The Community Enhancement and Economic Development Loan Program (CEED) is the State of Indiana’s loan program under the Section 108 Loan Guarantee Program (24 CFR 570, subpart M),. CEED provides communities with a source of loan financing for economic development, housing rehabilitation, public facilities, and other large-scale projects. These federally guaranteed loans allow local governments to pursue physical and economic revitalization projects that can renew entire communities. Such public investment is often needed to inspire private economic activity, providing the initial resources or simply the confidence that private firms and individuals may need to invest in distressed areas. Hear from Jennie Fultz with the City of Indianapolis about this program. Since 2008, Jennie has been the Administrator for the Division of Community Economic Development. In that role, she manages the Division of Community Economic Development for the City of Indianapolis, Department of Metropolitan Development. The division is responsible for city economic development initiatives, housing development, addressing homelessness, administration of federal grants from the U.S. Department of Housing and Urban Development, and community development efforts.