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The original item was published from 11/30/2017 1:14:24 PM to 12/7/2017 5:05:04 PM.
Posted on: November 30, 2017
[ARCHIVED] Comprehensive Development Projects
On November 8, 2017, the Nebraska Department of Economic Development (DED) awarded $350,000 of Community Development Block Grant (CDBG) Phase II Comprehensive Development (CD) funding to the City of Columbus.
This grant funding is for improvements to 15th Street from 28th to 33rd Avenues and for the purchase/rehab/resale of six single family units.
The intent of the CD category is to enhance and expand the impact of existing and new partnerships towards community development and revitalization. Resident and stakeholder engagement is the foundation of a comprehensive development effort. Phase I which was a pre-development planning stage and was required to access Phase II implementation funds was completed earlier this year. Phase II is highly competitive as it includes the possibility of a two-year funding maximum allocation of $350,000 each year for those qualifying communities.
The money is part of Nebraska’s annual allocation of CDBG funding from the U.S. Department of Housing and Urban Development. Funds are administered by DED. The focus is to foster a greater capacity for local community and economic development initiatives that will carry out an enhanced and stable comprehensive revitalization strategy principally benefiting low/moderate income residents of the community. Under the CD category, eligible applicants include communities with a population of 5,000 persons or greater and who are not a CDBG Entitlement Community.
Activities funded within the CD Program Category include those identified as State CDBG Priorities in the Housing, Public Works, and Planning Program Categories. Matching funds include cash contributions from the community or other partners. Leveraged funds include a variety of resources (cash and/or in kind contributions). Proposed match and leverage must be from CDBG eligible activities directly related to the proposed project(s) in the same neighborhood or directly benefiting a substantial majority of the LMI persons or families residing within the neighborhood during the grant award period.