Purpose

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A program may be established by this state to build local capacity of community-based organizations to address any or a combination of the following:

  1. Housing needs of people with low or moderate incomes, for home ownership and affordable rental housing, including housing development for the elderly and persons with a disability;
  2. Employment needs of people with low or moderate incomes including job placement with attendant support, small business and entrepreneurship development, and for-profit business development by nonprofit community-based development organizations;
  3. Social service program needs incorporated as a component of community economic development strategies; and
  4. Communications technology to build a network to exchange information and provide technical assistance in the field of community-based economic development.


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