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EDA announces $30 million in funding for distressed coal communities
Kirill Abbakumov   on Thursday, July 6, 2017 at 11:59:00 am

On June 23, the Economic Development Administration (EDA) has published a Notice of Funding Availability (NOFA) of $30 million to assist coal communities and create jobs through the 2017 Assistance to Coal Communities (ACC 2017) initiative. In distributing the funding, EDA expects to accept ACC 2017 proposals and applications on an ongoing basis throughout FY2017 until all available funding has been obligated.

The $30 million in ACC 2017 funds available for application are targeted to directly assist communities and regions severely impacted by the declining use of coal through activities and programs that support economic diversification, job creation, capital investment, workforce development and re-employment opportunities. Under the ACC 2017 initiative, EDA is seeking applications for projects and activities that will:

  • Support the creation of new businesses and jobs in a variety of industry sectors;
  • Create or implement economic diversification strategies targeting affected workers and businesses;
  • Develop a business incubator program;
  • Enhance access to and use of broadband services to support job growth;
  • Facilitate access to private capital investment, and provide related capacity building and technical assistance;
  • Promote market access for goods and services created and manufactured by businesses in the impacted community/region.

The initiative is part of Trump administration’s efforts to reverse burdensome regulations that have squeezed the American energy sector and rural communities, as well as to block the anti-coal initiatives by the Environmental Protection Agency (EPA) and other agencies.

Prospective applicants are encouraged to refer to the NOFA on grants.gov for more details on the ACC 2017 funding, including eligibility, matching-fund requirements, and other information.