Commerce Department - Economic Development Administration

The Economic Development Administration, established in 1965, works to generate economic and job growth in the United States, including developing the economies of distressed areas experiencing high unemployment; low income levels; or sudden, severe economic hardship. It funds public-works projects for public, private nonprofit, and American Indian groups, including industrial parks, roads, water and sewer lines, and airports. It also provides technical assistance and grants in order to promote business development.