Posted at 2:03 PM
To support locally-driven efforts in coal country to spur job growth, U.S. Secretary of Commerce Wilbur Ross today announced that the Department’s Economic Development Administration (EDA) has published a Notice of Funding Availability (NOFA) making $30 million in funds available to assist coal communities through the 2017 Assistance to Coal Communities (ACC 2017) initiative.
“The Trump administration is working every day to help America’s coal industry, its workers, and their communities,” said Secretary Ross. “This funding is one element of a government-wide effort to restore American jobs, and renew the areas hardest hit by misguided regulations.”
Since taking office, President Trump and his Administration have reversed regulations that have drastically squeezed the American energy sector, eliminated constricting energy restrictions that would have shackled the United States’ economy under the Paris climate change accord, blocked the EPA’s and other agencies needless war on coal, and, in conjunction with Congress, acted swiftly to roll back many of the burdensome regulations and laws which have strangled many American communities.
These critical policy shifts have resulted in a better deal for coal country and tangible results for American workers who have gone ignored for far too long.
The $30 million in ACC 2017 funds available for application are targeted to directly assist communities and regions severely impacted by the declining use of coal through activities and programs that support economic diversification, job creation, capital investment, workforce development and re-employment opportunities. Under the ACC 2017 initiative, EDA is seeking applications for projects and activities that will:
- Support the creation of new businesses and jobs in a variety of industry sectors,
- Create or implement economic diversification strategies targeting affected workers and businesses,
- Develop a business incubator program,
- Enhance access to and use of broadband services to support job growth,
- Facilitate access to private capital investment, and provide related capacity building and technical assistance, or
- Promote market access for goods and services created and manufactured by businesses in the impacted community/region.
Under the ACC 2017 initiative, the term coal economy is used to refer to the complete ecosystem of coal-reliant industries and businesses. This includes, but is not limited to:
- Coal Mining; and/or
- Coal-Fired Power Plants; and/or
- Related Transportation, and/or Logistics, and/or Supply Chain Manufacturing Industries.
Prospective applicants are encouraged to refer to the NOFA on grants.gov for more details on the ACC 2017 funding, including eligibility, matching-fund requirements, and other information.
For additional information about ACC 2017, please visit the EDA’s ACC 2017 webpage at: www.eda.gov/coal.
About the U.S. Economic Development Administration (www.eda.gov)
The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation's regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA makes investments in economically distressed communities in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.