U.S. Department of Commerce Invests $19.3 Million in CARES Act Recovery Assistance to Support Coronavirus Pandemic Response and Resiliency Efforts in Texas
WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding $19.3 million in CARES Act Recovery Assistance grants to help the state of Texas prevent, prepare for, and respond to coronavirus.
“EDA is committed to helping communities across the nation implement strategies to mitigate economic hardships brought on by the coronavirus pandemic,” said Dennis Alvord, Acting Assistant Secretary of Commerce for Economic Development. “These EDA investments will accelerate business growth and workforce diversification in Texas communities through investments in critical infrastructure as well as directly support regional efforts to test, treat, and vaccinate against coronavirus.”
“The CARES Act has been a lifeline across Texas and I am happy to see additional investments being made into the program, especially in our district and Eagle Pass,” said Congressman Tony Gonzales (TX-23). “As we focus on reopening our country and rebuilding our economy, it’s imperative we do everything we can to support our local small businesses and the funds awarded today will help augment these efforts.”
The EDA investments announced today are:
This project is funded under the Coronavirus Aid, Relief, and Economic Security (CARES) Act (Public Law 116-136 PDF), which provided EDA with $1.5 billion for economic assistance programs to help communities prevent, prepare for, and respond to coronavirus. 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.
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.