Each year, the Administration for Children and Families (ACF) Office of Community Services (OCS) awards
Community Economic Development (CED) grants that create jobs, spark business
growth, and drive economic transformation in communities facing persistent
poverty and high unemployment.
Jobs created with CED funds provide living wages, paid leave, fringe benefits, and opportunities for career growth. In addition, employees are also connected to critical support services to remove barriers to long-term employment and economic mobility. And 75% of all of the jobs created with CED funds are filled by individuals with low income.
CED provides funding to private, non-profit CDCs, including faith-based organizations and Tribal and Alaskan Native organizations. For every $1 of CED funding that is used on a project, more than $6 from other sources is invested back into low-income communities.
As of FY 2024, active CED grant recipients have created 3,621 jobs and 531 businesses, and these numbers continue to rise!
Watch the video below to see CED’s impact in action and spread the word!
Jobs created with CED funds provide living wages, paid leave, fringe benefits, and opportunities for career growth. In addition, employees are also connected to critical support services to remove barriers to long-term employment and economic mobility. And 75% of all of the jobs created with CED funds are filled by individuals with low income.
CED provides funding to private, non-profit CDCs, including faith-based organizations and Tribal and Alaskan Native organizations. For every $1 of CED funding that is used on a project, more than $6 from other sources is invested back into low-income communities.
As of FY 2024, active CED grant recipients have created 3,621 jobs and 531 businesses, and these numbers continue to rise!
Watch the video below to see CED’s impact in action and spread the word!