Federal / State / Local / Private:
Federal
Responsible Organization:
Economic Development Administration
Contact info:
Hillary Sherman (828) 707-2748 hsherman@eda.gov
Application Criteria:
SF-424
SF-424A (Federeal non-construction budget form)
SF-LLL (disclosure of lobbying if applicable)
CD-511 (Certification of lobbying)
ED-900 (General Application)
Impact and engagement narrative
Budget narrative
Match documentation
CEDS documentation
Copy of relevant FEMA Disaster Declaration
Indirect Cost Rate documentation
State point of contact compliance documentation, if applicable
Organizational documents for nonprofits
Rolling/ Fixed Deadline:
Rolling
Period of Performance :
EDA anticipates awards will typically have a period of performance of 12 to 48 months. Note: Readiness Path projects may have substantially shorter durations, depending on applicant needs.
Who's Eligible?:
- Economic Development Districts
- Economic development organizations
- Federally recognized tribes
- Institutions of higher education
- Nonprofits
- Public-private partnerships
- State governments
Eligible Uses:
- Planning, Resilience & Mitigation
Additional detail on uses:
Non-construction projects to build local capacity and prepare for future implementation projects. Readiness projects include funding for recovery strategies, disaster recovery coordinators or other capacity building activities, and pre-development expenses.Projects must be located in, primarily serve, or demonstrably benefit one or more communities in areas that received a major disaster designation occurring in calendar years 2023 and 2024.
Prohibited Uses:
Readiness projects must be non-construction. Readiness projects may not directly advance:▪ Residential / Housing Development▪ Community amenities like pools, zoos, recreational centers▪ Casinos / Gaming Facilities
Award Mechanism:
Competitive
Total funding available:
$1.45 billion (among all three paths)
Match/Cost Share Details:
20% - Match for readiness grants can be either cash or in-kind.
Award Selection Criteria:
Readiness applications will be reviewed based on four award criteria, weighed equally: 1. Disaster Recovery and Community Need - Clearly articulates an understanding of community’s disaster recovery needs 2. Project Strategy - Addresses capacity needs to better prepare and meet community’s future needs. 3. Feasibility - Is likely to succeed 4. Performance Goals and Measures of Success - Is impactful in driving economic recovery and helping to move the community toward project readiness
Specific Compliance Requirements:
Subject to federal compliance requirements
Procurement:
Federal and state law procurement