Description: The Economic Development Branch works to fund development activities that create or retain jobs principally benefiting low and moderate income (LMI) persons. Additional goals provide for the training and provision of human services that allow for the professional advancement of LMI persons. As part of the Commonwealth’s allocation from the CDBG program, these projects have been allocated $4,300,000 estimate for 2019 with up to $1,000,000 of CDBG funding per community.
There are two areas of eligibility for CDBG Economic Development funding:
Traditional: Provides grant assistance to communities for projects which specifically address the creation or retention of jobs through eligible activities. Funds can be provided to a community to use for specific business/industrial clients.
Non-Traditional: Allows for the funding of eligible activities benefiting low and moderate income persons not directly related to job creation.
Eligibility: All cities and counties with the exception of designated entitlement areas. Multi-Jurisdiction Applications may jointly request $2 million provided that the $1 million per jurisdiction is not exceeded. Multi-Jurisdiction Non-Traditional Economic Development applicants may request up to $500,000 if the $250,000 per jurisdiction is not exceeded.
Dates: The application submission dates are April 1, 2020 – February 28, 2021.
Description: The Community program is designed to provide funds for community development projects that address human service needs, such as senior centers, crisis centers, fire stations and facilities that provide services to low-income persons. As part of the Commonwealth’s allocation from the CDBG program, these projects have been allocated $5,284,771 for 2019 with the maximum amount of $500,000 of CDBG funding per community.
Eligibility: All cities and counties are eligible to apply for the funds with the exception of Ashland, Bowling Green, Covington, Elizabethtown, Henderson, Hopkinsville, Lexington-Fayette County, Louisville/Jefferson County Metro Government, and Owensboro. These entitlement communities receive CDBG funds directly from HUD.
Dates: Community Projects – The application submission dates typically run April through August.
Description: EDA’s Public Works and Economic Adjustment Assistance (EAA) programs provide economically distressed communities and regions with comprehensive and flexible resources to address a wide variety of economic needs. Projects funded by these programs will support work in Opportunity Zones and will support the mission of the Department by, among other things, leading to the creation and retention of jobs and increased private investment, advancing innovation, enhancing the manufacturing capacities of regions, providing workforce development opportunities, and growing ecosystems that attract foreign direct investment. The award floor is $100,000, and the award ceiling is $30,000,000.
Eligibility: Public and State controlled institutions of higher education, Native American tribal governments (Federally recognized), Others (see text field entitled “Additional Information on Eligibility” for clarification), Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education, Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education, County governments, Special district governments City or township governments, Private institutions of higher education, State governments.
Description: The main investment tool used by the Delta Regional Authority is the States’ Economic Development Assistance Program (SEDAP), which provides direct investment into community-based and regional projects that address the DRA’s congressionally mandated four funding priorities.
SEDAP funds must be invested in projects supporting one or more of the following categories:
- Basic Public Infrastructure
- Transportation Infrastructure
- Business Development, with an emphasis on Entrepreneurship
- Workforce Development
Eligibility: Entities eligible to apply for SEDAP funding include: State and Local Governments (state agencies, cities, counties/parishes), Public Bodies, Non-profit Organizations
Dates: Application Cycle typically runs March through June.
Description: The DRA created the Community Infrastructure Fund (CIF) to target physical infrastructure projects that help build safer, more resilient communities in the Delta region. With the addition of the CIF to DRA’s portfolio of funding opportunities, DRA will have increased flexibility to support states and communities as they address the unmet infrastructure needs in the region. CIF investments can be used for projects that address flood control, basic public infrastructure development, and transportation infrastructure improvements.
Eligibility: Entities eligible to apply for CIF funding include: State and Local Governments (state agencies, cities, counties/parishes), Public Bodies, Non-profit Organizations
Dates: Application Cycle generally runs March through June.
Description: This program provides affordable funding to develop essential community facilities in rural areas. An essential community facility is defined as a facility that provides an essential service to the local community for the orderly development of the community in a primarily rural area, and does not include private, commercial or business undertakings. Funds can be used to purchase, construct, and / or improve essential community facilities, purchase equipment and pay related project expenses.
Examples of essential community facilities include:
- Health care facilities such as hospitals, medical clinics, dental clinics, nursing homes or assisted living facilities
- Public facilities such as town halls, courthouses, airport hangars or street improvements
- Community support services such as child care centers, community centers, fairgrounds or transitional housing
- Public safety services such as fire departments, police stations, prisons, police vehicles, fire trucks, public works vehicles or equipment
- Educational services such as museums, libraries or private schools
- Utility services such as telemedicine or distance learning equipment
- Local food systems such as community gardens, food pantries, community kitchens, food banks, food hubs or greenhouses
Eligibility: Eligible borrowers include: Public bodies, Community-based non-profit corporations, Federally-recognized Tribes.