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DOC/EDA RIN: 0610-AA83 Publication ID: Spring 2025 
Title: ●Update to PWEDA Grant Rate 
Abstract:

EDA is proposing to amend its regulation located at 13 CFR 301.4.  When Congress passed the Economic Development Reauthorization Act of 2024 (the Act) in Title II of Division B of Pub. L. 118-272 on January 4, 2025, it updated the maximum baseline grant rate EDA can offer under the Public Works and Economic Development Act of 1965 (PWEDA).  Prior to enactment of the law, section 204 of PWEDA (42 U.S.C. 3144) specified that EDA’s federal grant rate for projects that meet PWEDA’s eligibility requirements shall not exceed 50 percent. Section 2215 of the Act amended section 204 of PWEDA to require that EDA’s federal grant rate for projects that meet PWEDA’s eligibility requirements not exceed 60 percent. 

 
Agency: Department of Commerce(DOC)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
EO 14192 Designation: Deregulatory 
CFR Citation: 13 CFR 301   
Legal Authority: 42 U.S.C. 3144    Department of Commerce Organization Order 10-4   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Final Action  07/00/2025 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Jeffrey Roberson
Department of Commerce
Economic Development Administration
1401 Constitution Avenue,
Washington, DC 20230
Phone:202 482-1315
Email: jroberson@eda.gov