1. Short title This Act may be cited as the Climate Adaptation Plan Act or the CAP Act . 2. Climate adaptation plan grant program (a) In general Not later than 1 year after the date of the enactment of this section, the Administrator shall establish a grant program to award amounts, on a competitive basis, to eligible entities to facilitate the development of a climate adaptation plan by such eligible entities. (b) Guidance The Administrator shall issue guidance regarding the implementation of the grant program established under subsection (a) in consultation with stakeholders, including representatives of youth, farmers, nongovernmental organizations, the scientific and technological community, trade unions, the business and industrial community, Indigenous communities, and local governments. (c) Applications To be eligible for a grant under this section, an eligible entity shall submit to the Administrator an application in such form, at such time, and containing such information as the Administrator determines appropriate, including the following: (1) Information demonstrating that a low-income community is included within the population represented by the eligible entity. (2) Information demonstrating that the eligible entity either has experience with, or plans to contract the services of an individual or entity who has experience with— (A) conducting risk assessments with regard to climate change; (B) hazard mitigation; (C) program and project finance; and (D) Federal grant applications. (3) Demographic information of the population represented by the eligible entity, including— (A) population size; (B) average household income; (C) race; (D) education level