How much funding does Community Economic Development (CED) Fund provide?

Community Economic Development (CED) Fund provides $50,000 - $300,000 in funding.

When is the deadline for Community Economic Development (CED) Fund?

The funder has not published a deadline for this grant.

Community Economic Development (CED) Fund

South Carolina Association for Community Economic Development

Foundation Community Development Grants Small Business Grants Workforce Development Grants Affordable Housing Grants

Funding Amount

$50,000 - $300,000

Deadline

Deadline not published

Grant Type

Foundation

Can we apply?

Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.

Other requirements

State certified community development corporations (CDCs)
Community development financial institutions (CDFIs)
Qualifying projects and activities include:
Small business development

Overview

Program Created: 2000 (SC General Assembly via SC Community Economic Development Act)

Overview:
The CED grant program supports certified community development corporations (CDCs) and community development financial institutions (CDFIs) sponsored projects in South Carolina. The program enhances economic opportunities of underserved and rural communities through various development activities.

Geographic Scope: South Carolina

Eligible Applicants:

State certified community development corporations (CDCs)
Community development financial institutions (CDFIs)

Eligible Project Types:
Qualifying projects and activities include:

Small business development
Workforce training
Commercial retail development
Historic preservation
Financial empowerment
Neighborhood revitalization
Affordable housing
Job creation
Community economic development

Focus:
Projects designed to enhance economic opportunities and wealth creation in economically challenged communities, enabling low-to-moderate income persons to become:

Small business owners
Homeowners
Secure employment

Funding History:

2021-2022 and 2022-2023 state budget: $4 million total appropriated
2021: $975,000 granted to 11 certified CDCs/CDFIs
2023 (May): $2.7 million awarded to 14 state certified CDCs/CDFIs
Award range: $50,000 to $300,000 per grant

2023 CED Fund Grantees (14 organizations):

Allendale County ALIVE
Anderson Interfaith Ministries
CommunityWorks
Greenville Housing Fund
Habitat for Humanity of Greenville County
Homes of Hope
Metanoia
Nehemiah Community Revitalization Corporation
Rebuild Upstate
Santee-Lynches Affordable Housing & CDC
SC Community Loan Fund
SC UpLift Community Outreach
Soteria Community Development Corporation
Southeastern Housing and Community Development

Current Status (as of 2025):
All funds from the most recent appropriation (end of 2023) have been granted out. SCACED is advocating for a $3 million appropriation in the current state budget to replenish the CED Fund.

What South Carolina Association for Community Economic Development actually gave

Source: IRS Form 990, 2024

Grants in 2024: 19
Total given: $436K
Median grant: $10K
Range: $7,500–$143K

By dollars: South Carolina 81%, California 16%, Pennsylvania 2%. Top recipient cities: North Charleston, SC; Street Greenville, SC; Columbia, SC.
0% of grants with a stated purpose were for general or operating support.
63% of recipients were new grantees, not repeat recipients.

Example grants

The Gullah Farmers Cooperative Association · Helena Island, SC

Fiscal Agent

$143K
Climb Fund · San Francisco, CA

Business Support

$71K
Increasing Hope · North Charleston, SC

Business Support

$58K
Lincoln Preservation and Historical Society · Circle Summerville, SC

Fiscal Agent

$24K
Homes of Hope · Street Greenville, SC

The Opportunity Center

$21K