Community Economic Opportunity Act of 2014 - Revises the Community Services Block Grant Act, reauthorizing and extending the Act and its community services block grant program at specified levels for FY2014-2018, and at unspecified levels for FY2019-2023.
Prescribes requirements for a Community Action Innovations Program.
Eliminates requirements for: (1) community food and nutrition programs, (2) national or regional programs designed to provide instructional activities for low-income youth, and (3) demonstration partnership agreements addressing the needs of the poor.