Integrated Economic Development & Place-Based Grant Programs in Massachusetts (USA)
GrantID: 15788
Grant Funding Amount Low: Open
Deadline: Ongoing
Grant Amount High: Open
Summary
There's an opportunity offering funding in a U.S. state for community and economic development. It supports projects within specific regions of the state, focused on revitalizing places, encouraging business growth, and aiding small local nonprofits or micro‑businesses. While individuals may not typically apply directly, organizations such as nonprofits, small businesses, local development groups, municipalities, and developers are eligible depending on the type of activity proposed.
The funding aims to support a variety of efforts: preparing sites for new projects, rehabilitating vacant or underused buildings, enabling creative or cultural activations, and strengthening small business services—including technical assistance and access to capital. One stream provides matching grants to very small businesses—those with fewer than 20 employees and low annual revenues—for facility improvements, equipment, leases, or expansions. These match grants can be up to around $50,000, provided the applicant provides a portion of the funding themselves.
Another stream provides support to nonprofit intermediaries—community lenders or organizations that deliver training, coaching, financing help, or business skills workshops to very small businesses across the state. Grants in this category in recent rounds have ranged from roughly $25,000 up to around $150,000 per nonprofit organization, supporting capacity to serve underserved communities.
Additional funding opportunities are available for real estate or redevelopment projects. These awards typically range from tens of thousands into the high hundreds of thousands, depending on the readiness and scale of the project—some larger revitalization grants may approach $1 million. The intent is to encourage economic impact, eliminate blight, increase housing or business space, and support inclusive development.
Programs generally operate on an annual cycle through a coordinated application portal. Applicants submit a proposal, often need to express interest early in the cycle, then submit full materials in a spring-to-early-summer window. Awards support projects that can move forward relatively quickly, typically within a year. The funds are meant to catalyze development, strengthen main street businesses, and support revitalization efforts across eligible communities.
This grant may be available to individuals and organizations in Massachusetts that are actively involved in Housing. To locate more funding opportunities in your field, visit The Grant Portal and search by interest area using the Search Grant tool.
Eligible Regions
Interests
Eligible Requirements
