Tribal Business News: EDA announces $5M funding opportunity to boost economic development in Indigenous communities

Tribal Business News: EDA announces $5M funding opportunity to boost economic development in Indigenous communities Main Photo

6 Oct 2024


News

The U.S. Economic Development Administration (EDA) has unveiled a new $5 million funding opportunity aimed at supporting capacity-building and non-construction projects in Indigenous communities. 

This new tribally focused initiative, part of an Oct. 1 update to the Public Works and Economic Adjustment Assistance Program (PWEAA), expands on the success of the Assistance to Indigenous Communities (AIC) program created by the American Rescue Plan Act. Drawing inspiration from ARPA’s $100 million Indigenous Communities Challenge, which awarded 51 grants in fiscal 2021 and faced significant demand, the new $5 million tribal set-aside refines and extends that earlier effort.

Click here to view the original article from the Tribal Business News.