This Work Opportunity Tax Credit (WOTC) grant is for the purpose of distributing crucial initial funding allotments to states for Fiscal Year 2025. This significant financial allocation aims to empower states to conduct essential WOTC activities, which are vital for connecting eligible job seekers with employment opportunities and providing tax incentives to businesses. The grant announcement clearly outlines the comprehensive application requirements that prospective grantees must fulfill to secure these funds. By detailing the process for receiving funding, this initiative ensures a transparent and efficient distribution of resources. The primary objective is to facilitate the continued operation and expansion of state-level programs that leverage the WOTC, supporting both workforce development and economic growth throughout the upcoming fiscal year.
Opportunity ID: 357553
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | ETA-WOTC-TEGL-08-24 |
| Funding Opportunity Title: | Work Opportunity Tax Credit (WOTC) Initial Funding Allotments for Fiscal Year 2025 |
| Opportunity Category: | Mandatory |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Employment, Labor and Training |
| Category Explanation: | – |
| Expected Number of Awards: | 53 |
| Assistance Listings: | 17.271 — Work Opportunity Tax Credit Program (WOTC) |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 1 |
| Posted Date: | Dec 05, 2024 |
| Last Updated Date: | Dec 05, 2024 |
| Original Closing Date for Applications: | Jan 06, 2025 Applications must be submitted electronically no later than 11:59 pm Eastern Time. |
| Current Closing Date for Applications: | Jan 06, 2025 Applications must be submitted electronically no later than 11:59 pm Eastern Time. |
| Archive Date: | Feb 06, 2025 |
| Estimated Total Program Funding: | $4,101,822 |
| Award Ceiling: | $518,848 |
| Award Floor: | $7,988 |
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: | This TEGL announces the availability of initial WOTC FY 2025 state allotments to conduct WOTC activities and grant award application requirements for grantees to receive funding allocations. Questions regarding this funding opportunity may be emailed to Rahel Bizuayene (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 357553 Full Announcement-Full Announcement -> TEGL 08-24.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-08-24 | Work Opportunity Tax Credit (WOTC) Initial Funding Allotments for Fiscal Year 2025 | PKG00289475 | Dec 05, 2024 | Jan 06, 2025 | View |
Package 1
Mandatory forms
357553 SF424_4_0-4.0.pdf