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1. www.texasagriculture.gov › Grants-Services › GrantsTxCDBG Community Development Fund - Texas Agriculture

   www.texasagriculture.gov › Grants-Services › Grants

   The Community Development fund is the largest fund category in the TxCDBG program. This fund is available on a biennial basis for funding through a competition in each of the 24 state planning regions.

2. ssir.org › entry › cdfi-rural-economic-developmentHow CDFIs Can Transform Rural Economies: Lessons From East Texas

   ssir.org › entry › cdfi-rural-economic-development

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   3 days ago · The results to date have surpassed expectations and directly refute common misperceptions of rural as a synonym for stagnation. Since first opening the doors of their new offices in 2022, Communities Unlimited and PeopleFund have collectively made 47 loans to deploy more than $1.8 million across 13 counties in East Texas stretching from the Texas-Arkansas border to the Gulf Coast.

3. texasedc.org › assets › resourcesGUIDE BOOK DEVELOPMENT LOCAL ECONOMIC - texasedc.org

   texasedc.org › assets › resources

   Page 1. Section 1. The ABCs and 123s of Local Economic Development................................................................. What is a Texas economic development corporation (EDC)?................................................. Why form an economic development corporation?....................................................................

4. www.capcog.org › services › funding-grantsTexas CDBG Funding - Capital Area Council of Governments (CAPCOG)

   www.capcog.org › services › funding-grants

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   The Community Development Fund is the largest fund category in the TxCDBG Program. These funds are available on a biennial basis through a competition in each of the 24 state planning regions.

5. texasedc.org › assets › resourcesTexas Community Development Block Grant Program

   texasedc.org › assets › resources

   The goal of the Texas Community Development Block Grant (TxCDBG) Program is to develop viable communities by providing decent housing and a suitable living environment, as well as by expanding economic opportunities, principally for persons of low-to-moderate income.

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7. localinvesting.org › steps-to-create-a-communitySteps to Create a Community Investment Fund - Local Investing

   localinvesting.org › steps-to-create-a-community

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   What are the appropriate geographic boundaries for your community investment fund? How local do you want your local fund to be? Define an area that fits well with your envisioned market of investors and businesses. Investing in just your town may not be at a large enough scale to facilitate the fund’s financial success.

8. www.texasagriculture.gov › Portals › 0Texas Community Development Fund - Texas Agriculture

   www.texasagriculture.gov › Portals › 0

   TxCDBG Goals and Requirements. The goal of the Texas Community Development Block Grant (TxCDBG) Program is to develop viable communities by providing decent housing and a suitable living environment, as well as by expanding economic opportunities, principally for persons of low-to-moderate income.

9. People also ask

   What is the Texas Economic Development Corporation (TEDC)?

   • The TEDC’s objective is to support the economic growth of Texas and develop strategies that promote a positive business climate in our state. The Development Corporation Act of 1979 established economic development as a public purpose and allowed cities to create non-profit corporations to support economic development efforts.

   LOCAL ECONOMIC DEVELOPMENT GUIDE BOOK - texasedc.org

   texasedc.org/assets/resources/GuideBook/tedc-guide-book-2nd-edition-with-links.pdf

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   How much money does Texas receive from economic development projects?

   • The State of Texas as a whole receives approximately $7.1 billion per year from these economic development projects, and local communities are receiving an additional $4.9 billion in economic activity per year. For each $1 of sales tax collected and utilized for EDC projects, the return to the communities of the state is just over $82.00.

   LOCAL ECONOMIC DEVELOPMENT GUIDE BOOK - texasedc.org

   texasedc.org/assets/resources/GuideBook/tedc-guide-book-2nd-edition-with-links.pdf

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   How do I create a community investment fund?

   • No single formula exists for creating a community investment fund. But in this section, we’ll walk you through the important questions that will inform your decision-making and guide you through the process of setting up a fund. The critical areas for setting up your fund follow these three questions: Who’s on your team?

   Steps to Create a Community Investment Fund - Local Investing

   localinvesting.org/steps-to-create-a-community-investment-fund/

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   Should you invest in a community investment fund?

   • A community investment fund may want to take on enough risk to serve businesses that cannot access more mainstream sources of capital, but not so much risk that business failures wipe out the fund. Balancing investor risk with the community’s values is not easy.

   Steps to Create a Community Investment Fund - Local Investing

   localinvesting.org/steps-to-create-a-community-investment-fund/

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   Should a community investment fund be a pipeline issue?

   • A common response from traditional funding sources when presented with the proposition of a community investment fund is: “There’s already plenty of money in (your region’s name here), we just need better businesses to lend to.” To which we say: it’s not a pipeline issue, it’s an access to capital issue!

   Steps to Create a Community Investment Fund - Local Investing

   localinvesting.org/steps-to-create-a-community-investment-fund/

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   What laws govern County development districts in Texas?

   • The number and qualifications for board of directors, requirements for the bylaws, and formation and election information for County Development Districts is governed by Texas Local Government Code § 383.021-.040.

   LOCAL ECONOMIC DEVELOPMENT GUIDE BOOK - texasedc.org

   texasedc.org/assets/resources/GuideBook/tedc-guide-book-2nd-edition-with-links.pdf

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