Community Development Block Grants/Brownfields Economic Development Initiative

 

To return Brownfields to productive economic use by assisting units of general local government in carrying out economic development projects on contaminated land or buildings. BEDI grants are designed to enhance the security of loans guaranteed under the Section 108 program or improve the viability of projects financed with Section 108 funds.

Deleted 01/15/2013 (Archived.) 14.246 Agency: Department of Housing and Urban Development
Office: Office of Community Planning and Development PROJECT GRANTS Not Applicable. Housing & Community Development Act of 1974, as amended, Public Law 93-383, 42 U.S.C 5308(q). Units of general local government eligible to receive Community Development Block Grant funds. The principal beneficiaries are low and moderate income persons. Costs will be determined in accordance with OMB Circular No. A-87 for State and local governments. OMB Circular No. A-87 applies to this program. Preapplication coordination is required. Environmental impact information is not required for this program. This program is eligible for coverage under E.O. 12372, "Intergovernmental Review of Federal Programs." An applicant should consult the office or official designated as the single point of contact in his or her State for more information on the process the State requires to be followed in applying for assistance, if the State has selected the program for review. OMB Circular No. A-102 applies to this program. OMB Circular No. A-110 applies to this program. Proposals may only be submitted in response to competitions announced in a Federal Register publication. The Federal Register publication of a Notice of Funds Availability (NOFA) will detail the purpose of each separate program, the application deadlines, the funds available for each competition, the submission requirements and the competitive factors that will be considered in awarding grants. Competitive, based upon factors published in a Federal Register NOFA or posted on HUD.GOV. Contact the headquarters or regional office, as appropriate, for application deadlines. From 90 to 120 days. Public award announcements made after completion of grant competition. From 120 to 180 days. HUD will provide post announcement debriefing upon request. HUD has authority to correct substantive errors, which may change competitive ranking of application. Not Applicable. Based upon competitive factors contained in the NOFA. Assistance may be used for any activity eligible under Section 108(a) of the Housing and Community Development Act of 1974, except that fiscal year 2008/09 grant funds may not be used to fund reserves. Grant funds may only be used in conjunction with a new, that is, not yet approved, Section 108 Loan for the same project. Annual reports of use of funds as part of Grantee's Community Development Block Grant annual report. Program participants are covered by standard federal cash transaction rerports applicable to the Community Development Block Grant (CDBG) program. Progress reports are not applicable. Expenditure reports are not applicable. Performance monitoring is required using performance logic models required to be submitted with application. In accordance with the provisions of OMB Circular No. A-133 (Revised, June 27, 2003), "Audits of States, Local Governments, and Non-Profit Organizations," nonfederal entities that expend financial assistance of $500,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Nonfederal entities that expend less than $500,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in Circular No. A-133. The applicant must maintain original source records with regard to expenditures of funds for authorized program activity as well as records on subrecipient and activity eligibility, national objectives, financial management, citizen participation, relocation, environmental impact, labor standards, equal opportunity and other requirements set forth in the regulations. This program has no statutory formula.
Matching Requirements: Percent: 100.%. Must be used in conjunction with a Section 108 Loan Guarantee and must be matched at a minimum of $1:$1 of BEDI to Seciton 108.
MOE requirements are not applicable to this program. Projects should be completed within a five year period. Funds would be accessed by line of credit in the same ratio as the amount of BEDI grant funds compared with the amount of Section 108 Loan funds committed by the applicant for the project. Method of awarding/releasing assistance: by letter of credit. None. Contact appropriate HUD Field Office listed in Appendix IV of the Catalog. Robert Duncan, Room 7140, Dept. of HUD, 451 7th Street, SW , Washington, District of Columbia 20410 Email: Robert.Duncan@HUD.GOV Phone: (202) 402-4681. http://www.hud.gov/offices/cpd/bedi 86-0314-0-1-451; 86-0162-0-1-451. (Project Grants) FY 09 $10,000,000; FY 10 $17,325,000; FY 11 $0. (Project Grants) FY 09 $165,311,000; FY 10 $172,844,000; FY 11 $0 $500,000 to $2,000,000. Administrative Regulations are the same as for the Community Development Block Grants found at 24 CFR Part 570. Not Applicable.