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New Historically Black Colleges and Universities Economic Development Profiles Tool

November 03, 2022 Print ShareThis

The Economic Development Cluster of the Federal Historically Black Colleges and Universities (HBCU) Interagency Working Group launched the HBCU Economic Development Profiles Tool. This tool can provide insight into how universities and colleges can work with regional economic development ecosystems to successfully serve as a means to engage community leaders, leverage the involvement of the private sector, and establish a strategic blueprint for regional collaboration.

The Economic Development Cluster’s federal partners provide a broad overview of how HBCUs can engage in their regions as a participant in the economic development ecosystem. This includes leveraging HBCUs economic assets in the local cluster and the regional comprehensive economic development strategies with local economic development organizations. HBCU assets are critical for equitable regional development.

The Economic Development Cluster is supported by a collaboration between the U.S. Department of Housing and Urban Development, Federal Deposit Insurance Corporation, U.S. Department of Commerce, U.S. Department of Energy, U.S. Department of Agriculture, and the U.S. Department of Treasury.

View the HBCU Economic Development Profiles Tool

More Information about the Economic Development Cluster

The Economic Development Cluster promotes the economic actions of HBCUs and their environments by sharing information regarding funding opportunities and building capacity to access federal resources and engage in market based public private partnerships.

To learn more about the Economic Development Cluster, visit the Federal HBCU Interagency Working Group page on

More Information about the Rural Gateway

The Rural Gateway provides technical assistance, training, peer learning, and resource sharing to support rural housing and economic development.

For more information, contact HUD’s Office of Rural Housing and Economic Development at 1-877-787-2526 or

Tags: RHED