Economic Adjustment Assistance Program - Nuclear Closure Communities - American Cities Climate Challenge

Economic Adjustment Assistance Program - Nuclear Closure Communities

Federal Agency

Sub-Department

Economic Development Administration (EDA)

Purpose

To support communities impacted by closures of nuclear power plants throughout the United States have had a significant impact on the economic foundations of surrounding communities through sudden job losses and a reduction to the local tax base.

Applicant and/or Project Eligibility Requirements

Projects must meet the NCC Special Need eligibility criterion in Section C.3.b.k. NCC funds may be used to make awards for any activity eligible for an award under EAA, including but not limited to early-stage strategic planning activities, public works (construction) investments, and economic diversification initiatives.

Decarbonization Considerations

This funding can support the public infrastructure needed to create new or enhance existing programs for clean energy or EV supply chain opportunities. Explore integrating new clean energy and EV supply chain manufacturing hubs/business parks into regional economic development plans.

Equity Considerations

This is an opportunity to enhance supply chains, attract new energy and transportation sectors, and provide job training for out of work energy and industry professionals or those looking to transition to clean energy and EV supply chain related industries. This is particularly critical for communities in transition from being heavily reliant on nuclear plants.

Helpful Tips

Applicants are strongly encouraged to contact the EDA representative listed for their applicable State in Section G of this NOFO before submitting an application to EDA to clarify technical matters involving their project, its alignment with EDA’s mission and Investment Priorities, and all other relevant publicly available information relating to general technical matters.

Other Notes

Due to the extraordinary level of interest in EDA’s CARES Act Recovery Assistance there has been an unusually high volume of applications received. Prospective applicants are strongly encouraged to contact their applicable EDA Regional Office representatives to discuss their needs and availability of funds. Prospective applicants can find current contact information for EDA Regional Office staff at https://www.eda.gov/contact/.

Deadline (Announced or Anticipated)

Rolling, early application recommended by March 31, 2022

Funding Available

$13,500,000

Max Award Amount

$2,000,000 for implementation; $350,000 for planning

Expected Allocations

N/A

Average Award (Estimated)

N/A

Matching Funds

Minimum match of 20%, varying based on level of economic distress

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