Friday, May 6, 2022

Notice of Funds Availability; Cotton and Wool Apparel Program June 17 DEADLINE

On May 6, 2022, the Department of Agriculture published in the Federal Register (87 FR 27083 Notice of Funds Availability; Cotton and Wool Apparel Program.

"SUMMARY: The Farm Service Agency (FSA) is announcing the availability of $50 million for the new Cotton and Wool Apparel Program (CAWA), which will support the domestic markets for wool and Pima cotton by assisting eligible apparel manufacturers of men's and boys' worsted wool suits, sport coats, pants, or Pima cotton dress shirts; Pima cotton spinners; and wool fabric manufacturers and wool spinners. The COVID-19 pandemic dramatically reduced the demand for these types of clothing, textiles, and threads, and in turn, the market for the raw commodities. CAWA will assist in the development and restoration of the market for domestically produced cotton and wool products and ultimately for the underlying commodities. To be eligible for CAWA, an applicant must have experienced a decrease of at least 15 percent in calendar year 2020 gross sales or consumption of eligible products described in this document compared to the applicant's gross sales or consumption in any selected calendar years 2017, 2018, or 2019. Payments to eligible entities will be based on their pre-pandemic market share relative to other similar applicants subject to payment limitations. The eligibility requirements, payment calculation, and application procedure for CAWA are included in this document.

Funding Availability: Implementation will begin May 6, 2022.
Applications Start Date: We will accept applications for funding starting on May 16, 2022.
Applications Due Date: We will accept applications for funding through June 17, 2022."

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