CHARLESTON â Three months after a federal work group identified southern West Virginia as the area of the country most in need of focused U.S. investment because of its high dependence on coal and coal power-plant jobs, Washington has announced a $300 million investment in coal communities nationwide.
The U.S. Economic Development Administration has allocated $300 million of its $3 billion appropriation under the COVID-19 relief package that President Joe Biden signed into law in March to support coal communities.
The $300 million investment announced Thursday includes $100 million made available through a program that invites regional coalitions to apply for funding for projects that are part of a cohesive regional development strategy. That program is the Build Back Better Regional Challenge, which is designed to grow regional industry clusters.
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CHARLESTON â Three months after a federal work group identified southern West Virginia as the area of the country most in need of focused U.S. investment because of its high dependence on coal and coal power-plant jobs, Washington has announced a $300 million investment in coal communities nationwide.
The U.S. Economic Development Administration has allocated $300 million of its $3 billion appropriation under the COVID-19 relief package that President Joe Biden signed into law in March to support coal communities.
The $300 million investment announced Thursday includes $100 million made available through a program that invites regional coalitions to apply for funding for projects that are part of a cohesive regional development strategy. That program is the Build Back Better Regional Challenge, which is designed to grow regional industry clusters.
Achieving a lower-carbon future tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.
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