$1.45 Billion in Supplemental Economic Funding Available for Disaster Recovery

The United States Economic Development Administration has announced the Notice of Funding Opportunity (NOFO) for its Fiscal Year (FY) 2025 Disaster Supplemental Grant Program. This program makes approximately $1.45 billion available to areas that received major disaster declarations in the calendar years 2023 and 2024 for economic recovery activities.

EDA’s Disaster NOFO provides funding through three funding pathways:

• Readiness Path – Capacity building and strategic planning projects that set the stage for future investment.
• Implementation Path – Standalone construction and non-construction projects that help communities recover from natural disasters and advance recovery and growth.
• Industry Transformation Path – Coalition-led, multi-project portfolios that transform regional economies through targeted industry development.

Funds can support both construction and non-construction projects. The EDA will fund up to 80% of the project with higher percentages available for severely distressed applications and Tribal organizations. Applications are accepted on a rolling basis until funds are spent for Readiness and Implementation path projects, while Industry Transformation grants will be due March 3, 2026

State and local governments, Native tribes, higher education institutions, public or private non-profit organizations that work with local government, economic development organizations, and public-private partnerships for public infrastructure are eligible.

To learn more, contact Rania Campbell-Bussiere, Senior Grant Specialist.