US economic development agency cuts a rule it says was useless

The US Economic Development Administration is getting rid of a rule about extra grants. The agency says the rule was confusing and did not add anything to existing law.

This is a small administrative change. The agency is simply removing a regulation that it says was redundant and did not provide clear guidance. It means less paperwork for the agency and for grant applicants, but no real change to how grants are awarded or what projects qualify.