States’ Economic Development Assistance Program (SEDAP)
NEWS: SEDAP Grants
The main investment tool used by the Delta Regional Authority is the States’ Economic Development Assistance Program (SEDAP), which provides direct investment into community-based and regional projects that address the DRA’s congressionally mandated four funding priorities.
Click your state below or visit our newsroom to learn more about the projects that received SEDAP funding last cycle.
About SEDAP
Strategic investment in the 252 counties and parishes served by the Delta Regional Authority is helping to improve the quality of life and boost economic development opportunities.
Under federal law, at least 75 percent of DRA funds must be invested in economically distressed counties and parishes. Half of these funds are targeted to transportation and basic infrastructure improvements. The remaining funds are directed to DRA’s other funding priorities of workforce development and business development with a focus on entrepreneurship.
The DRA works closely with the 45 Local Development Districts in the DRA footprint that serve as front-line project managers to ensure community-relevant project development and investment. SEDAP investments emphasize job creation, regional collaboration, and funding partnerships in communities.
States' Economic Development Assistance Program (SEDAP)
Cumulative Regional Benefits from DRA
The numbers below are for FY 2002-FY 2018
Total DRA Projects |
1,239
|
DRA Investment |
$211,041,666
|
Other Public Investment |
$ 1,195,616,815
|
Other Private Investment |
$ 3,478,561,842
|
|
|
|
|
Jobs Created and Retained |
60,368
|
Individuals Trained for Jobs |
53,784
|
Families Affected |
400,000
|