Community Development Block Grant - Economic Development

Administered by Oklahoma Department of Commerce · Oklahoma

BENEFIT

Up to $1M

Deadline type: annual

Eligibility Requirements

1Infrastructure financing for new business locations or expansions
2Companies must pay at least 110% of average county wage
3At least 51% of new jobs available to low- and moderate-income persons

Eligible Project Types

CommercialIndustrial

STACKING POTENTIAL

Community Development Block Grant - Economic Development is stackable — it can be combined with other federal, state, and local programs on the same project. Michigan and Ohio projects commonly stack this program with Federal Historic Tax Credit, New Markets Tax Credit, and Opportunity Zone deferral to maximize total incentive value. Use GrantRadar to see your full stack.

AFTER YOU WIN

View the Community Development Block Grant - Economic Development compliance checklist →

Reporting deadlines, vendor rules, and the disallowed-cost pitfalls that trigger clawbacks.

Source: Oklahoma Department of Commerce official program page ↗ · Last verified 2026-06-23

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STACKABLE WITH

Michigan Community Revitalization Program

Up to $10M · Direct Grant

Michigan Historic Preservation Tax Credit

25% credit · Tax Credit

Michigan Brownfield TIF

Negotiated / contact agency · Tax Increment Financing

Michigan Business Development Program

Up to $10M · Direct Grant

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