2014 cdbg applicants' workshop georgia department of community affairs cdbg economic...

2014 CDBG Applicants' Workshop

Georgia Department of Community AffairsCDBG Economic Development

REDEVELOPMENT FUND

Page 22014 CDBG Applicants' Workshop

Community Finance Division

December 11-12, 2013

Eligible CDBG-RDF Activities

Activities that are eligible under the Housing and Community Development Act of 1974, as amended, and the HUD implementing regulations applicable to the State CDBG Program are eligible for funding under this special redevelopment set-aside. • For housing and public facilities projects, the

minimum benefit to low- and moderate income persons is 70 percent.

• Projects that will result in job creation or retention or those that benefit to clientele must insure that at least 51 percent of the benefit is made available to low- and moderate-

Page 32014 CDBG Applicants' Workshop

Community Finance Division

December 11-12, 2013

RDF Categories

Eligible activities must meet one of the following criteria:• Prevent or eliminate slums and blight on an

“area basis”;• Prevent or eliminate slums and blight on an

“spot basis”; or• Be in an urban renewal area.

Page 42014 CDBG Applicants' Workshop

Community Finance Division

December 11-12, 2013

Spot Basis

Spot Basis eligible activities:• Acquisition• Clearance• Relocation, • Historic preservation • Building rehabilitation activities which eliminate

specific conditions of blight or physical decay on a spot basis that may not be located in a slum or blighted area.

Page 52014 CDBG Applicants' Workshop

Community Finance Division

December 11-12, 2013

Spot Basis

Spot Basis eligible activities:• Under this standard, the activity is limited to the

extent necessary to eliminate specific conditions detrimental to the public health and safety.

• Examples include: elimination of faulty wiring, falling plaster, or other similar conditions which are detrimental to all potential occupants; historic preservation of a public facility; and demolition of a vacant, deteriorated building

Page 62014 CDBG Applicants' Workshop

Community Finance Division

December 11-12, 2013

Area Basis

• The area, delineated by a unit of local government, meets a definition of a blighted, deteriorated, deteriorating, or slum area under state or local law;

• Throughout the area there is a substantial number of deteriorating buildings or the public improvements are in a general state of deterioration;

Page 72014 CDBG Applicants' Workshop

Community Finance Division

December 11-12, 2013

Area Basis

• The assisted activities address one or more of the conditions which contributed to the deterioration of the area; and

• The local government keeps records sufficient to document its finding that a project meets the National Objective of elimination or prevention of slums and blight.

Page 82014 CDBG Applicants' Workshop

Community Finance Division

December 11-12, 2013

REDEVELOPMENT FUND

Eligible Activities:• Projects must alleviate a “slum or blighted”

condition▪ Grants - Public infrastructure, public facilities ▪ Loans - to acquire and alleviate blighted

buildings/facilities• Loan/lease payments may capitalize or be placed

into a local RLF• Any new jobs must be available to low- and

moderate-income persons

Page 92014 CDBG Applicants' Workshop

Community Finance Division

December 11-12, 2013

Ineligible CDBG-RDF Activities

• Machinery and Equipment (HVAC systems)• Working Capital• Refinancing• Speculative Projects • Capacity Building• General Conduct of Government• Project Not Meeting Federal Guidelines• Using Federal Funds to relocate businesses

(There are Restrictions)

Page 102014 CDBG Applicants' Workshop

Community Finance Division

December 11-12, 2013

Samples of RDF Eligible Activities

• Acquisition and clearance of blighted property;

• Renovation and reuse of abandoned historical buildings;

• Commercial revitalization through façade improvements (grant/loan);

• Removal of environmental contaminants on property to enable it to be redeveloped for a specific use.

Page 112014 CDBG Applicants' Workshop

Community Finance Division

December 11-12, 2013

Samples of RDF Eligible Activities

Spot Basis

• Façade improvements with restrictions

• Building rehabilitation with restrictions

• Removal of environmental contaminants

• Demolition• Building acquisition• Pedestrian walk way with

restrictions

Area Basis

• Façade improvements• Building rehabilitation• Removal of environmental

contaminants • Demolition and construction• Building acquisition• Pedestrian walk way

Page 122014 CDBG Applicants' Workshop

Community Finance Division

December 11-12, 2013

Successful Spot Basis Projects

City of West Point – West Point 2100 City of Baldwin – The Baldwin Lofts

Page 132014 CDBG Applicants' Workshop

Community Finance Division

December 11-12, 2013

Successful Area Base Projects

City of Thomasville - Victoria Place

Page 142014 CDBG Applicants' Workshop

Community Finance Division

December 11-12, 2013

Things to Remember

• Identify your project on “Spot Basis” or “Area Basis”

• Verify that your activities are eligible

• Document need, costs and support of organizations, banks & businesses

• Debt – credit underwriting and terms

Page 152014 CDBG Applicants' Workshop

Community Finance Division

December 11-12, 2013

Program Manager Contacts

Nyanza Duplessis –Redevelopment

(404) 679-0668 nyanza.duplessis@dca.ga.gov

Michael Casper – Local RLF Coordinator

(404) 679-0594 michael.casper@dca.ga.gov

Page 162014 CDBG Applicants' Workshop

Community Finance Division

December 11-12, 2013

ED Representative Contacts

Jennifer Fordham – Southeast Georgia(912) 865-4212 jennifer.fordham@dca.ga.gov

Kelly Lane – South Georgia(229) 896-4259 kelly.lane@dca.ga.gov

John VanBrunt – Northeast Georgia(404) 327-6871 john.vanbrunt@dca.ga.gov

Tonya Mole – Southwest Georgia(404) 852-6876 tonya.mole@dca.ga.gov

Patrick Vickers – Northwest Georgia(404) 679-3151 patrick.vickers@dca.ga.gov

Glenn Misner – Field Services Office Manager(404) 679-3138 glenn.misner@dca.ga.gov