POWER Initiative |
ARC Announces $26.7 Million in 2016 POWER Investments in the Appalachian Region
On August 24, 2016, ARC announced the award of $26.7 million in grants through the administration's POWER Initiative. The grants will benefit 142 counties in 8 Appalachian states and leverage an estimated $49.4 million in additional investments in the Region. ARC anticipates making a second POWER award announcement later this year.
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What is POWER?
The POWER Initiative supports efforts to create a more vibrant economic future for coal-impacted communities by cultivating economic diversity, enhancing job training and re-employment opportunities, creating jobs in existing or new industries, and attracting new sources of investment.
ARC provides POWER implementation grants and technical assistance grants for activities addressing the challenges facing coal-impacted communities in the Appalachian Region. ARC's POWER assistance also includes tools and resources such as technical and capacity-building support.
ARC POWER Grants
As indicated previously in ARC's FY 2016 POWER implementation grant FFO and technical assistance grant FFO, ARC will accept and review POWER implementation pre-applications and POWER technical assistance applications on an ongoing basis and until such time as program funds are no longer available. Given the current volume of applications, ARC will stop accepting new POWER grant pre-applications on November 16, 2016. To be considered for POWER funding, pre-applications must be submitted through the ARC-EDA POWER Portal using the application guidelines set forth in the FY 2016 POWER implementation grant FFO and technical assistance grant FFO by November 16. See the Supplemental FAQ about ARC's POWER Initiative for more information.
ARC will review new and pending POWER pre-applications received by this deadline and will support the implementation of POWER grants already awarded. It will continue to actively engage with Appalachia's coal-impacted communities and other entities strengthening and diversifying the Region's economy.
For questions about the POWER Initiative, please email firstname.lastname@example.org.