to ensure support for these communities as they recover from the pandemic and create new jobs and opportunities, including through the creation or expansion of a new industry sector. This commitment will be fulfilled through $100 million in Build Back Better Regional Challenge grants and $200 million in Economic Adjustment Assistance grants.

EDA has published the following funding opportunities:

Economic Adjustment Assistance
Travel, Tourism and Outdoor Recreation
Indigenous Communities
Build Back Better Regional Challenge
Statewide Planning, Research and Networks
Good Jobs Challenge
Deadlines: Varies based on program.

Economic Adjustment Assistance; Rolling
While EDA encourages eligible applicants to submit their applications as soon as possible, EDA strongly advises eligible applicants to submit complete applications no later than March 31, 2022 so that EDA can review and process the application in time to get a potential award in place prior to deadlines imposed by Congress. Submission by March 31, 2022 is not a guarantee of funding. Any award is subject to the availability of funds. See Section E of this ARPA EAA NOFO regarding EDA's review process.

Travel, Tourism and Outdoor Recreation: Rolling
For EDA Competitive Tourism Grants, there are no application submission deadlines. While EDA encourages eligible applicants to submit their applications as soon as possible, EDA strongly advises eligible applicants to submit complete applications no later than January 31, 2022 so that EDA can review and process the application in time to get a potential award in place prior to deadlines imposed by Congress. Submission by January 31, 2022 is not a guarantee of funding. Any award is subject to the availability of funds. See Section E of this ARPA Tourism NOFO regarding EDA's review process.

Indigenous Communities: September 30, 2022
While EDA encourages eligible applicants to submit their applications as soon as possible, EDA strongly advises eligible applicants to submit complete applications at least by March 31, 2022 so that EDA can review and process the application in time to get a potential award in place prior to deadlines imposed by Congress. Submission by March 31, 2022 is not a guarantee of funding. Any award is subject to the availability of funds. EDA strongly encourages all applicants to start early and contact their EDA representative for assistance. See section E of this Indigenous Communities NOFO regarding EDA's review process and section G of the NOFO for EDA Regional Office Point of Contact (POC) information.

Build Back Better Regional Challenge (Phase 1): October 19, 2021
Statewide Planning, Research and Networks: October 31, 2021
Good Jobs Challenge: January 26, 2022
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