Department of Community & Economic Development Budget: $6,061,86
Community and Economic Development Programs ➢ Utah County Community Development Block Grant (CDBG) ➢ Wasatch and Summit State Small Cities CDBG ➢ Lehi CDBG ➢ Mountainland Economic Development District ➢ Revolving Loan Fund (Small Business Loan Fund)
Community Development Block Grant (CDBG) U.S . Department of Housing and Urban Development Utah County Lehi City State of Utah Regional Review Area Review Committee Lehi City Council Committee Mountainland Association of Governments Sub-Recipients in Wasatch and Summit Counties Sub-Recipients
Utah County CDBG FY17 – FY19 Eligible Jurisdictions Opted Out Entitlement Cities American Fork Alpine Lehi Cedar Fort Eagle Mountain Orem Cedar Hills Fairfield Provo Elk Ridge Highland Genola Woodland Hills Goshen Lindon Mapleton Payson Pleasant Grove Salem Santaquin Saratoga Springs Spanish Fork Springville Vineyard
Utah County CDBG FY19 ➢ Estimated $1.2M is available in FY 2019 for eligible Utah County jurisdictions, non-profits, and other organizations for community and economic development projects ➢ How to Apply Workshops were held Wednesday, October 24 th . ➢ Pre-Applications are due November 26, 2018 ➢ Final applications are due February 22, 2019
CDBG Collaboration ➢ Larger more impactful projects ➢ Less administration ➢ Less red tape for nonprofits ➢ Joint How to Apply Workshops October 23 rd and 30 th
CDBG Collaboration House of Hope - $185,000 Orem 11% - $20,350 • Replacing doors, decks, roofs on client Provo 38% - $70,300 bungalows Utah County 48%- $88,800 • Install commercial playground Match – 3% - $5,550 • Repave parking lots • Improve interior of main building Family Support and Treatment Center - $275,000 Orem 27% - $74,250 • Replace HVAC system and copper piping Provo 17% - $46,750 • Install new LED lighting, carpet, and attic Utah County 49% - $134,750 insulation Match 7% - $19,250 • Raise parking lot
Wasatch & Summit State Small Cities CDBG ➢ Estimated $545,000 for FY2019 ➢ How to Apply Workshop Thursday, November 1, 2018 ➢ Applications due February 1, 2019
Lehi City CDBG ➢ Lehi City became an Entitlement City in 2014 ➢ MAG began administering the program in 2018 ➢ Approximately $225,000 per year for eligible projects located in Lehi ➢ All projects and priorities approved by Lehi City Council
Mountainland Economic Development District ➢ A planning organization for the Economic Development Administration (EDA) ➢ Includes Utah, Summit and Wasatch Counties ➢ Administered by Mountainland Association of Governments ➢ A 5 year Comprehensive Economic Development Strategy (CEDS) with Annual Updates is a requirement of the EDA – New CEDS in 2018 ➢ EDA grant funding is based upon the needs and objectives identified in the CEDS
Mountainland Economic Development District
Revolving Loan Fund ➢ Revolving Loan Fund – $10,000 - $100,000 loans to existing and start-up businesses in our region “ Grow owing ng the Econ onomy omy of the Mountai ainl nland and Region one business at a time”
Revolving Loan Fund ➢ 61 totaling $2,288,282 ➢ 14 Loans in Summit County, 27 Loans in Utah County, 20 Loans in Wasatch County ➢ 162 Jobs retained/jobs created ➢ $14,125/per job Federal requirement is $35,000 per job ▪ ➢ Currently Servicing 25 Loans ➢ Terms from 6 months to 5 years ➢ Rates 7%-8%
"Coffee With a Paws" Every time you drink a cup of Hugo Coffee, you help a rescue dog in need. Whether a nutritious breakfast, a comfortable bed or some extra fun play time with a volunteer, proceeds from each bag sold support accredited and vetted rescue organizations, including Best Friends Animal Society and Nuzzles & Co.
Questions? Michelle Carroll 801.229.3833 mcarroll@mountainland.org
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