Code of Maine Rules
19 - DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT
498 - OFFICE OF TOURISM AND COMMUNITY DEVELOPMENT
Chapter 7 - 1992 COMMUNITY DEVELOPMENT BLOCK GRANT SMALL CITIES PROGRAM 1992 FINAL STATEMENT
Section 498-7-1 - Program Overview
Current through 2024-38, September 18, 2024
A. CDBG OBJECTIVES
The objective of the Maine CDBG Program is to serve as a catalyst for local governments to implement programs which:
B. GRANT STRUCTURE
The Department of Economic and Community Development, through the Office of Community Development (OCD), offers several programs designed to achieve the previously stated CDBG objectives. The following is a list of CDBG program administered by OCD and a brief summary of each programs intent:
C. STATE ADMINISTRATION
The Department of Economic and Community Development, through OCD, pursuant to the Housing and Community Development Act of 1974, as amended, Section 106(d) (3) (a) is permitted to utilize $100,000 plus 2% of its annual allotment from the Department of Housing and Urban Development (HUD) to assist in administering the State's Small Cities CDBG Program in accordance with Federal, State and local requirements.
D. PROGRAM TIMEFRAME
The provisions set forth in this Final Statement apply to funds to be awarded in the 1992 grant year which begins with the community revitalization Grant application deadline of October 16, 1991 and runs approximately one year to the next community Revitalization Grant application deadline.
E. PROGRAM BUDGET
The budget on the next page indicates the manner in which CDBG Funds will be allocated among programs for the 1992 grant year. The total budget is comprised of a federal allocation from HUD, along with a state match equivalent up to 2% of the federal allocation. The amount of the federal allocation is unknown at this time but is expected to be approximately $9,800,000. The only program for which the budget remains uncertain is the Community Revitalization Grant Program. The budget for this program will be equal to the total budget less the amounts budgeted for all other programs. The maximum amount available for every other program will be that amount indicated in the following budget.
COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM BUDGET GRANT YEAR 1992
Total FY 1992 CDBG Program Budget 1 | $10,768,000 |
Port Facility Reallocation | 674,874 |
MAXIMUM BUDGET | |
1. Planning Grant Program | 100,000 |
2. Reserved Grant Program | 2,587,000 |
3. Development Fund | 750,000 |
4. Technical Assistance Grant Program | 200,000 |
5. Interim Finance Program 2 | See Below |
6. Urgent Needs Grant Program | 300,000 |
7. Affordable Housing Planning Grant Program | 150,000 |
8. Emerging Opportunity Fund | 450,000 |
9. Community Revitalization Grant Program 3 | 6,231,000 |
1 The total program budget is comprised of a federal allocation of $10,768,000 plus a State match expected to equal at least 2% of the federal allocation.
2 The budget for the Interim Finance Program is comprised of monies not yet disbursed from each of the other programs. These monies are lent on a short term basis. The maximum budget for this program is $5,000,000. This program is capitalized only as loans are issued.
3 The budget for this program is comprised of the total program budget less the amounts budgeted for programs 1, 2, 3, 4, 6, 7, 8 above and state administration described in Section I(C) of this Final Statement.