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
credit:
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.
An important modification to this announcement has been published.
Please access the full announcement and modification for further information.