Community Economic Development (CED)

Current as of:

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The Community Economic Development (CED) program is a federal grant program that expands employment for individuals with low income in communities facing persistent poverty and high unemployment by investing in community development corporations (CDCs) that create and expand businesses and job opportunities. Jobs created with CED funds provide living wages, paid leave, fringe benefits, and opportunities for career growth. In addition, employees are also connected to critical support services to remove barriers to long-term employment and economic mobility. And 75% of all of the jobs created with CED funds are filled by individuals with low income.

CED provides funding to private, non-profit CDCs, including faith-based organizations and Tribal and Alaskan Native organizations. For every $1 of CED funding that is used on a project, more than $6 from other sources is invested back into low-income communities. View all CED Voices from the Field videos.

Celebrating Community Economic Development Month

Community Economic Development (CED) Month is an annual celebration highlighting how communities come together to drive local economic development. CED supports entrepreneurs, expands businesses, creates jobs, and provides needed products and services to local residents.

 

View the CED Month Website

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Notice:

The CED program does not provide direct grants to individuals; CED does not charge a fee for receiving a grant. If you receive a message offering you a CED grant or requesting a fee, please contact the U.S. Department of Health and Human Services (HHS) Fraud Hotline at 1-800-447-8477. For more information, please visit the Grant Fraud and Scams site.

Information for Prospective Applicants

The CED program hosts a grant competition on an annual basis to fund new CED projects. These application process is competitive, and awards are decided through a panel review process.

Each year, the grant competition is announced through the release of a Notice of Funding Opportunity (NOFO) on Grants.gov

The funding opportunities for Fiscal Year (FY) 2024 have closed. This page will be updated when the FY 2025 CED NOFO(s) are released.

In the meantime, refer to the Information for Prospective Applicants webpage to learn more about funding eligibility, designing a successful CED project, application resources, and submitting a CED application.

CED Grant Recipient Toolkit

The CED Recipient Toolkit is a one-stop shop for grant recipients to find all the information you will need to successfully manage your grant and create impactful job creation.

Each section contains program information, tools, and resources for grant recipients to refer to throughout the life of your CED grant. 

Want to Learn More About Active CED Projects?

Check out the active CED project locations in your area.

Learn more about projects focused on CED initiatives: