Opportunity EDA03102009RECOVERYACT

The summary for the Opportunity EDA03102009RECOVERYACT grant is detailed below. This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants. Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed as the Grant Announcement Contact. If any section is incomplete, please visit the website for the Economic Development Administration, which is the U.S. government agency offering this grant.

Opportunity EDA03102009RECOVERYACT: 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.

Federal Grant Title:	Opportunity EDA03102009RECOVERYACT
Federal Agency Name:	Economic Development Administration
Grant Categories:	Other Recovery Act
Type of Opportunity:	Discretionary
Funding Opportunity Number:	EDA03102009RECOVERYACT
Type of Funding:	Grant
CFDA Numbers:	11.300
CFDA Descriptions:	Grants for Public Works and Economic Development Facilities
Current Application Deadline:	Jun 30, 2010 Funds
Original Application Deadline:	Jun 30, 2010 Funds
Posted Date:	Mar 05, 2009
Creation Date:	Mar 17, 2009
Archive Date:	Oct 31, 2010
Total Program Funding:
Maximum Federal Grant Award:
Minimum Federal Grant Award:
Expected Number of Awards:
Cost Sharing or Matching:	Yes

Category Explanation: Recovery Act
Applicants Eligible for this Grant: 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.
Link to Full Grant Announcement: Information not provided
Grant Announcement Contact: Jamie Lipsey Phone 202-482-3467

[email protected] [[email protected]]
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