The synopsis for this grant opportunity is detailed below, following
this paragraph. This synopsis contains all of the updates to this
document that have been posted as of
03/05/2009
. If
updates have been made to the opportunity synopsis, update information
is provided below the synopsis.
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Jun 30, 2010
Funds are available for obligation until September 30, 2010; however, it takes a minimum of 90 days from EDA's receipt of a complete application until award, when funds are obligated.
Current Closing Date for Applications:
Jun 30, 2010
Funds are available for obligation until September 30, 2010; however, it takes a minimum of 90 days from EDA's receipt of a complete application until award, when funds are obligated.
Archive Date:
Oct 31, 2010
Funding Instrument Type:
Grant
Category of Funding Activity:
Other (see text field entitled "Explanation of Other Category of Funding Activity" for clarification)
Recovery Act
Category Explanation:
Recovery Act
Expected Number of Awards:
Estimated Total Program Funding:
Award Ceiling:
Award Floor:
CFDA Number(s):
11.300
--
Grants for Public Works and Economic Development Facilities
11.307
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Economic Adjustment Assistance
Cost Sharing or Matching Requirement:
Yes
Eligible Applicants
State governments
County governments
City or township governments
Special district governments
Public and State controlled institutions of higher education
Native American tribal governments (Federally recognized)
Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
Private institutions of higher education
Others (see text field entitled "Additional Information on Eligibility" for clarification)
Additional Information on Eligibility:
PLEASE NOTE: For-profit, private-sector entities and individuals do not qualify for investment assistance under the Public Works or Economic Adjustment Assistance programs, which are the applicable programs under this announcement.
Pursuant to the Public Works and Economic Development Act of 1965, as amended (42 U.S.C. § 3121 et seq.)(PWEDA), eligible applicants for and eligible recipients of EDA investment assistance include a(n): (i) District Organization; (ii) Indian Tribe or a consortium of Indian Tribes; (iii) State, a city or other political subdivision of a State, including a special purpose unit of a State or local government engaged in economic or infrastructure development activities, or a consortium of political subdivisions; (iv) institution of higher education or a consortium of institutions of higher education; or (v) public or private non-profit organization or association acting in cooperation with officials of a political subdivision of a State. See section 3 of PWEDA (42 U.S.C. § 3122) and 13 C.F.R. § 300.3. Projects eligible for Public Works or Economic Adjustment investment assistance include those projects located in regions meeting “Special Need” criteria (as defined in 13 C.F.R. § 300.3), as set forth in section VII. of this announcement.
Agency Name
Economic Development Administration
Description
Under this federal funding opportunity (FFO) announcement, EDA is soliciting applications for the EDA American Recovery Program under the auspices of PWEDA. Specifically, the FFO pertains to applications for funding under EDA’s Public Works and Economic Adjustment Assistance programs only. Under this FFO, EDA will give priority consideration to those applications that will significantly benefit regions “that have experienced sudden and severe economic dislocation and job loss due to corporate restructuring,” as stipulated under the Recovery Act. EDA provides financial assistance to distressed communities in both urban and rural regions. Such distress may exist in a variety of forms, including high levels of unemployment, low income levels, large concentrations of low-income families, significant declines in per capita income, large numbers (or high rates) of business failures, sudden major layoffs or plant closures, trade impacts, military base closures, natural or other major disasters, depletion of natural resources, reduced tax bases, or substantial loss of population because of the lack of employment opportunities. EDA’s experience has shown that regional economic development to help alleviate these conditions is effected primarily through investments and decisions made by the private sector. Under the EDA American Recovery Program, EDA will help restore, replace and expand economic activity in regions that have experienced sudden and severe economic dislocation and job loss due to corporate restructuring, and prioritize projects that will diversify the economic base and lead to a stronger, more globally competitive and resilient regional economy. EDA’s economic development activities help create jobs by encouraging business inception and growth.
If you have difficulty accessing the full announcement
electronically, please contact:
Lindsey Pangretic
grants@eda.doc.gov
Synopsis Modification History
The following files represent the modifications to this synopsis
with the changes noted within the documents. The list of files is
arranged from newest to oldest with the newest file representing the
current synopsis. Changed sections from the previous document are shown
in a light grey background.
