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20242025 CBG APPLICATION HANDBOOK1THIS PAGE INTENTIONALLY LEFT BLANK2PROGRAM SUMMARY PROGRAM:Community Development Block Grant ProgramFEDERAL RESOURCE:U.S. Department of Housing & Urban DevelopmentSTATE
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What is block grant economic development?
Block grant economic development refers to funds provided by the federal government to state or local governments to support various economic development initiatives, such as infrastructure improvements, job creation, and community development projects.
Who is required to file block grant economic development?
State and local governments that receive block grants must file reports to document how the funds are utilized for economic development purposes.
How to fill out block grant economic development?
To fill out block grant economic development forms, recipients must provide detailed information about the proposed projects, budget, eligibility criteria, and expected outcomes, following the guidelines set by the federal agency administering the grant.
What is the purpose of block grant economic development?
The purpose of block grant economic development is to provide flexible funding that local and state governments can use to promote economic growth, alleviate poverty, and enhance community infrastructure.
What information must be reported on block grant economic development?
Recipients must report on the allocation and expenditure of funds, the progress of funded projects, measurable outcomes, and compliance with grant requirements.
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