EXECUTIVE SUMMARY: In Fiscal Year (FY) 2009, contingent upon available funding, the Office of Community Services (OCS) will award Community Economic Development (CED) discretionary grant funds to Community Development Corporations (CDCs) for well-planned, financially viable, and innovative projects to enhance job creation and business development in low-income communities. The grants will be made as part of a broader strategy to address objectives such as arresting tendencies toward financial dependency, chronic unemployment, and community deterioration in urban and rural areas. OCS has a specific interest in funding strong projects that will create jobs in high growth sectors, or that operate in states that currently receive no CED or Job Opportunities for Low-income Individuals (JOLI) funding. MODIFICATION TO THE PUBLISHED ANNOUNCEMENT:
The Division of Community Discretionary Programs will be sponsoring a pre-application conference call for all parties interested in applying for the Community Economic Development Projects funding opportunity. This conference call is to inform the public on this grant funding opportunity provide an overview of the CED program and review the program funding announcement. Application requirements, procedures and timelines will be explained. The pre-application conference call will be held April 27, 2009 at 2 P.M. EST. Interested applicants should register for the call at: OCSRegistrar@icfi.com. You may also call 703-934-3212 with any questions. When we receive your registration, a PowerPoint presentation and the call-in access information will be sent to you. If you are unable to participate in the live conference call, a recording and transcript of it will be available at the CED Web site: http://www.acf.hhs.gov/programs/ocs/dcdp/ced/index.html following the conference call until the closing date of the announcement. For additional questions, contact us at ocsgrant@acf.hhs.gov.
The CED program provides funding for projects located in Please edit paragraph 24 (last paragraph in Description sections) by removing Oregon and adding District of Columbia as follows: CED projects may be funded for work in any qualified geographic area, and in any viable industry. However, the program strongly encourages work in states that do not already have Community Economic Development (CED) or Job Opportunities for Low-Income individuals (JOLI) projects. Currently, these states are Alaska, Alabama, Colorado, Delaware, District of Columbia, Idaho, Kansas, Mississippi, New Hampshire, Nevada, ELIGIBLE ACTIVITIES - Activities that contribute to creation or expansion of sustainable new businesses and jobs And, delete the definition for “Eligible Project Area”:
1. Address To Request Application Package: Please replace “URL” with “Email” in the following text: 2. Content and Form of Application Submission: PROJECT DESCRIPTION – E. For Loan or Revolving Loan Fund Projects Only: the application should demonstrate that loans backed with CED funding will support low-income borrowers through Criterion 1 – Objectives And Need For Assistance D. The application demonstrates that the project will meet the program's objectives by serving low-income individuals Criterion 2 – Approach. 3. Financial Strategies E. For Loan or Revolving Loan Fund Projects Only: the application should demonstrate that loans backed with CED funding will support low-income borrowers through lower interest rates than traditional loans.Criterion 5 – Evaluation. Please edit as follows: B. The application demonstrates the logical connections between the project activities discussed in the Approach section and the outcomes discussed in the
ANNOUNCEMENT AVAILABILITY: This CED Program Announcement is accessible at the ACF Grant Opportunities webpage: http://www.acf.hhs.gov/grants/index.html or at http://www.Grants.gov. For further information, please contact Rafael J. Elizalde at 1-800-281-9519 or OCSGRANTS@ACF.HHS.GOV.
Posted on April 17, 2009 |