Current grant, loan and other opportunities at Commerce

construction project
Grants and Loans

Until Fund Exhausted: Economic Opportunity Grants

Applications are being accepted for 2019 CDBG Economic Opportunity Grants. Commerce is looking for rural projects from small cities, towns and counties that strongly support local economic development strategies, benefit low- and moderate-income persons and are ready to proceed. Applications will be accepted until funds are exhausted.

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Planning using sticky notes with a partner
Grants and Loans

Ongoing – CERB Planning Program

CERB provides limited grant funding for studies to evaluate high-priority economic development projects, and rural broadband projects. When considering planning grants, the Board gives priority to projects that could result in a type of project eligible for CERB construction funds.

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Planning for a future infrastructure project
Grants and Loans

Ongoing – Prospective Development Program

Local governments and federally-recognized Indian tribes in rural counties and rural communities may apply for the Prospective Development (PD) program if an economic feasibility study has been conducted and demonstrates that private business development is likely to occur as a result of the public improvements.

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Grants and Loans

Ongoing – Brownfields Revolving Loan Fund

This program provides low interest loans and limited grants to local governments, non-profits, tribes, ports, and private businesses undertaking clean-up and redevelopment of brownfield properties that are idle, underutilized or abandoned as a result of contamination.  Typical Brownfields loans range around $500,000 or more, pending funding availability.

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Additional information

All grants and loans

 Community Facilities
 Community Services / Crime Victims
 Energy
 Housing / Homelessness
 Planning and Infrastructure
  Small Business Assistance