As an Economic Development District (EDD) through the U.S. Department of Commerce, Buckeye Hills serves as the liaison between the EDA and eligible applicants in the District.

The Economic Development Administration (EDA) provides funding for projects that create jobs and leverage private investment in distressed areas of the United States. EDA grants help to fulfill regional economic development strategies designed to accelerate innovation and entrepreneurship, advance regional competitiveness, create high skill living-wage jobs, generate private investment, and fortify grow industry clusters.

In our role as an EDD, Buckeye Hills annually prepares and submits a Comprehensive Economic Development Strategy (CEDS) to evaluate and determine the economic health of the region.

How to Apply for Funding

 

Projects considering funding must be focused on one or more of these identified goals and objectives:

  • workforce

  • infrastructure

  • economic diversification

  • education

  • community challenges

Projects considering funding must be located in an identified area that meets the requirements of economic distress.

  1. An unemployment rate that is, for the most recent twenty-four (24) month period for which data are available, at least one (1) percentage point greater than the national average unemployment rate

  2. Per capita income that is, for the most recent period for which data are available, eighty (80) percent or less of the national average per capita income

  3. A special need, as determined by EDA