Click here for a list of eligible NYS Community Development Block Grant (CDBG) applicants.
Refer to the Help section for additional guidance.
Lobbying and political activities are not eligible under Section 105(a)(17) of the Housing and Community Development Act of 1974.
Refer to the Scoring Tips for additional guidance.
Cost estimates must be provided for the entire project cost, not only the NYS CDBG portion of the project.
Sample text: [City, Town, Village, County Name] will use $400,000 in NYS CDBG funds to assist in the expansion of [Business Name]. The total project cost will be $5,000,000 with $2,000,000 from owner equity, $2,000,000 from [Bank Name], and $600,000 from other grant sources (specify). The project proposes to create 50 full-time jobs, of which 38 will be made available to low- and moderate-income persons.
Refer to the Help section for a detailed list of information required to answer the question completely.
The description should be specific and provide sufficient detail concerning:
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.
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.
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.
Refer to the scoring tips for additional guidance.