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Community Economic Development Funding Opportunity

Community Economic Development Funding Opportunity

The FY 2022 Community Economic Development (CED) SNOFO is now available. CED grants will be awarded to Community Development Corporations (CDCs) that address the economic needs of individuals with low income through the creation of sustainable business development and employment opportunities. 

To be eligible for the CED program, an applicant must meet three conditions: 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.

Applications are due July 11, 2022.

The award floor is $100,000 and the award ceiling is $800,000.


Additional information regarding this CED funding opportunity can be found at, or by contacting Gerald Shanklin

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