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Cooperative Agreement to a USA Agency or Nonprofit to Build Capacity
and Further Economic Development in Disadvantaged Communities

Equity Impact Investments Program

Agency Type:


Funding Source:

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U.S. Department of Commerce (DOC) - Economic Development Administration (EDA)

Deadline Date:

08/05/22 11:59 PM ET - Receipt


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Cooperative agreement to a USA and territories city, county, state, tribe, district organization, nonprofit organization, or IHE to improve capacity in organizations serving disadvantaged communities in order to further local economic development. Applicants are advised that required registrations may take up to four weeks to complete. The successful applicant will provide technical assistance and coordinate organizations in order to effectively bring these organizations into local economic development projects and plans.

The Economic Development Administration is seeking applications from eligible parties to coordinate organizations with a proven track record of effectively working with, conducting outreach to and delivering outcomes for underserved populations and communities to improve equity outcomes for both future and current EDA grantees. Proposals should drive the equity outcomes of economic development work through a suite of technical assistance and coordination activities. Applicants should leverage their expertise, along with a strong network of local and regional economic and community development organizations, to effectively bring organizations that serve underserved populations and communities into local economic development projects and plans. The primary goals of this program are to:

  • Improve representation of organizations (e.g. community-based organizations), who traditionally represent and/or serve underserved populations and communities, in economic development planning and projects at the local/regional level. 
  • Build the capacity of and knowledge base within organizations serving underserved populations and communities on how to develop strong economic development plans and projects and ready them for investments.
  • Provide technical assistance to existing EDA grantees on how to better access and reach underserved populations and communities and effectively incorporate them into their economic development projects to improve equity outcomes.
  • Provide technical assistance and make connections for existing EDA grantees on partnering with a more diverse set of organizations that serve underserved populations and communities at the regional level and effectively bring them into coalitions and projects.

For further details on each of the above goals, see p. 9 of the NOFO listed in Attached Files below.

By the end of an approximately 36-month period of performance, the grantee should be able to demonstrate the following outcomes:

  • Built a strong network of organizations (which include sub-grantees) serving underserved populations and communities and have helped them develop a strong understanding of foundational economic development practices and principles
  • Enabled underserved populations and organizations to begin to implement economic development strategies, programs, projects and related initiatives as measured by project starts, grants or investments received, CEDS executed or updated, or similar metrics
  • Production of evergreen resources that EDA may provide to future grantees
  • Demonstrably improved EDA grantees’ equity plans and outcomes through more targeted partnerships with organizations that serve specific underserved populations and communities

Technical assistance could be provided through a variety of activities including site visits, research dissemination, playbook creation, training and/or webinars that are focused on enhancing the knowledge base and understanding of local economic development planning, processes, and programs. Assistance could be about connecting coalition organizations to local stakeholders actively involved in these efforts on the ground and creating local economic development ecosystems that ensure representation of the communities they serve. In addition, assistance could be provided to the coalition organizations one on one in the form of support and capacity to plan, develop and write compelling proposals for economic development related projects and programming. 

For additional example program activities, see the URL for Full Text below.

GrantWatch ID#:

GrantWatch ID#: 204455

Number of Grants:

For the Equity Impact Investments Program, EDA expects to award one grant or cooperative agreement.

Estimated Size of Grant:

For the Equity Impact Investments Program, EDA expects to award one grant or cooperative agreement of approximately $3,000,000-$10,000,000.

Term of Contract:

EDA expects the period of performance to be approximately 36-54 months. Performance under the award may extend to no later than May 31, 2027.


  • City or township governments
  • County governments
  • Native American tribal governments (Federally recognized)
  • Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
  • Public and State controlled institutions of higher education
  • See RFP and/or Grant Guidelines for full eligibility
  • State governments

Additional Eligibility Criteria:

Eligible applicants include a(n):
a. District Organization;
b. Indian Tribe or a consortium of Indian Tribes;
c. State, county, city, or other political subdivision of a State, including a special purpose unit of a State or local government engaged in economic or infrastructure development activities, or a consortium of political subdivisions;
d. Institution of higher education or a consortium of institutions of higher education; or
e. Public or private non-profit organization or association, including labor unions, acting in cooperation with officials of a political subdivision of a State.

Pre-Application Information:

The deadline for application submission is 11:59 pm Eastern Time on August 5, 2022. Proposals or applications received after the above deadlines will not be reviewed or considered.

The award will be made by September 30, 2022.

Applications will only be accepted electronically through ( EDA strongly suggests that applicants submit applications substantially before the deadline.

EDA, in its sole discretion, may pre-approve in writing submission via an alternate method (e.g., email) due to a systems issue at only insofar as any such systems issue is beyond the control of the applicant. However, any submission via this alternate method must be received before the deadline.

EDA strongly encourages potential applicants to consult with staff to discuss whether proposed projects align with EDA’s Investment Priorities, eligibility requirements, and other requirements outlined in this NOFO. This consultation is limited to clarification of technical matters involving proposed projects.

In order to submit an application via, applicants must register with and Registration can take between three to five business days or as long as four weeks. Applicants are required to:
(i) Be registered in SAM before submitting an application;
(ii) Provide a valid unique entity identifier in the application;
(iii) Make certain certifications (see also section H.5 of this NOFO); and
(iv) Continue to maintain an active SAM registration with current information at all times during which they have an active federal award or an application or plan under consideration by a federal awarding agency.

All projects must be consistent with EDA's Equity and Recovery & Resilience Investment Priorities. Applicants may also demonstrate that a project is consistent with any of EDA’s other Investment Priorities. See

While match is not required, inclusion of match in the application may make it more competitive.

EDA strongly discourages an applicant to apply to both programs (Equity Impact Investments and Economic Recovery Corps) under this NOFO.

Webinar recording:

View the opportunity on
For related documents, press the Package tab (click Preview) on the page above.

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

For questions or comments about EDA’s Equity Impact Investments, please contact

For questions related to this NOFO, you may contact

For technical support, please contact: Contact Center
(800) 518-4726

CFDA Number:


Funding or Pin Number:


URL for Full Text (RFP):

Geographic Focus:

USA: Alabama;   Alaska;   Arizona;   Arkansas;   California;   Colorado;   Connecticut;   Delaware;   Florida;   Georgia;   Hawaii;   Idaho;   Illinois;   Indiana;   Iowa;   Kansas;   Kentucky;   Louisiana;   Maine;   Maryland;   Massachusetts;   Michigan;   Minnesota;   Mississippi;   Missouri;   Montana;   Nebraska;   Nevada;   New Hampshire;   New Jersey;   New Mexico;   New York City;   New York;   North Carolina;   North Dakota;   Ohio;   Oklahoma;   Oregon;   Pennsylvania;   Rhode Island;   South Carolina;   South Dakota;   Tennessee;   Texas;   Utah;   Vermont;   Virginia;   Washington, DC;   Washington;   West Virginia;   Wisconsin;   Wyoming

Array ( [0] => American Samoa (USA); [1] => Guam (USA); [2] => Puerto Rico (USA); [3] => Virgin Islands (USA); [4] => Northern Mariana Islands (USA); )

USA Territories: American Samoa (USA);   Guam (USA);   Puerto Rico (USA);   Virgin Islands (USA);   Northern Mariana Islands (USA);

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