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Economic Adjustment Assistance

Published on AidPage by IDILOGIC on Jun 24, 2005

Who can benefit...

Geographic areas, usually counties or groups of counties, which meet one of the following criteria: 1) An unemployment rate that is, for the most recent 24 month period for which data are available, at least one percent greater than the national average unemployment rate; 2) per capita income that is, for the most recent period for which data are available, 80 percent or less of the national per capita average income; or 3) a special need, as determined by EDA, arising from actual or threatened severe unemployment or economic adjustment problems resulting from severe short-term changes in economic conditions. Special need criteria are listed in the Agency's annual NOFA.

About this section:

This section lists the ultimate beneficiaries of a program, the criteria they must satisfy and who specifically is not eligible. The applicant and beneficiary will generally be the same for programs that provide assistance directly from a Federal agency. However, financial assistance that passes through State or local governments will have different applicants and beneficiaries since the assistance is transmitted to private sector beneficiaries who are not obligated to request or apply for the assistance.