The Illinois Department of Commerce & Economic Opportunity (DCEO) was awarded a $1 million Project Grant from the Department of Commerce Economic Development Administration (EDA) under the Economic Adjustment Assistance (EAA) program. The EAA program supports regions experiencing adverse economic changes by providing technical assistance for planning and infrastructure projects.
This particular award will allow DCEO to develop a comprehensive statewide plan to strengthen Illinois' economy and promote recovery from the pandemic through March 2024. As part of the American Rescue Plan Act, the grant funding will enable Illinois to coordinate planning efforts across communities to build resilience, competitiveness, and implement President Biden's agenda to "Build Back Better" in a manner consistent with EDA's mission. The $1 million in funding and 30-month period of performance aim to lay the necessary groundwork at the state level.
Generated 1/7/24, 3:15 AM