Lobbying and political activities are not eligible under Section 105(a)(17) of the Housing and Community Development Act of 1974.
The above activities are not eligible under Section 105(a)(17) of the Housing and Community Development Act of 1974.
Refer to question requirements for additional guidance.
The description should be specific and provide sufficient detail concerning:
Refer to the Help section for a detailed list of information required to answer the question completely.
This explanation of your program budget must be consistent with the budget table included in this application, as well as the Proposed Project Financing and Lien Form included as an attachment to this application. If a source is identified as committed, the applicable commitment letter must be attached where requested in the application.
Please note: If any project costs, regardless of their funding source, are incurred prior to the CDBG award date and the approval of the Request for Release of Funds by the Office of Community Renewal, the entire project may be deemed ineligible for NYS CDBG funds.
Refer to the scoring tips for additional guidance.
A thorough financial underwriting of the business and proposed project must be conducted. Each of the six (6) criteria listed above must be addressed.
The underwriting analysis along with supporting documentation must be provided as an attachment to the application.
How many jobs will be retained as a result of the proposed project, and how many of those jobs are held by low-to-moderate income persons and/or can be reasonably expected to "turn over" to LMI persons within two (2) years? Also, provide an explanation of how the LMI job standard will be met.
For further guidance, please reference program guidelines available here: https://hcr.ny.gov/community-development-block-grant-economic-development-programRefer to the Help section for additional information.
Address each of the underwriting guidelines below in your response:
Please be specific as to what information and/or documentation will be required from microenterprise applicants and what types of analysis will be performed.