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Funding Amounts

$2 million has been allocated for the Commercial Rehabilitation program in 2024. The maximum amount of CDBG funds that can be applied for is $300,000. An applicant can only submit one application before December 2, 2024.

Qualifying Projects

This program funds projects assisting private property owners in the rehabilitation of blighted structures to prevent the spread of blighted conditions. Eligible expenses include:

• Construction costs for building rehabilitation to correct code violations, historic preservation, or building renovation for job creation.
• Improvements to the exterior of the building, abatement of asbestos hazards, and lead-based paint hazards evaluation and reduction.
• Potential rehabilitation of properties not located in a slum or blighted area, if it eliminations specific conditions that are detrimental to public health and safety.

Selection Criteria

Grant applications are evaluated for funding based on project need, readiness, impact, sustainability and matching funds source and availability.

Key considerations include:

• Projects that meet a national objective and involve an eligible activity under the Housing and Community Development Act (HCDA) of 1974, focused on privately owned buildings.
• Job creation or retention of employees, with at least 51 percent of the beneficiaries (employees) meeting HUD’s LMI (low-to-moderate income) requirements – which is at or below 80% of the Average Median Income for the county in which the family resides.
• If the applicant community qualifies under the LMI Job Creation/retention national objective the application must be submitted under that category.
• Download grant guidelines for more information on program requirements.