WASHINGTON – U.S. Senators Martin Heinrich (D-N.M.) and Ben Ray Luján (D-N.M.) are welcoming an announcement from the Economic Development Administration (EDA) that the Pueblo of Acomawill receive $114,000 to support strategies for economic growth and job creation.
The funding will be used to support the development and implementation of a Comprehensive Economic Development Strategy (CEDS). The CEDS process is designed to bring together the public and private sectors in the creation of an economic development roadmap to diversify and strengthen the regional economy. Once completed, the project will promote economic sustainability, expand job opportunities, and promote growth throughout the region.
“We have a commitment to our Tribal communities to ensure they receive the necessary assistance to grow their economies and job opportunities,” said Heinrich. “I’m proud to support this funding for the Pueblo of Acoma and will keep fighting for the economic sustainability that every Tribal community in New Mexico deserves.”
“New Mexico’s Pueblos and Tribal Nations were disproportionately hurt by COVID-19’s economic impact. Today’s award from the EDA is a down payment in new economic opportunities and good-paying jobs in AcomaPueblo,” said Luján. “I’ll continue working in the Senate to support Tribal communities through the critical recovery period and into the future.”
EDA grants are awarded through a competitive process based upon the application’s merit, the applicant’s eligibility, and the availability of funds. More information on EDA’s grant process and investment process can be found at www.eda.gov.