Not Applicable
The State and Economic & Infrastructure Development (SEID) Program funds economic development and infrastructure projects throughout designated counties in the NBRC's four-state service area. The NBRC provides investments to job-creating projects that help reduce poverty, unemployment, and outmigration, within 7 statutorily defined funding areas.
90.601
Discretionary
Other (i.e. one-time funding): Program availability is announced through press releases, outreach through regional and state partners and on the NBRC website.
Letters of Interest due April 2023 Applications Due June 2022
Total Amount: Approximately $45MM
Amount Available Towards Broadband (if specified): Not Specified
Yes
If yes, what is the matching requirement: 20% of total project cost if in a Distressed County or 50% in a Transitional County (details available on NBRC website)
Other (i.e. if match is beneficial to an application but not required): Eligible applicants may request a full or partial match waiver if securing match has been impacted directly as a result of COVID-19.
NBRC funds are able to be used as match upon mutual agreement with other Federal programs. However, NBRC funds cannot be part of a project that includes more than 80% total Federal funds.
Not Applicable
Limited to NBRC designated Counties within Maine, New Hampshire, New York, and Vermont. Guidance available on NBRC’s website.
Not Applicable
Reporting Requirements can be found in our compliance manual which is located here: https://www.nbrc.gov/content/administration
NBRC’s annual reports summarize the Commissions’ activities and accomplishments. https://www.nbrc.gov/content/impact-reporting
Please contact NBRC’s Program Director Andrea Smith, Asmith@nbrc.gov for more information
Not Applicable
March 2023