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“Investing In Our Local Communities”

Missed Funding Opportunities CDBG Scott Wright. “Investing In Our Local Communities”. Community Development Block Grant Funded by Department of Housing and Urban Development (HUD) Public Infrastructure (36%) Housing (24.7%) Administrative and Planning (14.2%) Economic Development (6.3%).

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“Investing In Our Local Communities”

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  1. Missed Funding Opportunities CDBG Scott Wright “Investing In Our Local Communities”

  2. Community Development Block Grant • Funded by Department of Housing and Urban Development (HUD) • Public Infrastructure (36%) • Housing (24.7%) • Administrative and Planning (14.2%) • Economic Development (6.3%) 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

  3. New Mexico CDBG • Benefit low to moderate income • Eligible applicants • Colonias • Designated and within 150 miles of boarder • 10% of annual allocation • Lack of potable water • Lack of adequate sewage • Lack of decent, safe and sanitary housing 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

  4. Planning Grants ($209,705 Available in 2018) • Municipalities, counties, water associations, water and sanitation districts and land grants • $50,000 max with 5%-10% match • Comprehensive Plans are priority • Land use, housing, transportation, infrastructure, economic development, water & hazards • Competitive application process 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

  5. Missed Funding Opportunities • For Planning • 2017 Allocation = $507 K • No applications received • 2016 Allocation = $500 K • 1 application received & funded for $50 K • Over last 2 years, $957,000 allocated and unspent 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

  6. Economic Development Grants ($500,000 Available in 2018) • 3 Parties: LGD, county/municipality, for profit/non-profit • $500,000 max with 100% match • 1 LMI job per $50,000 (CDBG) • Extensive planning and preparation • Government regulation and private sector 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

  7. Missed Funding Opportunities for Econ. Dev. • 2017 Allocation = $1 million • No applications received • 2016 Allocation = $1.28 million • 2 Grants funded for $1 million • Over last 2 years, $1.28 million allocated and unspent 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

  8. Housing • $65,000 max per home (rehab/repair) • Counties and Municipalities • Housing Authorities • Governmental housing specialists • Match: 10% non-rural, 5% rural 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

  9. (Not So) Missed Funding Opportunities for Housing • 2017 Allocation = $0 • 2016 Allocation = $1 million • 2 Grants funded for $1 million 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

  10. CDBG Infrastructure Projects • Low-to-moderate income beneficiaries (<51%) • $750,000 max with 5/10% match • Competitive cycle each year • Water, wastewater, street, drainage, public facilities • 2 year grant agreements 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

  11. CDBG Infrastructure Projects • 45 current projects totaling $22.5 million • 20 projects from 2018 totaling $13.2 million • If this funding is already committed…How is this a funding opportunity? 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

  12. Slow Spending • 2017Projects: $638 K of $10.76 million spent (6%) • 2016 Projects: $3.8 million of $6.5 million spent (58%) • 2015 Projects: $2 million unspent from 7 Grantees • 2014 Project (1) still open 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

  13. Grant Reversions • Since January, reverted $2.5 million • $3.25 million by end of the year • Common reasons to revert • Construction is under budget • Delays invalidate cost estimates • Easements • Bidding and subcontractors • Nothing 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

  14. Reverted $ Stays in New Mexico • NM is evaluated (in part) on cash flows • Prioritize shovel-ready projects • Need is greater than the funding availability 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

  15. Thank you Any Questions “Investing In Our Local Communities”

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