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

Universal Citation: 19 ME Code Rules ยง 498-7-1

Current through 2024-13, March 27, 2024

A. CDBG OBJECTIVES

The objective of the Maine CDBG Program is to serve as a catalyst for local governments to implement programs which:

1. benefit low and moderate income people.

2. are part of a long range community strategy;

3. improve deteriorated residential and business districts and local economic conditions; and

4. provide the conditions and incentives for further public and private investment;

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:

1. Community Revitalization Grants: To assist communities with programs which provide financing for local housing, economic development and public facility activities which are part of a community development strategy and which will lead to future public and private investments.

2. Planning Grants: To assist communities in the final development of their CDBG strategies that address specific community development problems.

3. Reserved Grants: To provide funding for the second year of a CDBG grant initially determined in the previous year.

4. Development Fund: To provide financial resources to local governments which in turn assist businesses to create jobs or housing opportunities for low and moderate income people.

5. Technical Assistance Grants: To build local and regional community development capacity through workshops, site visits, and other training conducted by the State and regional organizations.

6. Interim Finance Program: To utilize undisbursed monies in the State's Letter of Credit for grants to localities to assist businesses or developers create housing and job opportunities for low and moderate income people through short-term loans.

7. Urgent Needs Grant Program: To enable communities to address community development needs having a particular urgency.

8. Affordable Housing Planning Grants: To enable communities to gather, analyze, and provide information required for the development of projects to promote affordable housing.

9. Emerging Opportunity Fund: To provide financial resources to local governments in Title IX areas designated by the federal Economic Development Administration (EDA) which can use the EOF assistance as leverage to obtain funds under the EDA Economic Adjustment Assistance Program (Title IQ and the EDA Public Works Program (Title Q.

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.

Disclaimer: These regulations may not be the most recent version. Maine may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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