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RESTORE Act Direct Component – Construction and Real Property Acquisition Activities

U.S. Dept. of Treasury RESTORE Act Program · Opportunity GR-RDC-25-001

Deadline October 31, 2026 52 days left

Applications will be accepted on a rolling basis as long as funds are available in an applicant’s Trust Fund allocation. This FOA will close on October 31, 2025. This FOA will either be further extended, or a new FOA may be posted in 2025 as determined necessary by the U.S. Department of the Treasury (Treasury).

Award range Up to $120.2M
Total program funding

≈ 10 awards expected

PostedSeptember 26, 2024

Who can apply

About this opportunity

Treasury is publishing multiple funding opportunity announcements (FOAs) for its RESTORE Act grant programs. This announcement applies only to the Direct Component and is only for applications for eligible construction and real property acquisition activities, including environmental restoration projects and including projects with or without a non-federal cost-share for another federally funded project or program. To apply for eligible activities that do not involve any construction, land acquisition, or environmental restoration, applicants should use the non-construction funding opportunity announcement (GR-RDC-25-002). All construction and real property acquisition activities, and any activity that requires a permit from a federal or state agency, including natural resource restoration projects, should be submitted under this construction and real property acquisition funding opportunity announcement. Trust Fund amounts are available to carry out eligible activities described in the RESTORE Act and Treasury’s implementing regulations at 31 CFR 34.201. These are: 1) Restoration and protection of the natural resources, ecosystems, fisheries, marine and wildlife habitats, beaches and coastal wetlands of the Gulf Coast region. 2) Mitigation of damage to fish, wildlife, and natural resources. 3) Implementation of a Federally- approved marine, coastal, or comprehensive conservation management plan, including fisheries monitoring. 4) Workforce development and job creation. 5) Improvements to or on State parks located in coastal areas affected by the Deepwater Horizon oil spill. 6) Infrastructure projects benefitting the economy or ecological resources, including port infrastructure. 7) Coastal flood protection and related infrastructure. 8) Promotion of tourism in the Gulf Coast region, including promotion of recreational fishing. 9) Promotion of the consumption of seafood harvested from the Gulf Coast region. 10) Planning assistance. 11) Administrative costs. Eligible activities 1 through 7 listed above must be carried out in the Gulf Coast region.

Award history — Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States (Assistance Listing 21.015)

This program made 18 new awards in FY2025.

New awards by fiscal year ’21: 21 · ’22: 20 · ’23: 24 · ’24: 7 · ’25: 18
Award size (min / median / max) $28k / $1.5M / $122.1M

Across the 89 most recent awards. Total obligations, not per-year.

Repeat winners 14 of 26 recipients won more than once

New awards recorded on USAspending.gov under the federal program that funds this opportunity. FY2025 figures may still be incomplete. U.S. Dept. of Treasury RESTORE Act Program does not publish how many applications it receives, so a true success rate cannot be computed for this program — no one can honestly sell you that number.

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