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CDBG Economic Development Toolkit 

Date Published: August 2011

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Description

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.

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Tags: CDBG Entitlement Program CDBG HUD Administered Non-Entitled Counties in Hawaii Program CDBG Insular Areas Program CDBG Program Colonias Set-Aside CDBG State Program Section 108 Loan Guarantee Program
Author Organization
  • HUD
Resource Approver
  • HUD Approved