The mission of CDFA (Community Development Finance Authority) in administering the State of New Hampshire's annual federal allocation of Community Development Block Grant funds is to support the development of viable communities through the improvement of economic opportunities and community revitalization, particularly for persons of low and moderate income. It aims to directly award resources to cities, towns, and counties in New Hampshire to fulfill these objectives.
The NH Community Development Block Grant (CDBG): Housing and Public Facilities Grants program focuses on enhancing economic opportunities and addressing community revitalization needs for low and moderate-income individuals. This program, funded through the U.S. Department of Housing and Urban Development, supports projects in areas such as planning and transformative planning, with specific grants dedicated to studies and initiatives aiming at significant community improvements in childcare, broadband, housing rehabilitation/neighborhood revitalization, among others. Planning grants can go up to $25,000 for various studies, while transformative planning grants can award up to $100,000 for priority projects. There is flexibility in the number of planning grants awarded annually, with a maximum of three transformative planning grants funded each year.