Funding through the Implementation Pathway will help communities and regions devise and implement long-term economic recovery strategies through a variety of construction and non-construction projects to address economic challenges in areas where a Presidential declaration of a major disaster was issued in 2023 and 2024.

Funding through the Industry Transformation Pathway will help communities and regions devise and implement long-term economic recovery strategies through large, multi-component initiatives to transform regional economies in areas where a Presidential declaration of a major disaster was issued in 2023 and 2024.

Funding through the Readiness Pathway will help communities and regions devise and implement long-term economic recovery strategies through a variety of non-construction projects to build capacity for future recovery in areas where a Presidential declaration of a major disaster was issued in 2023 and 2024.

Qualified private, nonprofit and public (including tribal) intermediary organizations proposing to carry out financial and technical assistance programs will be eligible to receive the funding. The RCDI structure requires the intermediary (grantee) to provide a program of financial and technical assistance to recipients to develop their capacity and ability to undertake projects related to Housing, community facilities, or community and economic development. The recipients will, in turn, provide programs that will support their communities (beneficiaries). The Intermediary will be required to provide matching funds in an amount at least equal to the RCDI grant.

The purpose of this program is to support the efforts of nonprofit organizations to build vibrant communities that offer stable jobs, homes, and communities connected through culture, recreation, and play. The program focus is to support organizations with an intentional approach to addressing immediate needs and systemic economic barriers to success.