NH Community Development Block Grant (CDBG): Economic Development Grants

NH Community Development Block Grant (CDBG): Economic Development Grants

Status: ACTIVE
Funder: New Hampshire Community Development Finance Authority
Amount: Up to US $500,000
Last Updated: March 22, 2026

Summary

The NH Community Development Block Grant (CDBG) program provides essential funding for economic development projects in New Hampshire. Aimed at enhancing communities, it supports initiatives such as public facilities improvements, affordable housing, job creation, and microenterprise development. These grants empower low and moderate-income individuals by financing infrastructure, training, and entrepreneurial support, fostering sustainable growth and revitalization in eligible municipalities.

Overview

NOTE: On a rolling basis, until all funds are obligated. NH Community Development Block Grant (CDBG): Economic Development Grants Public Facilities GrantsHelp finance water and sewer system improvements, transitional and homeless shelters, municipal infrastructure, handicapped access, and neighborhood or community centers that provide public services to low- and moderate-income people.Housing GrantsSupport affordable housing and housing rehabilitation efforts that benefit low- and moderate-income homeowners and tenants.Economic Development Grants and LoansCreate jobs in your community that provide good wages, benefits, and training programs. Funds can also be used for acquisition of land and buildings, construction of commercial buildings, purchase of machinery and equipment, employee training, and public facilities improvements.Microenterprise GrantsThe Microenterprise Program helps foster economic development by supporting organizations that provide a full range of entrepreneurial training and technical assistance services to low- and moderate-income micro-business owners and start-ups (those with fewer than five employees).Planning GrantsUp to $25,000 to support planning and feasibility related activities to determine whether a proposed project is viable. Municipalities can apply for funding to conduct activities like income surveys, preliminary architectural and engineering design, cost estimates and market analysis.

Eligibility

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