RESTORE Act Direct Component – Construction and Real Property Acquisition Activities | GR RDC 23 050

Opportunity Information: Apply for GR RDC 23 050

The "RESTORE Act Direct Component - Construction and Real Property Acquisition Activities" funding opportunity is a discretionary grant announcement from the U.S. Department of the Treasury under the RESTORE Act Program (CFDA 21.015). It is specifically designed for projects under the RESTORE Act Direct Component that involve construction, real property acquisition, and other activities that typically trigger permitting requirements. This includes environmental and natural resource restoration projects, as well as any project requiring a permit from a federal or state agency. If a proposed project does not involve construction, land acquisition, or environmental restoration, Treasury directs applicants to use the separate non-construction announcement instead (GR-RDC-23-002), making this FOA the correct pathway for any built, site-based, land-related, or permit-dependent work.

The announcement emphasizes that Trust Fund amounts can be used for eligible activities defined in the RESTORE Act and Treasury's implementing regulations at 31 CFR 34.201. The eligible activity categories are broad and cover both ecological and economic recovery priorities tied to the Gulf Coast region. They include: restoring and protecting natural resources and ecosystems (such as fisheries, marine and wildlife habitats, beaches, and coastal wetlands); mitigating damage to fish, wildlife, and natural resources; implementing federally approved marine, coastal, or comprehensive conservation management plans (including fisheries monitoring); workforce development and job creation efforts; improvements to state parks in coastal areas affected by the Deepwater Horizon oil spill; infrastructure projects that benefit the economy or ecological resources (including port infrastructure); coastal flood protection and related infrastructure; and additional categories such as promoting Gulf Coast tourism (including recreational fishing), promoting consumption of Gulf-harvested seafood, providing planning assistance, and covering administrative costs. A key geographic rule is that the major on-the-ground categories (items 1 through 7) must be carried out in the Gulf Coast region, aligning the funds with direct regional recovery and resilience outcomes.

Eligible applicants under this FOA are limited to governmental entities, specifically state governments and county governments. The opportunity is structured as a grant, with an anticipated total of around 10 awards. The listed award ceiling is $110,099,450, indicating that very large projects may be supported depending on Treasury's funding decisions and the specific proposal scope. The announcement also clarifies that projects may be submitted whether or not they include a non-federal cost share tied to another federally funded project or program, meaning applicants can propose standalone RESTORE-funded construction/acquisition efforts or projects that complement other federal investments.

Key administrative details included in the source information are the funding opportunity number (GR RDC 23 050), the initial posting date (Oct 03, 2022), and the original closing date (Oct 31, 2023). The funding activity categories reflect the program's mixed purpose, spanning environment and natural resources, employment/labor and training, and other related activities described in the eligible-use list. Overall, this FOA is best understood as Treasury's dedicated application track for Direct Component RESTORE projects that involve building, acquiring property, or undertaking restoration and other permitted work, with the overarching goal of helping Gulf Coast communities and ecosystems recover and strengthen after the Deepwater Horizon impacts.

• The US Department of the Treasury, U.S. Dept. of Treasury RESTORE Act Program in the employment, labor and training, environment, natural resources, other (see text field entitled explanation of other category of funding activity for clarification) sector is offering a public funding opportunity titled "RESTORE Act Direct Component – Construction and Real Property Acquisition Activities" and is now available to receive applicants.
• Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 21.015.
• This funding opportunity was created on Oct 03, 2022.
• Applicants must submit their applications by Oct 31, 2023 No Explanation. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
• Each selected applicant is eligible to receive up to $110,099,450.00 in funding.
• The number of recipients for this funding is limited to 10 candidate(s).
• Eligible applicants include: State governments, County governments.

Apply for GR RDC 23 050

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