WASHINGTON - Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding $3 million in American Rescue Plan grants to support Arkansas as it recovers from the economic impacts of the coronavirus pandemic.
The EDA investments announced today are:
“President Biden knows that the travel, tourism, and outdoor recreation sector is a critical driver for our nation’s economy," said Secretary of Commerce Gina M. Raimondo. “These EDA investments will create new tourism destinations across the state of Arkansas, attracting new visitors to the state and providing opportunities for businesses to grow and thrive."
“The Economic Development Administration is dedicated to working with communities to support their locally-driven strategies to recover and rebuild from the pandemic," said Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo. “We are pleased to partner with Garland and Saline Counties and the city of Marion to develop new opportunities to boost outdoor recreation and tourism, diversifying the regional economy."
“A deep and rich history, natural beauty from the flats of the Delta to the Ozarks, and a wide variety of hiking, biking, and other outdoor recreation options for adventurers of all skill levels are some of the reasons we call Arkansas the Natural State," said Governor Asa Hutchinson. “This investment will enhance our efforts to preserve Arkansas’s story and conserve our natural resources for Arkansans, and further strengthen our tourism industry, which attracts hundreds of thousands of visitors who travel here from other places every year."
This project is funded under EDA’s $240 million competitive American Rescue Plan Travel, Tourism, and Outdoor Recreation program. EDA awarded $510 million in grants to all 50 states and territories in 2021. The two programs are designed to accelerate the recovery of communities that rely on the travel, tourism and outdoor recreation sectors. Effective May 26, 2022, EDA has officially closed all of its American Rescue Plan programs for applications. The $3 billion program funding will be awarded on a rolling basis through Sept. 30, 2022.
These projects were made possible by the regional planning efforts led by the Central Arkansas Planning and Development District (CAPDD), the West Central Arkansas Planning and Development District (WCAPDD), and the East Arkansas Planning and Development District (EAPDD). EDA funds CAPDD, WCAPDD, and EAPDD to bring together the public and private sectors to create an economic development roadmap to strengthen the regional economy, support private capital investment and create jobs.
About the U.S. Economic Development Administration (www.eda.gov)
The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation's regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA invests in communities and supports regional collaboration in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.
