Hello, and welcome to the Friday Update from GREATER MSP's Federal Funding Hub!
The purpose of this message is to share information so that our region can make the most of the opportunities under the American Rescue Plan Act (ARPA).
The Economic Development Administration (EDA) awarded $314 Million in American Rescue Plan State Travel, Tourism, and Outdoor Recreation grants to 34 states.
A new program called Equitable Lending Leaders aims to help EDA Revolving Loan Fund operators improve their equity outcomes with small business lending.
Federal Funding Resources
PolicyLink presents 10 Priorities for Advancing Racial Equity Through the American Rescue Plan. (Bookmark this, it’s a good one!)
A bill pending in the House would give local governments greater flexibility and clarity on eligible uses of ARPA Funds.
Transportation Secretary Buttigieg emphasizes regional cooperation on infrastructure funds.
Be in Touch Please reach out to me with your questions and ideas regarding federal funding in our region. You can send an email or book time with me via my scheduling app. Also, please let me know if you know of someone who wants to be added to this list.
Have a very Happy Thanksgiving, everyone! We’ll return with the next Friday update on December 3rd.