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The Economic Development Administration (EDA) has published the FY17 Economic Development Assistance Programs (EDAP) Federal Funding Opportunity (FFO). The FFO and related information are posted at https://www.eda.gov/funding-opportunities.
Funding Opportunity Number: EDAP2017
EDA provides strategic investments on a competitive merit basis to support economic development, foster job creation, and attract private investment in economically distressed areas of the United States. Under this FFO, EDA solicits applications from applicants in order to provide investments that support construction, non-construction, technical assistance, and revolving loan fund projects under EDA’s Public Works and EAA programs. 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.
EDA employs a two-phase review process for proposals/applications submitted under this FFO. There are no submission deadlines. Proposals and applications will be accepted on an ongoing basis until the publication of a new EDAP FFO. Proposals will be reviewed by EDA within 30 days of receipt. Following the proposal review, full applications will be reviewed within 60 days of receipt. (See Section D of this FFO for information on EDA’s two-phase review process.)
While the FY16 FFO incorporated significant procedural changes (i.e., established a two-phase application process) the FY17 FFO features some non-substantive clarifications and enhancements in language and requirements. Key changes include modifications to the EDA Investment Priorities language (no new priorities but modified language), clarification of the application submission requirements to include a budget narrative, and incorporation of additional requirements under the Reporting section. Specifically:
If you are unable to access the announcement electronically, please contact the EDA representative for your state. A list of EDA representatives is posted at www.eda.gov/contact/.