[1st-mile-nm] EDA Funding

[Richard Lowenberg]

$1.5 Billion in New Grant Funding Available from Economic Development 
Administration for Broadband & Other Projects

https://www.ctcnet.us/blog/1-5-billion-in-new-grant-funding-available-from-economic-development-administration-for-broadband-other-projects

The recently passed Coronavirus Aid, Relief, and Economic Security 
(CARES) Act added $1.5 billion to an existing grant program of the US 
Department of Commerce’s Economic Development Administration’s (EDA).

This is a significant opportunity, both because of the size of the 
allocation and its breadth of eligibility. The grants are available to 
local and state governments, non-profits, and other non-commercial 
entities that have a compelling case for using infrastructure projects 
(including broadband initiatives) to ameliorate the economic effects of 
the coronavirus crisis.

This is also an opportunity that demands quick action. EDA will receive 
applications and make awards on a rolling basis, so applicants with 
projects in advanced planning stages (and even those with a strong 
concept and an ability to quickly develop a project plan) should move 
rapidly to submit their applications.

(snip)


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Richard Lowenberg, Executive Director
1st-Mile Institute     505-603-5200
Box 8001, Santa Fe, NM 87504,
rl at 1st-mile.org     www.1st-mile.org
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