New Hampshire Community Development Finance Authority (CDFA)
Ongoing - Applications are accepted on a rolling basis until December 31, 2018, 4:00 PM
Grants to New Hampshire counties and municipalities to support economic development activities that will benefit low and moderate income households and increase employment opportunities. Recipients from the previous funding round are required to attend the January 16 workshop. The primary goal of this program is to create or retain jobs providing good wages, benefits, and training programs.
CDBG Economic Development grants provide funds through an annual set-aside for activities, which create and retain employment, primarily for low and moderate income people, by providing business financing through Regional Development Corporations (RDC) and Economic Development Entities (EDE), or through public facility improvements to support economic development efforts.
CDBG Economic Development Funds can be used for acquisition of land and buildings, construction of commercial buildings, purchase of machinery and equipment, employee training, and public facilities improvements.
RDCs and EDEs can use the CDBG Economic Development funds to make loans to businesses, to acquire and develop real property for sale or lease, to businesses. In both cases the for-profit businesses commit to creating jobs for low and moderate income people.
When used directly by a municipality, funds are used to build or upgrade publicly owned infrastructure which will support the for-profit businesses in their need to expand, resulting in jobs for low and moderate income people.
GrantWatch ID#: 178729
The maximum amount awarded to a municipality for economic development is $500,000 a year (this total is not counted against CDBG awards in other categories).
Municipalities and counties can apply to use the grant funds in a variety of ways, but typically the funds are subgranted to a Regional Development Corporation (RDC), or Economic Development Entity (EDE), or used directly by the municipality.
If you are a grant recipient that received funds in the most recent grant round, you are required to attend the Community Development Block Grant (CDBG) Implementation Workshop. This is an optional training for anyone else.
The one-day training session will be held on Tuesday, January 16, 2018 from 9:00 AM to 4:00 PM at the New Hampshire Audubon - McLane Center (84 Silk Farm Road, Concord).
In order to ensure the successful completion of your project, this free workshop will discuss how to meet all requirements. Topics include how to hire a grant administrator (if applicable), submit reports, request payments, complete environmental reviews, and follow procurement and financial management procedures, among other tasks and obligations.
This training will be beneficial to all parties; municipalities, subrecipients, and grant administrators on the requirements and responsibilities of implementing this federal grant. Failure to properly administer and implement a CDBG grant could lead to an encumbrance of funds and/or a negative finding by the Department of Housing and Urban Development.
CDFA will be providing lunch; please let staff know if you have any dietary restrictions.
More information about the January 16 workshop may be found here:
All workshop dates are posted here:
For each $1 of CDBG funds requested, $1 of non-CDBG money must be committed to the project. Matching funds can come from the business, the municipality or other sources and can be in the form of debt, equity, or the donation of land to an RDC or EDE. The commitment of match must be provided on submission of the application to CDFA.
Applications are accepted on a rolling basis from January 1 to December 31, 2018. Open submission until funds are expended.
All applications must be received by CDFA through its online grants management system by 4:00 PM on the deadline.
Application Samples and Resources:
Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.
To RSVP for the January 16 workshop, email:
Direct questions to:
Meena Gyawali, Director of Community Development
USA: New Hampshire