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Federal economic development initiative to invest $300 million in coal communities


CHARLESTON — 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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Federal economic development initiative to invest $300 million in coal communities


CHARLESTON — 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. ....

West Virginia , United States , Brian Deese , Gina Mccarthy , Joe Biden , Brian Anderson , Jennifer Granholm , Department Of Commerce , Interagency Working Group On Coal , Economic Development Administration , Us Economic Development Administration , National Economic Council , Department Of Energy National Technology Laboratory , Development Administration , President Joe Biden , Build Back Better Regional Challenge , Energy Secretary Jennifer Granholm , Southern West Virginia , Northern West Virginia , Eastern Kentucky , Southwest Virginia , Interagency Working Group , Power Plant Communities , Economic Revitalization , National Energy Technology Laboratory , மேற்கு வர்ஜீனியா ,