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CDOG-E-4 <br />PROJECT IMPACT <br />B. PUBLIC LEVERAGE, NON -LOCAL, SOURCES - Leverage from public funds including grants and loans <br />from sources reflected on CDBG-E-3(1), Sources and Lases of Funds: <br />The following establishes points far funds that have been contracted for or awarded to the local government from <br />a loan fund or grant source other than CDBG, the local government, or a political subdivision of the local <br />government, for complementary activities to be begun or completed during the term of the CDBG grant based upon <br />the amount of that commitment. The funds must be used for CDBG eligible activities that enhance or expand the <br />scope of the CDBG activities or project, are in direct support of the job creating entities, or are necessary for the <br />completion of the proposed CDBG funded activities. In order to be awarded these points, the funds must have been <br />awarded in writing to the local government from the loaning or granting entity prior to the application deadline dale. <br />Additionally, the local government must agree to contract for the expenditure of the portion of those funds claimed <br />for points. If bonds or other loan sources are to provide the funding, the bonds must be approved and ready to sell, <br />or the loan must be fully approved, subject only to the receipt of CDBG or other federal funding. Those funds <br />claimed for points in this section must be expended after the date of the site visit and prior to the date of the <br />submission of the administrative closeout. <br />Funds from grant or loan programs that utilize a pre -application or preliminary approval with a subsequent formal <br />invitation to apply process, such as RD (formerly FmHA or RECD) or the U,S, Department of Commerce, Economic <br />Development Administration (EDA), are eligible if no contract has been executed only if the local government can <br />document the following: <br />The local government has received a wrillen formal Invitation to apply or a preliminary approval within 12 <br />months of the receipt date of the CD8G application and has executed an engineering contract for <br />preparation of the preliminary engineering report and the project feasibility sludy; or <br />\The local government has received a written formal invitation to apply or a preliminary approval no longer <br />than 24 months prior to receipt of the CDBG application, has received notification that the grantor has <br />accepted the preliminary engineering report and project feasibility study, the grantor has completed the <br />environmental assessment, and the grantor has provided the local government with the documents to issue <br />and publicize a finding of no significant impact. <br />Funding Source Amount <br />1. $ <br />2. $ <br />3. $ <br />4. $ <br />TOTAL B. $ <br />Score one point for each $10,000 in granVIcan funds used for leverage <br />in TOTAL B. (DON OT ROUND UP). Score _ - ONE ., <br />75 maximum <br />NO POINTS ARE BEING CLAIMED FOR PUBLIC LEVERAGE. <br />15 <br />