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Find similar grantsCommunity Economic Development (CED) Fund is sponsored by South Carolina Association for Community Economic Development (SCACED). This grant program supports certified community development corporations (CDC) and community development financial institution (CDFI) sponsored projects in South Carolina.
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CED Fund | SCACED | SCACED Community Economic Development (CED) Fund The CED grant program was created by the SC General Assembly in 2000 (through the SC Community Economic Development Act) to support certified community development corporation (CDC) and community development financial institution (CDFI) sponsored projects in the state of South Carolina.
Qualifying projects and activities are designed to enhance the economic opportunities of underserved and rural communities, this may include small business development, workforce training, commercial retail, historic preservation, financial empowerment, neighborhood revitalization, or affordable housing.
In 2000, the South Carolina General Assembly passed the South Carolina Community Economic Development Act authorizing funding for the Community Economic Development (CED) Fund for state certified community development corporations (CDCs) and community development financial institutions (CDFIs).
The purpose of the appropriation is to support CDCs and CDFIs whose primary function is to develop projects and activities that enhance economic opportunities and wealth creation in the economically challenged communities through community economic development (CED).
CED includes efforts to enable low-to-moderate income persons to become small businesses owners, homeowners, and secure jobs through the development of small businesses, jobs, affordable housing, and economic development in the community. In the 2021-2022 and 2022-2023 state budget, the General Assembly appropriated a total of $4 million for the CED Fund. In 2021, $975,000 was granted to 11 certified CDCs and CDFIs.
At the beginning of 2023 the next competitive grant round for the CED Fund opened, and in May 2023, fourteen state certified CDCs and CDFIs were awarded a total of $2. 7 million. Grants size ranged from $50,000 to $300,000.
Learn more about CDCs and CDFIs. Learn more about the SC Commerce Certification Program.
2022 - 2023 CED Fund impact Anderson Interfaith Ministries Habitat for Humanity of Greenville County Nehemiah Community Revitalization Corporation Nehemiah Community Revitalization Corporation Santee-Lynches Affordable Housing & CDC SC UpLift Community Outreach Soteria Community Development Corporation Southeastern Housing and Community Development Preserving History, Building Futures: Metanoia's Golden Dream Townhomes in Liberty Hill Building Stronger Futures: How Anderson Interfaith Ministries (AIM) leverages the South Carolina Community Economic Development Fund
Based on current listing details, eligibility includes: State-certified community development corporations (CDCs) and community development financial institutions (CDFIs) in South Carolina only. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates $50,000 - $300,000 Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.