The City of Fulton is not an entitlement community and must apply for funding each year from the U.S. Department of Housing and Urban Development through the Community Development Block Grant Small Cities Program. This once-a-year competition allows the City to seek funding for either a single purpose or a comprehensive grant. A single purpose grant must address one specific need, i.e., economic development, housing or public improvements, while a comprehensive grant combines several activities and must address several criteria within a targeted area.

A minimum of 70% of all grant monies received must benefit primarily persons of low and moderate income.  While the CDA has been highly successful with grants procurement over the years, Small Cities Program funding is extremely competitive and therefore without guarantee of future grants acquisition.