X hits on this document

37 views

0 shares

0 downloads

0 comments

4 / 12

DUBLIN, GA

POSSIBLE FUNDING SOURCES

PROGRAM TITLE & DESCRIPTION

Capital Outlay for Public School Facilities Construction Eligible Activities: Grants for new construction, renovation, and modifications of public school facilities. Total Funding: Determined annually by the Georgia General Assembly. Maximum per Project: Determined by project application. Match Requirements: 10% - 25% local matching funds required.

Community Development Block Grant — Loan Guarantee Program (Section 108 Program) Eligible Activities: Loans for (a) Acquisition of improved or unimproved real property, including acquisition for economic development purposes; (b) Rehabilitation of real property owned or acquired by the public entity or its designated public agency; (c) Payment of interest on obligations guaranteed under the 108 program; (d) Clearance, demolition and removal, including movement of structures to other sites, of buildings and improvements on real property acquired or rehabilitated pursuant to activities a and b of this section; (e) Site preparation, including construction, reconstruction, or installation of public and other site improvements, utilities, or facilities (other than buildings), which is related to the re- development or use of the real property acquired or rehabilitated pursuant to activities a and b of this section, or for an economic development purpose; (f) Payment of issuance, underwriting, servicing, trust administration and other costs associated with private sector financing of debt obligations under the 108 program; (g) The acquisition, con- struction, reconstruction, rehabilitation or installation of commercial or industrial buildings, structures, and other real property equipment and improve- ments, including railroad spurs or similar extensions. Total Funding: twenty percent (20%) of its current and future CDBG allocations Maximum per Project: $5,000,000 Match Requirements:

Community Development Block Grant Program — Regular Round Eligible Activities: Grants for housing improvement projects, public facilities such as water and sewer lines, buildings such as local health centers or headstart centers, and economic development projects. Total Funding: Approximately $43 million per year. Maximum per Project: Single-Activity: $500,000; Multi-Activity: $800,000 Match Requirements:

  • Grants up to $300,000, or grants for single activity housing projects - no matching funds required.

  • Grants of $300,000 to $500,000 – 5% local matching funds required.

  • Grants of more than $500,000 – 10% local matching funds required.

ADMINISTERING AGENCY/CONTACT

Georgia Department of Education Facilities Services Unit 1670 Twin Towers, East Atlanta, Georgia 30334

William Jerry Rochelle, Ph.D. (404) 656-2454

Georgia Department of Community Affairs 60 Executive Park South, NE Atlanta, GA 30329

Brian Williamson (404) 679-1587 bwilliam@dca.state.ga.us

Georgia Department of Community Affairs 60 Executive Park South, NE Atlanta, Georgia 30329

Susan McGee (404) 679-3176 smcgee@dca.state.ga.us

APPENDIX

38

Document info
Document views37
Page views37
Page last viewedThu Dec 08 15:11:51 UTC 2016
Pages12
Paragraphs326
Words3785

Comments