PROGRAM OBJECTIVES:
To assist State and local interests design and implement strategies to adjust or bring about change to an economy. Program focuses on areas that have experienced or are under threat of serious structural damage to the underlying economic base. Such economic change may occur suddenly or over time, and generally results from industrial or corporate restructuring, new Federal laws or requirements, reduction in defense expenditures, depletion of natural resources, or natural disaster. Aids the long-range economic development of areas with severe unemployment and low family income problems; aids in the development of public facilities and private enterprises to help create new, permanent jobs.

 ELIGIBLE FUNCTIONAL CATEGORIES:
1. BUSINESS AND COMMERCE;
- Economic Injury and Natural Disaster;
- Special Technical Service;
- Minority Business Enterprise;
2. COMMUNITY DEVELOPMENT;
- Planning and Research;
- Construction, Renewal and Operations;
- Historical Preservation;
- Site Acquisition;
- Indian Action Services;
- Technical Assistance and Services;
- Land Acquisition;
3. EMPLOYMENT, LABOR, AND TRAINING;
- Planning, Research, and Demonstration;
- Program Development;
- Job Training, Employment;
- Assistance to State and Local Governments;
- Facilities, Planning, Construction, and Equipment;
4. NATURAL RESOURCES;
- Water Conservation and Research;
- Community Water Supply Services;
5. TRANSPORTATION;
- Highways, Public Roads, and Bridges;
- Rail Transportation;

 WHO CAN BENEFIT FROM THIS PROGRAM:
- Interstate;
- State;
- Local;
- Public nonprofit institution/organization;
- Federally Recognized Indian Tribal Governments;
- Private non-profit institution/organization;
- American Indian;

 WHO CAN APPLY:
- Interstate;
- State (includes District of Columbia, public institutions of higher education and hospitals);
- Local (includes State-designated Indian Tribes, excludes institutions of higher education and hospitals);
- Sponsored organization;
- Public non-profit institution/organization (includes institutions of higher education and hospitals);
- Federally Recognized Indian Tribal Governments;
- Private non-profit institution/organization (includes institutions of higher education and hospitals);