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Economic Development Administration (EDA) Announces Ongoing American Recovery and Reinvestment Act Funding
EDA invested $1.454 million in American Recovery and Reinvestment Act (ARRA) funds to Chemung County Industrial Development Association and Chemung County, New York for the construction of infrastructure to service undeveloped industrial-zoned land along the Interstate 86 corridor in Chemung County. The construction will allow business development and the creation of much-needed higher-wage jobs.
EDA Information Related to the American Recovery and Reinvestment Act of 2009
Overview of the American Recovery and Reinvestment Act of 2009
The American Recovery and Reinvestment Act of 2009 (Recovery Act) was signed into law by President Obama on February 17, 2009. It is an unprecedented effort to jumpstart our economy, create or save millions of jobs, and put a down payment on addressing long-neglected challenges so our country can thrive in the 21st century. The Act is an extraordinary response to promote economic recovery and growth, and includes measures to modernize our nation's infrastructure, enhance energy independence, expand educational opportunities, preserve and improve affordable health care, provide tax relief, and protect those in greatest need.
How to Apply
As of September 30, 2009, EDA has awarded funds to expend the full amount of appropriations provided pursuant to the American Recovery and Reinvestment Act. EDA will consider additional applications only in the unlikely event a currently funded application encounters intractable administrative difficulties and the award is deobligated.
Recovery Act at Work
Implementing the Recovery Act
The Economic Development Administration (EDA) has been appropriated $150 million under the Recovery Act to provide grants to economically distressed areas across the nation. Priority consideration will be given to those areas that have experienced sudden and severe economic dislocation and job loss due to corporate restructuring. The funds will be disbursed through the agency's traditional grant making process and will support efforts to create higher-skill, higher-wage jobs by promoting innovation and entrepreneurship and connecting regional economies with the worldwide marketplace.
Agency Plans and Reports
Weekly Reports, Including Major Communications
Learn more about other Department of Commerce Recovery Act Programs at www.commerce.gov/recovery
The Recovery Act (Section 1553 of Division A, Title XV, of the Recovery Act, P.L. 111-5) provides protections for employees of non-federal employers making specified disclosures relating to possible fraud, waste, or abuse of Recovery Act funds. The Act requires any non-federal employer receiving Recovery Act funds to post a notice of the rights and remedies provided under the Act. A whistleblower poster can be found at: http://www.oig.doc.gov/OIGPublications/
EDA Recovery questions: Contact EDA Public Affairs