Delivering EDA Grants with Tidal Basin Securing an award is only the beginning. Successful EDA projects require strong systems, compliance, and coordination. Tidal Basin helps communities move from funding to results by providing: • Grant Management Systems: Establish compliance processes for quarterly reporting, SMART drawdowns, and match tracking. • Performance Measurement: Track job creation, business continuity, and private investment leveraged to meet EDA’s outcome standards. • Financial Oversight: Ensure cost controls, braided funding strategies, and audit-ready documentation. • Stakeholder Coordination: Connect clients with state economic development agencies, regional development districts, and EDA’s six regional offices. • Project Management: Provide end-to-end oversight, including budgets, procurement, contracting, scheduling, and risk management, ensuring projects stay on time, on scope, and on budget. • Project Implementation: Deliver technical expertise across design, construction, and delivery, ensuring projects achieve resilience goals, protect local economies, and fully meet EDA compliance requirements.
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Bridging the BRIC Gap with Disaster Supplemental Funding
The Pause
The Solution
The Future
In 2024-25, FEMA announced the BRIC
With Tidal Basin’s help, communities can reframe paused BRIC projects into EDA- ready proposals to bridge the gap and ensure progress continues, protecting both your people and your economy.
When BRIC returns, EDA-funded projects can complement and strengthen new mitigation investments.
pause. Billions of dollars in hazard mitigation projects were put on hold.
Key Questions Communities Are Asking
Q: How can we merge mitigation projects into EDA funding? EDA requires economic outcomes. Projects need to show job creation, business continuity, and alignment with regional economic strategies. Q: Can Disaster Supplemental help with unfunded Building Resilient Infrastructure and Communities (BRIC) projects? Yes. Projects can be repackaged and reframed to fit EDA’s priorities, avoiding wasted investment in planning.
Q: What does managing an EDA grant involve? Compliance, quarterly reporting, and outcome measurement are required. EDA emphasizes job creation, private investment leveraged, and long-term resilience. Q: Who are the right people to engage with? State economic development agencies, regional development districts, governors’ resilience offices, and EDA’s six regional offices all play a role. Q: Is there a connection between BRIC and EDA? Yes. Both programs fund resilience. BRIC focuses on hazard mitigation; EDA frames resilience as economic development.
For more information on our program support, visit our website.
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