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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 20-39 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) 242-5468 shabbir.olia@adeca.alabama.gov
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