ECONOMIC DEVELOPMENT
$750,000
Funding Limit
MATCH
50%
of the awarded amount
Qualify
SEE IF YOUR COMMUNITY QUALIFIES
check qualifications programs and more
Funding Amounts
$2.5 million has been allocated for the Economic Development program in 2023. The maximum amount of CDBG funds that can be applied for is $750,000.
Qualifying Projects
This program funds projects assisting for-profit businesses or agricultural cooperatives with infrastructure improvements, land acquisition, site preparation, building construction or renovation, machinery, equipment, lease payments, inventory, payroll, and other working capital items.
Selection Criteria
Grant applications are evaluated for funding based on project/financing feasibility, per capita job creation/retention, and project leveraging (match).
Key considerations include:
Community Showcase Map
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Qualify
LMI help The Community Development Block Grant (CDBG) program requires that each CDBG funded activity must either principally benefit low- and moderate-income (LMI) persons, aid in the prevention or elimination of slums or blight, or meet a community development need having a particular urgency.
Persons in Family |
LMI Family Income Limit* |
---|---|
1 | |
2 | |
3 | |
4 | |
5 | |
6 | |
7 | |
8 |
*LMI calculations are from 2015 Census and LMI by household are from 2022 HUD Section 8. Final LMI will be confirmed upon application review.
Find Assistance
Assistance from a professional with CDBG grant experience can help you streamline and strengthen your application. Some or all of the costs to engage help can be covered by your award.
Find Pros in Your AreaApplication
Grant Guidelines (.pdf) Economic Development FAQS (.pdf) view all resources ApplicationApplication Deadline: Application Deadline: Jan 2, 2023 thru Dec 1, 2023
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