CARES Act Recovery Assistance

The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides the Economic Development Administration (EDA) with $1.5 billion for economic development assistance programs to help communities prevent, prepare for, and respond to coronavirus.

EDA CARES Act Recovery Assistance, which is being administered under the authority of the bureau’s flexible Economic Adjustment Assistance (EAA) (PDF) program, provides a wide-range of financial assistance to communities and regions as they respond to and recover from the impacts of the pandemic.

EDA’s CARES Act Recovery Assistance funding is made available with the announcement that EDA had published an Addendum to its FY 2020 Public Works and Economic Adjustment Assistance Notice of Funding Opportunity. EDA intends to deploy its CARES Act funding as quickly, effectively, and efficiently as possible, and in a manner that meets communities needs.

EDA Resources

• EDA’s American Rescue Plan Plan Programs
• EDA CARES Act Recovery Assistance Frequently Asked Questions
  • EDA CARES Act Recovery Assistance Frequently Asked Questions (Printable PDF)

  Economic Development Districts and Indian Tribes Resources

  • Scope of Work for EDA Economic Development Districts and EDA Indian Tribe Planning Grant Recipients*
  • Specific Award Conditions: Economic Development Districts and Indian Tribes*

  Revolving Loan Fund Resources

  • Specific Award Conditions: Revolving Loan Fund Awards*
  • EDA’s CARES Act Recovery Assistance Revolving Loan Fund Award Flexibilities Frequently Asked Questions
    • EDA’s CARES Act Recovery Assistance Revolving Loan Fund Award Flexibilities Frequently Asked Questions (Printable .PDF)

    University Centers Resources

    • Scope of Work for University Center Grantees*
    • Specific Award Conditions: University Centers*
    • EDA University Center COVID-19 Resources

    * As stated in the CARES Act Recovery Assistance Addendum to the PWEAA NOFO, EDA may invite existing grantees, such as Economic Development Districts and Tribes currently in receipt of Partnership Planning awards, operators of existing EDA funded Revolving Loan Funds, and EDA-funded University Centers, to apply for supplemental awards. These standard Scopes of Work and Specific Award Conditions are for use with these supplemental awards only. Existing grantees who are eligible to apply for these awards will be contacted individually for instructions on how to apply.