1. Steed Robinson, Office of Community Development
12/8/2016
Georgia Department of Community Affairs
CDBG Economic Development & Redevelopment Examples
EIP and RDF
March 14, 2017
Steed Robinson, Office of Community Development

2. Process - What happens after submitting an IPA or Pre-App?
Initial Project Assessment (DCA)/ Pre-Application (OGA)
PACA
Provides guidance for application development
Application Development and submission
Completeness letters help identify shortcomings in the application
Applications often miss something
Since most DCA ED and OGA funding is “threshold-based”, allows for Technical Assistance to get applications to funding range.
Completeness Letter

3. EIP GRANT PUBLIC INFRASTRUCTURE

4. City of Monticello – Norton Packaging
Recipient – City of Monticello
Sub-Recipient – Norton Packaging
Grant Amount – $420,000
Project – public rail spur
Private Investment – $2.6 Million
Jobs – Create 42, 22 LMI Persons

5. Source and Use – City of Monticello
Amount
Use
EIP
$ ,000
Rail spur construction
DevelopmentAuthority
$ 1,006,000
Land & Improvements
$ ,006,000
OGA EDGE
$ ,000
Site Improvements
USDA
$ ,000
Building
RLF
$ ,000
Rail Spur Construction
City
$ ,997
Engineering
$ ,997
Norton
$ 2,670,588
Land, building, M&E, F&F
$ 2,670,588
Total
$ 4,322,585
$ 4,322,585

6. Special Conditions – Inherent to Rail Spur Projects
Bid documents, Bid specifications, signed contract and Bid Bonds.
Evidence of other funding source(s).
Documentation certifying Rail Company has approved the final plans for
the design for the rail spur.
Railroad permits.
“Intergovernmental Agreement” between local government and
Development Authority.
“Siding” / “Side Track Agreement” – Title varies according to Railroad
Company.
“Industrial Track Agreement” - Title varies according to Railroad Company.
Economic Development and Construction Agreement – Do Not Execute.
Letter of Credit (Surety).

7. Georgia Department of Community Affairs CDBG Economic Development Redevelopment Fund Program (RDF)

8. Overview of the RDF Program
Encourage communities with blighted properties to focus on long-term community development.
Projects must demonstrate the following:
Resolution of Spot/Area Basis Blight;
Long-term planning and development efforts of the
community;
Significant impact on the overall project;
Strong community commitment;
Ready to Proceed; and
Completed within 24 months.

9. Basic Program Parameters
Projects must alleviate a “slum or blighted” condition
Grant - Public infrastructure in support of
business/industry
Direct Loan –Assistance to “for-profit” entities”

10. Successful Spot Basis Project
Former Chero Cola Warehouse
204 N. West Street, Greensboro

11. Building Interior - Before Renovation

12. Greensboro – Oconee Brewing Company Microbrewery Building Floorplan

13. Greensboro RDF Award
RDF Grant to the City of Greensboro to acquire and stabilize the former Chero Cola warehouse building, a blighted structure located in historic downtown Greensboro to be repurposed as a new microbrewery.
Owner and operator: Oconee Brewing Company.
Award Amount: $500,000.
Initial Total Project Cost: $2,110,917.
Evolved Total Project Cost: $2,623,035.

14. City of Greensboro: Source and Use
Amount
Use
RDF
$500,000
Building Acquisition
$150,000
Building Stabilization
$ 270,000
Architectural/Eng. Fees
$50,000
Grant Administration
$30,000
City of Greensboro
$19,917
Utility Connection Fees, etc.
SBA 7a Loan: Bank
$1,385,000
Building Stabilization/Rehab.
$761,732
Equipment/Inventory
$520,095
Contingencies
$103,173
Georgia Cities Foundation
$241,618
Renovation: Collapsed wall
Owner Equity
$476,500
Equipment and
Bank Financing Fees
TOTAL
$2,623,035

15. Greensboro RDF Award – Success!

16. Program Manager Contacts:
Brock Smith – Manager, CDBG Set-Asides
(404)
Gabe Morris – Program Manager (EIP/RDF/ITAD)
(404)