Community Development Block Grant/Economic Development Infrastructure Financing (United States)

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Last modified on February 12, 2015.

EZFeed Policy

Place United States


   
Applies to States or Provinces Alabama;Alaska;Arizona;Arkansas;California;Colorado;Connecticut;Delaware;District of Columbia;Florida;Georgia;Hawaii;Idaho;Illinois;Indiana;Iowa;Kansas;Kentucky;Louisiana;Maine;Manitoba;Manitoba;Maryland;Massachusetts;Michigan;Minnesota;Mississippi;Missouri;Montana;Nebraska;Nevada;New Hampshire;New Jersey;New Mexico;New York;North Carolina;North Dakota;Ohio;Oklahoma;Oregon;Pennsylvania;Rhode Island;South Carolina;South Dakota;Tennessee;Texas;United States;Utah;Vermont;Virginia;Washington;West Virginia;Wisconsin;Wyoming
Name Community Development Block Grant/Economic Development Infrastructure Financing (CDBG/EDIF) (Oklahoma)
Policy Category Financial Incentive
Policy Type Grant Program, Loan Program
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes

Implementing Sector Federal




























Primary Website http://portal.hud.gov/hudportal/HUD?src=/program_offices/comm_planning/communitydevelopment/programs



Last Review 2014-09-15



Summary

Community Development Block Grant/Economic Development Infrastructure Financing (CDBG/EDIF) provides public infrastructure financing to help communities grow jobs, enable new business startups and expansions for existing businesses.

State programs help achieve the national objective of CDBG by funding projects in which at least 51 percent of the new jobs created are made available to low and moderate income individuals. The maximum amounts awarded under the program are $1 million for new businesses locating to the state and $500,000 for existing businesses expanding in the state.




      
     
     


















References