Community Development Block Grant (CDBG) – Economic Development
Community Development Block Grant (CDBG) – Economic Development supports Nebraska communities with business loans and infrastructure construction to expand economic opportunities and benefit low-income people.
Funder: Nebraska Department of Economic Development
Due Dates: July 1, 2026 (Application period opens) | June 30, 2027 (Application period ends)
Funding Amounts: Community match required; projects must be completed within 30 months of award
Summary: Supports business loans and infrastructure construction for economic development in eligible Nebraska communities.
Key Information: Applicants must be Nebraska counties or incorporated municipalities outside Lincoln, Omaha, Bellevue, and Grand Island.
Description
The Nebraska Department of Economic Development (DED) administers Community Development Block Grant (CDBG) Economic Development funding for loans to businesses and infrastructure construction undertaken for economic development purposes. Eligible local governments apply to DED for projects that expand economic opportunities, including infrastructure benefiting businesses that create jobs.
Funding comes from the U.S. Department of Housing and Urban Development (HUD), which supports the state CDBG program annually. The broader program encourages additional federal, state, and private investment while promoting viable communities, suitable living environments, and benefits principally for low- and moderate-income people. Every funded project must address a CDBG national objective: benefiting low- and moderate-income persons, preventing or eliminating slums or blight, or addressing urgent community needs.
