Work Opportunity Tax Credit Remaining Funding Allotments for Fiscal Year 2025
Closed Posted
- Opportunity number
- ETA-WOTC-TEGL-08-24-C2
- Agency
-
Employment and Training Administration
Department of Labor
- Applications due
- Award size
- $19,728 to $1,173,636
Opportunity facts
- Assistance listings
- Funding instrument
- Grant
- Category
-
- Employment, Labor and Training
- Eligible applicants
-
- Other
- Points of contact
-
- Charlene Wright wright.charlene@dol.gov
Opportunity details come from Grants.gov. Updated .
About this opportunity
This federal grant opportunity, announced by the Department of Labor's Employment and Training Administration (ETA), provides funding for the Work Opportunity Tax Credit (WOTC) program in fiscal year 2025. The WOTC program is a federal initiative that encourages employers to hire individuals from targeted groups who face significant barriers to employment, by offering tax credits. The grant requires state workforce agencies (SWAs) to administer the WOTC program, which involves determining individual eligibility, issuing employer certifications, and maintaining reporting capabilities. Applicants must submit an electronically signed SF-424 Form within 30 calendar days of the opportunity's posting, requesting their specific allotment. Recipients must conduct WOTC activities as outlined in the WOTC Statement of Work and submit quarterly financial and performance reports.
The total available funding for this opportunity is $18,485,000, with $4,101,822 obligated under Continuing Resolution #1 and $4,253,398 under Continuing Resolution #2, leaving a balance of $10,129,780 to be distributed to 50 states and the U.S. Virgin Islands. Individual state allotments range from a minimum of $94,957 to a maximum of $2,230,506 for California. The place of performance is within the respective state receiving the award.
Synopsis
This TEGL announces the availability of WOTC FY 2025 state allotments to conduct WOTC activities and grant award application requirements for grantees to receive Funding allocations. In addition, it provides general administrative policies and procedural guidance set forth by ETA and requirements outlined in the WOTC Statement of Work. Questions regarding this funding opportunity may be emailed to Charlene Wright (wright.charlene@dol.gov).
Files
| File | Type | Posted |
|---|---|---|
| TEGL 08-24 Change 2.pdf |
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