EDA Disaster Supplemental (SNE)
Date: December 31, 2020
Time: All Day
Contact: Vanity Campbell
Sponsor: Contracts and Grants
Funding Opportunity Number: EDA-2018-DISASTER
Funding Organization's Deadline: Applications are accepted on a continuing basis and processed as received.
Discipline/Subject Area: Disaster economic recovery activities
ANR Priority Area(s): SNE
Funding Available($): Not specified
Description: Through this Disaster Supplemental NOFO, EDA will award investments in regions experiencing severe economic distress or other economic harm resulting from Hurricanes Harvey, Irma, and Maria, and of wildfires and other natural disasters occurring in calendar year 2017.
The EDA’s Economic Adjustment Assistance (EAA) disaster recovery program is intended to be flexible and responsive to the economic development needs and priorities of local and regional stakeholders, including those seeking assistance recovering from Federally declared disasters.
EAA funds can be awarded to assist a wide variety of activities related to disaster recovery, including economic recovery strategic planning grants, and public works construction assistance. It is a flexible resource that responds adaptively to pressing economic issues and is well-suited to help address challenges faced by regions recovering from natural disasters. Through this program, EDA can support both the development of disaster recovery strategies and the implementation of recovery projects identified with those strategies, including infrastructure improvements and by capitalizing revolving loan funds (RLFs). In addition to implementation projects, applicants may also seek funding in the form of a “strategy grant” to develop, update, or refine a Comprehensive Economic Development Strategy (CEDS) that alleviates long-term economic deterioration or a sudden and severe economic dislocation.
To be competitive, applications must clearly incorporate principles for enhancing the resilience of the relevant community/region or demonstrate the integration of resilience principles into the investment project itself. Resilience is an essential component of any strategy for mitigating the potential for future disaster-related losses and adverse economic impacts for communities. Therefore, inclusion of resilience principles in the project is a necessary step to improve the capacity of the region to recover more quickly from future disaster events.
Typically, disaster and economic recovery strategy grants may range in duration from 12 to 18 months with extensions considered on a case-by-case basis. Implementation grants involving construction of project facilities and infrastructure generally are expected to range from 12 to 24 months.
Matching: Federal Share of the cost of activities funded may be from 50% to up to 100% of the approved project cost.
Applying a number of factors, including impact and distress, EDA has allocated the $587 million in disaster supplemental program funds among the six Regional Offices with the Seattle Regional Office being allocated $93,810,000 in funding.
OCG Note: Please note any changes to the funding opportunity including deadline dates may not be updated to this calendar. Please visit the Sponsor's website below for additional information.