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ECONOMIC DEVELOPMENT ADMINISTRATION (EDA) 5/89 ECONOMIC ADJUSTMENT (TITLE IX) PROGRAM (Sudden and Severe Economic Dislocation (SSED) Component) PROGRAM GOALS Grants are provided to help develop and implement local economic adjustment strategies designed to anticipate and prevent an economic dislocation or to reestablish employment opportunities and economic stability as soon as possible after a dislocation occurs. PROJECT TYPES/ELIGIBLE APPLICANTS Strategy grants support the immediate development of a comprehensive response to an actual or threatened dislocation. Strategies describe the actions the community proposes to take to avert the dislocation or to generate reemployment opportunities for the dislocated workers. Implementation grants finance the implementation of one or more activities in an approved strategy. The types of activities financed include the construction of public facilities, business loans, and technical or management assistance. To be eligible, dislocations must have occurred within the preceding 12 months or be expected within two years and must meet certain job/loss thresholds. An applicant must be one öf the following: a designated EDA redevelopment area eRA) or a nonprofit organization determined by EDA to be the representative of an RA; an economic development district; a State; political subdivision of a State or a consortium of such units; or an Indian tribe. SELECTION CRITERIA Key selection factor$ include the severity of the dislocation and the responsiveness of the proposed project to the needs of the dislocated workers. FUNDING LEVELS (000) FY 86: $13,398 Average 1988 strategy grant: $58 FY 87: $12,909 Range of 1988 strategy grants: $25-$200 FY 88: $12,454 Average 1988 implementation grant: $630 FY 89: $12,454 Range of 1988 implementation grants: $25-$2,000 APPLICATION PROCESS Eligible applicants should contact the Economic Development Representative for the area or the appropriate EDA Regional Office for an SSED proposal outline. EDA screens proposals before deciding whether to invite a formal application. After inviting an applica- tion, EDA conducts one or more preapplication conferences to assist with its preparation. Average time from applicatron submission to a final funding decision is four to six months. Complete program information appears annually in the Federal Register.