Community Development Block Grant Planning and Feasibility Studies Grant

About this opportunity

The Community Development Block Grant (CDBG) Planning and Feasibility Study Grant helps Colorado communities plan economic development projects that create or retain permanent jobs. The project needs to create or retain at least one full-time equivalent job per $20,000 funded. Generally, the project needs to fill at least 51% of the jobs it creates or retains with low- to moderate-income persons. This program may award up to $75,000 in grants per year. Every year, the U.S. Department of Housing and Urban Development’s State CDBG program gives Colorado money for community and economic development. We receive about one-third of this money for economic development across the state. Specifically, we use this money to aid the state’s business loan funds. The money goes into 14 regional loan fun...