Opportunity Information: Apply for FR 5800 N 19
Apply for FR 5800 N 19
- The Department of Housing and Urban Development in the housing sector is offering a public funding opportunity titled "Appalachia Economic Development Initiative (AEDI)" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 14.270 Appalachia Economic Development Initiative.
- This funding opportunity was created on Sep 4, 2014 and posted on Sep 4, 2014.
- Applicants must submit their applications by Nov 3, 2014 Electronically submitted applications must be submitted no later than 115959 p.m., ET, on the listed application due date.. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- The funding agency has allocated a total of $1,000,000.00 to eligible and selected applicants.
- Each selected applicant is eligible to receive up to $1,000,000.00 in funding.
- The number of recipients for this funding is limited to 5 candidate(s).
- Eligible applicants include: State governments.
- Applicants that are eligible to participate in this initiative are State community and/or economic development agencies. Individuals, foreign entities, and sole proprietorship organizations are not eligible to compete for, or receive, awards made under this announcement.
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Opportunity Summary:
The Appalachia Economic Development Initiative (AEDI) is a discretionary grant program from the U.S. Department of Housing and Urban Development (HUD) designed to expand access to capital for business lending and development across the Appalachian region, particularly in places that have been chronically underserved and undercapitalized. The core idea is to strengthen the local ecosystem for small business finance in communities where lending and investment activity is limited, not because demand is absent, but because local institutions often lack the capacity, capital, or technical sophistication needed to consistently support business growth. By building that capacity, AEDI aims to help Appalachian communities create stronger local economies and more opportunities for residents to build assets over time.
AEDI is structured so that state-level community and/or economic development agencies are the eligible applicants and primary award recipients. Those state agencies then use AEDI resources to deliver funding and assistance that supports local rural nonprofit organizations and community development lending and investing institutions operating in Appalachian communities. In practice, this means the program is less about giving direct grants to individual businesses and more about reinforcing the financial intermediaries and support organizations that can make business lending and investment possible in areas where traditional channels are thin or missing. The program also emphasizes technical assistance alongside direct investment, recognizing that improving underwriting capacity, capitalization strategies, loan product design, compliance systems, and investor readiness can be just as important as adding dollars to a loan fund.
A key feature of AEDI is coordination with the Appalachian Regional Commission (ARC) and ARC economic development programs, including efforts such as the ACC intermediary, to identify which areas of Appalachia have the greatest need for lending and investment capacity. This coordination is meant to target resources where the gaps are most severe and where improved financial infrastructure can unlock broader economic development outcomes. The intended ripple effect is that by strengthening community development lenders and investors, AEDI broadens the pathways through which larger private financial institutions and federal agencies can reach small business owners and service providers who might otherwise be overlooked. In other words, the program tries to make local institutions stronger connectors between underserved entrepreneurs and the larger pools of capital that exist outside their communities.
From the published opportunity details, the funding opportunity number is FR 5800 N 19, with a CFDA listing of 14.270 (Appalachia Economic Development Initiative). The program was posted on September 4, 2014, and the application deadline was November 3, 2014, with electronic submissions due by 11:59:59 p.m. Eastern Time on the closing date. HUD anticipated making about five awards, with an estimated total funding amount of $1,000,000. Individual awards were expected to range from a $100,000 floor up to a $1,000,000 ceiling, and there was no cost-sharing or matching requirement. Eligible applicants are limited to state governments, specifically state community and/or economic development agencies; individuals, foreign entities, and sole proprietorships were explicitly ineligible.
Administrative details included an additional information link hosted on HUD’s grants/funds availability page, and a contact for access issues or questions: Jackie Williams at Jackie.Williams@hud.gov (Grants Policy).
Appalachia Economic Development Initiative (AEDI) Grant FAQs
What is the Appalachia Economic Development Initiative (AEDI)?
The Appalachia Economic Development Initiative (AEDI) is a discretionary grant program from the U.S. Department of Housing and Urban Development (HUD) focused on expanding access to capital for business lending and development across the Appalachian region, especially in communities that have been chronically underserved and undercapitalized.
What problem is AEDI trying to solve?
AEDI is designed to address gaps in local small business finance systems in parts of Appalachia where lending and investment activity is limited. The program is based on the idea that these gaps often reflect limited local institutional capacity, capital, or technical sophistication rather than a lack of demand from businesses and entrepreneurs.
What is the core goal of AEDI?
The core goal is to strengthen the local ecosystem for small business finance so Appalachian communities can build stronger local economies and create more opportunities for residents to build assets over time.
Is AEDI intended to provide direct grants to individual businesses?
No. AEDI is described as being less about direct grants to individual businesses and more about reinforcing financial intermediaries and support organizations that make business lending and investment possible in areas where traditional channels are thin or missing.
Who is eligible to apply for AEDI funding?
Eligible applicants are limited to state governments, specifically state-level community and/or economic development agencies.
Who receives the grant award from HUD?
State-level community and/or economic development agencies are the primary award recipients under AEDI.
Who benefits from AEDI resources after the state agency receives an award?
State agencies use AEDI resources to deliver funding and assistance that supports local rural nonprofit organizations and community development lending and investing institutions operating in Appalachian communities.
What kinds of organizations does AEDI aim to strengthen?
AEDI emphasizes strengthening community development lenders and investors, as well as local rural nonprofit organizations that support lending and investment activity in Appalachian communities.
Does AEDI include technical assistance, or is it only capital for lending?
AEDI emphasizes technical assistance alongside direct investment. The program recognizes that improving operational and financial capabilities can be as important as adding dollars to a loan fund.
What technical assistance areas are highlighted in the opportunity description?
The description mentions technical assistance related to underwriting capacity, capitalization strategies, loan product design, compliance systems, and investor readiness.
How does AEDI coordinate with other Appalachian economic development efforts?
AEDI coordinates with the Appalachian Regional Commission (ARC) and ARC economic development programs, including efforts such as the ACC intermediary, to identify areas of Appalachia with the greatest need for lending and investment capacity.
Why does AEDI emphasize coordination with the Appalachian Regional Commission (ARC)?
The stated purpose of this coordination is to target resources where gaps in lending and investment capacity are most severe and where improved financial infrastructure can unlock broader economic development outcomes.
What is the intended long-term effect of strengthening local lenders and investors?
The program’s intended ripple effect is that stronger community development lenders and investors can broaden the pathways through which larger private financial institutions and federal agencies reach small business owners and service providers who might otherwise be overlooked.
What is the funding opportunity number for this grant?
The funding opportunity number is FR 5800 N 19.
What CFDA number is associated with AEDI?
The CFDA listing is 14.270 (Appalachia Economic Development Initiative).
When was this opportunity posted?
The opportunity was posted on September 4, 2014.
What was the application deadline?
The application deadline was November 3, 2014.
What time were electronic submissions due on the closing date?
Electronic submissions were due by 11:59:59 p.m. Eastern Time on the closing date.
How many awards did HUD anticipate making?
HUD anticipated making about five awards.
What was the estimated total funding amount available?
The estimated total funding amount was $1,000,000.
What was the expected range for individual award amounts?
Individual awards were expected to range from a $100,000 floor up to a $1,000,000 ceiling.
Is there a cost-sharing or matching requirement?
No. The opportunity states there was no cost-sharing or matching requirement.
Are individuals eligible to apply?
No. Individuals were explicitly listed as ineligible.
Are foreign entities eligible to apply?
No. Foreign entities were explicitly listed as ineligible.
Are sole proprietorships eligible to apply?
No. Sole proprietorships were explicitly listed as ineligible.
Where could applicants find additional information about the opportunity?
The opportunity included an additional information link hosted on HUD’s grants/funds availability page.
Who is the contact person for access issues or questions?
The listed contact is Jackie Williams (Grants Policy) at Jackie.Williams@hud.gov.
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Applicants also applied for:
Applicants who have applied for this opportunity (FR 5800 N 19) also looked into and applied for these:
| Funding Opportunity |
|---|
| Continuum of Care (CoC) Apply for FR 5800 N 30 Funding Number: FR 5800 N 30 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: Case Dependent |
| National Disaster Resilience Competition Apply for FR 5800 N 29 Funding Number: FR 5800 N 29 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $500,000,000 |
| Jobs Plus Pilot Program Apply for FR 5800 N 24 Funding Number: FR 5800 N 24 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $3,000,000 |
| General Section to HUDs Fiscal Year 2015 Notices of Funding Availability (NOFAs) for Discretionary Programs Apply for FR 5900 N 01 Funding Number: FR 5900 N 01 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: Case Dependent |
| Choice Neighborhoods Implementation Grant Program Apply for FR 5800 N 11 Funding Number: FR 5800 N 11 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $30,000,000 |
| VA GPD TIP Renewal NOFA Apply for VA GPD FY15 TIP NOFA Funding Number: VA GPD FY15 TIP NOFA Agency: Homeless Providers Grant and Per Diem Program Category: Housing Funding Amount: $1,200,000 |
| VA Supportive Services for Veteran Families Program Apply for VA SSVF 2015R Funding Number: VA SSVF 2015R Agency: VA Office of Mental Health Category: Housing Funding Amount: $2,000,000 |
| Research and Evaluation, Demonstrations, and Data Analysis and Utilization Apply for FR 5800 N 26 Funding Number: FR 5800 N 26 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $2,175,000 |
| Notice of Funding Availability (NOFA) for the Departments Fiscal Year 2015 Supplemental Comprehensive Housing Counseling Grant Program Apply for FR 5800 N 33 Funding Number: FR 5800 N 33 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: Case Dependent |
| Community Development Block Grant (ICDBG) Program for Indian Tribes and Alaska Native Villages Mold Remediation and Prevention Apply for FR 5900 N 02 Funding Number: FR 5900 N 02 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $800,000 |
| Continuum of Care Registration Apply for FR 5900 N 18A Funding Number: FR 5900 N 18A Agency: Department of Housing and Urban Development Category: Housing Funding Amount: Case Dependent |
| Lead Hazard Reduction Demonstration (LHRD) Grant Program Apply for FR 5900 N 13 Funding Number: FR 5900 N 13 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $3,500,000 |
| Lead Based Paint Hazard Control (LBPHC) Grant Program Apply for FR 5900 N 12 Funding Number: FR 5900 N 12 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $3,000,000 |
| Healthy Homes Technical Studies Grant Program Pre Application Apply for FR 5900 N 15 Funding Number: FR 5900 N 15 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $700,000 |
| National Resilient Disaster Recovery Phase TWO Apply for FR 5800 N 29A2 Funding Number: FR 5800 N 29A2 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $500,000,000 |
| Family Self Sufficiency Program Apply for FR 5900 N 04 Funding Number: FR 5900 N 04 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $69,000 |
| HOPE VI Main Street Grant Program Apply for FR 5900 N 03 Funding Number: FR 5900 N 03 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $500,000 |
| Resident Opportunity and Self Sufficiency (ROSS) Service Coordinators Program Apply for FR 5900 N 05 Funding Number: FR 5900 N 05 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $738,000 |
| Rural Capacity Building for Community Development and Affordable Housing Grants Apply for FR 5900 N 08 Funding Number: FR 5900 N 08 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $2,500,000 |
| Fair Housing Initiative Programs Apply for FR 5900 N 21 Funding Number: FR 5900 N 21 Agency: Department of Housing and Urban Development Category: Housing Funding Amount: $1,000,000 |
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