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This document provides guidelines for applying for Community Development Block Grant (CDBG) funds aimed at economic development in Nebraska, detailing eligibility criteria, application processes,
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How to fill out 2009 cdbg economic development

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How to fill out 2009 CDBG Economic Development Application Guidelines

01
Gather necessary documentation such as financial statements and project descriptions.
02
Review the CDBG Economic Development Application Guidelines thoroughly.
03
Complete the application form, ensuring all sections are filled out accurately.
04
Provide clear and detailed descriptions of the proposed economic development project.
05
Include evidence of community need and how the project will address it.
06
Detail the anticipated outcomes and benefits of the project to the community.
07
Attach all required supporting documents, such as budgets, maps, and letters of support.
08
Review the application for completeness and accuracy before submission.
09
Submit the application by the specified deadline to the appropriate agency.

Who needs 2009 CDBG Economic Development Application Guidelines?

01
Local governments seeking federal funding for economic development projects.
02
Non-profits involved in community development and economic growth initiatives.
03
Businesses looking to expand or improve services that will benefit the community.
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People Also Ask about

Because of the DRRA amendment, a grantee can provide a subsidized loan (e.g., a forgivable loan or a loan with an interest that is lower than market rate) using CDBG-DR funds to address a loss suffered because of a major disaster or emergency for DRRA Qualifying Disasters when the grantee could not assist the activity
What is a Community Development Block Grant (CDBG)? The Community Development Block Grant is a federally funded grant program administered by the U.S. Department of Housing and Urban Development (HUD), aimed to assist low to moderate-income communities in community development projects.
CDBG funds can help support this dream by providing funds to income eligible households to purchase an existing or newly constructed home. This section reviews the eligible activities under the CDBG program for home purchase activities.
24 CFR Part 570 contains the Community Development Block Grant (CDBG) Program Regulations.
Pros of Nonprofit Grants Unlike loans, grants don't have to be paid back, which can provide much-needed flexibility for organizations. Once a nonprofit receives a grant, they are more likely to receive grants from others, as their reliability and dependability have been established.
Eligible Activities CDBG funds may be used for activities which include, but are not limited to: Acquisition of real property. Relocation and demolition. Rehabilitation of residential and non-residential structures.
If CDBG funds are spent, but the project is not finished within a reasonable period of time, HUD will determine that no National Objective was met and will require that all funds expended be repaid out of non-federal dollars.

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The 2009 CDBG Economic Development Application Guidelines provide instructions and criteria for organizations seeking Community Development Block Grant (CDBG) funding for economic development projects aimed at enhancing economic opportunities in communities.
Entities such as local governments, non-profit organizations, and for-profit businesses looking to obtain CDBG funding for eligible economic development projects are required to file these guidelines.
Applicants must follow the provided templates and instructions, completing all required sections of the application, including project description, budget details, and supporting documents as specified in the guidelines.
The purpose of these guidelines is to outline the process for applying for CDBG funding, ensuring that applicants understand the eligibility requirements, funding limitations, and reporting expectations related to economic development initiatives.
Applicants must report detailed project descriptions, expected outcomes, funding needs, timelines, and any relevant demographic and economic data that supports the viability and impact of the proposed project.
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