11.307: Economic Adjustment Assistance

11.307

Active

Economic Development Administration (EDA) [DOC]

May 13, 2022

May 13, 2022

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 disaster, a military base closure, or environmental changes and regulations.

B - Project Grants (Cooperative Agreements)

EDA is not authorized to provide grants or cooperative agreements under its Public Works or EAA programs to individuals or to for-profit entities. Requests from such entities will not be considered for funding. Pursuant to Section 3 of PWEDA (42 U.S.C. § 3122) and 13 C.F.R. § 300.3, 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.

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.

11.302 - Economic Development Support for Planning Organizations

11.303 - Economic Development Technical Assistance

11.300 - Investments for Public Works and Economic Development Facilities

https://sam.gov/fal/fe739093f88a4408b4a974c05c2bf639/view