Community Economic Development (CED) Program

The Community Economic Development (CED) Program provides grants up to $800,000 to Community Development Corporations (CDCs) to create employment and business development opportunities for low-income individuals in distressed communities, which will ultimately help move individuals towards economic self-sufficiency.  Grantees may use CED funds to support business start-ups or business expansions that will result in the creation of employment and business opportunities in low-income communities.  This year, bonus points will be given to CED projects that will create jobs in green businesses, specific communities affected by the automotive industry, environmental industries, or CED projects that operate in states that currently receive no CED or JOLI funding.

The deadline for CED applications is July 1, 2010.  All applications must be received by 4:30 p.m., EDT, on this date. An informational conference call will be held June 1, 2010 at 1 p.m., EDT.  Interested applicants should register for the call at:  Following this date, the presentation will be available online until July 1, 2010.

For more information about the funding opportunity,

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