Real Property Status Reporting

  • Federal regulations and compliance require that certain reports be submitted during the useful life of the project.
  • The appropriate EDA staff will notify Recipients in writing of the reporting requirements and current instructions within a reasonable period of time (typically 45 days) prior to the submission of reports.
    • Real Property Status Reporting
      • EDA retains an interest in the real property that was acquired and/or improved with EDA funding according to the Financial Assistance Award. EDA’s Standard Terms and Conditions for Construction Projects and 2 CFR 200.330 both require grant Recipients to submit reports (using Form SF-429 “Real Property Status Report” or any successor form) on the status of real property in which the Federal government retains an interest.
      • EDA’s interest in the real property typically ranges from 15 to 20 years depending on the project type. For projects with a useful life of 15 years or more, a Real Property Status Report will be required at various multi-year frequencies (not to exceed a five year reporting period) throughout the useful life of the project. EDA may require more or less frequent reporting and will advise you in writing of the reporting requirements. The applicable reports and related instructions are listed below.
    • Real Property Status Reporting Checklist for Project Close-Out (PDF)
    • Real Property Status Reports and Instructions
      • SF-429 - Real Property Status Report – Cover Page
      • SF-429A - Real Property Status Report – Attachment A –General Reporting
      • SF-429B - Real Property Status Report – Attachment B –Request to Acquire, Improve, or Furnish
      • SF-429C - Real Property Status Report – Attachment C – Disposition or Encumbrance Request
      • SF-429I - Real Property Status Report - Instructions