Best Community Development Grants in Arkansas

The Bank of America Charitable Foundation focuses on supporting organizations that empower communities through basic needs, income creation, and stable housing. By investing in health and job opportunities, they aim to enhance economic mobility for low- and moderate-income families. Their partnerships target vulnerable populations, ensuring equitable access to resources that foster community vitality and resilience. This initiative emphasizes the importance of stable housing as a foundation for personal and communal growth.

Investing in Our Communities

Regions Bank and Regions Foundation are committed to helping individuals, families, and businesses achieve financial success.

We work alongside nonprofit organizations, local businesses, government and service agencies to address social and economic issues, assist in building inclusive economic prosperity and help more members of our communities benefit from the rewards of a growing economy.

We make strategic and disciplined community investments in programs that seek to achieve three target outcomes:

Economic and Community Development

• Affordable housing
• Job creation
• Small business development
• Homebuyer education and retention
• Neighborhood revitalization and stabilization

Education and Workforce Readiness

• Student competency and skill building
• College and career readiness
• Educational access and success
• Credential building and employment
• Educator training and resources

Financial Wellness

• Financial education to youth, adults, and vulnerable populations
• Financial planning tools and resources, including Regions Next Step®
• Integrated asset-building

About Us

At AEDC, we know economic advancement doesn't happen by accident. We work strategically with businesses and communities to create strong economic opportunities, making Arkansas the natural choice for success.

Community Assistance Grant Program

The Arkansas Community Assistance Grant Program (CAGP) is intended to provide grant funds to cities, counties, and non-profit organizations of the State of Arkansas for eligible community and economic development projects and eligible non-profit organization projects. The amount of funding available to any one (1) project in any state fiscal year shall not exceed $1,500,000. The amount of the grant award shall be determined by AEDC based on eligibility criteria, availability of funding, and program demands, which may result in grant offers that are less than application requests. 

Is there a matching requirement?

The applicant must be able to match its grant award with cash, in-kind labor, in-kind materials, or in-kind land at a flexible 20% rate. The amount of matching funds/in-kind provided by the applicant will be taken into account in the application review process; a match is dependent on the project need and not all matches will be waived.

The value of all matching (including in-kind) must be documented by bank statements, official cost estimates for in-kind materials and labor, or official appraisals for land. Official cost estimates for in-kind materials and professional labor should document what the material or professional labor would cost if it were not being donated. Community labor being donated is equal to $18.04 per hour. Official appraisals for land may be in the form of an appraisal from a certified appraiser or a copy of the property assessment from the county clerk.

The Modernization Grant, offered by the Arkansas Department of Education, supports Career and Technical Education (CTE) pathways by funding 85% of equipment upgrades in established pathways. Schools must cover the remaining 15%. Eligible applicants include all school districts, with a limit of one application per district. This grant aims to enhance educational resources for high-wage, high-demand career pathways, ensuring students have access to modern equipment necessary for their training.

Congress created the Community Development Block Grant (CDBG) program in 1974 to benefit low- and moderate-income persons, prevent and eliminate conditions of slum or blight, and address other urgent community development needs. The Arkansas Economic Development Commission (AEDC) has administered the State CDBG program since 1983, when Housing and Urban Development (HUD) moved the administration of the funds to the states. In Arkansas, the CDBG program is also known as the Arkansas Community and Economic Development Program (ACEDP).

Each year, the AEDC holds public meetings and hearings across the state to obtain citizen input on community needs. Based on that input, the agency prepares a plan to prioritize and distribute the grant funds that are part of its federal CDBG allocation. A draft of the plan is published and made available for public comment.

The ADPHT Great Strides Program Grants aim to support Arkansas communities in creating smoke-free outdoor trails and recreational facilities. These no-match grants, administered by the Arkansas Department of Parks, Heritage, and Tourism, promote physical exercise and health. Funding is sourced from the state's Master Tobacco Settlement Award, reflecting a commitment to enhancing public health and outdoor access for all residents.

The ADPHT Matching Grants program aims to enhance Arkansas's outdoor recreation resources through advocacy and funded initiatives. This reimbursable matching grant supports communities in expanding local recreation opportunities. Administered by the Arkansas Department of Parks, Heritage, and Tourism, the program utilizes funds from the state Real Estate Transfer Tax to promote outdoor activities and improve recreational facilities.

James Avery Corporate Grants support 501(c)(3) organizations located within 50 miles of a James Avery retail or corporate location. The foundation prioritizes projects that enrich community life, focusing on arts, veteran services, and wellness. Grants typically range from $10,000 to $25,000, with applications accepted once per year. Organizations must demonstrate community impact, effective management, and provide necessary documentation for eligibility. Note that certain types of funding, such as for individuals or for-profit organizations, are excluded.

The James Avery Fundraising Support provides limited cash contributions, sponsorship of special events, and in-kind support to organizations enriching community life within 50 miles of a James Avery retail location. Eligible organizations must be 501(c)(3) certified and focus on arts, community improvement, veteran support, and wellness. Requests must be made at least 60 days prior to events, and organizations can receive support only once per year.

About NCRC

The National Community Reinvestment Coalition (NCRC) is a nationwide network of nearly 800 organizations and champions working for a Just Economy, where all Americans can build wealth and provide for their families with stability and dignity.

Our vision: To solve America’s historic racial and socio-economic wealth, income and opportunity divides. This vision is the foundation of the Just Economy Pledge.

Fellowship for Equitable Development

The National Community Reinvestment Coalition matches top-level graduate degree students with premiere community development organizations.

NCRC is looking for fellowship projects that move the needle on housing, small business development, and workforce development. Projects may directly result in community outcomes in these focus areas, or involve work with community members to create plans or project pipelines that will solve local issues in these areas.

The NCRC Fellowship cultivates the next generation of community development leaders and empowers them to tackle the issues of tomorrow. The community development sector will face significant challenges in the coming decades from climate change, widening wealth gaps, food insecurities, extreme housing shortages and other needs. These challenges will disproportionately impact low-wealth communities and communities of color. Therefore, it is NCRC’s intention and pledge to uphold the values of community empowerment in the fellowship program.

Interested students and host organizations must apply for this fellowship opportunity.

Program Benefits for Student Fellows Include:

• High-quality training and support from regional leaders in the nonprofit, government, planning and community development fields
• A $20,000 stipend for the eight-month, part-time (20-hours per week) fellowship
• The opportunity to meet with leaders in the nonprofit, government, planning and community development fields
• Academic credit, in accordance with the policies of the Fellows’ respective universities
• Complimentary admission to the NCRC annual Just Economy Conference

Program Benefits for Host Organizations Include:

• Fresh, innovative talent to help advance organizational mission
• The opportunity to help shape the next generation of community development leaders
• Participation in a fellowship program at little to no cost

The Process

1. NCRC Members Apply; 2. NCRC Selects Member Projects; 3. Students Apply To Selected Projects; 4. Top Student Candidates Interviewed; 5. NCRC & Member Select Student Fellow; 6. NCRC Onboards Member & Student 7. Fellowship Commences

Student Fellow Applications

Fellow applications will open for eligible students once host projects have been reviewed and finalists selected. Students will apply to be considered for a specific host project. Top student candidates will be interviewed by NCRC as well as the host organization.

Fellow Requirements

• Must provide documentation confirming active enrollment (i.e. Letter of Enrollment from Registrar or transcript)
• Must commit to fellowship for full Period of September 14, 2026-May 14, 2027 academic school year
• Must commit to a 20 hour/week fellowship
• Must commit to a schedule with at least one day per week in-office of host organization

Alliance for Social Trust: Trust in Practice Awards

Trust is the foundation of vibrant, resilient communities and healthy civic life. Across the country, local and national organizations are demonstrating the profound ways trust shapes our collective well-being—strengthening relationships between neighbors, cultivating confidence in institutions, and enabling people to work together to solve shared challenges. These efforts are often rooted in the knowledge and leadership of those closest to the work. 

The Trust in Practice Awards support non-profit organizations that are collaborating on new initiatives to build trust across local or virtual communities. Grantees will be part of a national network dedicated to fostering trust through the Alliance for Social Trust’s programs and storytelling platforms. Award recipients will also participate in the annual Trust in Practice Summit to celebrate the work of trust builders.

The Ochylski Family Foundation supports registered 501(c)(3) nonprofit organizations through grants aimed at enhancing their operational capacity. With an application deadline of October 1, organizations must submit a detailed request outlining their initiatives. The foundation's mission aligns with its commitment to foster community development and nonprofit effectiveness in Iowa, ensuring that resources are allocated to impactful projects that serve the public good.

The Thriving Community Impact Fund offers grants up to $2,499 to support local programs that enhance community health and well-being. This initiative by Gundersen Health emphasizes collaboration, focusing on areas such as physical and mental health, poverty alleviation, and neighborhood improvements. Organizations like non-profits and government agencies can apply for funding during a rolling application period, with decisions made monthly. The fund aims to empower communities and address health inequities through impactful partnerships.

The U.S. Venture/Schmidt Family Foundation supports initiatives that drive self-sufficiency and community enrichment for vulnerable populations. With over $4.31 million awarded last year, the foundation prioritizes projects that demonstrate measurable impact and foster stronger communities. Eligible organizations include those designated as public charities by the IRS. The foundation emphasizes collaboration with other funders, avoiding sole financial support to ensure comprehensive community development.

The Peter Chortek Leadership Award honors Jewish high school students in San Diego who demonstrate outstanding leadership and commitment to community service through tikkun olam. Awardees receive a $9,000 stipend, $540 to set up a Donor Advised Fund, and a professional video showcasing their project. This award encourages students to create or enhance community initiatives, fostering engagement in social justice and service projects.

The Crawford Taylor Foundation focuses on enhancing programs that create lasting legacies in St. Louis. With priorities in community development, women's health, animal welfare, and environmental preservation, the foundation seeks to support 501(c)(3) organizations that meet specific eligibility criteria. They avoid funding multi-year grants or for-profit initiatives, emphasizing support for local causes and relief efforts deemed important by the Taylor family.

The EDA FY25 Disaster Supplemental program provides critical funding to support communities recovering from severe economic distress caused by natural disasters in 2023 and 2024. With no submission deadlines for Readiness and Implementation Paths, and a specific deadline for Industry Transformation applications, this initiative aims to enhance community resilience and improve economic trajectories through strategic projects that engage local stakeholders and private industries.

The Positively Memphis Community Grant supports nonprofits in the Mid-South, offering grants between $1,000 and $25,000 for initiatives that drive positive change. The program, linked to the FedEx St. Jude Championship, focuses on empowering organizations that align with community needs. Quarterly applications prioritize specific focus areas, ensuring targeted support to maximize impact. This grant aims to strengthen the Memphis community through collaborative efforts and meaningful engagement.

The Greenpoint Foundation Grant aims to enhance community life by supporting organizations that focus on agriculture, food security, education, and community enhancement. Established in 2022, the Foundation accepts grant applications year-round for both general operating budgets and specific projects. Priority is given to 501(c)(3) organizations and local government entities, while faith-based programs are considered on a case-by-case basis. Grant recipients must submit impact reports to ensure continued support.

The H. Hovnanian Family Foundation Grant supports the Armenian community in Armenia and the U.S., focusing on Monmouth and Ocean Counties, New Jersey. The Foundation prioritizes education, healthcare, arts, and youth development through grants to registered non-profits. Proposals should demonstrate sustainability and community impact, with favorable consideration given to projects that engage local stakeholders and foster collaboration. Applications are accepted year-round, with a maximum funding limit of $10,000 for operational expenses.

The Bertin Family Foundation Grants support 501(c)(3) public charities that align with the foundation's mission of community strengthening and compassion. Grant requests are accepted annually from July 1 to August 31, focusing on program or project support rather than general endowment. The foundation values measurable outcomes and responsible stewardship, and gives preference to organizations with Gold or Platinum status on Candid.

The St. Mary's Bank Charitable Foundation 1908 Funds Grants provide financial support to nonprofit organizations in New Hampshire, focusing on community development and services. Established to uphold St. Mary’s Bank's commitment to social responsibility, these grants, ranging from $500 to $5,000, aim to foster financial independence and address issues like homelessness, youth support, and civic engagement. The Foundation prioritizes projects that benefit local communities and promote long-term sustainability.

St. Mary's Bank Charitable Foundation Community Support Grants aim to enhance community welfare by providing financial support to nonprofit organizations. With a commitment to 'people helping people' since 1908, the foundation focuses on areas like youth programming, homelessness, and civic support. In 2023 alone, they donated over $200,000 to 190 organizations, reflecting their dedication to improving lives in New Hampshire. They prioritize funding for nonprofits within their service areas, ensuring impactful contributions to local communities.

Enhearten Micro Grant supports unseen leaders by providing funding for community-driven projects that embody values of humility, integrity, and love. Grants range from $500 to $1,000 and are awarded after a thorough review process. Enhearten aims to empower these leaders, who often lack access to traditional funding sources, by fostering reparative networks that prioritize equality and justice. This initiative seeks to create opportunities for transformative community engagement and support.

The Ferguson Cares Grant is an essential aspect of Ferguson's Sustainability strategy, focusing on social challenges and community wellbeing. This grant supports nonprofit organizations in the U.S. dedicated to affordable housing, skilled trades workforce development, clean water access, and enhancing local economic quality of life. Ferguson aims to create lasting partnerships that drive positive impact within their operational regions, reflecting their commitment to social responsibility and community support.

OneRural provides essential technical assistance to rural organizations, fostering the development of affordable housing and community initiatives. This program offers tailored support, helping organizations enhance their operational capabilities and drive impactful change. By accessing expert resources and training, participants can effectively navigate challenges, improve program outcomes, and strengthen community resilience. This initiative targets nonprofits and tribal entities, ensuring that rural communities receive the guidance needed for sustainable growth and development.

BMO Gives is committed to fostering positive societal impact through community support and charitable initiatives. It focuses on enhancing community and economic resilience, as well as environmental sustainability. Eligible applicants must be registered charities or non-profits operating in Canada or the U.S. and align with BMO's corporate values, which promote inclusivity and non-discrimination. The program aims to support projects that address significant societal needs and empower local communities.