Persistent poverty rbcs rcap grants to appalachian regional commission- BI

This $2,866,160 federal Project Grant awarded on September 29, 2023 by the USDA Rural Business Cooperative Services provides funding for the Rural Development Cooperative Agreement Program (CFDA 10.890). The grant supports initiatives aimed at reducing persistent poverty, fostering economic development, and improving quality of life in rural communities within the Appalachian region. Key activities include regional economic planning, placemaking projects, and development of rural business cooperatives. The grant recipient, the Appalachian Regional Commission, will utilize the funding over a 2-year period to deliver technical assistance, capacity building for broadband access, preservation of cultural/historic structures, and support for transportation, housing, and recreational space development. The program has a history of annual funding to address poverty and economic challenges in rural Appalachia.