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Disaster Recovery

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Opportunity Zones

Read how EDA has made Opportunity Zones a priority

$1.5 Billion in CARES Act Funds Available to Aid Communities Impacted by COVID-19 Help our nation respond to and recover from COVID-19. View job opportunities. EDA is deploying $15 million to support communities impacted by nuclear plant closures EDA has redesigned its Regional Innovation Strategies (RIS) program. The newly launched Build to Scale (B2S) program builds regional economies through scalable startups. Applications for the 2020 competition are now being accepted!. EDA Makes Available $587 Million in Disaster Supplemental Funding for 2018 Disasters and 2019 Tornadoes and Floods.

 

News/Events

 

Please visit our CARES Act Recovery Assistance page for comprehensive information on our available CARES Act funding!

August 10, 2020

U.S. Department of Commerce Invests $4.4 Million in Tennessee to Support Local Strategies to Spur Business and Job Growth in Opportunity Zones

August 10, 2020

U.S. Department of Commerce Invests $1.2 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping Arizona Respond to Coronavirus

August 8, 2020

U.S. Department of Commerce Invests $1.65 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping Alaska Respond to Coronavirus

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Highlights

Commerce Secretary Wilbur Ross: Three Tennessee communities will receive Opportunity Zone grants

The Tennessean (8/10/2020)

South Florida Regional Planning Council secures $5.9 million to capitalize South Florida’s COVID-impacted Business Revolving Loan Fund

South Florida Caribbean News (8/8/2020)

Eastgate awarded $400,000 for COVID-19 response efforts

Mahoning Matters (8/8/2020)

Construction begins on 63-acre business park in Winchester

Sentinel Source (8/8/2020)

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