Investments for Public Works and Economic Development Facilities

EDA’s Public Works program helps distressed communities revitalize, expand, and upgrade their physical infrastructure. This program enables communities to attract new industry, encourage business expansion, diversify local economies, generate local investment, and create or retain long-term jobs through land acquisition, development, and infrastructure improvement projects that establish or expand industrial or commercial enterprises.

Pursuant to Section 3(6) of PWEDA (42 U.S.C. 3122(6)(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; (v) public or private non-profit organization or association acting in cooperation with officials of a political subdivision of a State; (vi) an economic development organization; or (vii) a public-private partnership for public infrastructure. Individuals and for-profit entities are not eligible for funding.

Projects are evaluated with the criteria each of which will receive equal weight: i. The project’s feasibility or likelihood that it will achieve its projected outcomes on the proposed schedule; ii. The extent to which the project demonstrates support from and involvement with regional stakeholders, e.g. private, public, and non-profit entities, community-based organizations, workforce development boards, economic development organizations, schools, community colleges, neighborhood and housing associations, and the communities that stand to benefit; iii. The extent to which the project demonstrates resiliency to future sudden and severe economic dislocations, e.g., closures of major local employers, etc.; iv. The extent to which the project is aligned with and integrated into other public or private investments 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 whether the project will create jobs and registered apprenticeships; vii. The project’s demonstrated ability to promote private investment in the regional economy; and viii. 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...

This program has no statutory formula. Generally, the amount of the EDA grant may not exceed 60 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 addition, EDA’s regulations allow an investment rate of up to 100 percent for Indian tribes, for a State or political subdivision of a State that can document that it has exhausted its effective taxing and borrowing capacity, or for a non-profit organization that can document that it has exhausted its borrowing capacity.MOE requirements are not applicable to this assistance listing.

Not Applicable.