U.S. Economic Development Administration announces $49 million to support flood-impacted regions

The U.S. Economic Development Administration announced $49 million in disaster assistance to support recovery efforts in Rhode Island, Nebraska, Tennessee and Kentucky, all of which were impacted by flooding during the spring of 2010.

Funds will be awarded to projects that devise long-term economic redevelopment strategies and carry out implementation activities that will advance recovery, mitigation and growth efforts in these regions.  The funding is available under the FY 2011 Supplemental Appropriations Disaster Relief Opportunity to Supplemental Appropriations Act.

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