Grants

Underserved Community Economic Development Grants

GRANT FOCUS: Community, Community Development, Poverty, Family Support
Amount: $400,000
Deadline:
July 29, 2019

“Funds will be awarded to experienced Community Development Corporations (CDCs) for well planned, financially viable, and innovative projects sponsoring social enterprise incubators. These incubators will develop new products, services, and commercial activities that result in new positions for individuals with low incomes, while also addressing a local unmet need or solution to social problems for the community’s constituents and its stakeholders. Projects also address the personal and community barriers that must be overcome to help individuals with low incomes become self-sufficient. (e.g., transportation, childcare, education/training, language, etc.) Projects can use funds for costs associated with social enterprise start-up or expansion activities, as well as technical assistance and incubator services to these businesses. Projects must be located in geographic areas with a demonstrated need for social enterprise, such as a county designated as having persistent poverty.”

Funder: Administration for Children and Families
Eligibility: “(1) Applicant must be a private, non-profit CDC with 501(c)(3) status; (2) Applicant must have articles of incorporation or bylaws demonstrating that the CDC has as a principal purpose the planning, developing, or managing of low- income housing or community economic development activities; and (3) The Board of Directors must have representation from each of the following: community residents, business leaders, and civic leaders. Faith-based and community organizations that meet the eligibility requirements are eligible to receive awards under this funding opportunity announcement.”
Contact: Link. 


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