Code of Maine Rules
19 - DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT
498 - OFFICE OF TOURISM AND COMMUNITY DEVELOPMENT
Chapter 22 - RIVERFRONT COMMUNITY DEVELOPMENT BOND PROGRAM RULES
- Section 498-22-1 - Definitions
- Section 498-22-2 - Eligible Uses
- Section 498-22-3 - Ineligible Uses
- Section 498-22-4 - Eligible Project Sites
- Section 498-22-5 - Prohibition on Multiple Grant Awards
- Section 498-22-6 - Matching Funds Requirements
- Section 498-22-7 - Maximum Fund Grant Awards
- Section 498-22-8 - Application Process
- Section 498-22-9 - Selection Process
- Section 498-22-10 - Scoring Criteria
- Section 498-22-11 - Project Development Phase
- Section 498-22-12 - Applicability of State Laws
- Section 498-22-13 - Waiver of Rule
Summary
These rules set forth allowable activities for the Riverfront Community Development Bond program (the Fund), definitions, prioritization of allowable projects, the process for determining project eligibility and selection process for financial assistance. In accordance with Title 5, chapter 375, subchapter 2-A the Department of Economic and Community Development (DECD) will hold a public hearing regarding the development of these rules.
Basis Statement
The Riverfront Community Development Bond Program, established under 5 MRSA §13083-T and referred to in this section as "the Fund" is established within the Department of Economic and Community Development (DECD) to assist and encourage communities along the State's rivers to revitalize their riverfronts in an environmentally sustainable manner and to promote river-oriented community development and enhancement projects. The DECD shall administer the program in conjunction with the Maine Municipal Bond Bank (MMBB) to provide funding for the rehabilitation, revitalization and enhancement of riverfront communities and river ecosystems in the State.
