Timing

The funding process for FY 2012 will be conducted over a two-month period. Key dates are listed below:

• Application materials released: March 1, 2012
• Deadline for applications to PSRC: April 6, 2012
• EDD Board review and ranking of final projects: May 2, 2012
• Notification to sponsors and submittal to EDA: May 3, 2012

Background

Each year, PSRC ranks local public works projects based on their economic development impact, and then sends those non-binding recommendations to the U.S. Economic Development Administration (EDA). The goal of this Public Works Prioritization Process is to help the most deserving local projects pursue federal funding.

To participate in this process, local jurisdictions and eligible non-profit agencies are invited to submit projects for prioritization. Projects should be related to the construction or rehabilitation of essential public infrastructure and development facilities necessary to generate private investments that result in higher-skill, higher-wage jobs.

Applications are rated against federal requirements, as well as consistency with PSRC’s regional planning documents: VISION 2040, Transportation 2040 and the Regional Economic Strategy. Once projects are numerically ranked and these non-binding recommendations are sent to EDA, sponsors of these projects then directly contact the EDA to pursue funding. PSRC staff is available to assist sponsors of top tier projects to work with EDA staff on their proposals.

Background Information

Background Materials

• Economic Development District Board
• Regional Economic Strategy (the region’s Comprehensive Economic Development Strategy or CEDS)

Public Works Prioritization Process Application

• 2012 Application Form
• 2012 Application Instructions

U.S. Economic Development Administration Materials

• EDA Public Works Application (Funding #: FY2012EDAP111811)