RESTORE Act Direct Component - Construction and Real Property Acquisition Activities
Closed Posted
- Opportunity number
- GR-RDC-24-002
- Agency
-
Department of the Treasury
- Applications due
- Award size
- Up to $110,099,450
Opportunity facts
- Assistance listings
- Funding instrument
- Grant
- Category
-
- Other
- Eligible applicants
-
- County Governments
- State Governments
- Full announcement
Opportunity details come from Grants.gov. Updated .
About this opportunity
This funding opportunity from the Department of the Treasury provides grants through the Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States program for construction, real property acquisition, and environmental restoration projects that support the goals of the RESTORE Act. Eligible applicants include county and state governments undertaking activities such as coastal restoration, infrastructure development, workforce training, and tourism promotion. Applications will be evaluated based on the extent to which proposed projects meet RESTORE Act objectives and are scheduled to be completed by the October 31, 2024 deadline.
Awards are available to fund eligible construction and acquisition activities, as well as natural resource restoration projects, in the Gulf Coast region impacted by the Deepwater Horizon oil spill. Project locations may include state parks and ports, with preference given to initiatives that create jobs, support commercial and recreational fishing, and involve collaboration with other public and private investments in the area.
Synopsis
Treasury is publishing multiple funding opportunity announcements (FOAs) for its RESTORE Act grant programs. This announcement applies only to the Direct Component and is only for applications for eligible construction and real property acquisition activities, including environmental restoration projects and including projects with or without a non-federal cost-share for another federally funded project or program. To apply for eligible activities that do not involve any construction, land acquisition, or environmental restoration, applicants should use the non-construction funding opportunity announcement (GR-RDC-23-001). All construction and real property acquisition activities, and any activity that requires a permit from a federal or state agency, including natural resource restoration projects, should be submitted under this construction and real property acquisition funding opportunity announcement. Trust Fund amounts are available to carry out eligible activities described in the RESTORE Act and Treasury's implementing regulations at 31 CFR 34.201. These are: 1) Restoration and protection of the natural resources, ecosystems, fisheries, marine and wildlife habitats, beaches and coastal wetlands of the Gulf Coast region. 2) Mitigation of damage to fish, wildlife, and natural resources.3) Implementation of a Federally- approved marine, coastal, or comprehensive conservation management plan, including fisheries monitoring.4) Workforce development and job creation. 5) Improvements to or on State parks located in coastal areas affected by the Deepwater Horizon oil spill.6) Infrastructure projects benefitting the economy or ecological resources, including port infrastructure. 7) Coastal flood protection and related infrastructure.8) Promotion of tourism in the Gulf Coast region, including promotion of recreational fishing.9) Promotion of the consumption of seafood harvested from the Gulf Coast region. 10) Planning assistance.11) Administrative costs. Eligible activities 1 through 7 listed above must be carried out in the Gulf Coast region.
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