Community Economic Development Focus on Social Enterprises
This funding record is inactive. Please see the program website or contact the program sponsor to determine if this program is currently accepting applications or will open again in the future.
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The Community Economic Development (CED) Focus on Social Enterprises program provides Grants to provide technical and financial assistance to support organizations willing to create or expand social enterprises that will work to reduce personal or community barriers and provide economic support through the creation of employment and business opportunities for individuals and families with low income. Bonus points will be awarded to projects that will create jobs in rural communities with high rates of poverty, unemployment, or substance abuse, or hire individuals with low income from rural communities to fill positions created.
The positions created should:
- Lead to increased self-sufficiency for individuals and families with low income
- Create businesses and jobs in low income communities that improve the livelihood of those who obtain those jobs and strengthen the economic life of the community itself
- Attract additional public and private funds to increase community investment and quality of life in low income communities
Community barriers are defined as conditions in a community that impede success in employment or self-employment of individuals with low incomes. Such conditions may include:
- Lack of employment education and training programs
- Lack of public transportation
- Lack of markets
- Unavailability of financing, insurance, and bonding
- Inadequate social services
- Substance abuse
- Inadequate healthcare access
- Environmental health hazards
Applicants must meet 3 conditions:
- Applicant must be a private, non-profit Community Development Corporation (CDC) with 501(c)(3) status
- 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
- The Board of Directors must have representation from community residents, business leaders, and civic leaders
Award ceiling: $400,000 per year
Project period: 5 years
Estimated number of awards: 6
Estimated total program funding: $2,400,000
Links to the full announcement and the online application process are available through grants.gov.
- Administration for Children and Families, view details
- U.S. Department of Health and Human Services, view details
For complete information about funding programs, including your application status, please contact funders directly. Summaries are provided for your convenience only. RHIhub does not take part in application processes or monitor application status.