Tag Archives: Commerce Secetary Wilbur Ross

U.S. Department of Commerce Announces Availability of $1.5 Billion in CARES Act Funds to Aid Communities Impacted by the Coronavirus Pandemic

May 7, 2020   Caribbean, Gulf of Mexico, Mid Atlantic, National, New England, North Pacific, Pacific, South Atlantic, Western Pacific

U.S. Secretary of Commerce Wilbur Ross today announced that the Department’s Economic Development Administration (EDA) is now accepting applications from eligible grantees for Coronavirus Aid, Relief, and Economic Security Act (CARES Act) supplemental funds (EDA CARES Act Recovery Assistance) intended to help communities prevent, prepare for, and respond to coronavirus.,, On March 27, 2020, President Donald J. Trump signed the $2 trillion CARES Act into law. The CARES Act provides EDA with $1.5 billion of which $1.467 billion is available for grant making. The remaining funds will be transferred to cover salaries and expenses and oversight activities. >click to read< 12:54

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