EDA, DOL Announce $35.5 Million Available for Coal-Impacted Communities; Register for NADO & NARC Webinar on Grant Opportunities

Posted on: May 15th, 2015 by NADO Admin

This week, the U.S. Economic Development Administration (EDA) and Department of Labor (DOL) announced the availability of $35.5 million in federal funding to assist communities impacted by the contractions in the coal industry and power sector.  These funds are being made available as part of the Partnership for Opportunity and Workforce and Economic Revitalization (POWER) Initiative (https://www NULL.whitehouse NULL.gov/the-press-office/2015/03/27/fact-sheet-partnerships-opportunity-and-workforce-and-economic-revitaliz).  EDA will lead this interagency initiative, which is a coordinated effort to use already appropriated funds to make a down payment on the POWER+ Plan, a suite of proposals included in the president’s fiscal year (FY) 2016 budget request to invest in coal communities, workers, and technology.  The recently released Federal Funding Opportunity (http://www NULL.grants NULL.gov/web/grants/view-opportunity NULL.html?oppId=276458) for the POWER Initiative outlines implementation, evaluation, and application guidance for the up to $35.5 million in available funding from agencies including EDA, DOL’s Employment and Training Administration (ETA), the Small Business Administration (SBA), and the Appalachian Regional Commission (ARC).

The U.S. Economic Development Administration (http://www NULL.eda NULL.gov), the National Association of Development Organizations, and the National Association of Regional Councils (http://www NULL.narc NULL.org) will host a webinar on May 27 from 2:30 – 3:30 p.m. ET to take a closer look at the competitive grant opportunities available through the POWER Initiative.  Click here (https://attendee NULL.gotowebinar NULL.com/register/1790809039511139074) to register for the webinar.

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