Texas Border Business
WASHINGTON – Today, Congressman Vicente Gonzalez (TX-15) encouraged Central and South Texan organizations to apply for natural disaster aid funding following the announcement of $587 million being made available by the U.S. Commerce Department’s Economic Development Administration (EDA). Eligible grantees must be in communities impacted by Presidentially declared natural disasters in 2018, and floods and tornadoes in 2019.
The EDA disaster grants are made by its Regional Offices under the Economic Adjustment Assistance (EAA) Program, which enables EDA to grant awards that support a wide range of construction and non-construction activities in areas which experience sudden and prolonged severe economic distress. EDA is not authorized to provide EAA grants to individuals or for‑profit entities.
“These funds are crucial for the economic redevelopment of the Rio Grande Valley in the aftermath of devastating flooding in June of 2018,” said Congressman Gonzalez. “Our community was hard hit and with this disaster aid we have a chance to get businesses back on their feet, create more jobs and bounce back faster than ever.”
The submission of applications should be based on long-term, regionally-oriented, and collaborative development strategies that foster economic growth and resilience.Eligible applicants under the EAA program include a(n): District Organization of an EDA-designated Economic Development District (EDD); Indian Tribe or a consortium of Indian Tribes; 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; institution of higher education or a consortium of institutions of higher education; or public or private non-profit organization or association acting in cooperation with officials of a political subdivision of a State.
For more information on the EDA disaster grants, click here.