Treasury is publishing multiple funding opportunity announcements (FOAs) for its RESTORE Act grant programs.
This announcement applies only to the Direct Component and is only for applications for eligible non-construction activities, including projects with or without a non-federal cost-share
for another federally funded project or program.
This announcement also includes planning assistance needed to prepare the Multiyear Implementation Plan (Multiyear Plan) required by the RESTORE Act.
To apply for eligible activities involving construction and/or acquisition of real property or any other activity that requires a permit from a federal or state agency, including natural resource restoration projects, applicants should use the construction and real property acquisition funding opportunity announcement (GR-RDC-23-002).Trust Fund amounts are available to carry out eligible activities described in the RESTORE Act and Treasury’s implementing regulations at 31 CFR 3 4. 20 1. These are:
1) Restoration and protection of the natural resources, ecosystems, fisheries, marine and wildlife habitats, beaches and coastal wetlands of the Gulf Coast region.
2) Mitigation of damage to fish, wildlife, and natural resources.3) Implementation of a Federally- approved marine, coastal, or comprehensive conservation management plan, including fisheries monitoring.4) Workforce development and job creation.
5) Improvements to or on State parks located in coastal areas affected by the Deepwater Horizon oil spill.6) Infrastructure projects benefitting the economy or ecological resources, including port infrastructure.
7) Coastal flood protection and related infrastructure.8) Promotion of tourism in the Gulf Coast region, including promotion of recreational fishing.9) Promotion of the consumption of seafood harvested from the Gulf Coast region.
10) Planning assistance.11) Administrative costs.
Eligible activities 1 through 7 listed above must be carried out in the Gulf Coast region.