Resource Details

Economic Development

Community Development Investment Grant Program

The program will support urban, small city and rural community redevelopment efforts by providing financial incentives for catalytic, shovel-ready projects with emphasis on, but not limited to, downtown community-driven efforts. Funded activities should lead to measurable benefits in job opportunities, property values and/or leveraged investment by local and private partners. Eligible projects include building renovation, historic preservation, demolition, new construction, infrastructure investment

Eligibility

Municipalities (including counties, cities, villages, and towns), tribal entities, and other governmental authorities designated by a municipality to apply on its behalf will be eligible

Top Benefits

  • Expected to assist 35 communities and achieve a 15:1 leverage of other investment.
  • Support community development in downtown areas, increase job opportunities and property values

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