Economic Adjustment Assistance

 

The EAA program provides a wide range of technical, planning, and public works and infrastructure assistance in regions experiencing adverse economic changes that may occur suddenly or over time. These adverse economic impacts may result from a steep decline in manufacturing employment following a plant closure, changing trade patterns, catastrophic natural disasters, a military base closure, or environmental changes and regulations.

Active 11.307 Economic Development Administration, Department of Commerce B - Project Grants Not applicable. Sections 209 and 703 of the Public Works and Economic Development Act of 1965, as amended (42 U.S.C. § 3121 et seq.) (PWEDA). 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. Beneficiaries of investments made under Economic Adjustment are those communities who satisfy one or more of the economic distress and/or "Special Need" criteria set forth in 13 C.F.R.? 301.3(a) and 13 C.F.R. ? 300.3 to revitalize, expand, or upgrade their economic development assets to attract new industry, encourage business expansion, diversify their local economies, and generate or retain long-term private sector jobs and capital investments. Investments are intended to alleviate long-term deterioration and sudden and severe economic dislocation in distressed communities and regions. In order to be eligible for funding under this NOFO, an applicant must propose a project that meets EDA's distress criteria. Applicants must self-define the appropriate region geographically. The 14 geographic area comprising a region need not be contiguous or defined by political boundaries but should constitute a cohesive area capable of undertaking self-sustained economic development. Applicants must provide third-party data that clearly indicate that the relevant region is subject to one (or more) of the following economic distress criteria: (i) an unemployment rate that is, for the most recent 24-month period for which data are available, at least one percentage point greater than the national average unemployment rate; (ii) per capita income that is, for the most recent period for which data are available, 80 percent or less of the national average per capita income; or (iii) a "Special Need," as determined by EDA. Applicants may find EDA-funded tools useful in characterizing economic development needs in their region. These can be found https://www.eda.gov/grant-resources/tools. Preapplication coordination is required. An environmental impact assessment is required for this listing. This program is eligible for coverage under E.O. 12372, "Intergovernmental Review of Federal Programs." An applicant should consult the office or official designated as the single point of contact in his or her State for more information on the process the State requires to be followed in applying for assistance, if the State has selected the program for review. EDA strongly encourages applicants to consult with the EDA representative for their State to discuss whether their project is in alignment with EDA’s Investment Priorities, eligibility requirements, cost-sharing requirements, property standards, or other requirements outlined in this PWEAA NOFO. This consultation is limited to clarification of technical matters involving their proposed project, project alignment with EDA’s mission and Investment Priorities, and all other relevant and publicly available information relating to general technical matters. 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. FY 2023 EDA Public Works and Economic Adjustment Assistance Programs Department of Commerce Economic Development Administration Review and Selection Process a. Competitiveness Review (CR) Process For construction and non-construction projects, except proposals for preparation or revision of a CEDS, EDA will conduct a Competitiveness Review (CR). In CR, each Regional Office will review applications for their region. This review will be conducted by at least two EDA staff members. This CR team will review each application against the pass/fail evaluation criteria described above. Applications that the two reviewers agree fail any of the listed criteria will be deemed "Not Competitive" and will not receive further consideration. Projects that pass all criteria will be deemed "Competitive" and will advance to a full merit review by an Investment Review Committee (described below). Grants for the preparation or revision of a CEDS are not subject to CR. b. Investment Review Committee (IRC) Process For projects deemed Competitive after the CR, and all proposals for preparation or revision of a CEDS, each EDA Regional Office will convene periodic IRCs consisting of at least three EDA staff members. The IRC will make a group evaluation of the merits of each application based on the extent to which the application meets the program specific award and application requirements. The IRC will evaluate and rate projects according to the criteria listed in E.1.b. above. Note: Throughout the application review and selection process, strategy grants will be evaluated independently from all other applications and will be reviewed based on specified strategy grants evaluation criteria. Not applicable. From 90 to 120 days. Not applicable. Not applicable. For construction and non-construction projects (except proposals for preparation or revision of a CEDS), the following criteria will receive equal weight: i.The project's feasibility or likelihood that it will achieve its projected outcomes on theproposed schedule; ii.The extent to which the project demonstrates support from and involvement with regionalstakeholders, e.g. private, public, and non-profit entities, civil rights- and equity-focusedorganizations, community-based organizations, civil society and consumer-focused groups,unions and worker organizations, workforce boards, economic development organizations,schools, community colleges, neighborhood and housing associations, and the communitiesthat stand to benefit; iii.The extent to which the project incorporates resiliency principles articulated in sectionA.3.b. of this NOFO and demonstrates resiliency to future sudden and severe economicdislocations, e.g., closures of major local employers, climate change, etc.; iv.The extent to which the project is aligned with and integrated into other public or privateinvestments currently ongoing or planned for the community and region; v.The degree of economic distress experienced in the project region; vi.The project's demonstrated ability to foster job creation and retention, including whetherthe project will create union and well-paying, quality jobs with good benefits, andRegistered Apprenticeships when possible; vii.The project's demonstrated ability to promote private investment in the regional economy; viii.The extent to which the application articulates a plan for ensuring that the project's benefitsare shared across all affected communities, with a priority given to historically underserved areas, rural areas, minority populations, and women as discussed in section A.3.c. of this NOFO; and ix. The project's demonstrated alignment with EDA's current Investment Priorities as outlined at https://www.eda.gov/funding/investment-priorities. In addition to the above criteria, for workforce projects only, EDA will consider the following criterion equal to the combined weight of the above nine criteria: i. The extent to which the project incorporates the workforce principles articulated in section A.3.a. of this NOFO, including the number of job placements expected and the number and type of employer commitments, relative to the capacity of the region. The EAA program can assist state and local entities in responding to a wide range of economic challenges through:  Strategy Grants to support the development, updating or refinement of a Comprehensive Economic Development Strategy (CEDS).  Implementation Grants to support the execution of activities identified in a CEDS, such as infrastructure improvements, including site acquisition, site preparation, construction, rehabilitation and equipping of facilities. Specific activities may be funded as separate investments or as multiple elements of a single investment Performance Reports: EDA reserves the right to conduct site visits on an as-needed basis.. Single or program-specific audits shall be performed. The applicant is reminded that EDA or the Department of Commerce's Office of Inspector General also may conduct an audit of an award at any time. All financial and programmatic records, supporting documents, statistical reports and other records of recipients and sub-recipients are required to be maintained by the terms of the agreement. Statutory formula is not applicable to this assistance listing.

Matching is voluntary. Generally, the amount of the EDA grant may not exceed 50 percent of the total cost of the project. Projects may receive an additional amount that shall not exceed 30 percent, based on the relative needs of the region in which the project will be located, as determined by EDA. In the case of EDA investment assistance to a(n) (i) Indian Tribe, (ii) State (or political subdivision of a State) that the Assistant Secretary determines has exhausted its effective taxing and borrowing capacity, or (iii) non-profit organization that the Assistant Secretary determines has exhausted its effective borrowing capacity, the Assistant Secretary has the discretion to establish a maximum EDA investment rate of up to 100 percent of the total project cost.

MOE requirements are not applicable to this assistance listing. The period of performance for a given project will depend on the nature of the project for which the grant or cooperative agreement is awarded. Typically, strategy grants and non-construction projects may range in duration from 12 to 24 months. Construction projects are expected to range from 12 to 48 months and are expected to be completed within 5 years from award date. EDA will work closely with recipients to accommodate their projected timelines within reason and allowances of regulations and grant policies. EDA expects that all projects will proceed efficiently and expeditiously, and EDA expects applicants to clearly document how quickly they will be able to start and complete the proposed project scope of work within the above timeframes. As stated in the award terms and conditions. Funds are disbursed on a reimbursement basis. https://www.eda.gov/economic-adjustment-assistance EDA Programs
1401 Constitution Avenue, NW Room 71014
Washington, DC 20230 US
programs@eda.gov
Phone: 2024822900 http://www.eda.gov 13-2050-0-1-452 (Project Grants (Cooperative Agreements)) FY 22$100,000,000.00; FY 23 est $1,166,458,000.00; FY 24 est $1,166,458,000.00; FY 21$3,087,000,000.00; FY 20$1,567,000,000.00; FY 19$667,000,000.00; FY 18$37,000,000.00; FY 16$53,787,463.00; FY 17 est $48,000,000.00; - The average size of an EAA investment has been approximately $650,000, and EDA expects to make investments ranging from $150,000 to $2.5 million in FY2023. ACC, NCC, and BCC awards generally have ranged from $500,000 to $3 million for implementation projects and from $100,000 to $350,000 for planning activities. EDA anticipates making similar-sized awards, subject to the availability of funding. 13 CFR parts 300-302, 307. Not applicable.