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$1B Build Back Better Regional Challenge Finalists | U.S. Economic Development Administration

By December 20, 2021News
1B Build Back Better Regional Challenge Finalists U S Economic Development Administration

1B Build Back Better Regional Challenge Finalists U S Economic Development Administration

The $1 billion Build Back Better Regional Challenge is the marquee of EDA’s American Rescue Plan programs that aims to boost economic recovery from the pandemic and rebuild American communities, including those grappling with decades of disinvestment.

The Challenge provides transformational investments to develop and strengthen regional industry clusters across the country, all while embracing equitable economic growth, creating good-paying jobs, and enhancing U.S. global competitiveness. As part of the $300 million Coal Communities Commitment, EDA will allocate at least $100 million of the Build Back Better Regional Challenge funding to support coal communities.

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