U.S. Department of Commerce Invests $44 Million in Disaster Supplemental Funding for Economic Development in Five States

The Economic Development Administration (EDA) of the U.S. Department of Commerce has announced $44 million in Disaster Supplemental funding awards to five states. These funds are designated to support economic development projects in regions impacted by storms and natural disasters in 2023 and 2024, aiming to facilitate business expansion, job creation, and private investment.