About Community Economic Development

CEDCommunity Economic Development (CED) is a federal grant program funding Community Development Corporations that address the economic needs of low-income individuals and families through the creation of sustainable business development and employment opportunities.      

CED's projects create employment opportunities that lead to increased self-sufficiency for low-income individuals through a variety of activities, such as:

  • Capital expenditures such as the purchase of equipment or real property;
  • Allowable operating expenses; and
  • Loans or equity investments.

CED funds a variety of projects, including:

  • Business incubators
  • Shopping centers
  • Manufacturing businesses
  • Agricultural initiatives
     

CED awards funds to: Private, non-profit organizations that are community development corporations (CDCs) including faith-based organizations, and Tribal and Alaskan Native organizations.  CDCs must be governed by a tripartite board of directors that consists of residents of the community served, and local business and civic leaders.  CDCs must have as their principle purpose planning, developing or managing low-income housing or community development projects. 

CED programs also provide technical and financial assistance for economic development activities. 

Learn more about CED on our Resource and Research pages.
 

Special Initiative: Healthy Food Financing Initiative

Contact:
Community Economic Development Program
U.S. Department of Health and Human Services
Administration for Children and Families
Office of Community Services
370 L'Enfant Promenade, S.W.
Washington, DC 20447
Phone Number: (202) 401-5663
CED@acf.hhs.gov