|
Check out the proposed changes to the CDBG program
For Public Comment
The public is welcome and encouraged to comment on the proposed plan for CDBG stimulus funds. To comment, please e-mail Shawn Reese, Investment Ready Communities Director, at shawn.reese@wybusiness.org.
________________________________________________________________________
CDBG Recovery Funds
This details the Wyoming Business Council's proposed plan for CDBG stimulus funds and invites the public to comment from June 15, 2009 through June 21, 2009.
________________________________________________________________________
Staff Recommendations to the WBC Board
ABOUT THE PROGRAM
The Community Development Block Grant Program (CDBG) is a federally funded pass through grant program from the U.S. Department of Housing and Urban Development. The Business Council is Wyoming’s designated agency for administering the program.
The state has received an annual funding allocation ranging from a low of $2.2 million to a high of $3.75 million. For more information, contact Shawn Reese, Investment Ready Communities Director at 307.777.2813.
IRC Division Grant & Loan Programs Application & Award Schedule 2009 - UPDATED 5-29-2009
New! Check out the Investment Ready Communities Project portfolio! The portfolio is a complete listing of the Business Ready Community, Community Facilities and Community Development Block Grant Projects separated by county.
CDBG Board Report
Federally Imposed National Objectives
Wyoming is given broad authority to design and structure a program that meets the community and economic development needs of Wyoming communities, however, any project funded with CDBG funds must meet one of three HUD imposed national objectives. The three objectives are:
- Benefit to low and moderate income families
- Elimination of slums and blight
- Projects which meet an urgent community development need that pose a serious and immediate threat to the health or welfare of the community
Moderate income is defined as eighty percent of the median income and adjusted by family size. For example, for most areas of the state, a household income of $44,000 per year for a family of four is considered a moderate income.
Eligible Applicants
Only counties and incorporated cities and towns are eligible to apply for CDBG funds. Local governments may apply on behalf of other units of government, non-profit and for-profit businesses and special interest groups.
The cities of Casper and Cheyenne are not eligible because they are entitlement cities and receive CDBG funds directly from HUD. However, Laramie and Natrona counties may apply on behalf of a project located within the municipal boundaries of Cheyenne or Casper, respectively, if it can be demonstrated the benefits of the project are available on a county-wide basis.
Types of Projects
- Community Development - Has three funding categories: Public Infrastructure Grants, Access for the Disabled Grants, Community Facilities Grants. Contact Shawn Reese, IRC Director, Business Ready Community Grant & Loan Program, 307.777.2813.
- Economic Development - Has eight grant categories with most grants requiring job creation: Infrastructure Grants, Job Training Grants, Planning Only Grants, Technical Assistance Grants, Downtown Development Grants, Convertible Loans, Float Loans and Section 108 Loans.
Contact Julie Kozlowski, Economic Development Program Manager at 307.777.2812.
- Housing Development - Is administered by the Wyoming Community Development Authority (WCDA) and generally used for housing rehabilitation and housing infrastructure development. Visit www.wyomingcda.com or call 307.265.0603.
|
Community Development
