Notice of Funding Opportunity: Economic Adjustment Assistance

By Aimee Andres | February 28, 2023

Department of Commerce and the Economic Development Administration have announced discretionary grant funding available through the Public Works and Economic Adjustment Assistance Programs including CARES Act Funding.

Award Ceiling: $30,000,000

Award Floor: $100,000

Eligible Applicants:

  • State governments
  • Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
  • County governments
  • Public and State controlled institutions of higher education
  • Others (see text field entitled "Additional Information on Eligibility" for clarification)
  • Native American tribal governments (Federally recognized)
  • City or township governments
  • Special district governments
  • Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education
  • Private institutions of higher education

 

Deadline to Submit: There are no submission deadlines under this opportunity. Applications will be accepted on an ongoing basis until the publication of a new PWEAA NOFO.

The EAA program is EDA’s most flexible program, evidenced by the wide range of investments the program supports. Urban, rural, and coastal communities across the country are implementing projects that will: bring critical infrastructure to many underinvested communities; create workforce development programs and pathways to good-paying jobs in communities in need; and develop business ecosystems that will allow small businesses and entrepreneurs to grow, share learnings, and flourish.

As part of EDA’s Coal Communities Commitment, $208.3 million of EAA funding across 89 projects will directly support coal communities, aiding in their economic recovery and revitalization efforts through the creation or expansion of new industry sectors. Further, $32.9 million of EAA funding through 19 projects will directly support Tribal communities.

Collectively, EAA grantees will set the stage for economic revitalization, expansion, and resiliency in communities across the country.

What types of projects are eligible to be funded through an Economic Adjustment Assistance grant?

A wide range of technical, planning, workforce development, entrepreneurship, public works, and infrastructure projects are eligible for funding from the Economic Adjustment Assistance program. See section A. of the American Rescue Plan Act Economic Adjustment Assistance Notice of Funding Opportunity for more details.

 

https://www.grants.gov/web/grants/view-opportunity.html?oppId=321695

Watch the Economic Adjustment Assistance Webinar here: https://www.eda.gov/news/media/video/768

Please see frequently asked questions here: https://www.eda.gov/node/11356#04

For more information, please visit the EAA program page here: https://www.eda.gov/funding/programs/american-rescue-plan/economic-adjustment-assistance

 

Posted in Funding Opportunities