EDAFinal Rule
Elimination of Supplementary Grant Regulation
Finance & BankingLabor & WorkplaceOther
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Summary
The Economic Development Administration (EDA) is eliminating a supplementary grant program that provided additional funding to certain communities and projects. This change means some organizations that previously received this extra money will no longer have access to it, potentially affecting local economic development projects.
Key Points
- 1The EDA is ending a supplementary grant program that gave extra federal funding for economic development projects
- 2Communities and organizations that relied on these grants will need to find alternative funding sources or adjust their project plans
- 3This elimination reduces the total amount of federal economic development money available to states and local areas
- 4The regulation took effect in July 2025, so affected organizations need to plan accordingly for future projects
- 5Existing grants may be grandfathered in, but new applications for supplementary grants will no longer be accepted
Key Dates
Published
July 2, 2025
This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.
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