1、CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i The Economic Development Administrations Assistance to Coal and Nuclear Closure Communities Initiatives for Economic Transitions April 5, 2021 The Department of Commerces Economic Development Administration (EDA) supports
2、state and local planning and economic development projects, among other activities. In response to the decline of coal industry activity and the closure of nuclear plants, Congress has approved additional funding for EDA grant programs that support economic transition strategies and help affected co
3、mmunities build economic development capacity. This Insight considers the role, criteria, and funding history of two EDA initiatives designed to facilitate economic transitionsthe Assistance to Coal Communities (ACC) and the Assistance to Nuclear Closure Communities (NCC) initiatives. Economic Adjus
4、tment Assistance for Coal and Nuclear Closure Communities EDA administers the ACC and NCC funding primarily through its Economic Adjustment Assistance (EAA) program (42 U.S.C. 3149). The ACC initiative provides flexible funding for projects that support economic diversification, job creation, capita
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