Tulsa-area proposal among 60 finalists for millions in federal funding for economic development
14 Dec 2021
news
Planning organization INCOG is among 60 finalists for a U.S. Economic Development Administration grant that could award the Tulsa region up to roughly $70 million for economic development, local representatives say.
The $1 billion “Build Back Better Regional Challenge” is the centerpiece of the EDA’s American Rescue plan programs designed to boost pandemic economic recovery and rebuild American communities, including some that have been struggling with decades of disinvestment.
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A booming demand for goods in the United States has led to shortages, bottlenecks and elevated inflation, a local bank leader said Thursday.
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