2013 CDBG Applicants’ Workshop Annual Competition Leverage and Bonus Points.

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Presentation transcript:

2013 CDBG Applicants’ Workshop Annual Competition Leverage and Bonus Points

Page CDBG Applicants’ Workshop Community Finance Division Leverage- Basic Principles Up to 25 points Firm commitments required Activities must be CDBG eligible ▪See Manual for exceptions Leverage must be related and timely December 12-14, 2012

Page CDBG Applicants’ Workshop Community Finance Division Leverage- Basic Principles What is not leverage? ▪Operation and maintenance ▪Costs not clearly related in terms of benefit or location ▪Contingencies December 12-14, 2012

Page CDBG Applicants’ Workshop Community Finance Division Leverage- Basic Principles December 12-14, 2012 No leverage Leverage Area of Benefit Target Area Leverage

Page CDBG Applicants’ Workshop Community Finance Division Leverage- Basic Principles December 12-14, 2012 Leverage Area of Benefit Target Area Boundary TA Population of at least 70% LMI Target Area Area of Benefit Target Area Pop Area of Benefit Pop

Page CDBG Applicants’ Workshop Community Finance Division Leverage- Basic Principles Be Realistic! December 12-14, 2012

Page CDBG Applicants’ Workshop Community Finance Division Bonus Points Procurement Environmental Reviews Acquisition A/E Plans Contract Documents December 12-14, 2012

Page CDBG Applicants’ Workshop Community Finance Division Questions December 12-14, 2012