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This department is offering the RESTORE Act Direct Component grant for eligible activities in the Gulf Coast region. The grant supports the restoration and protection of natural resources, workforce development, infrastructure projects, coastal flood protection, and more. Projects can include construction, real property acquisition, and planning assistance, with focus on enhancing the Gulf Coast environment and economy. The grant aims to mitigate damage from the Deepwater Horizon oil spill, promote tourism, seafood consumption, and job creation. Application deadline is Aug 31, 2022.
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Opportunity ID: 341614
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General Information
| Document Type:: | Grants Notice |
| Funding Opportunity Number:: | GR-RDC-22-002 |
| Funding Opportunity Title:: | RESTORE Act Direct Component – Construction and Real Property Acquisition Activities |
| Opportunity Category:: | Discretionary |
| Opportunity Category Explanation:: | |
| Funding Instrument Type:: | |
| Category of Funding Activity:: | Employment, Labor and Training |
| Category Explanation:: | RESTORE Act |
| Expected Number of Awards:: | 2 |
| Assistance Listings Number(s):: | 21.015 — Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States |
| Cost Sharing or Matching Requirement:: | No |
| Version:: | Synopsis 1 |
| Posted Date:: | Jul 01, 2022 |
| Last Updated Date:: | Jun 30, 2022 |
| Original Closing Date for Applications:: | Aug 31, 2022 |
| Current Closing Date for Applications:: | Aug 31, 2022 |
| Archive Date:: | Sep 30, 2022 |
| Estimated Total Program Funding:: | |
| Award Ceiling:: | $110,099,450 |
| Award Floor:: | $0 |
Eligibility
| Eligible Applicants:: | County governments |
| Additional Information on Eligibility:: | Louisiana Parish governments |
Additional Information
| Agency Name:: | U.S. Dept. of Treasury RESTORE Act Program |
| Description:: | Under the Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States Act of 2012 (RESTORE Act), Subtitle F of P.L. 112-141, the Gulf Coast Restoration Trust Fund (Trust Fund) was established in the Treasury of the United States. Eighty percent of the civil penalties paid after July 6, 2012, under the Federal Water Pollution Control Act in connection with the Deepwater Horizon oil spill will be deposited into the Trust Fund and invested. The RESTORE Act created five components through which funds will be disbursed.
Treasury is publishing multiple funding opportunity notices as part of the RESTORE Act. This announcement applies only to the Direct Component, and is only for applications for eligible non-construction activities, including projects with or without a non-federal share for another federally funded project. This announcement also includes planning assistance needed to prepare the Multiyear Implementation Plan (Multiyear Plan) required by the RESTORE Act. For eligible activities involving construction and/or acquisition of real property, applicants should refer to the construction and real property acquisition funding opportunity announcement. Trust Fund amounts are available to carry out eligible activities described in the RESTORE Act. These are: Eligible activities 1 through 7 listed above must be carried out in the Gulf Coast region. |
| Link to Additional Information:: | |
| Grantor Contact Information:: | If you have difficulty accessing the full announcement electronically, please contact: |
Version History
| Version | Modification Description | Updated Date |
|---|---|---|
| Synopsis 1 | Jun 30, 2022 |
Package Status
Package No: 1
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