EDA FY25 Disaster Supplemental
General information
Through this Disaster NOFO, EDA will award investments in regions experiencing severe economic distress or other economic harm resulting from hurricanes, wildfires, tornadoes, floods, and other natural disasters occurring in calendar years 2023 and 2024. EDA’s goal under this NOFO is to assist communities recovering from a disaster by realizing opportunities to recover and change the economic trajectory of the community for the better. In other words, EDA funding seeks to help communities recover and set them on a path to exceed their previous pre-disaster baseline. EDA seeks projects that are responsive to community needs post-disaster by engaging all aspects of the community, with special focus on private industry partners.
Assistance Listings: 11.307 -- Economic Adjustment Assistance
This Disaster NOFO provides funding through three pathways:
Readiness Path – Standalone non-construction projects designed to increase a community’s readiness to apply for or implement disaster recovery funding from private and public sources including, but not limited to, future EDA NOFOs and the Implementation or Industry Transformation Paths under this NOFO. Projects will fund strategy development, capacity building, and/or predevelopment costs necessary for future recovery projects.
Implementation Path – Standalone construction or non-construction projects designed to address the economic challenges faced by a community recovering from a natural disaster and improve economic trajectories beyond pre-disaster economic conditions.
Industry Transformation Path – Led by a coalition of regional stakeholders, a portfolio of large-scale, multicomponent construction and non-construction projects designed to fundamentally transform the economic trajectory of a region through the development or acceleration of an industry.
Applications for Readiness and Implementation grants will be accepted on an ongoing (rolling) basis. EDA is no longer accepting applications for the Industry Transformation Path. EDA anticipates strong demand for this program and encourages applicants to submit proposals as soon as they are viable and ready, and to work with their local Economic Development Representatives (EDR) to prepare a competitive proposal.
Funding details
Funding application timeline
Grant eligibility
Eligible applicants district organizations of an Economic Development District (EDD), Indian tribes, state and local governments, institutions of higher education, public or private nonprofits working with local governments, economic development organizations, and public-private partnerships for public infrastructure. Individuals and for-profit entities are not eligible for funding under this NOFO. Typically, EDA will fund up to 80% of project costs (up to 100% for Tribal and severely distressed applicants).