Local Government Resources
Public Works and Economic Adjustment Assistance Programs- SMCOG will be submitting proposals to advance three major initiatives related to COVID-19 recovery: 1) direct support to Economic Development Organizations (EDOs) and private businesses, 2) building regional capacity for pursuing public assistance, and 3) improving access to capital. Below is a brief description of these initiatives, though this is subject to change based on final guidance that has yet to be released by the EDA. In addition to these regional initiatives, we are putting out a call for projects to EDOs and local communities to identify potential economic recovery projects.
USDA Business & Industry Loan Guarantees- USDA is making available up to $1 billion in loan guarantees to help rural businesses meet their working capital needs during the coronavirus pandemic.