Association of Defense Communities 2011 Annual Conference

1. Association of Defense Communities2011 Annual Conference Robert E. Olson Denver Regional Director Economic Development Administration U.S. Department of Commerce

2. Mission of EDA To lead the federal economic development agenda by promoting innovation and competitiveness, preparing American regions for growth and success in the worldwide economy.

3. EDA Programs • Planning • Technical Assistance • Public Works (wide range of infrastructure) • Economic Adjustment • University Centers • Special Initiatives • I6 Challenge • Jobs & Innovation Accelerator • Strong Cities/Strong Communities • Special Appropriations (disasters, defense adjustment, etc.)

4. EDA Appropriation Levels

5. 1993 – 2007 EDA Support forBRAC/Defense Adjustment • $ 489 million in support for communities with base closures/realignments. • $ 194 million in support for communities impacted by defense contract reductions.

6. EDA grants at BRAC sites have generally required… • Award within 5 years of “flag down” • Redevelopment plan in place • Site control • Local match of 25 percent* of project cost • Leveraging new private investment and jobs • Project be completed within 5 years * Currently required match would be 50 percent.

7. How EDA grants have supported base redevelopments/realignments… • Strategic plans • Redevelopment planning • Infrastructure construction • roads / rail access • water & sewer systems • Business incubators / tech incubators • Technology parks / industrial parks • Marketing centers • Building demolitions / renovations

8. Examples of EDA supported redevelopment…Ogden Army Depot (Ogden)

9. Examples of EDA supported redevelopment…Lowry Air Force Base .

10. Examples of EDA supported redevelopment…Fitzsimons Army Medical Center

11. Example of Base Realignment Project (2007 award) Grand Forks, NDResearch Enterprise and Commercialization Park

12. EDA in 2011 • EDA reauthorization held up in Senate last month. • Currently, no special appropriation for defense adjustment. (Requests are competitively evaluated with non-defense requests.) • EDA funding priorities emphasize innovation industry clusters and entrepreneurship. • Greater emphasis on collaboration among federal agencies. • Funding for special initiatives. • Streamlined grant process - four funding cycles per year. • House Appropriations Committee Report: $258m for FY 2012 ($26 million below FY 2011).

13. House Appropriations Committee Report (July 2011)EDA Program Funding for FY 2012 • Public Works .....................................$123,280,000 • Planning ...............................................31,000,000 • Technical Assistance ................................9,800,000 • Research and Evaluation ..........................1,500,000 • Economic Adjustment Assistance ............38,620,000

14. Seeking EDA Funding… • Visit EDA website: eda.gov • Funding, programs, eligibility, applications, submission dates • Six regional offices • Application assistance, reviews, award decisions • Application/quarterly funding cycles

15. Follow up for Defense-impacted communities… Contact your EDA Regional Office