Federal Budget: Funding for Key #EconDev Programs

Apr 26, 2018 | Advocacy

Federal Budget: The omnibus spending bill passed by Congress in March authorized favorable spending levels for 2018 for federal economic development programs, including:

  • Economic Development Agency – 302 million for fiscal 2018; about $26 million above fiscal 2017;
  • Manufacturing Extension Program – received $140 million; $10 million above fiscal 2017;
  • CDBG – received roughly $3.3 billion; $365 million about fiscal 2017;
  • TIGER – received $1.5 billion; $1 billion above fiscal 2017 ;
  • Rural Business-Cooperative Service – received roughly $77 million; about $12 million above fiscal 2017
  • Employment and Training Administration apprenticeship opportunities – received $145 million; $50 million above fiscal 2017;
  • Minority Business Development Agency – received $39 million; $5 million over fiscal 2017, and
  • Appalachian Regional Commission- received $155 million; $3 million over fiscal 2017.

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