Defense Reinvestment Grant Program (DRG)
Forecasted
FloridaCommerce’s Defense Reinvestment Grant Program funds research and planning to support military installations and diversify Florida’s defense-dependent economies.
Funder: FloridaCommerce
Due Dates (Anticipated): July 2027 (Application deadline, projected)
Funding Amounts: Total program funding anticipated at $2,000,000; individual award amounts to be determined; typical grant period up to 24 months.
Summary: Supports community-based initiatives in Florida that protect military installations, diversify defense-dependent economies, and facilitate reuse of military facilities.
Key Information: Forecasted cycle—dates and funding subject to annual legislative appropriation.
Description
The Defense Reinvestment Grant Program (DRG), administered by FloridaCommerce, provides funding to support local government and economic development council efforts that strengthen the long-term viability of military installations, foster economic diversification in defense-dependent communities, and assist with planning for the reuse of closed or realigned military facilities. The program prioritizes projects that preserve and protect military assets, enhance local economic resilience, and improve Florida's military-friendly environment for service members, families, and related businesses.
