WHAT DOES IT FUND? This program will help communities and regions devise and implement long-term economic recovery strategies through a variety of non-construction and construction projects to address economic challenges in areas where a Presidential declaration of a major disaster occurring in calendar years 2023 and 2024 was issued. Click here for more information.

WHO'S ELIGIBLE? District organizations of EDA-designated economic development districts (EDDs); Indian tribes or consortia of tribes; states, counties, cities, or other political subdivisions of a state; institutions of higher education or consortia of institutions of higher education; and public or private nonprofit organizations or associations

TOTAL FUNDING AMOUNT? $1,447,000,000

WHEN IS IT DUE? March 3, 2026 (Industry Transformation); Rolling (Readiness and Implementation)