Available Funds/Grant Size

Available Funds/Grant Size. The State will set aside $12,600,000 to provide funding for eligible CDBG economic development activities. A maximum grant size of $650,000 and a minimum of $100,000 will apply to all applicants. Projects associated with creating 250 or more jobs may be eligible to receive a maximum of $1,000,000. There will be no increase of grant size for joint applicants. Upon receipt of written justification, MDA reserves the right to adjust the maximum grant size, local match requirement, job creation goals, and cost per job with economic development projects on a case-by-case basis. The maximum amount of Administrative funds for the Economic Development grant category shall be $40,000 including application preparation. Application preparation fee will be limited to $5,000 per project.