The Department of Labor (DOL) is offering funding allotments for the Work Opportunity Tax Credit (WOTC) program for Fiscal Year 2023. This grant is specifically purposed to support the administration and implementation of the WOTC, a federal initiative designed to incentivize employers to hire individuals from specific target groups facing significant barriers to employment. By providing financial assistance, this funding enables states and partner organizations to effectively manage the WOTC program, ensuring its reach and impact. The Work Opportunity Tax Credit aims to facilitate employment opportunities for veterans, welfare recipients, and other eligible job seekers, ultimately fostering economic growth and reducing unemployment. This funding allotment helps maintain and strengthen the infrastructure necessary for the successful operation of this vital tax credit program.
Opportunity ID: 346942
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | ETA-WOTC-TEGL-06-22-C1 |
| Funding Opportunity Title: | Work Opportunity Tax Credit Funding Allotments for Fiscal Year 2023 |
| Opportunity Category: | Mandatory |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Employment, Labor and Training |
| Category Explanation: | – |
| Expected Number of Awards: | 54 |
| Assistance Listings: | 17.271 — Work Opportunity Tax Credit Program (WOTC) |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 1 |
| Posted Date: | Mar 17, 2023 |
| Last Updated Date: | Mar 17, 2023 |
| Original Closing Date for Applications: | Apr 17, 2023 Applications must be submitted electronically no later than 11:59 pm Eastern Time. |
| Current Closing Date for Applications: | Apr 17, 2023 Applications must be submitted electronically no later than 11:59 pm Eastern Time. |
| Archive Date: | May 17, 2023 |
| Estimated Total Program Funding: | $14,584,665 |
| Award Ceiling: | $1,952,123 |
| Award Floor: | $15,780 |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | State Workforce Development Agencies (SWA) |
Additional Information
| Agency Name: | Employment and Training Administration |
| Description: | If you have difficulty accessing the full announcement electronically, please contact bizuayene.rahel@dol.gov. |
| Link to Additional Information: | – |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
Rahel Bizuayene
bizuayene.rahel@dol.gov Email:bizuayene.rahel@dol.gov |
Version History
| Version | Modification Description | Updated Date |
|---|---|---|
Related Documents
Folder 346942 Full Announcement-Full Announcement -> TEGL 06-22, Change 1.pdf
Packages
| Agency Contact Information: | Rahel Bizuayene bizuayene.rahel@dol.gov Email: bizuayene.rahel@dol.gov |
| Who Can Apply: | Organization Applicants |
| Assistance Listing Number | Competition ID | Competition Title | Opportunity Package ID | Opening Date | Closing Date | Actions |
|---|---|---|---|---|---|---|
| 17.271 | ETA-WOTC-TEGL-06-22-C1 | Work Opportunity Tax Credit Funding Allotments for Fiscal Year 2023 | PKG00280632 | Mar 17, 2023 | Apr 17, 2023 | View |
Package 1
Mandatory forms
346942 SF424_4_0-4.0.pdf
Share This Post, Choose Your Platform!
About the Author: osnqt
