To foster health and well-being by providing federal leadership, partnership and resources for the compassionate and effective delivery of human services
The Community Economic Development (CED) grant program, administered by the Administration for Children and Families' Office of Community Services, aims to distribute approximately $12.3 million in discretionary funds to Community Development Corporations (CDCs). These funds are intended to support well-conceived, financially sustainable, and innovative projects that enhance job creation and business development for low-income individuals. The CED grants prioritize decreasing federal program dependency, alleviating chronic unemployment, and combating community deterioration across both urban and rural areas. Specifically, the program looks to fund projects that will not only create jobs but also actively recruit low-income individuals to fill these positions, ensuring their successful employment retention and the long-term viability of the jobs and businesses developed. While both non-construction and construction projects can be funded, the emphasis is on permanent job creation rather than temporary construction roles. Additionally, there's encouragement for projects targeting rural and underserved communities, especially in states where current projects are underway.