EDAFinal Rule
Update of Public Works and Economic Adjustment Act Grant Rate Regulations
Finance & BankingLabor & WorkplaceTransportation
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Summary
The Economic Development Administration (EDA) updated its rules for how much federal money it will give to states and communities for public works projects and economic recovery efforts. This affects which communities can get federal grants to build infrastructure and create jobs in areas facing economic hardship.
Key Points
- 1The EDA changed the percentage of project costs that the federal government will cover when funding public works and economic adjustment projects
- 2These grants help communities pay for infrastructure like roads, bridges, and facilities that create local jobs
- 3States and local governments that apply for these grants will see different funding levels depending on the new rates
- 4The rule applies to projects designed to help regions recover from economic downturns or industrial losses
- 5Communities and businesses that depend on these federal grants will need to adjust their project budgets based on the updated funding amounts
Key Dates
Published
November 19, 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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