Treasury Publishes RESTORE Act Opportunities

The Department of Treasury, Office of Gulf Coast Restoration published several funding opportunities on January 5, 2016. Treasury is responsible for administering the Direct Component and Centers of Excellence Programs under the 2012 RESTORE Act. Six opportunities are available to 47 eligible applications. These grants are a first critical step to getting Deepwater Horizon oil spill reparation funding to the Gulf States.

Recent Announcements Are Significant Milestones to Address Gulf of Mexico Restoration

On Monday, October 5th the Department of Justice released the proposed Consent Decree to resolve civil claims arising from the 2010 Deepwater Horizon oil spill. In addition, the Natural Resource Damage Assessment (NRDA) Trustees released their draft restoration plan, the Programmatic Damage Assessment and Restoration Plan (PDARP) and Programmatic Environmental Impact Statement (PEIS).