The CNMI is receiving $999,755 as part of the American Rescue Plan for economic development planning, according to Delegate Gregorio Kilili C. Sablan (Ind-MP) over the weekend. <\/p>\n
Sablan disclosed in his e-kilili newsletter that U.S. Commerce Secretary Gina M. Raimondo had announced the funding last Wednesday as a means to accelerate the five territories\u2019 economic recovery from the COVID-19 pandemic.<\/p>\n
Sablan said the funding will support local tourism, expand infrastructure and broadband, and provide businesses\u2019 access to recruitment, capital, and workforce training.<\/p>\n
\u201cIn the long term, these grants will help build a resilient Marianas economy through the sustainable use of local programs and resources.\u201d he said.<\/p>\n
According to Raimondo\u2019s announcement, all 59 states and five territories have been awarded approximately $1 million grants through DOC\u2019s Economic Development Administration\u2019s Statewide Planning program\u2014one of six programs EDA developed to equitably distribute its $3 billion in American Rescue Plan funding.<\/p>\n
The Federated States of Micronesia, Republic of the Marshall Islands, and U.S. Virgin Islands were each awarded $1 million, while Republic of Palau was awarded $996,728.<\/p>\n","protected":false},"excerpt":{"rendered":"
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