Missed Funding Opportunities CDBG Scott Wright “Investing In Our Local Communities”

“Investing In Our Local Communities” Community Development Block Grant Funded by Department of Housing and Urban Development (HUD) Public Infrastructure (36%) Housing (24.7%) Administrative and Planning (14.2%) Economic Development (6.3%) 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

“Investing In Our Local Communities” New Mexico CDBG Benefit low to moderate income Eligible applicants Colonias Designated and within 150 miles of boarder 10% of annual allocation Lack of potable water Lack of adequate sewage Lack of decent, safe and sanitary housing 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

“Investing In Our Local Communities” Planning Grants ($209,705 Available in 2018) Municipalities, counties, water associations, water and sanitation districts and land grants $50,000 max with 5%-10% match Comprehensive Plans are priority Land use, housing, transportation, infrastructure, economic development, water & hazards Competitive application process 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

“Investing In Our Local Communities” Missed Funding Opportunities For Planning 2017 Allocation = $507 K No applications received 2016 Allocation = $500 K 1 application received & funded for $50 K Over last 2 years, $957,000 allocated and unspent 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

“Investing In Our Local Communities” Economic Development Grants ($500,000 Available in 2018) 3 Parties: LGD, county/municipality, for profit/non-profit $500,000 max with 100% match 1 LMI job per $50,000 (CDBG) Extensive planning and preparation Government regulation and private sector 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

“Investing In Our Local Communities” Missed Funding Opportunities for Econ. Dev. 2017 Allocation = $1 million No applications received 2016 Allocation = $1.28 million 2 Grants funded for $1 million Over last 2 years, $1.28 million allocated and unspent 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

“Investing In Our Local Communities” Housing $65,000 max per home (rehab/repair) Counties and Municipalities Housing Authorities Governmental housing specialists Match: 10% non-rural, 5% rural 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

“Investing In Our Local Communities” (Not So) Missed Funding Opportunities for Housing 2017 Allocation = $0 2016 Allocation = $1 million 2 Grants funded for $1 million 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

“Investing In Our Local Communities” CDBG Infrastructure Projects Low-to-moderate income beneficiaries (<51%) $750,000 max with 5/10% match Competitive cycle each year Water, wastewater, street, drainage, public facilities 2 year grant agreements 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

“Investing In Our Local Communities” CDBG Infrastructure Projects 45 current projects totaling $22.5 million 20 projects from 2018 totaling $13.2 million If this funding is already committed…How is this a funding opportunity? 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

“Investing In Our Local Communities” Slow Spending 2017 Projects: $638 K of $10.76 million spent (6%) 2016 Projects: $3.8 million of $6.5 million spent (58%) 2015 Projects: $2 million unspent from 7 Grantees 2014 Project (1) still open 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

“Investing In Our Local Communities” Grant Reversions Since January, reverted $2.5 million $3.25 million by end of the year Common reasons to revert Construction is under budget Delays invalidate cost estimates Easements Bidding and subcontractors Nothing 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

“Investing In Our Local Communities” Reverted $ Stays in New Mexico NM is evaluated (in part) on cash flows Prioritize shovel-ready projects Need is greater than the funding availability 2017 CDBG Implementation Workshop “Investing In Our Local Communities” “Focus on Success”

“Investing In Our Local Communities” Thank you Any Questions “Investing In Our Local Communities”