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.

Loans and grants for construction of public infrastructure necessary for private business expansion. The Committed Private Partner (CPP) Program requires a private business commitment as part of the application

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.

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.

This program will provide deferred loans up to $40,000 to rural, low-income households that need repairs and improvements on their primary residence for health, safety or durability. Homeowners earning up to 200 percent of the federal poverty level are eligible. Eligible improvements include rot removal, foundation/structural improvements, energy improvements, lead paint and asbestos work, improvements for handicapped persons, repair or replacement of major housing systems, emergency storm repairs, seismic retrofits