- Guides and Training Manuals
Date Published: August 2011
This Toolkit provides guidance on the effective use of Community Development Block Grant (CDBG) funds for financing eligible economic development projects, including microenterprise and small business development, large-scale commercial and industrial development, and job creation, job retention, and job training activities.
It discusses the basics of financial underwriting and application of HUD’s public benefit standards. It explores a variety of economic development financing methods, including Section 108 Loan Guarantee Program financing, with regard to the application and approval process, collateral and debt coverage requirements, and companion grant programs.