EDA Refines Forms for Job-Creating Construction Funds
Published Date: 7/28/2025
Notice
Summary
The Economic Development Administration is updating its paperwork rules for construction projects it funds, like building or fixing public infrastructure. This affects about 3,500 local governments and groups who get these grants, asking them to spend about 2 hours on forms. The goal? Keep projects on track, attract private investment, and boost local economies—all while making sure the paperwork stays clear and manageable.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Revised Post‑Approval Tools to Support Projects
EDA is extending and revising the series of post‑approval checklists, templates, and Standard Terms and Conditions for construction projects to help keep projects on track, attract private investment, and boost local economies while keeping paperwork clear and manageable.
Mandatory 2‑Hour Paperwork for EDA Grants
If your organization receives an Economic Development Administration (EDA) construction award, you must complete EDA's post-approval checklists and templates. EDA estimates about 3,500 respondents will spend an average of 2 hours each (7,000 total burden hours); the information collection is mandatory and submitted to OMB for review.
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Key Dates
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