1. EDA Resources for Economic Recovery and Resiliency
Florida Regional Councils Association
Orlando, Florida
September 27, 2018

2. EDA and Disaster Recovery Looking Forward: FY19
Topics
EDA Overview
EDA and Disaster Recovery
Looking Forward: FY19
Sample projects funded include:
Water and sewer system improvements
Industrial park infrastructure
High tech shipping and logistics facilities
Business incubators and accelerators
Brownfield redevelopment
Economic diversification strategies
Site-specific feasibility studies
Capitalization of Revolving Loan Funds (RLFs)

3. EDA Overview

4. EDA’s Mission
To lead the Federal economic development agenda by promoting innovation and competitiveness, preparing American regions for growth and success in the worldwide economy.

5. Fulfilling EDA’s Mission
Investments in infrastructure, capacity building and business development that attract private capital investments and high quality jobs to Regions experiencing substantial and persistent economic distress.
EDA fulfills its mission through a variety of funding programs with investments in infrastructure, capacity building and business development.
Investments in economically distressed regions that attract private investment and higher-skill, higher-wage jobs remain the core of what we do.

6. Eligible Applicants
State, county, city or other political subdivision of a State
District Organizations (Economic Development Districts)
Indian Tribes
Colleges and Universities
Non-profit organizations*
*Requires local government support

7. EDA Investment Programs
Public Works Program—Supports the construction, expansion or upgrade of essential public infrastructure and facilities.
Economic Adjustment Assistance Program—Provides a wide range of technical, planning, and public works and infrastructure assistance in regions experiencing adverse economic changes that may occur suddenly or over time.
Planning Program
Regional Innovation Strategies
Trade Adjustment Assistance for Firms
University Centers
Research and National Technical Assistance
Local Technical Assistance Program
Regional Innovation Strategies – Spurs innovation capacity-building activities by creating and expanding cluster- focused proof-of-concept and commercialization programs and early- stage seed capital funds.
Trade Adjustment Assistance for Firms – A national network of 11 Trade Adjustment Assistance Centers to help strengthen the competitiveness of American companies that have lost domestic sales and employment because of increased imports of similar goods and services.

8. EDA Investment Programs
Construction
Infrastructure improvements
Specialized facilities (R &D/Technology)
Business incubators
Workforce training facilities
Other
Non-Construction
Disaster recovery strategies
Target industry studies
Revolving loan funds
Sample projects funded include:
Water and sewer system improvements
Industrial park infrastructure
High tech shipping and logistics facilities
Business incubators and accelerators
Brownfield redevelopment
Economic diversification strategies
Site-specific feasibility studies
Capitalization of Revolving Loan Funds (RLFs)

9. EDA investments Create Jobs and Leverage Private Funds
Job Creation
EDA investments Create Jobs and Leverage Private Funds ★
EDA provides economic tools and seed investments to state and local governments, tribal organizations, universities, and non-profits in communities and regions suffering from severe economic distress ★
EDA targets its investments to attract private investment and support long-term job creation ★
EDA investments are focused on locally-developed, regionally-owned economic development strategies that directly contribute to economic development ★
EDA is helping communities compete in the 21st century by making catalytic investments that support regional competitiveness, innovation, and entrepreneurship

10. EDA and Disaster Recovery

11. EDA and Disaster Recovery
EDA was mobilized by FEMA to lead the Economic Recovery Support Function (RSF)
The Recovery Support Strategy provided to Florida identified key issues and recovery support strategies across multiple focus areas:
Economic Recovery
Housing
Health and Social Services
Community Planning and Capacity Building
Infrastructure Systems
Natural and Cultural Resources 19

12. Economic Recovery and Resiliency Workshops in Florida
EDA and Disaster Recovery
Economic Recovery and Resiliency Workshops in Florida
Purpose:
Share and discuss best practices in economic resiliency planning and
Foster connections (public/private) among local, regional, state, and federal partners to support long-term recovery efforts in Florida.
Date Location Venue
February 12, 2018 Fort Myers (Lee County) Southwest Florida Regional Planning Council
February 13, 2018 North Naples (Collier County) North Collier Regional Park
February 14, 2018 LaBelle (Hendry County) LaBelle Civic Center
February 15, 2018 Sebring (Highlands County) Bert J. Harris Agri-Civic Center
February 15, 2018 Winter Haven (Polk County) Chain of Lakes Complex
February 16, 2018 Crystal River (Citrus County) Citrus County Visitors & Convention Bureau
February 27, 2018 Marathon (Monroe County) Faro Blanco Resort & Yacht Club

13. FY18 Disaster Supplemental
Under the Bipartisan Budget Act of 2018 (PL ), signed in February, Congress provided EDA with $600M in additional Economic Adjustment Assistance (EAA) Program funds for disaster relief and recovery. EDA anticipates awarding:
$587M in grants to assist communities experiencing
economic distress or economic harm resulting from:
Hurricane Harvey (TX, LA)
Hurricane Irma (FL, GA, SC, PR, VI)
Hurricane Maria (PR, VI)
Wildfires and other Federally-declared natural
disasters occurring in calendar year 2017
$1M for OIG investigations and audits
Up to 2% to cover EDA salaries and expenses

14. Disaster Supplemental Objectives
To help communities and regions recovering from Federally declared disasters devise and implement long-term economic recovery strategies through a variety of non-construction and construction projects, including:
Development of disaster recovery strategies (“strategy grants”)
Implementation of recovery projects:
Rebuilding damaged infrastructure/construction projects
Capitalizing revolving loan funds with disaster nexus
Disaster resilience activities
Other activities eligible for support under the EAA program, as long as assistance is related to the area’s disaster recovery 10

15. Investment Priorities For FY18 Disaster Supplemental
All projects must have a logical nexus with:
At least one of DOC’s Disaster Recovery Investment Priorities (NOFO A.2) priorities/disaster-recovery
Recovery and Resilience
Critical Infrastructure
Workforce Development and Manufacturing
Exports and Foreign Direct Investments
Disaster Recovery and Resilience
Investment
Priorities
Applicant Project
Disaster Recovery and Resilience (NOFO D.2.b.5)
The nexus between the proposed project scope of work and disaster recovery and resilience efforts. 11

16. What is Resilience? Resilience is defined in the NOFO, section A.4
Applicants seeking EDA disaster supplemental funds must clearly incorporate “resilience principles” that enhance the community or region’s ability to anticipate, withstand and recover from future disruptions to their economic base.
Resilience is defined in the NOFO, section A.4
Examples include:
Economic diversification efforts to broaden the region’s industrial base
Projects to enhance business retention and expansion
Projects to strengthen existing high growth sectors and industries
Construction of high performance/resilient infrastructure
Comprehensive planning efforts to define and implement a collective vision for economic recovery
Further information on economic resilience is available on EDA’s website: 12

17. FY18 Disaster Supplemental – Regional Allocations
EDA has allocated $587M in EAA Program Funds to its six Regional Offices based on
several factors, including but not limited to:
CONGRESSIONAL INTENT (i.e., specific mention by Congress of areas impacted by Hurricanes Harvey, Irma and Maria, wildfires)
severity of the disaster’s economic IMPACT, and
level of economic DISTRESS in affected areas.
Region
Allocation
Atlanta
$147,362,000
Austin
$129,119,000
Chicago
$8,005,000
Denver
$17,435,000
Philadelphia*
$191,269,000
Seattle
$93,810,000
At this point, ATRO is oversubscribed by approximately 2 to 1.
* Philadelphia region includes Puerto Rico and the US Virgin Islands
When appropriate, EDA may exercise its discretion to adjust the allocations to the Regional Offices based on its experience in administering disaster supplemental appropriations to ensure funds are used to maximum effect, or to adjust to unforeseen changes in recovery efforts. 13

18. FY18 Funded Projects Recap of FY 18 approved projects:
Eighteen (18) projects
Approximately $36 million awarded
Leveraging total project costs of $48.8 million
Six projects awarded a combined $32.7 million under the disaster supplemental
DEO: website update
DEO – Statewide RLF to support business recovery and resiliency
City of North Miami – Industry diversification study
SWFRPC – Regional sustainability study (Small farm sector)
CFRPC – Strategic action plan (Aviation industry)
WFRPC – Disaster recovery coordinator
Twelve projects funded under regular appropriations (EA)
At this point, ATRO is oversubscribed by approximately 2 to 1. 13

19. FY18 Funded Projects
Twelve projects awarded a combined $2.9 million under regular appropriations
Disaster Recovery Coordinators – 8
IEDC – Disaster Recovery Program
Embry-Riddle Aeronautical University - Research Hangar
Innovate 2.0 Northeast Florida
At this point, ATRO is oversubscribed by approximately 2 to 1. 13

20. Looking Forward: FY19

21. Looking Forward: FY19 Key Considerations:
Consider what economic resiliency looks like in your region
Support implementing regional/local projects through recovery coordinators
Coordinate with local stakeholders to complete/submit disaster supplemental projects ASAP
Explore CDBG-DR funding opportunity for unmet housing/economic revitalization/infrastructure needs
Closely watch Opportunity Zones roll out
Remember EDA’s Investment Priorities:
Recovery and Resilience
Critical Infrastructure
Workforce Development and Manufacturing
Exports and Foreign Direct Investments
At this point, ATRO is oversubscribed by approximately 2 to 1. 13

22. Contact Information
Greg Vaday, AICP
Economic Development Representative
U.S. Economic Development Administration
401 West Peachtree St., N.W., Suite 1820
Atlanta, Georgia 30308
Phone: (404)