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Economic Development Allocation, Over the Counter Component

Community Development Block Grant Program

Links to program publications are shown following the program description.

Purpose

Create or retain jobs for low-income workers in rural communities.

Assistance Type

Grants

Terms

Grants of up to $2,500,000 for eligible cities and counties to lend to identified businesses, or use for infrastructure improvements necessary to accommodate the creation, expansion, or retention of identified businesses.

Eligible Activities

Creation or retention of jobs for low-income workers. May include loans or loan guarantees to businesses for construction, on-site improvements, equipment purchase, working capital, and site acquisition. May also include loans for business start-ups, grants for publicly owned infrastructure, and loan or grants for small business incubators.

Eligible Applicants

Counties with fewer than 200,000 residents in unincorporated areas and cities with fewer than 50,000 residents that are not participants in the U.S. Department of Housing and Urban Development (HUD) Community Development Block Grant (CDBG) entitlement program.

Application Procedures

Applications are invited by an annual Notice of Funding Availability (NOFA). Applications are continuously received and reviewed throughout the year. Awards are made on an ongoing basis, normally within 60 days of HCD receipt of a completed application.

Contact

Program Administration: (916) 552-9398

Program Publications