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connected to centralized sewer). The grant has recently been closed and the County is now eligible to apply for a new CDBG. For the 2014 CDBG cycle, the application submittal deadline is tentatively March 12, 2015. In order to apply for up to $750,000 in CDBG funds, the Board of County Commissioners must hold a Fair Housing Workshop as well as two separate public hearings. DESCRIPTION AND CONDITIONS CDBG Program Under the CDBG program, there are two groups of grant categories. The first group is comprised of three categories. These are, 1) Commercial Revitalization; 2) Housing Rehabilitation; and 3) Neighborhood Revitalization. Indian River County may receive a grant in only one of these three categories in this group. If awarded a Commercial Revitalization, Housing Rehabilitation, or Neighborhood Revitalization grant, the county may not apply for another grant in any of those three categories until that grant is closed. Following is a description of each of the three CDBG categories: 1. Commercial Revitalization Various improvements may be funded in commercial areas. Eligible projects include parking facilities, drainage, street paving, sidewalks, lighting, recreation facilities, potable water services, and sanitary sewer services. This category is very competitive. 2. Housing Rehabilitation Substandard housing occupied by income eligible households may be rehabilitated to meet code requirements. Both owner occupied and rental housing may be included. Recipients are eligible in the entire jurisdiction. Dilapidated housing may be demolished and cleared, and financing is provided to the displaced occupants for replacement housing. 3. Neighborhood Revitalization This category is primarily for potable water and sanitary sewer installation or replacement (including hook-ups), street paving, and drainage improvements in low/moderate income neighborhoods. Funds may also be used to purchase and develop property as sites for low/moderate income housing. This is a very competitive grant category. The Second Group consists only of the Economic Development category. This grant category is independent of the other three categories. In the same fiscal year that Indian River County applies for a grant in any category from the first group, the county may also choose to apply for funds in the 'Economic Development category. Even if Indian' River County has an open Commercial Revitalization, Housing Rehabilitation, or Neighborhood Revitalization grant, an economic development CDBG application can still be submitted to the Department of Community Affairs (DCA) for consideration. The following is a description of the Economic Development category: Economic .Development Funds are available to local governments to provide necessary infrastructure or sites for new businesses or business expansions. Local governments may also lend funds directly to the 2 89