Value AD
CAN BE
ALTERNATIVE
INVESTMENT
FY 2023 EDA Public Works and Economic Adjustment Assistance Programs
PWEAA2023
Ryan M Smith Program Analyst
Funding Opportunity Number: PWEAA2023
Opportunity Category: Discretionary
Category Explanation: The Economic Development Administration's (EDA's) mission is to lead the Federal economic development agenda by promoting innovation and competitiveness, preparing American regions for economic growth and success in the worldwide economy. EDA fulfills this mission through strategic investments and partnerships that create the regional economic ecosystems required to foster globally competitive regions throughout the United States. EDA supports development in economically distressed areas of the United States by fostering job creation and attracting private investment. Under this NOFO, EDA solicits applications from applicants in order to provide investments that support construction, non construction, planning, technical assistance, and revolving loan fund projects under EDA’s Public Works program and EAA program (which includes Assistance to Coal Communities, Nuclear Closure Communities, and Biomass Closure Communities). 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 and nuclear power plant closures.
Expected Number of Awards: 3000
CFDA Number(s): 11.300 -- Investments for Public Works and Economic Development Facilities,11.307 -- Economic Adjustment Assistance
Cost Sharing or Matching Requirement: Yes
Posted Date: Mar 14, 2023 12:00:00 AM EDT
Closing Date: N/A
Closing Date Details: There are no application submission deadlines. Applications will be accepted on an ongoing basis until the publication of a new PWEAA NOFO, cancellation of this PWEAA NOFO, or all available funds have been expended. EDA intends to review applications expeditiously upon receipt of the complete application.
Award Ceiling: $30000000
Award Floor: $100000
Eligible Applicants: Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education,Others (see text field entitled "Additional Information on Eligibility" for clarification),Private institutions of higher education,County governments,State governments,Native American tribal governments (Federally recognized),Special district governments,Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education,City or township governments,Public and State controlled institutions of higher education
Additional Information on Eligibility: Pursuant to Section 3(4) of PWEDA (42 U.S.C. § 3122(4)(a)) and 13 C.F.R. § 300.3 (Eligible Recipient), eligible applicants for EDA financial assistance under the Public Works and EAA programs include a(n): (i) District Organization of an EDA-designated Economic Development District; (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. Individuals and for-profit entities are not eligible for funding under this NOFO.
Agency Name: Ryan M Smith Program Analyst
Description:
*NEW APPLICATION PROCESS - PLEASE READ*
EDA is excited to announce the launch of its new grants management platform: the Economic Development Grants Experience (EDGE). EDGE was developed to streamline the application and grants management process by implementing a single platform with increased transparency, improved user experience, higher data quality, and more efficiency throughout the entire grant lifecycle.
As of April 6th, the PWEAA2020 NOFO is closed, and PWEAA2023 is open for applications. Applications for PWEAA2023 will only be accepted through EDGE. To apply for funding under this NOFO, please review the NOFO here on Grants.gov and go to: sfgrants.eda.gov to apply. More information on how to apply is provided in the full NOFO.
Program Overview:
EDA has authority to provide grants to meet the full range of communities’ and regions’ economic development needs from planning and technical assistance to construction of infrastructure. These grants are made through a series of Notices of Funding Opportunity (NOFOs) that can be found on EDA’s website at https://www.eda.gov/funding/funding-opportunities and are designed to support the economic development activities most useful to a community based on its needs and circumstances. EDA funds community or regionally generated ideas and assists communities to advance to the next level of economic development.
This NOFO, which supersedes the FY20 PWEAA NOFO, sets out EDA’s application submission and review procedures for two of EDA’s core economic development programs authorized under the Public Works and Economic Development Act of 1965, as amended (42 U.S.C. § 3121 et seq.) (PWEDA): (1) Public Works and Economic Development Facilities (Public Works) and (2) Economic Adjustment Assistance (EAA).
EDA supports bottom-up strategies that build on regional assets to spur economic growth and resiliency. EDA encourages its grantees throughout the country to develop initiatives that present new ideas and creative approaches to advance economic prosperity in distressed communities.
Through this NOFO EDA intends to advance general economic development in accordance with EDA’s investment priorities, but also to pursue projects that, where practicable, incorporate specific priorities related to equity, workforce development, and climate change resiliency so that investments can benefit everyone for decades to come.
Grantor Contact Information: If you have difficulty accessing the full announcement electronically, please contact: the EDA representative for your state. A complete list of EDA representatives is available on EDA's website at http://www.eda.gov/contact/
