Community Development Applications Reopen for 2020 – Deadline is May 22
SARATOGA SPRINGS — The Community Development Department is reopening applications for the 2020 CDBG Program Year. Available funding for this program remains unchanged at $315,491. In addition, the City has been allocated additional funding by HUD through the CARES Act to prevent, prepare for, and respond to the coronavirus pandemic. This CDBG-CV funding totals $181,629, and must be used for COVID-19 related activities benefiting the low-moderate income population.
Applications for these funding sources will be accepted via the city’s website until noon on May 22, 2020.
The Community Development Block Grant (CDBG) program, created in 1974, has as its goal the development of viable urban communities through housing, economic development, elimination of slums and blight, expansion of community services and neighborhood revitalization.
The city of Saratoga Springs receives an annual allocation of federal funds based on a formula that takes into consideration total population, population change, age and condition of housing stock, and poverty.
The primary objective of the CDBG program is to benefit persons of low and moderate income. By federal regulation, the city must allocate at least 70% of its annual CDBG funding on activities that benefit persons of low and moderate income, households, and neighborhoods.
The CDBG program is administered locally by the Saratoga Springs Office of Community Development.
In light of the developing needs arising from the current pandemic, the city is re-opening applications for the 2020 Entitlement Program Year and has been allocated additional funding (CDBG-CV) through the CARES Act to prevent, prepare for, and respond to the coronavirus pandemic. CDBG-CV funding essentially follows all the same eligibility requirements of traditional CDBG Entitlement funding. However, the CARES Act allows for unlimited COVID-19 related pre-award costs, but reimbursement of eligible costs is only applicable for new CDBG-CV funding and does not apply to 2019 or 2020 funds.