Apply Now for Philadelphia Economic Development Grant

The City of Philadelphia has opened its next round of funding for the Neighborhood Economic Development Grant. Applications are due by Thursday, March 19, at 5 p.m.

According to a news release, the Neighborhood Economic Development Grant offers funding to nonprofit organizations, including community development corporations, to support economic opportunities and neighborhood revitalization. Eligible projects can receive between $50,000 and $500,000 to fund commercial space for businesses serving low- and moderate-income residents across four categories: planning, pre-development, development, and acquisition.

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