Community Development Block Grant Alabama Department of Economic and Community Affairs Shabbir Olia

Community Development Block Grant Since 1982 Non-Entitlement Areas National Objectives –Benefit 51% LMI persons –Clearance of slum and Blight –Meet urgent needs Over $700 million in funds 2,000 projects

Distribution Method Competitive Funds Community Enhancement Fund Planning Fund Economic Development Fund 2012 anticipated allocation $20 million

Competitive Funds Essential needs type projects Grant ceilings –Small City & County $350,000 –Large City $450,000 Typical activities –water & sewer extensions and rehabilitation, –street and drainage improvements, etc. Point scoring system –Nature of Benefits –Local Match –Cost/Benefit Ratio

Community Enhancement Fund Quality of life type projects Grant ceiling $250,000 - Grant Minimum $50,000 Typical activities –facilities for fire protection, –senior centers, –boys and girls clubs, –recreational facilities, –community centers, etc.

Planning Fund Plan for orderly growth, regional development, & revitalization efforts Grant ceiling $40,000 Typical planning activities –comprehensive plans, –elements of comprehensive plans, –downtown revitalization plans, –regional strategies, etc.

Economic Development Fund Eligibility - job creation (retention) ED Grants –infrastructure improvements, e.g., water, sewer, rail spurs, access roads, docks, etc. –ceiling $200,000 (can be waived) –fifteen + jobs / commitment from business –SIC code or significant economic impact –local match 20% –no intrastate relocation –no construction prior to grant award or release of environmental conditions

Economic Development Fund ED Incubator Projects ($250,000) ED Loans ($250,000) ED Float Loans ($10 million) Sec. 108 Loan Guarantee ($10 million)

Community Development Block Grant Shabbir Olia (334)