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Budget: $6,061,86
Department of Community & Economic Development Budget: $6,061,86 - - PowerPoint PPT Presentation
Department of Community & Economic Development Budget: $6,061,86 - - PowerPoint PPT Presentation
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
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Community Development Block Grant (CDBG)
U.S . Department of Housing and Urban Development Utah County Mountainland Association of Governments Sub-Recipients Lehi City State of Utah Sub-Recipients in Wasatch and Summit Counties
Lehi City Council
Regional Review Committee Area Review Committee
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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
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Utah County CDBG FY19
➢ Estimated $1.2M is available in FY 2019 for eligible Utah County jurisdictions, non-profits, and other
- rganizations for community and economic
development projects ➢ How to Apply Workshops were held Wednesday, October 24th. ➢ Pre-Applications are due November 26, 2018 ➢ Final applications are due February 22, 2019
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CDBG Collaboration
➢ Larger more impactful projects ➢ Less administration ➢ Less red tape for nonprofits ➢ Joint How to Apply Workshops October 23rd and 30th
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CDBG Collaboration
House of Hope - $185,000
- Replacing doors, decks, roofs on client
bungalows
- Install commercial playground
- Repave parking lots
- Improve interior of main building
Family Support and Treatment Center - $275,000
- Replace HVAC system and copper piping
- Install new LED lighting, carpet, and attic
insulation
- Raise parking lot
Orem 11% - $20,350 Provo 38% - $70,300 Utah County 48%- $88,800 Match – 3% - $5,550 Orem 27% - $74,250 Provo 17% - $46,750 Utah County 49% - $134,750 Match 7% - $19,250
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Wasatch & Summit State Small Cities CDBG
➢Estimated $545,000 for FY2019 ➢How to Apply Workshop Thursday, November 1, 2018 ➢Applications due February 1, 2019
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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
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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
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Mountainland Economic Development District
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Revolving Loan Fund
➢Revolving Loan Fund –$10,000 - $100,000 loans to existing and start-up businesses in our region
“Grow
- wing
ng the Econ
- nomy
- my of the Mountai
ainl nland and Region one business at a time”
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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%
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"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.
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Questions?
Michelle Carroll 801.229.3833 mcarroll@mountainland.org