Agenda - 03-20-1985 - Laserfiche WebLink

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• 0 3 -I Report On The Small Cities Community Development Block Grant Application Guidelines ' • The primary purpose of the North Carolina Small Cities Community Development • Block Grant Program is to provide grants to local, governments to develop viable ' communities, by providing decent housing and a suitable living environment and expanding economic opportunities, principally for pekraons. of low and moderate income. The program reflects the 1983 amendments to the Housing'and Community • Development Act of 1974. The North Carolina Small Cities Community Development Block Grant Program is designed to, insure that at least 51 percent of the CDBG Funds will, be used to benefit low and moderate income persons. Applicants may seek funds under four different grant categories: Community Revitalization , Economic Development, Development Planning and Urgent Needs. North Carolina expects to distribute to local governments approximately $42.2 million during' this year. Approximate allocations between each grant category and maximum grant amounts under each category areas follows: Grant Category 'Funds Available Maximum Grant Amount Community Revitalization no less than 31,230,000 $750,000 Economic Development up to 8,440,000 $750,000 Development Planning up to 420,000 $10,000 Urgent Needs/Contingency up to 2,110,000 $750,000 The Community Revitalization Category includes activities in which a majority of funds are directed toward improving, preserving or developing residential areas. The Economic Development Category includes activities in which a majority of funds are directed towards promoting the creation or retention of jobs, enhancing income levels or providing local ownership opportunities. Development Planning grants are directed to local, governments to help them develop projects that can be considered for CMG funding in the future. Urgent needs grants will be awarded to applicants with projects which address existing community