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2022 CDBG Economic Development

Opportunity Information

Title
2022 CDBG Economic Development
Description
The objective of the Economic Development (ED) Opportunity is to assist businesses which expand the state’s economic base and which create quality jobs primarily benefiting employees in the low and moderate-income levels. CDBG funds will be utilized within the Economic Development Priority Need by a local unit of government for providing communities and counties with resources to assist businesses which expand the state’s economic base and which create quality jobs principally benefiting LMI employees and made available under the LMI CDBG National Objective criteria. In addition, the CDBG State Revolving Loan Fund (RLF) objective is to provide adequate financing for local development to ensure Nebraska's economic prosperity and to use all resources in a timely manner. The State is responsible for ensuring that program income at the State and local levels is used in accordance with applicable federal laws and regulations. Program income for the state's program under the ED Opportunity is regulated by the provisions of 24 C.F.R. §570.489(e). During the 2022 Program Year, all activities proposed in applications for CDBG funding in the ED Opportunity must meet the national objective of benefitting low- and moderate-income persons (through the subcategory LMI Jobs).
Fund Activity Categories
Community Development
Departments
CDBG
Subjects
Economic Development (ED), 2022
Opportunity Manager
Tom Stephens
Is Published
Yes

Funding Information

Opportunity Funding
$0.00

Award Information

Award Ceiling
$1,018,000.00
Award Floor
$125,000.00
Matching Requirement
Yes
Other Funding Requirement

Submission Information

Submission Open Date
Submission Close Date
Allow Multiple Applications
Yes

Question Submission Information

Question Submission Email Address
Question Submission Additional Information
Questions may be directed to: Tom Stephens, Community Development Division Nebraska Department of Economic Development P.O. 94666 Lincoln, NE 68509-4666 (402) 471-6587

Additional Information

Additional Information URL
Additional Information URL Description
Nebraska Community Development Block Grant (CDBG) Application Guidelines Statewide Relay System Individuals, who are hearing and/or speech impaired and have a TTY, may contact the Department through the Statewide Relay System by calling (800) 833-7352 (TTY) or (800) 833-0920 (voice). The relay operator should be asked to call DED at (800) 426-6505 or (402) 471-3111. Resources General and Program specific Amplifund user guides and videos can be found at https://opportunity.nebraska.gov/amplifund/.