Community Economic Development (CED) Program

Posted by on April 09, 2012

The Community Economic Development (CED) Program

The Community Economic Development (CED) Program is a Federal program that awards grants for projects that create business development opportunities and employment for low-income individuals.

Eligible Applicants Private, non-profit Community Development Corporations (CDCs)

Maximum Grant Amount $800,000

2012 Funding: The 2012 Funding Opportunity Announcement is anticipated to be released soon.

Eligible Uses: Costs of a commercial development, equity investments, capital for a new business, business expansion, business incubators, loans, and revolving loan funds.

Healthy Food Projects Bonus points will be awarded to projects addressing the elimination of food deserts; projects that finance grocery stores, farmers markets or other retail sources that provide access to fresh nutritious food; and projects that collaborate with other Healthy Food Financing Initiative (HFFI) programs

For more information about the CED program, visit OCS Community Development at: http://www.OCSCommunityDevelopment.org. If you’re interested in receiving more information about applying for a CED grant please email: OCSRegistrar@icfi.com.


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