The Economic Development Administration (EDA) of the U.S. Department of Commerce is offering a Federal Funding Opportunity for its Planning and Local Technical Assistance programs, aimed at supporting economically distressed communities through the development of regional economic strategies. This initiative encourages eligible applicants, including District Organizations, Indian Tribes, and local government bodies, to submit proposals on a continuous basis, as there are no set application deadlines. The funding, which historically amounted to approximately $30 million for Planning and $11 million for Local Technical Assistance in FY 2015, is intended to enhance economic capacity and resilience, particularly in underserved regions, by facilitating job creation and retention. Interested parties can find more information and application procedures on the EDA's website, with funding amounts ranging from $0 to $300,000, and applications accepted until further notice.