1. Georgia Department of Community Affairs CDBG Economic Development Redevelopment Fund Program (RDF) Staci Tillman  December 4, 2014

2. Eligible Redevelopment Fund Program (RDF) Activities December 4, 2014 Activities that are eligible under the Housing and Community Development Act of 1974, as amended, and the HUD implementing regulations applicable to the State CDBG Program are eligible for funding under this special redevelopment set-aside.  For projects that will be used for housing, the minimum benefit to low- to moderate income (LMI) persons must be at least 70 percent.  For public facility activities benefiting residents in a particular service area, 70 percent of the people benefiting from the use of the facility must be LMI persons.  For projects that will create or retain permanent jobs, at least 51 percent of the benefit must be made available to LMI persons.  For projects that will benefit specific groups of persons rather than everyone in the area, at least 51 percent of the beneficiaries of an activity must be LMI persons.

3. National Objective-Elimination of Slums and Blight There are two categories that can be used to qualify activities under this National Objective:  Prevent or eliminate slums and blight on an “area basis” or  Prevent or eliminate slums and blight on an “spot basis”

4. Available Funding Annual Competition $36.2 million CDBG allocation EIP$8 million set-aside RDF$1.5 million set-aside Immediate Threat $500,000 set-aside CDBG Funds from U.S. Housing and Urban Development (HUD)

5. Spot Basis Spot Basis eligible activities:  Acquisition  Clearance  Relocation  Historic preservation  Building rehabilitation activities which eliminate specific conditions of blight or physical decay on a spot basis that may not be located in a slum or blighted area

6. Spot Basis Spot Basis eligible activities:  Under this standard, the activity is limited to the extent necessary to eliminate specific conditions detrimental to the public health and safety.  Example activities include: elimination of faulty wiring, falling plaster, or other similar conditions which are detrimental to all potential occupants; historic preservation of a public facility; and demolition of a vacant, deteriorated building.

7. Area Basis  The area, delineated by a unit of local government, meets a definition of a blighted, deteriorated, deteriorating, or slum area under state or local law;  Throughout the area there is a substantial number of deteriorating buildings or the public improvements are in a general state of deterioration;

8. Area Basis  The assisted activities address one or more of the conditions which contributed to the deterioration of the area; and  The local government keeps records sufficient to document its finding that a project meets the National Objective of elimination or prevention of slums and blight.

9. Redevelopment Fund Program (RDF) Eligible Activities:  Projects must alleviate a “slum or blighted” condition  Grants - Public infrastructure, public facilities  Loans - to acquire and alleviate blighted buildings/facilities  Loan repayments may be placed in an existing local Revolving Loan Fund (RLF) or establish a new fund.  Any new jobs must be available to low- and moderate-income persons

10. Ineligible CDBG-RDF Activities  Machinery and Equipment (HVAC systems)  Working Capital  Refinancing  Speculative Projects  Capacity Building  General Conduct of Government  Project Not Meeting Federal Guidelines  Using Federal Funds to relocate businesses (There are Restrictions)

11. Example RDF Eligible Activities  Acquisition and clearance of blighted property;  Renovation and reuse of abandoned historical buildings;  Commercial revitalization through facade improvements (grant/loan);  Removal of environmental contaminants on property to enable it to be redeveloped for a specific use.

12. Example RDF Eligible Activities Spot Basis  Facade improvements with restrictions  Building rehabilitation with restrictions  Removal of environmental contaminants  Demolition  Building acquisition  Pedestrian walk way with restrictions Area Basis  Facade improvements  Building rehabilitation  Removal of environmental contaminants  Demolition and construction  Building acquisition  Pedestrian walk way

13. Successful Spot Basis Projects City of West Point – West Point 2100 City of Braselton – Braselton Brothers Store Complex

14. John VanBrunt Field Representative Office of Economic Development

15. City of Braselton  Recipient : City of Braselton  Grant Amount : $500,000

16. City of Braselton

18. City of Braselton [Before]

19. City of Braselton: Source and Use SourceAmountUseAmount RDF$500,000Renovations$425,000 Architectural Services$ 50,000 Grant admin.$25,000 City of Braselton$985,000Building (donated)$835,000 Renovations$137,000 Architectural Services$13,000 Companies$322,000Value of business (existing)$322,000 TOTAL$1,807,000TOTAL$1,807,000

20. City of Braselton: Progress

21. City of Braselton

22. Braselton Triumph

23. Patrick Vickers Field Representative Office of Economic Development

24. Kelly Folsom Lane Field Representative Office of Economic Development

25. Successful Area Basis Project City of Thomasville - Victoria Place

26. Thomasville RDF Award  RDF Grant to City of Thomasville for land acquisition, building rehab and expansion of a blighted structure in the Victoria Place Urban Redevelopment Area to be used as the newly instituted Housing and Resource Center  Grant Amount $270,884; TPC $413,291  Center is fully occupied by 5 non profits (Red Cross, Habitat for Humanity, Relief from the Streets, Lives without Limits, and Keep Thomas County Beautiful)  Has provided services to 329 persons as of July 2013

27. Thomasville RDF Source and Use SourceUseAmount RDFAcquisition fees/Rehab$270,884 CityConstruction/Admin$ 79,048 Flowers Baking Co.Construction/Land$ 57,167 Habitat for HumanityBuilding$ 3,192 Hands on Thomas Building Rehab$ 3,000 Total Project Cost $413,291

28. Thomasville Housing & Resource Center

29. Things to Remember  Identify your project on “Spot Basis” or “Area Basis”  Verify that your activities are eligible  Document need, costs and support of organizations, banks & businesses  Debt – credit underwriting and terms

30. Funding Opportunities for Downtown Projects Downtown Development Revolving Loan Fund Georgia Cities Foundation CDBGRedevelopment Fund Eligible Applicants Cities < 100,000 population Counties < 100,000 population Cities No population limit Cities Counties Cities Counties Program Focus Assist communities with revitalizing downtowns by providing funding for quality downtown projects Projects that primarily benefit low/moderate income persons ‘Elimination of slum and blight’ Funding Limit $250,000/project $500,000/project

31. RDF and RLF Program Support Contacts Staci Tillman –Redevelopment Program Manager (404) 679-0668 staci.tillman@dca.ga.govstaci.tillman@dca.ga.gov Michael Casper – Local RLF Coordinator (404) 679-0594 michael.casper@dca.ga.govmichael.casper@dca.ga.gov

32. Economic Development Representative Contacts Jennifer Fordham – Southeast Georgia (912) 865-4212 jennifer.fordham@dca.ga.gov Kelly Lane – South Georgia (229) 896-4259 kelly.lane@dca.ga.gov John VanBrunt – At-Large (404) 327-6871 john.vanbrunt@dca.ga.gov Tonya Mole – Southwest Georgia (404) 852-6876 tonya.mole@dca.ga.gov Patrick Vickers – Northwest Georgia (404) 679-3151 patrick.vickers@dca.ga.gov Rusty Haygood – Field Services Office Manager & Northeast Georgia (404) 977-1429 rusty.haygood@dca.ga.gov