The U.S. Department of Commerce released details today about the President’s fiscal year (FY) 2017 Budget request to Congress, which includes $258 million for the U.S. Economic Development Administration (EDA) to support 21st century economic development through innovative planning, regional capacity building and capital projects.
Of this amount, $215 million is for EDA’s Economic Development Assistance Programs which includes the Public Works, Economic Adjustment Assistance, Partnership Planning, Research and Evaluation Programs as well as EDA’s Regional Innovation Strategies Program. This balanced portfolio of programs gives EDA the flexibility to respond to various regional needs facing communities across the nation.
