Florida Department of Economic Opportunity Announces $30 Million Available to Florida Rural Communities for Economic Development
TALLAHASSEE, Fla. – Today, the Florida Department of Economic Opportunity (DEO) announced $30 million in available funds for Florida rural communities through the Rural Infrastructure Fund (RIF). Rural communities can apply for this grant beginning July 15, 2022, to make infrastructure improvements and facilitate economic development activities that have positive, long-term impacts on local economies.
“Governor DeSantis secured a record increase in RIF funding - from $5 to $30 million - for the upcoming fiscal year, reaffirming his commitment to fostering generational growth and success within Florida’s rural communities,” said DEO Secretary Dane Eagle. “Rural communities are encouraged to apply for this historic funding to better position themselves for future economic development opportunities.”
RIF is a reimbursement grant program that facilitates the planning, preparing, and financing of infrastructure projects in rural communities, which encourage job creation, capital investment, and the strengthening and diversification of rural economies by promoting tourism, trade, and economic development.
$30 million is available for eligible communities listed under the Rural Economic Development Initiative (REDI):
Awards will be made on a rolling basis as applications to the program are received. For more information about RIF and the application cycle, as it becomes available, please visit www.FloridaJobs.org/RIF.
The Florida Department of Economic Opportunity combines the state’s economic, workforce and community development efforts, expediting economic development projects to fuel job creation in competitive communities and promote economic resiliency. For more information, including valuable resources for employers and job seekers, please visit www.FloridaJobs.org.
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