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Find similar grantsEconomic Adjustment Assistance – Revolving Loan Fund (RLF) is sponsored by U.S. Department of Commerce (DOC) / Economic Development Administration (EDA). Under Economic Adjustment Assistance, EDA can provide funding to eligible recipients for Revolving Loan Fund (RLF) grants.
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Revolving Loan Fund (RLF) | U.S. Economic Development Administration Revolving Loan Fund (RLF) Risk Analysis System Updates EDA has monitored and evaluated the performance of RLF Program awards using the Risk Analysis System (RAS) since 2018.
Since the implementation of risk rating, EDA has aimed to improve upon the tool in a manner that allows RLFs to better align their lending practices with the evolving needs of borrowers and the broader economic landscape.
After extensive consideration and review based on feedback from EDA grantees and EDA RLF program staff, as well as data analysis supported with technical assistance grants, it has been determined that five of the current measures are either unnecessary or redundant. Starting with 09/30/2024 Financial Reports, RLF Recipients will use the updated scoring structure.
For more information about these changes, the memo linked here (PDF) details the reasons for removing the five measures. An updated scoresheet is provided at the end of the document. If you have any questions, please contact your Regional RLF Administrator.
EDA provides Economic Adjustment Assistance (PDF) grants to eligible recipients to capitalize or recapitalize lending programs that service businesses that cannot otherwise obtain traditional bank financing (and in limited situations to governmental entities for public infrastructure).
These loans provide access to capital as gap financing to enable small businesses to grow and generate new employment opportunities with competitive wages and benefits. Financing also helps retain jobs that might otherwise be lost, create wealth, and support minority and women-owned businesses.
RLF Program Fact Sheet (PDF) Information on how to apply, eligibility, etc., can found in EDA’s FY 2023 Public Works and Economic Adjustment Assistance Programs Notice of Funding Opportunity (PWEAA NOFO) . Examples of how small businesses are plugging into EDA-supported Revolving Loan Funds to ensure their continued growth and success can be found on our RLF success stories page.
A sortable list of EDA-funded RLF Recipients is available here (XLSX). Information includes organization name, city, state, webpage and lending area.
Locate Available Revolving Loan Fund Grantee's by State District of Columbia (DC) Federated States of Micronesia (FM) Northern Mariana Islands (MP) Republic of Marshall Islands (MH) U.S. Economic Development Administration U.S. Department of Commerce 1401 Constitution Avenue, NW, Suite 71014
According to the current listing, eligibility includes: Eligible recipients include District Planning Organizations; Tribal, state, or local governments; institutions of higher education; and public or private nonprofit organizations. Confirm the full requirements in the official notice before applying.
Economic Adjustment Assistance – Revolving Loan Fund (RLF) is funded by U.S. Department of Commerce (DOC) / Economic Development Administration (EDA). Verify program details on the funder's official page before applying.
Yes — this listing is flagged as national in scope, so applicants across the U.S. may apply, subject to the sponsor's other eligibility criteria.
Applications go through the funder's official portal — the Apply Now link on this page goes there directly.
On July 20, 2026, the EDA announced it intends to invest $169 million across six Regional Technology and Innovation Hubs — quantum, nuclear, critical minerals, biosecure manufacturing, pharmaceuticals, and forest bioproducts — after the Trump administration rescinded the Biden-era Phase 2 awards and reran the competition. Only two of the original winners survived. Here is the full breakdown of the six hubs, why four prior awardees were dropped, and what the re-award teaches regional coalitions about competing for the next round.
Read articleWhile founders chase fixed grant deadlines, the Economic Development Administration runs two flagship programs on a rolling basis — no application window, applications accepted until the money runs out. Here is how Public Works and Economic Adjustment Assistance work in FY2026, why the CEDS requirement is the real gate, and how communities should sequence an application.
Read articleThe EDA's May 11 NOFO will award 5-8 grants of $1M-$8M for AI workforce training — but only to employer-led sectoral partnerships, not standalone training providers. With a 60% federal cap and a 24-36 month performance period, the design favors regional coalitions over universities. Here is how to assemble a winning application.
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