The Community Development Block Grant (CDBG) Planning and Feasibility Study Grant helps Colorado communities plan economic development projects that create or retain permanent jobs.
Donor Name: Colorado Office of Economic Development and International Trade
State: Colorado
County: Selected Counties
Type of Grant: Grant
Deadline (mm/dd/yyyy): Ongoing
Size of the Grant: $20,000
Details:
The project needs to create or retain at least one full-time equivalent job per $20,000 funded. Generally, the project needs to fill at least 51% of the jobs it creates or retains with low- to moderate-income persons. This program may award up to $75,000 in grants per year.
Every year, the U.S. Department of Housing and Urban Development’s State CDBG program gives Colorado money for community and economic development. They receive about one-third of this money for economic development across the state. Specifically, we use this money to aid the state’s business loan funds.
Funding Information
Amount: Up to $20,000 per job created and retained.
Ineligibility
These projects are not eligible for this grant:
- projects with historic or commercial importance, typically defined as downtown revitalization or improvements, to a community or a neighborhood, because the Colorado Department of Local Affairs supports those projects
- projects that have not yet identified a business to implement the project
If your business is in one of these areas, it is not eligible for this program:
- Adams County (unincorporated areas and Bennett, Broomfield, Brighton, Federal Heights, Northglenn and Thornton)
- Arapahoe County (unincorporated areas and Bow Mar, Centennial, Cherry Hills Village, Columbine Valley, Deer Trail, Englewood, Glendale, Greenwood Village, Littleton, and Sheridan)
- Douglas County (unincorporated areas and Castle Rock, Larkspur, Lone Tree, and Parker)
- Jefferson County (unincorporated areas and Arvada, Edgewater, Golden, Lakewood,
- Mountain View, and Wheat Ridge)
- Aurora
- Boulder
- Colorado Springs
- Denver
- Fort Collins
- Grand Junction
- Greeley
- Lakewood
- Longmont
- Loveland
- Pueblo
- Westminster
For more information, visit Community Development Block Grant Planning and Feasibility Studies Grant.