EDA provides strategic investments that foster job creation and attract private investment to support development in economically distressed areas of the United States.
Under this FFO, EDA solicits applications from both rural and urban areas to provide investments that support construction,
credit:
non-construction, technical assistance, and revolving loan fund projects under EDAs Public Works and Economic Adjustment Assistance programs.
Grants made under these programs are designed to leverage existing regional assets to support the implementation of economic development strategies that advance new ideas and creative approaches to advance economic prosperity in distressed communities.