econ2econ3econ4Economic Development

Job Creation & Retention

One of the major areas of funding activity for CDBG money is economic development, particularly job creation and retention for New Bedford’s low-and-moderate income workers. The New Bedford Economic Development Council, Inc. is the primary economic development entity for the City of New Bedford. Through the CDBG program, the OHCD supports NBEDC’s operations and loan programs to foster job creation and retention.

Storefront Improvement

Through the OHCD’s Storefront Reimbursement Grant program, CDBG funds are also used for commercial facade improvement and beautification in eligible census tracts throughout the city. Click here for more information about our Storefront Reimbursement Program.