The winners of the $1 billion Build Back Better Regional Challenge, overseen by the U.S. Department of Commerce’s Economic Development Administration, were announced on Friday. They will receive grants ranging from $25 million to $65 million. More than 529 groups initially applied for the competitive program. The winners were selected from among 60 finalists.
Greater New Orleans Development Foundation (Louisiana)
$50 million for H2theFuture
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