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Economic Development Grant Programs

Posted by Su Lim on May 21, 2018
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The U.S. Department of Commerce’s Economic Development Administration has grant programs aimed at promoting economic growth in lower income communities. The grants are provided so that a real estate investor can create job opportunities in construction for qualified applicants in economically distressed areas. Eligible investors are required to match the grants provided by the EDA. In addition, the EDA will contribute other resources such as technical assistance to ensure the investment effectively helps the communities.

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