Agency in the US Department of Commerce concerned with poor conmunities
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U.S. Economic Development Administration
Agency overview
Formed
1965
Jurisdiction
Federal government of the United States
Headquarters
Herbert C. Hoover Building Washington, D.C.
Agency executive
Alejandra Y. Castillo, Assistant Secretary of Commerce for Economic Development
Parent agency
Department of Commerce
Website
www.eda.gov
The U.S. Economic Development Administration (EDA) is an agency in the United States Department of Commerce that provides grants and technical assistance to economically distressed communities in order to generate new employment, help retain existing jobs and stimulate industrial and commercial growth through a variety of investment programs. EDA works with boards and communities across the country on economic development strategies.[1]
^"Investment Programs". Economic Development Administration.
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