April 24, 2023

EDA: Notice of Funding Opportunity Announced for Regions Impacte by Natural Disasters

The U.S. Department of Commerce, through the Economic Development Administration (EDA), today announced newly available support to those communities impacted by natural disasters in 2021 and 2022.   Today, the FY23 EDA Disaster Supplemental Notice of Funding Opportunity was published at grants.gov and on eda.gov. Applicants can apply here.

The awards that will be made under this Notice of Funding Opportunity (NOFO) are designed to address economic challenges faced by communities affected from Hurricanes Fiona and Ian, major wildfires and floods, and all other 2021 and 2022 declared natural disasters. Funding will help communities devise and implement long-term economic recovery strategies through a variety of construction and non-construction projects. 

“Disaster recovery is a critical part of EDA’s mission to ensure all communities have the support they need to grow the strongest and most resilient economy possible and put their people back to work,” said Assistant Secretary of Commerce for Economic Development Alejandra Y.  Castillo. “We are grateful to Congress for this disaster relief supplemental funding. The President’s ‘Investing in America’ agenda underscores that no community be left behind, and this funding will help us ensure those hit hardest by disasters get the help they need.”  

EDA has a long history of supporting locally led recovery and resiliency efforts through the Disaster Supplemental Funding program. Since the early 1990s, EDA has received a total of $3 billion in supplemental appropriations from Congress to support long-term economic recovery and resiliency in the aftermath of disasters.

EDA is soliciting applications under the authority of its Economic Adjustment Assistance (EAA) program, which is designed to provide flexible and responsive economic development support to meet a region’s particular needs.  

Eligible applicants include Tribal nations, nonprofit organizations, colleges and universities, district organizations of an Economic Development District (EDD), and municipalities engaged in economic or infrastructure activities. Individuals and for-profit entities are not eligible for funding under this NOFO.  

The FY23 EDA Disaster Supplemental Notice of Funding Opportunity was published at grants.gov and on eda.gov. There is no deadline under this announcement. Applications will be accepted on a rolling basis. EDA anticipates it will begin making awards in August 2023. EDA anticipates strong demand for this program and encourages applicants to work with their Economic Development Representatives to prepare and submit a competitive proposal in a timely manner.   

About the U.S. Economic Development Administration (www.eda.gov)
The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation’s regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA invests in communities and supports regional collaboration in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth. 

This post was originally published here.