13 CFR §307.3
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Economic Adjustment Assistance Investments may be used to develop a CEDS to alleviate long-term economic deterioration or a sudden and severe economic dislocation (a “Strategy Grant”), or to fund a Project implementing such a CEDS (an “Implementation Grant”).
- (a)Strategy Grants support developing, updating or refining a CEDS.
- (b)Implementation Grants support the execution of activities identified in a CEDS. Specific activities may be funded as separate Investments or as multiple elements of a single Investment. Examples of Implementation Grant activities include:
- (1)Infrastructure (as defined in § 301.11 of this chapter) improvements, such as site acquisition, site preparation, construction, rehabilitation and equipping of facilities;
- (2)Provision of business or infrastructure financing through the capitalization of Recipient-administered Revolving Loan Funds (“RLFs”), which may include loans and interest rate buy-downs to facilitate business lending activities;
- (3)Market or industry research and analysis;
- (4)Technical assistance, including organizational development such as business networking, restructuring or improving the delivery of business services, or feasibility studies;
- (5)Public services;
- (6)Training; and
- (7)Other activities justified by the CEDS that satisfy applicable statutory and regulatory requirements.