Public works and economic development program

Submission by January 31, is not a guarantee of funding. While EDA encourages eligible applicants to submit their applications as soon as possible, EDA strongly advises eligible applicants to submit complete applications at least by March 31, so that EDA can review and process the application in time to get a potential award in place prior to deadlines imposed by Congress.

Projects funded by these programs will support work in Opportunity Zones and will support the mission of the Department by, among other things, leading to the creation and retention of jobs and increased private investment, advancing innovation, enhancing the manufacturing capacities of regions, providing workforce development opportunities, and growing ecosystems that attract foreign direct investment. Grants and cooperative agreements made under these programs are designed to leverage existing regional assets and support the implementation of economic development strategies that advance new ideas and creative approaches to advance economic prosperity in distressed communities, including those negatively impacted by changes to the coal economy.

Deadlines: There are no submission deadlines under this opportunity. These projects support best practices among communities trying to solve problems related to economic development goals.

By working in conjunction with its national technical assistance partners, EDA helps States, local governments, and community-based organizations to achieve their highest economic potential. The NTA program supports activities that are beneficial to the economic development community nationwide and includes, but is not limited to, outreach, training, and information dissemination.

It can also provide assistance with implementation of economic development best practices and proven techniques. Through its Planning and Local Technical Assistance programs, EDA assists eligible recipients in developing economic development plans and studies designed to build capacity and guide the economic prosperity and resiliency of an area or region.

The RNTA program funds research, evaluation, and national technical assistance projects that promote competitiveness and innovation in distressed rural and urban regions throughout the United States and its territories.

Helps fill the knowledge and information gaps that may prevent leaders in the public and nonprofit sectors in distressed areas from making optimal decisions on local economic development issues.

EDA possesses broad and deep experience in successfully coordinating resources across multiple programs and special initiatives. Events Events. Contact Us Contact Us. Public Works Empowers distressed communities to revitalize, expand, and upgrade their physical infrastructure to attract new industry, encourage business expansion, diversify local economies, and generate or retain long-term, private sector jobs and investment.

Please visit EDA's internet website at www. An environmental assessment is necessary; an environmental impact statement may also be required. For information on the application process you may access the applicable federal funding opportunity FFO announcement for Public Works investment assistance at www. EDA will review each application for Public Works investment assistance in accordance with the evaluation criteria, funding priorities, and selection procedures set forth in the applicable FFO.

Applications are subject to the intergovernmental review process authorized under Executive Order and implementing regulations at 13 CFR Successful applications are selected by the appropriate Regional Director and announced by the Assistant Secretary of Commerce for Economic Development Assistant Secretary. EDA regional offices accept applications for Public Works investments on an ongoing basis. EDA will notify the applicant if EDA has accepted a completed application and forwarded the application for further review and processing in accordance with EDA and Department of Commerce procedures.

Generally, two months are required for EDA to reach a final decision after receipt of a complete application that meets all requirements. Generally, EDA investment assistance may not exceed 50 percent of the project cost. Projects may receive an additional amount that shall not exceed 30 percent, based on the relative needs of the region in which the project will be located, as determined by EDA.

In the case of investment assistance to a n a Indian Tribe; b State or political subdivision of a State that the Assistant Secretary determines has exhausted its effective taxing and borrowing capacity; or c non-profit organization that the Assistant Secretary determines have exhausted its effective borrowing capacity, the Assistant Secretary has the discretion to establish a maximum EDA investment rate of up to percent of the total project cost.

Potential applicants should contact the appropriate EDA regional office to make these determinations. While cash contributions are preferred, in-kind contributions, such as contributions of space, equipment, assumptions of debt, and services, may provide the required non-federal share of the total project cost. EDA will fairly evaluate all in-kind contributions, which must be eligible project costs and meet applicable Federal financial assistance awards are considered matching share funds only if authorized by statute, which may be determined by EDA's reasonable interpretation of the statute.

See 13 CFR The applicant must show that the required matching share is committed to the project for the project period, available as needed, and not conditioned or encumbered in any way that precludes its use consistent with the requirements of EDA investment assistance.