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Community Development Block Grant Program

Provides funding to commercial and industrial economic development projects. Program funds are dispersed to a local jurisdiction in the form of a conditional grant and are then used for public improvements or loaned to a business.

  • Project must create employment for individuals from low to moderate income in non-urban areas of the state, or eliminate slum and blight conditions.
  • The political subdivision may be liable if the project fails.
  • The use of funds is fairly broad and includes the acquisition of fixed assets, infrastructure, and feasibility studies.
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