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r 600K 108 PA'GAA Neighborhood Revitalization CDBG Application On December 1, 1998, the Board of County Commissioners authorized public works and community development staff to begin the procedure to apply for Neighborhood Revitalization CDBG funds for portions of the Oslo Park Subdivision. The Board also authorized staff to initiate the process to select a consultant to prepare the CDBG application and administer the grant. Staff have initiated the consultant selection process and anticipate presenting a recommendation to the Board of County Commissioners in February. According to DCA, the next Neighborhood Revitalization CDBG application cycle submission deadline is June 30, 1999. Economic Development CDBG Application While Neighborhood Revitalization CDBG applications are subject to an annual application cycle, Economic Development CDBG application time frames are different. Instead of being limited to annual cycles, Economic Development CDBG applications may be submitted monthly. In most cases, Economic Development CDBG applications are usually related to private development projects. Recently, CRA Care Centers, Inc., a privately owned company, submitted an economic development proposal to the county. Both the budget department and the community development department have reviewed this economic development proposal. As part of the proposal presented by CRA Care Centers, the county would apply for an Economic Development CDBG and then lend the CDBG funds to CRA Care Centers so that CRA Care Centers could construct an assisted living facility (ALF) in the unincorporated area of the county. According to DCA, the next economic development CDBG application cycle begins on April 5, 1999. Under the CDBG program, there are two groups of grant categories. Three CDBG categories comprise the first group. These are: Commercial Revitalization, Housing Rehabilitation, and Neighborhood Revitalization. Indian River County may choose to apply for a grant in any one of the three categories in the first group to receive funding. If awarded a Commercial Revitalization, Housing Rehabilitation, or Neighborhood Revitalization grant, the county could not apply for another grant in any of those three categories until that grant was closed. Following is descriptibn of those three CDBG categories: ► 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 an extremely competitive category. 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. 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. Other public improvements to in£rastntcture are also eligible, but are seldom funded. 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 a 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 DCA for consideration. 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 JANUARY 19, 1999 -32- 0 0