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Item 5: 2012/13 Funding Allocations for CDBG and HOME
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Item 5: 2012/13 Funding Allocations for CDBG and HOME
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4/23/2012
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coordination with the Accessibility Committee of the Human Rights Commission to identify and <br />prioritize placement of curb ramps. <br /> <br />Accessible Pedestrian Signals <br /> – No new funds are recommended to support the installation of <br />Accessible Pedestrian Devices (APDs) at existing signalized intersections to remove barriers for persons <br />with disabilities. Some funds previously allocated for accessible pedestrian signals are available for use <br />in FY 2012/13. The Public Works Department works in coordination with the Accessibility Committee <br />of the Human Rights Commission to identify and prioritize placement of accessible pedestrian signals. <br /> <br />Business Development Fund <br />– No new funds are recommended as the program can sustain itself <br />through prior year allocations and $1,100,000 in program income is estimated to finance loans to <br />businesses resulting in the creation of jobs for low-income persons. The Business Development Fund is <br />a CDBG revolving loan fund for new and expanding local businesses that promotes job creation for low- <br />and moderate- income individuals. Although the program is mainly focused on job creation, <br />commercial revitalization projects that eliminate conditions of slums and blight are also eligible. <br /> <br />Lane MicroBusiness <br />–$29,926 is recommended to support microenterprise training conducted by Lane <br />MicroBusiness (aka eDEV). These funds will provide microenterprise business development services <br />such as training, education, and workshops for Eugene low-income micro-business entrepreneurs. <br /> <br />Administration <br />– $450,000 is requested for administration which includes support for project <br />implementation, development of the annual action plan and year-end report, staff support for the CDBG <br />Advisory Committee, fair housing activities contracted with Fair Housing Council of Oregon, the City’s <br />Central Services allocation, the annual audit, general program administration, and other regulatory <br />compliance requirements. Administration costs are 16.6% of CDBG entitlement and program income. <br />S:\CMO\2012 Council Agendas\M120423\S1204235.doc <br /> <br />
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