EDA FY25 Disaster Supplemental
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
AI Contract Overview
The Economic Development Administration (EDA) is offering funding through the EDA FY25 Disaster Supplemental solicitation to support regions severely impacted by natural disasters occurring in 2023 and 2024, such as hurricanes, wildfires, tornadoes, and floods. The program aims to help these communities not only recover from economic harm but also improve their economic conditions beyond their pre-disaster state. Funding is targeted toward projects that address community needs post-disaster, with particular involvement from private industry partners to foster comprehensive economic recovery and growth. This solicitation provides funding through three distinct pathways. The Readiness Path supports non-construction projects focused on strategy development, capacity building, and predevelopment costs to prepare communities for future disaster recovery funding. The Implementation Path funds both construction and non-construction projects designed to directly address economic challenges and stimulate improvement in disaster-affected areas. The Industry Transformation Path promotes large-scale, multicomponent projects led by coalitions of regional stakeholders aimed at fundamentally reshaping the economic future of a region by accelerating the growth or development of key industries. The EDA seeks to fund projects that are strategic, inclusive, and capable of setting communities along a stronger, more prosperous economic trajectory.
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Full Description
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.
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.
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