EDA Disaster Supplemental Funding

Description

This program helps communities and regions create and implement long-term economic recovery strategies following a federal declaration of disaster. Funds may be used for non-construction and construction projects that address economic challenges in disaster-impacted areas.

Eligibility

Local, state and tribal governments, institutions of higher education, nonprofits in federally declared disaster areas

Role In Creative Placemaking

Funds can be used for disaster recovery, as well as for projects that improve the physical and economic disaster resilience of targeted places. Placemaking can play a role in planning efforts, creative elements could be woven into infrastructure improvements, or an impacted community may wish to pursue an economic recovery strategy rooted in arts and culture.

Match

EDA generally expects to fund up to 80% of the eligible costs of such assistance

Previous

Business Economic and Development Center at the University of Puerto Rico at Mayaguez – Mayaguez, PR

Hinesville Development Authority business incubator – Hinesville, GA

Role in Creative Placemaking

This section represents our attempt to capture how this specific funding opportunity might fit into a placemaking initiative.

Eligibility

Who can apply? Eligibility is often limited, but in partnership with other entities you may identify an access point, such as subgrant opportunities. This information can help you determine which potential partners in your community might be able to access the funds.

Previous Projects/Grantees

These examples show how these funds have been used for creative or placemaking endeavors in the past, the types of organizations that have successfully accessed the funds and/or the types of activities for which the funds can be used.

Max Award

Maximum funding amounts can vary from year to year. We have provided the most recent information available. Where available, we also include a median or a range in cases in which the maximum is not typical of an average award.

Match Requirement

Most federal programs require some form of cost sharing. This is expressed differently for different agencies and programs. Sometimes a direct 1:1 match is specified. Other times, the application will state the maximum percentage of a project cost that the funding award can cover. We include this information, where available, in order to give you a sense of what to expect when applying for a particular funding program.

Compliance

Most federal funding programs will require financial and progress reports at least annually, along with a final report. We consider this to be a "moderate" compliance burden. Where a higher degree of data collection and reporting is indicated, we convey that information with a "substantial" rating.