Community Development Block Grants Economic Development
The Missouri Department of Economic Development's Community Development Block Grants Economic Development program funds research-based downtown revitalization and industrial infrastructure projects to boost local economies.
Funder: Missouri Department of Economic Development
Due Dates: Rolling (until funds exhausted; applications reviewed monthly)
Funding Amounts: Up to $750,000 (Downtown Revitalization, $75,000 per building max) | Up to $2,000,000 (Industrial Infrastructure, $20,000/job max) | 20% local match required (Downtown), 1:1 capital match (Industrial)
Summary: Supports Missouri communities in revitalizing downtowns and building public infrastructure to spur job creation and economic growth.
Key Information: Open, year-round cycle—apply early as funding is limited and awarded until exhausted.
Description
The Community Development Block Grants Economic Development program, managed by the Missouri Department of Economic Development, funds projects that enhance local economies through downtown revitalization and public infrastructure improvements. The program supports two main categories:
- Downtown Revitalization: Targeted at renewing downtown areas, correcting code violations, and eliminating blight in commercial districts.
- Industrial Infrastructure: Focused on public infrastructure projects that enable private job creation, business expansion, and industrial growth.
Eligible projects must align with HUD’s national objectives, particularly addressing slum and blight (Downtown) or benefiting low-to-moderate income persons (Industrial).
