U.S. EDA announces $483 million in long-term economic recovery funds available for regions impacted by natural disasters

The U.S. Economic Development Administration (EDA) is now accepting applications through the FY2023 Disaster Supplemental Funding Notice of Funding Opportunity.

Approximately $483,000,000 is available, with a maximum individual award of $30,000,000.

The awards are designed to support those regions impacted by Hurricanes Ian and Fiona, wildfires, flooding and other natural disasters (2021-2022).

The awards made under this NOFO are designed to address economic challenges in those areas where a Presidential declaration of a major disaster has been issued.

Funding will help communities devise and implement long-term economic recovery strategies through a variety of construction and non-construction projects.

Eligible applicants include Tribal nations, non-profit organizations, colleges and universities, district organizations of an Economic Development District (EDD), and state, county or city subdivisions engaged in economic or infrastructure activities.

Individuals and for-profit entities are not eligible for funding under this NOFO.

Learn more and apply here.

You must be logged in to post a comment