Opportunity Information: Apply for GR RDC 24 002
The RESTORE Act Direct Component - Construction and Real Property Acquisition Activities funding opportunity (FOA number GR-RDC-24-002) is a discretionary grant program run by the U.S. Department of the Treasury under the RESTORE Act Program (CFDA 21.015). It is specifically designed for projects that involve construction and/or the acquisition of real property, and it also covers environmental restoration work. A key point is that Treasury is issuing multiple FOAs under the RESTORE Act, and this particular announcement is only meant for proposals that include construction, land purchase, or similar real-property actions. If a project does not involve construction, land acquisition, or environmental restoration, applicants are directed to use a separate non-construction announcement (GR-RDC-23-001) instead.
This construction-focused FOA is also the correct place to submit any project activity that requires a permit from a federal or state agency. That means it is not limited to traditional "building" projects; it also captures natural resource restoration and other activities where permits are part of the implementation pathway. The program allows applicants to propose eligible construction and real property acquisition activities either with or without a non-federal cost share, including situations where the RESTORE-funded project is pairing with another federally funded project or program.
Funding comes from the RESTORE Act Trust Fund and must support eligible uses established in the RESTORE Act and Treasury's implementing regulations at 31 CFR 34.201. The eligible activity categories are broad and include: restoring and protecting Gulf Coast natural resources and ecosystems (including fisheries, marine and wildlife habitats, beaches, and coastal wetlands); mitigating damage to fish, wildlife, and natural resources; implementing federally approved marine, coastal, or comprehensive conservation management plans (including fisheries monitoring); workforce development and job creation; improvements to or on state parks in coastal areas affected by the Deepwater Horizon oil spill; infrastructure projects that benefit the economy or ecological resources (including port infrastructure); coastal flood protection and related infrastructure; promoting tourism in the Gulf Coast region (including recreational fishing); promoting consumption of seafood harvested from the Gulf Coast region; planning assistance; and administrative costs. Treasury notes a geographic requirement for the core restoration and infrastructure categories: eligible activities numbered 1 through 7 must be carried out in the Gulf Coast region.
Eligible applicants are limited to governmental entities, specifically state governments and county governments. The announcement was created on October 26, 2023, and originally closes on October 31, 2024. Treasury indicates an expected 10 awards, and the listed award ceiling is $110,099,450.Apply for GR RDC 24 002
- The Department of the Treasury, U.S. Dept. of Treasury RESTORE Act Program in the other (see text field entitled explanation of other category of funding activity for clarification) sector is offering a public funding opportunity titled "RESTORE Act Direct Component – Construction and Real Property Acquisition Activities" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 21.015.
- This funding opportunity was created on Oct 26, 2023.
- Applicants must submit their applications by Oct 31, 2024. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- Each selected applicant is eligible to receive up to $110,099,450.00 in funding.
- The number of recipients for this funding is limited to 10 candidate(s).
- Eligible applicants include: State governments, County governments.
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FAQs - RESTORE Act Direct Component (Construction and Real Property Acquisition Activities) - FOA GR-RDC-24-002
What is this funding opportunity?
The RESTORE Act Direct Component - Construction and Real Property Acquisition Activities funding opportunity (FOA number GR-RDC-24-002) is a discretionary grant program administered by the U.S. Department of the Treasury under the RESTORE Act Program (CFDA 21.015). It is intended for projects that include construction and/or acquisition of real property, and it also covers environmental restoration work.
Which types of projects should use this FOA?
This FOA is specifically for proposals that include construction activities, land or real property acquisition, or similar real-property actions. It also applies to environmental restoration work, particularly where the work involves permits or other real-property related implementation steps.
When should an applicant use the non-construction RESTORE Act announcement instead?
If a project does not involve construction, land acquisition, or environmental restoration, applicants are directed to use the separate non-construction announcement (GR-RDC-23-001) rather than this construction-focused FOA.
Is this FOA only for traditional building construction projects?
No. Treasury states this FOA is not limited to traditional "building" projects. It also includes natural resource restoration and other activities where permits or real-property actions are part of the implementation pathway.
What does Treasury say about permits under this FOA?
This construction-focused FOA is the correct place to submit project activity that requires a permit from a federal or state agency. In other words, if permitting is part of carrying out the project activity, this FOA is intended to cover that type of proposal.
Who is eligible to apply?
Eligible applicants are limited to governmental entities, specifically state governments and county governments.
What is the funding source for awards made under this FOA?
Funding comes from the RESTORE Act Trust Fund.
What rules or regulations govern eligible uses of funds?
Awards must support eligible uses established in the RESTORE Act and Treasury's implementing regulations at 31 CFR 34.201.
What kinds of activities are listed as eligible under this opportunity?
The eligible activity categories described are broad and include:
- Restoring and protecting Gulf Coast natural resources and ecosystems (including fisheries, marine and wildlife habitats, beaches, and coastal wetlands)
- Mitigating damage to fish, wildlife, and natural resources
- Implementing federally approved marine, coastal, or comprehensive conservation management plans (including fisheries monitoring)
- Workforce development and job creation
- Improvements to or on state parks in coastal areas affected by the Deepwater Horizon oil spill
- Infrastructure projects that benefit the economy or ecological resources (including port infrastructure)
- Coastal flood protection and related infrastructure
- Promoting tourism in the Gulf Coast region (including recreational fishing)
- Promoting consumption of seafood harvested from the Gulf Coast region
- Planning assistance
- Administrative costs
Is there a geographic requirement for where projects must take place?
Treasury notes a geographic requirement for the core restoration and infrastructure categories: eligible activities numbered 1 through 7 must be carried out in the Gulf Coast region.
Does this FOA allow environmental restoration projects?
Yes. The FOA is designed for projects that involve construction and/or real property acquisition, and it also covers environmental restoration work.
Can an applicant propose construction or real property acquisition activities with no non-federal cost share?
Yes. The program allows applicants to propose eligible construction and real property acquisition activities either with or without a non-federal cost share.
Can RESTORE Act Direct Component funding be paired with another federally funded project or program?
Yes. Treasury indicates eligible activities may be proposed with or without a non-federal cost share, including situations where the RESTORE-funded project is pairing with another federally funded project or program.
Is Treasury issuing more than one FOA under the RESTORE Act?
Yes. Treasury indicates it is issuing multiple FOAs under the RESTORE Act, and this particular announcement is only meant for proposals that include construction, land purchase, or similar real-property actions.
What is the FOA number for this construction and real property acquisition opportunity?
The FOA number is GR-RDC-24-002.
What is the associated CFDA number?
The opportunity is part of the RESTORE Act Program (CFDA 21.015).
When was this announcement created?
The announcement was created on October 26, 2023.
What is the closing date listed for this opportunity?
The opportunity originally closes on October 31, 2024.
How many awards does Treasury expect to make under this FOA?
Treasury indicates an expected 10 awards.
What is the award ceiling listed for this FOA?
The listed award ceiling is $110,099,450.
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