1、 https:/crsreports.congress.gov April 4, 2022Areas of Economic Distress for EDA Activities and ProgramsCongress has used program criteria to direct federal assistance to areas that are economically distressed or comparatively disadvantaged. Place-based measures frequently associated with economic di
2、stress include indicators such as poverty, unemployment rates, and income levels. The term “economically distressed area” lacks a standardized definition and may vary by agency, program, or executive branch initiative. This In Focus summarizes the criteria as well as the data sources and mapping too
3、ls used for determining economic distress for activities and programs administered by the Department of Commerce, Economic Development Administration (EDA). It also includes considerations for Congress regarding the EDAs criteria. Economic Distress Criteria in PWEDA Section 301(a) of the Public Work
4、s and Economic Development Act (PWEDA) of 1965 (42 U.S.C. 3161(a) describes the economic distress criteria and thresholds that qualify areas as eligible for assistance through selected EDA programs and for other purposes. In PWEDA, economic distress is determined by one or more of the following calc
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