Disaster Relief/Grant Information
Vermont Community Development Block Grant
Disaster Recovery (CDBG-DR)
Application Link-
http://www.springfielddevelopment.org/uploads/CDBG-DR%20Application.pdf
Workshop Registration Link-
https://vtsbdc.centerdynamics.com/Events.aspx?mode=0
CDBG-DR Grant
Announcement – December 19, 2013
Brattleboro
Development Credit Corporation and Springfield Regional Development Corporation
have received $1 million in Community Development Block Grant – Disaster
Recovery (CDBG-DR) funds through the Vermont Agency of Commerce and Community
Development (ACCD) to assist businesses with “unmet disaster recovery needs”
related to Tropical Storm Irene over one year ago. During a recent survey of
businesses, we have documented over $8 million in remaining unmet need. Unmet
need refers to those items that are a direct result of flooding that have not
yet been addressed through other means, such as FEMA, VEDA, or other grants,
loans, or contributions. Eligible use of funds include repair of structure,
repair or replace equipment, create or retain jobs, interest rate buy downs on
private loans, rent subsidies and lost rental revenue.
This will be a
highly competitive process as the documented unmet need greatly outweighs the
funding. Working
with the Business Application and Selection Criteria, a Selection Committee of
representative individuals from each Region will make determinations as to
which businesses will receive funding and the total amount of funds to be
granted to each business. There will be 3 rounds of application due dates: January 31, 2013, February 28, 2013, and
March 31, 2013. Applications must be complete to be reviewed.
Business
owners will be asked to provide an overview of their operation, the background,
financials, and project descriptions that will provide the information needed
by the Selection Committee to make determinations. The Selection Committee will
use Selection Criteria, which will include scoring on viability, impact on
community and employment, and resiliency.
To
assist with the application process, businesses are strongly encouraged to
attend one of the workshops being provided in partnership with Small Business
Development Corporation (SBDC) at either the Brattleboro or Springfield
location. SBDC will provide direct assistance in completing the application and
helping businesses to include all required materials to have a more competitive
application. Business owners will not meet directly with the Selection
Committee, so a strong application is the best approach.
Business
Application Workshop Schedule:
Monday, Jan. 7th 5-7:30 p.m. – Marlboro College Graduate
School, 28 Vernon St, Brattleboro
Thursday, Jan. 10th 2-4:30 p.m. – Howard Dean Education Center, 307
South St, Springfield
Monday, Jan. 28th 5-7:30 p.m. CANCELLED – Howard Dean Education Center, 307 South St, Springfield. *****This has been rescheduled for Thursday, Feb. 21st 5-7pm-Howard Dean Education Center, 307 South Street, Springfield.*****
Tuesday, Jan. 29th 9-11:30
a.m. – Marlboro College Graduate School, 28 Vernon St, Brattleboro
