Montana Community

Eligible Projects


Job Creation/Retention: The CDBG-ED Program is designed to stimulate economic development activity by assisting the private sector to create or retain jobs for low and moderate-income persons primarily through loans to businesses. The program is designed to assist businesses by making fixed-rate financing available to them at reasonable interest rates, given the risk of the project, and to provide public improvements in support of economic development activities.

Customized Employee Training: Employee training is a stand-alone project activity for new and expanding businesses creating additional jobs. The intent is to assist businesses in providing needed skills and better paying jobs for their workers. 

Public Service: Funds may be distributed to qualified community colleges that provide job training targeted to developing specific employee skills needed by an aggregate of companies.

EDA: MDOC has a separate pool of funds originating from the U.S. Economic Development Administration. The CDBG-EDA Program is designed to stimulate economic development activity by assisting the private sector to create or retain jobs for low and moderate-income persons primarily through loans to businesses. The program rules and regulations are based on the CDBG-ED program with a few minor changes. 


COMMUNITY DEVELOPMENT DIVISION | MONTANA DEPARTMENT OF COMMERCE
301 S PARK AVENUE | PO BOX 200523 | HELENA, MT 59620-0523 | P: (406) 841-2770 | F: (406) 841-2771 | TDD: (406) 841-2702