How much funding does CDC Capacity Fund provide?

Funding amounts vary. Check the grant details for specifics.

When is the deadline for CDC Capacity Fund?

This grant has a rolling deadline or the deadline has not been announced.

CDC Capacity Fund

COMMUNITY LIFT CORP

Foundation Annual Community Development Grants Capacity Building Grants

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Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

foundation

Overview

CDC Capacity Fund

Overview: The CDC Capacity Fund grant was established to address the severe underfunding of the local CDC sector and to help build organizational and operational capacity. This is the city's only dedicated source of funding solely for CDCs.

Vision: Ensure a robust, effective network of CDCs that are capable of serving as quarterback agencies for scaled revitalization efforts that significantly enhance the quality of life in Memphis' distressed neighborhoods, thus serving as catalysts for equitable economic growth and advancement.

Background: Developed after comprehensive research and with support from a 13-person advisory committee composed of Community LIFT's community partners and local foundations, philanthropy, financial institutions, and CDCs. The State of the Memphis CDC Industry report revealed that the local CDC sector is severely underfunded and operating with limited capacity.

Geographic Scope: Memphis, Tennessee

Eligibility:

Exclusively for CDCs (Community Development Corporations)

Other community-based organizations are ineligible to apply

CDC Definition: nonprofit, community-based organizations focused on community engagement and physical and economic revitalization of low-income, underserved neighborhoods that have experienced significant disinvestment

CDCs typically focus on one or more of: housing development, economic development (job training, commercial development, small business assistance), neighborhood planning, infrastructure, and community facilities development

If unsure about eligibility, contact: Michael Cowan, Grants & Programs at (901) 521-4232 or michael@communitylift.org before beginning an application

Focus: Building organizational/operational capacity (distinct from the Strategic Investment Fund which supports specific projects)

Contact Information:

Community LIFT Corp

1863 Madison Avenue, Memphis, TN 38104

Phone: (901) 521-4232

Michael Cowan, Grants & Programs: michael@communitylift.org

Website: communitylift.org