September 16, 2025

EDA: US Department of Commerce Invests $15.8 Million in First Awards for Fiscal Year 2025 Disaster Supplemental Funding to Support Economic Recovery in 11 States and Territories

Today, U.S. Secretary of Commerce Howard Lutnick announced the Department’s Economic Development Administration (EDA) is awarding $15.8 million in Fiscal Year 2025 Disaster Supplemental funding. These awards will support economic recovery efforts in several states that received major disaster declarations in 2023 and 2024, due to storms and other weather-related events. These awards are the first of many to come to support economic recovery from these disasters.

The awards announced today include:

“President Trump and Secretary Lutnick are committed to unleashing the potential of the American economy, affording all Americans the opportunity to pursue their version of the American dream,” said Ben Page, Acting Assistant Secretary. “EDA’s FY 2025 Disaster Supplemental funding does just that, supporting those communities recovering from major disasters and setting them on a path to exceed pre-disaster conditions, transforming their local economies.”

The EDA Fiscal Year 2025 Disaster Supplemental Grant Program makes approximately $1.5 billion available to support economic recovery activities in areas that received major disaster declarations because of hurricanes, wildfires, severe storms and flooding, tornadoes, and other natural disasters occurring in calendar years 2023 and 2024. 

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 invests in communities and supports regional collaboration in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.

This post was originally published here.