The Community Development Commission recently introduced a $5 million grant opportunity part of a larger $15.9 million funding initiative to combat displacement and enhance economic mobility near the Project Connect transit corridors in Austin. This final funding round encourages applications from nonprofit organizations within one mile of the transit lines, focusing on long-term economic resilience through programs like workforce development and income stabilization. At least three organizations are expected to be funded, with technical assistance available to ensure effective proposal alignment with program goals.
Housing Department staff explained that the current $5 million solicitation is the final portion of a $15.9 million allocation for fiscal years three through five of the Community Initiated Solutions (CIS) program.
Funding awards will range from $500,000 to $2 million, with at least three organizations expected to receive support.
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