Economic Adjustment Assistance (EAA)

Economic Development Administration (EDA)

Program

Economic Adjustment Assistance (EAA)

Purpose

Provide investments to support a wide range of construction and non-construction activities in regions experiencing adverse economic changes that may occur suddenly or over time.

Eligible Activities

• Construction/upgrading public infrastructure
• Design and implementation of sectoral partnerships
• Activities necessary to strengthen cluster acceleration and expansion
• Capitalization and recapitalization of revolving loan funds
• Development and implementation of long-term disaster recovery and resiliency plans
• Enhancement of infrastructure to make it more resilient to natural disasters
• Implementation of military base realignments and closures
• Development and expansion of commercial centers
• Procurement of equipment for workforce training programs
• Market and industry research/analysis for larger economic projects
• Creation or expansion of foreign direct investment, trade, or export initiatives
• Economic development projects that enhance density in the vicinity of other economic development
• Strategy grants to develop, update, or refine Comprehensive Economic Development Strategy (CEDS)
• Development of projects that provide technical assistance to enhance the capacity of key economic development actors in the region to promote the region’s locally owned strategies

Eligible Organizations (Grants)

Federally Recongized Native American Tribal Governments , Counties , Higher Education & other Education Institutions , Non-Profit Organizations , Public Entities

Match

Varies based on project

Eligible Organizations Note: District organizations (multi-municipal authorities); federally recognized Indian Tribes; states, counties, cities, or any other political subdivisions of a state; institutions of higher education; and public/private non-profit organizations acting in cooperation with political subdivisions of a state.

NOTE: Projects in high-poverty areas are given precedence unless the project is of particular economic significance. To determine if your community is a high-poverty area, click here.

Funding Note: Grants and loans up to $200,000 for environmental assessments; grants and loans up to $1 million for remediation

Match Note: Generally, 50% match is required for all EDA projects

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