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Find similar grantsNational Capital Strategic Economic Development Fund is sponsored by Maryland Department of Housing and Community Development (DHCD). This fund supports revitalization in targeted areas of Prince George's and Montgomery counties.
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National Capital Strategic Economic Development Fund Accessibility Information We are launching a new website! Our redesigned site is scheduled to launch soon to provide a better user experience. Please remember to update your bookmarks once the new site goes live.
National Capital Strategic Economic Development Fund The National Capital Strategic Economic Development Fund (NED) provides competitive funds in support of commercial and residential activities in areas targeted for revitalization. The program attempts to focus on areas where modest investment and a coordinated strategy will have an appreciable neighborhood revitalization impact.
Eligible applicants include local governments and community development organizations. Funds from the NED Program should support the goals and objectives outlined in a targeted area’s Sustainable Communities Action Plan, including commercial and residential development projects.
Examples of eligible commercial and residential development projects are: Down payment assistance for homebuyers to purchase and rehabilitate homes Programs to acquire or rehabilitate vacant or dilapidated properties Programs to improve existing residential and business properties Programs to achieve energy efficiency through weatherization and energy retrofits Development of affordable housing Development of mixed–use projects that combine housing, retail, and office space Development or enhancement of community open space or public infrastructure Eligible Project Locations NED projects should be in Sustainable Communities located: Prince George’s County , at least in part, within the boundary created by Interstate 495 in the State and the District of Columbia; OR Montgomery County , within an Enterprise Zone or the boundary created by: Interstate 495 to the Maryland state line; and The District of Columbia.
To view your jurisdiction’s NED boundary use the Neighborhood Revitalization Mapper . If you have questions regarding whether a specific address is eligible to apply for the NED Program, contact your Regional Project Manager . For more information and how to apply, visit State Revitalization Programs webpage.
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According to the current listing, eligibility includes: Not explicitly detailed, but generally targets local governments, Community Development Corporations, higher education institutions, and hospitals working on community revitalization. Confirm the full requirements in the official notice before applying.
The current listing shows $8.6 million capital, $200,000 operating available through competitive process. Verify award ceilings, matching requirements, and allowable costs in the official notice.
National Capital Strategic Economic Development Fund is funded by Maryland Department of Housing and Community Development (DHCD). Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
Small Business Direct Loans (Maryland) is sponsored by Maryland Department of Housing and Community Development (DHCD). This loan program provides flexible financing to small businesses and nonprofits located in locally designated neighborhood revitalization areas throughout Maryland. It aims to empower small businesses and real estate development projects with demonstrated community value and need, with preferences for projects that rehabilitate blighted properties, create new housing, expand healthy food access, preserve childcare, or demonstrate clear community need.
Homeowner Assistance Fund (HAF) WholeHome Critical Home Repairs Grant is sponsored by Maryland Department of Housing and Community Development (DHCD). This program provides grants to eligible Maryland homeowners to cover critical home repairs that could prevent displacement. It is part of the broader Homeowner Assistance Fund, which supports homeowners facing financial hardship due to the COVID-19 pandemic.
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