Helping Left-Behind Communities Make a Comeback
1. Purpose
The order aims to empower local and Tribal leaders in economically challenged areas through programs that foster economic growth, regional asset strengthening, and mitigation of inequality.
2. Key Actions And Directives
- Coordination of Federal Investments: The Secretary of Commerce will coordinate investment efforts and develop policies for place-based economic development.
- Assistance for Grant Applicants: Implementing agencies will provide guidance, technical assistance, and proactive engagement for grant applicants.
3. Important Points
- Definition of Covered Communities: Covered communities include economically distressed areas, those within Community Disaster Resiliency Zones, and rural areas identified by key federal agencies.
- Role of Implementing Agencies: A wide range of federal agencies are tasked with implementing the order and supporting targeted economic development.
- Focus on Disaster Resilience: Enhancing disaster resilience is crucial for sustainable economic development in regions that have faced major disasters.
- No Enforceable Rights Created: The order does not create any legally enforceable rights or benefits for individuals or groups.
- Implementation Constraints: The execution of the order must comply with applicable laws and is contingent on the availability of appropriated funds.
Disclaimer: ExecBrief's are AI generated, Please verify with the original source to confirm
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