Updated
Frequently Asked Questions for EDA’s Fiscal Year 2018 Disaster Supplemental
Notice of Funding Opportunity Published to EDA.gov
The
U.S. Economic Development Administration’s (EDA) FY18 Disaster
Supplemental Notice of Funding Opportunity
(NOFO) makes $587 million available to eligible grantees in communities where a
Presidential declaration of a major disaster was issued under the Stafford Act
as a result of Hurricanes Harvey, Irma and Maria, wildfires and other natural
disasters in 2017.
Updated
Frequently Asked Questions (FAQs) have
been published to EDA’s
Disaster Supplemental Funding web page. Among
the new items addressed in the FAQs is the OMB waiver of the
requirement that supplemental grant funds appropriated to EDA through the
Bipartisan Budget Act of 2018 be expended within 24 months of the date of
obligation. This is important, as EDA often funds construction projects, which
generally take more than 24 months to complete.
EDA
encourages the submission of applications based on long-term, regionally-oriented,
and collaborative development strategies that foster economic growth and
resilience. Disaster recovery projects must be
consistent with the U.S. Department of
Commerce Disaster Recovery Investment Priorities.
Eligible
applicants include a(n): (i) District Organization of an EDA-designated
Economic Development District (EDD); (ii) Indian Tribe or a consortium of
Indian Tribes; (iii) State, county, 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. EDA is not authorized to provide grants to individuals
or for‑profit entities. Requests from such entities will not be considered for
funding.
EDA
disaster grants are made by its Regional
Offices under the agency’s Economic
Adjustment Assistance Program, which enables EDA to make
awards that support a wide range of construction and non-construction
activities in areas which experience sudden and prolonged severe economic
dislocation.
For
more information about EDA’s Disaster Supplemental Funding opportunity, visit
the EDA
and Disaster Recovery web page.
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