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WA

CERB Prospective Development Program

Grant and loan funding for rural communities to develop public infrastructure that prepares sites for future private business investment, even before a specific business commits. Targets shovel-ready industrial development.

About this program

Up to 25% of award available as grant; remainder as low-interest loan. Board meets every 2 months. Useful for ports, industrial parks, and rural employment areas.

Eligibility

Rural local governments and tribes in Washington. Grants up to 25% of total award; applicants must provide 50% cash match.

Funding Categories

Loan