[Federal Register Volume 60, Number 103 (Tuesday, May 30, 1995)]
[Notices]
[Page 28302]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-13102]




[[Page 28301]]

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Part V





Department of Commerce





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Economic Development Administration



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Economic Development Assistance Program for Disaster Relief Activities, 
Southeast Floods of 1994, Availability of Funds; Notice

Federal Register / Vol. 60, No. 103 / Tuesday, May 30, 1995 / Notices 
 
[[Page 28302]] 

DEPARTMENT OF COMMERCE

Economic Development Administration
[Docket No. 95-0522138-5138-01]


Economic Development Assistance Program for Disaster Relief 
Activities, Southeast Floods of 1994, Availability of Funds

AGENCY: Economic Development Administration (EDA), Department of 
Commerce, (DoC).

ACTION: Notice.

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SUMMARY: The Economic Development Administration (EDA) announces the 
policies and the application procedures for funds available to support 
disaster relief programs designed to assist affected states and local 
communities to recover from the consequences of the Southeast Floods of 
1994, and for other disasters.
    EDA offers a variety of program tools to assist affected 
communities. The primary emphasis of EDA's program will be to assist 
flood-impacted areas with the development and implementation of 
strategies that are needed for long-term economic relief, including 
planning and technical assistance; the capitalization and 
recapitalization of Revolving Loan Funds; the construction of new and 
expanded infrastructure and development facilities required for 
economic development of the area; and other economic development 
programs designed to alleviate the economic distress of the areas.

DATES: This announcement is effective May 30, 1995. Funds shall remain 
available until expended.

ADDRESSES: To establish merits of project proposals, interested parties 
should contact the Atlanta Regional Office or the appropriate Economic 
Development Representative for the area (see listing in Appendix A).

FOR FURTHER INFORMATION CONTACT: See listing in Appendix A of this 
Notice.

SUPPLEMENTARY INFORMATION: Buy American-Made Equipment or Products--
Applicants are hereby notified that they will be encouraged, to the 
greatest extent practicable, to purchase American-made equipment and 
products with funding provided under this program in accordance with 
Congressional intent as set forth in the resolution contained in Public 
Law 103-317, Sections 607 (a) and (b).
    Refer to the Notice published on March 14, 1995, in the Federal 
Register (60 FR 13866) for information on EDA's general policies and 
other requirements.

    Authority: Support for this program is authorized under the 
contingency fund provided to EDA under Title VII, Public Law 103-317 
(Fiscal Year 1994 Supplemental Appropriations).

Catalog of Federal Domestic Assistance (CFDA)

    The Special Economic Development and Adjustment Assistance 
Program--Long-Term Economic Deterioration (LTED) and Sudden and Severe 
Economic Dislocation (SSED) is listed under CFDA 11.307 (13 CFR Part 
308). Planning and Technical Assistance are listed under CFDA 11.302, 
11.305 and 11.303 (13 CFR Part 307, Subpart A; and 13 CFR Part 307, 
Subpart D).

Funding Availability

    Funds in the amount of $50 million are available for this disaster 
relief program and shall remain available until expended. The funds are 
available for awarding disaster assistance grants pursuant to the 
Public Works and Economic Development Act of 1965, as amended.

Grant Rates

    Grant rates, as established by the Public Works and Economic 
Development Act of 1965, as amended (PWEDA) and its implementing 
regulations at 13 CFR chapter III, may vary if permitted by PWEDA and 
its implementing regulations, and depending on the relative needs and 
financial capacity of applicants. In most cases, a nonfederal local 
share will be required. In rare and extenuating circumstances, EDA may 
waive the local share requirement where permitted by the PWEDA and its 
implementing regulations at 13 CFR chapter III. Local share 
requirements are discussed in the Federal Register of March 14, 1995, 
(60 FR 13866) announcing the policies and application procedures for 
EDA's FY 1995 programs.

Eligible Applicants

    Eligible applicants include any of the states or political 
subdivisions thereof, including municipalities, and economic 
development districts, Indian tribes, and nonprofit corporations 
representing an EDA designated redevelopment area or part thereof 
located in areas affected by the Southeast Floods of 1994, and other 
disasters. Eligible applicants are further identified in the Federal 
Register of March 14, 1995, (60 FR 13866).

Proposal Submission Procedures

    Proposals for assistance authorized under Title VII, Chapter I, of 
Public Law 103-317 shall be submitted to the Atlanta Regional Office or 
Economic Development Representative for the area, as noted in Appendix 
A. Applicants must clearly demonstrate how the EDA assistance will help 
the area recover from the economic hardship and other problems caused 
by the floods, or other disasters, and that such assistance has been 
preceded by sound planning. Interested parties should contact the 
appropriate office for a proposal package.

Application Procedures

    A determination of whether to invite a grant application for EDA 
assistance will be issued based upon the outcome of the Agency's review 
of the applicant's preliminary application/proposal. Application 
procedures, competitive selection criteria and post approval project 
implementation information for the applicable assistance are described 
in the Federal Register of March 14, 1995, (60 FR 13866) announcing 
EDA's Notice of Availability of Funds for FY 1995.
Funding Instrument:

    Funds will be awarded as grants in accordance with the requirements 
of Title III and Title IX of the Public Works and Economic Development 
Act of 1965, as amended (Public Law 89-136; 42 U.S.C. 3121 et seq.) 
(PWEDA). The appropriate title for grant application and award will be 
determined by EDA based on the nature of the project and the 
eligibility of the area.

    Dated: May 15, 1995.
Wilbur F. Hawkins,
Acting Assistant Secretary for Economic Development.

Appendix A

    For further information contact the Atlanta Regional Office or 
the appropriate Economic Development Representative (EDR) listed 
below: Atlanta Regional Office, 401 West Peachtree Street, N.W., 
Suite 1820, Atlanta, Georgia 30308-3510, Telephone: (404) 730-3002.

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                                                               States   
                           EDRs                               covered   
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Wayne F. Burnette, Aronov Building, Room 134, 474 South    Alabama.     
 Court Street, Montgomery, AL 36104, Telephone: (205) 223-              
 7008.                                                                  
Lola B. Smith, Federal Bldg., Room 423, 80 North Hughey    Florida.     
 Avenue, Orlando, FL 32801, Telephone: (407) 648-6572.                  
William J. Day, Jr., 401 West Peachtree Street, N.W.,      Georgia.     
 Atlanta, GA 30308-3510, Telephone: (404) 730-3000.                     
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[FR Doc. 95-13102 Filed 5-26-95; 8:45 am]
BILLING CODE 3510-24-P