Deadline: 3-Jun-22
The Georgia Department of Community Affairs (DCA) has released the Notice of Funding Availability (NOFA) of Rural Downtown Redevelopment Grant.
The objective is to provide financial resources to communities who have planned for and are ready to initiate projects within their core downtown areas that have the potential to revitalize the community, while being transformative in nature.
Purpose: To revitalize and enhance downtown areas by providing one-time Statefunded grant assistance for capital improvement projects in the core historic downtown area where these funds will further create a sense of place or commercial redevelopment.
Funding Information
- DCA anticipates awarding approximately $17 million under this NOFA. DCA reserves the right to fund, in whole or in part, any, all, or none of the applications submitted in response to this NOFA.
- DCA is establishing a maximum amount of grant request at $5,000,000. A funding floor has also been established at $1,000,000. DCA anticipates funding between five (5) and fifteen (12) applications under this NOFA.
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The minimum match requirement is generally no less than 10% of the total project cost. Significant investment from the community and its partners, however, contribute to a stronger application. Any legal source of matching funds will be allowed under this program. For example, computation of the matching requirements shall be as follows:
- $2,000,000 total project cost will have a minimum $200,000 match requirement (with $1,800,000 requested).
- $1,000,000 total project cost will have a minimum $100,000 match requirement (with $900,000 requested).
Eligible Activities
- Capital improvement projects – Physical improvements leading to job creation, housing development, and/or workforce development.
- Associated Professional Services – Grantees may use up to twelve (12) percent for architectural/engineering services. Costs for grant writing and administration are not reimbursable.
Eligibility Criteria
Units of general purpose local government (cities or counties), as well as authorities, are eligible to apply for this funding. Applications may be submitted individually by one eligible applicant, or jointly, by two (2) or more eligible applicants. Only one application per general purpose local government/authority, whether individually or jointly submitted, shall be eligible for competition. If more than one is submitted, only the first submission shall be reviewed.
- Applicants shall be in compliance with all applicable audit report/grant certification form submission requirements.
- Applicants shall be in compliance with all statutory reporting requirements that must be submitted to the Department.
- Recipients of prior DCA funding must resolve all outstanding audit, and/or monitoring (compliance) findings and/or deficiencies prior to being eligible for Rural Downtown Grant funding. Sanctions applied under any of the other DCA grant programs will also apply to this program.
For more information, visit DCA.
For more information, visit https://www.dca.ga.gov/node/7931