[CPEO-BIF] Economic Development Discretionary Grant Program (U.S. HHS Department)

[Lenny Siegel <lsiegel@cpeo.org>]

Community Services Block Grant Program Community Economic Development 
Discretionary Grant Program--Operational Projects

Executive Summary:

Pursuant to this announcement and contingent upon available funding and 
statutory authorization, the Office of Community Services (OCS) will 
award Community Economic Development (CED) discretionary grant funds for 
operational projects to Community Development Corporations (CDCs) that 
are experienced in implementing economic development projects.  The 
purpose of these grants is to create new employment and business 
development opportunities for low-income individuals.  Eligible CDCs, 
including American Indian, Native Alaskan, and faith-based CDCs, must 
have in place:  (1) written unconditional financial commitments for all 
non-CED funding needed for the project, (2) management, staff and other 
resources to operate the project, (3) evidence of site control for the 
project (e.g., lease agreement, or deed) and (4) referral sources from 
which low-income individuals would access the project.  Written proof of 
commitments from third parties must be signed by the head of the 
partnering organization providing funding, referrals, or other 
resources. Low-income beneficiaries of such projects include those who 
are living in poverty, as determined by the U.S. Department of Health 
and Human Services (HHS) Guidelines on Poverty (found at 
http://aspe.hhs.gov/poverty/index.shtml).  Beneficiaries may be 
unemployed; public assistance recipients, including recipients of 
Temporary Assistance for Needy Families (TANF); at-risk youth; custodial 
and non-custodial parents; residents of public housing; persons with 
disabilities; persons who are homeless; or individuals transitioning 
from incarceration into the community.  Grant funds awarded under this 
announcement are intended to provide resources to eligible CDCs for 
their job creation and business projects as well as to address broader 
objectives such as arresting tendencies toward financial dependency, 
chronic unemployment, and community deterioration in both urban and 
rural areas.   Eligible CDCs must submit a business plan that 
demonstrates the economic feasibility of the venture.

For more details and an official correction, go to
http://www.acf.hhs.gov/grants/open/HHS-2006-ACF-OCS-EE-0019.html

--


Lenny Siegel
Director, Center for Public Environmental Oversight
c/o PSC, 278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org


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