When President Lyndon Johnson spoke about creating a “Great Society” – laying the groundwork for the creation of EDA – he called on our country to “create new concepts of cooperation, a creative federalism, between the National Capital and the leaders of local communities.”
No agency within the federal government better embodies this notion than EDA.
At EDA, we have been supporting economically distressed communities for more than 50 years. While EDA does not invest directly in businesses, the agency works closely with local economic development officials to support competitive, bottom up, regionally-owned development strategies focused on stimulating private investment and creating new jobs.
