U.S. Department of Commerce Invests $360,000 in CARES Act Recovery Assistance to Support Statewide Tourism Economic Recovery Strategy in Louisiana
WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $360,000 grant to the Louisiana Office of Tourism, Baton Rouge, Louisiana, to support a statewide economic recovery strategy in a key tourism sector. The project will be matched with $90,000 in local funds.
“This investment comes at a crucial time to help Louisiana’s and our nation’s economy come roaring back,” said Dana Gartzke, Performing the Delegated Duties of the Assistant Secretary of Commerce for Economic Development. “This project will assist the Louisiana Office of Tourism develop a statewide economic development strategy to evaluate the Louisiana Birding Trails, an important source of tourism in Louisiana, and create an online resource to boost economic activity relating to tourism in rural Louisiana.”
The CARES Act, signed into law by President Donald J. Trump, provides EDA with $1.5 billion for economic development assistance programs to help communities prevent, prepare for, and respond to the coronavirus pandemic.
On May 7, Secretary Ross announced that EDA is accepting applications for CARES Act Recovery Assistance funding opportunities.
EDA CARES Act Recovery Assistance, which is being administered under the authority of the bureau’s flexible Economic Adjustment Assistance (EAA) (PDF) program, provides a wide-range of financial assistance to eligible communities and regions as they respond to and recover from the impacts of the coronavirus pandemic. For complete information, please visit our recently updated EDA CARES Act Recovery Assistance page.
About the U.S. Economic Development Administration (www.eda.gov)
The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation's regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA makes investments in economically distressed communities in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.