This grant funds nonprofit Community Development Corporations to implement innovative, financially viable projects that create jobs and foster business development for low-income individuals. Projects may involve construction or non-construction activities and should target urban and rural underserved areas. Emphasis is on sustainability, active recruitment of low-income workers, and integration with other community programs addressing poverty and unemployment.
Eligible applicants are private nonprofit Community Development Corporations with 501(c)(3) status, focused on low-income housing or economic development, and with boards representing community residents, business, and civic leaders. Individuals, federal, and foreign entities are ineligible.
