Charleston, SC [March 24, 2022] – The South Carolina Association for Community Economic Development (SCACED) recently assisted eleven (11) community development organizations in applying for and receiving a total of $975,000 in the 2021 round of Community Economic Development (CED) Fund grants from the South Carolina Department of Commerce. This year's grants were made available from the $2 million allocated to the CED Fund last year by the SC General Assembly.
Established by the Community Economic Development Act of 2000, the purpose of this grant program is to support certified CDC and CDFI sponsored projects in the State of South Carolina that creates small and micro businesses, build and preserve affordable housing, develops commercial opportunities in underserved/rural communities and creates jobs for low-to-moderate income persons. The complete list of 2021 grantees are listed below.
• Metanoia; North Charleston
• Anderson Interfaith Ministries; Anderson
• Increasing HOPE; Charleston
• Habitat for Humanity of Greenville County; Greenville
• Homes of Hope; Greenville
• Santee-Lynches Affordable Housing & CDC; Sumter County
• Carolina Human Reinvestment; Georgetown
• Allendale Count ALIVE; Allendale
• CommunityWorks; Greenville
• Southeastern Housing and Community Development; Bamberg
In January 2022 SCACED convened the CED Grant Review Committee to assess the merit of each application and provide funding recommendations. The three-member Committee was composed of a representative from the SC Department of Commerce, private sector, and non-profit sector. After careful review, SCACED, on behalf of the CED Grant Review Committee, submitted funding recommendations for the eleven grantees to be considered for final approval by The Honorable Secretary of Commerce Harry Lightsey of the South Carolina Department of Commerce.
“SCACED is proud to assist these community development groups fund impactful projects in their respective communities,” said SCACED program associate Amber Stewart. “We are grateful that the SC General Assembly supported and funded the CED Fund to ensure South Carolinians have an opportunity to have a safe, affordable place to live, access to entrepreneurial resources, and workforce development opportunities as the state continues to economically recover and grow post pandemic.”
About SCACED (www.scaced.org)
SCACED is a coalition of over 150 individuals and organizations who support the development of healthy and economically sustainable communities throughout South Carolina. For over 25 years, SCACED and its members have worked collaboratively to build wealth and create economic opportunity for all SC residents including a focus on minority communities and other groups who have been left out of the economic mainstream.
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