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Community Development Block Grant Business Loan is sponsored by Colorado Office of Economic Development and International Trade (OEDIT) / U.S. Department of Housing and Urban Development (HUD). This program, funded by HUD and administered by OEDIT, provides loans and loan guarantees to businesses in rural areas of Colorado for economic development and job creation.
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4. Community Development Block Grant Business Loan Each year, the U.S. Department of Housing and Urban Development (HUD) provides Colorado with funding through the State Community Development Block Grant (CDBG) program for community and economic growth. One-third of these funds are allocated specifically for Economic Development, which are used to aid the State’s Business Loan Funds.
These funds are distributed across 12 Regional Business Loan Funds dedicated to job creation and retention throughout rural Colorado. Each Loan Fund is led locally with their own Business Loan Fund Manager, local loan review committee and local board of directors. The Community Development Block Grant Business loan aids businesses in rural areas by providing loans and loan guarantees.
A business must create or retain one job for each $35,000 received in CDBG loan funds, filling at least 51% of the jobs created and/or retained with low-to-moderate income individuals. To qualify for a Microenterprise Loan, a business must have five or fewer employees, including ownership, and all owner(s) must qualify as low-to-moderate income persons. These loans are available up to $100,000.
All loans are available at the discretion of the regional Business Loan Fund Managers. To inquire, please contact the Business Loan Fund Manager located within your region. Contact your Regional Business Loan Fund Manager(opens in new window).
According to the current listing, eligibility includes: For-profit businesses in rural areas of Colorado. Must create or retain one job for each $35,000 received, with at least 51% of jobs for low-to-moderate income individuals. Confirm the full requirements in the official notice before applying.
The current listing shows unspecified for business loans; Microenterprise loans available up to $100,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Community Development Block Grant Business Loan is funded by Colorado Office of Economic Development and International Trade (OEDIT) / U.S. Department of Housing and Urban Development (HUD). Verify program details on the funder's official page before applying.
This opportunity targets applicants in Colorado. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
The Homeless Youth Program is a grant from the Illinois Department of Human Services that funds services for homeless and at-risk youth across Illinois. Administered through the Office of Community and Positive Youth Development, it supports nonprofit organizations delivering shelter, outreach, and support services to young people experiencing homelessness or housing instability. Eligible applicants are Illinois-based nonprofits with demonstrated capacity to serve youth. Awards range from $100,000 to $800,000 per year under CSFA number 444-80-0711. This is a FY 2026 funding opportunity with an application deadline of May 21, 2025.
Community Investment Tax Credit Program (CITC) is a grant from the Maryland Department of Housing and Community Development that provides state tax credit allocations to 501(c)(3) nonprofits, enabling them to attract private donations from individuals and businesses. Donors contributing $500 or more to approved projects receive tax credits equal to 50% of their contribution. The program has leveraged nearly $27 million in charitable contributions to approximately 700 projects statewide. Eligible project areas include education, housing, job training, arts and culture, economic development, and services for at-risk populations. Projects must be located in or serve residents of Maryland's Priority Funding Areas. The application period is typically held annually.
The Families First Community Grant Program is a competitive grant initiative from the Tennessee Department of Human Services (TDHS) offering approximately $27 million in funding to support nonprofit organizations serving low-income Tennessee families. Grants fund programs across four priority areas: education, health, economic stability, and family well-being, aligned with TANF goals of promoting self-sufficiency. Eligible applicants are 501(c)(3) nonprofits based in Tennessee that provide direct services to economically disadvantaged families. The 2025 application cycle closed July 10, 2025. This program reflects Tennessee's broader commitment to strengthening communities through strategic investment in local organizations that address the root causes of poverty.
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