Georgia Department of Community
Affairs
CDBG Economic Development & Redevelopment
Examples
EIP and RDF
March 14, 2017
Steed Robinson, Office of Community
Development
Process - What happens after submitting an IPA or
Pre-App?
Initial Project
Assessment (DCA)/
Pre-Application (OGA)
•Completeness letters help identify
shortcomings in the application
PACA
Provides guidance
for application
development
Application
Development and
submission
•Applications often miss something
•Since most DCA ED and OGA funding is
“threshold-based”, allows for Technical
Assistance to get applications to funding
range.
Completeness
Letter
EIP GRANT
PUBLIC INFRASTRUCTURE
City of Monticello – Norton Packaging
Recipient – City of Monticello
 Sub-Recipient – Norton Packaging
 Grant Amount – $420,000
 Project – public rail spur
 Private Investment – $2.67 Million
 Jobs – Create 45, 23 LMI Persons

Source and Use – City of Monticello
Source
Amount
Use
Amount
EIP
$
420,000
Rail spur construction
$
Development
Authority
$ 1,006,000
Land & Improvements
$ 1,006,000
OGA EDGE
$
50,000
Site Improvements
$
50,000
USDA
$
85,000
Building
$
85,000
RLF
$
80,000
Rail Spur Construction
$
80,000
City
$
10,997
Engineering
$
10,997
Norton
$ 2,670,588
Land, building, M&E, F&F
$ 2,670,588
Total
$ 4,322,585
Total
420,000
$ 4,322,585
Special Conditions – Inherent to Rail Spur Projects









Bid documents, Bid specifications, signed contract and Bid Bonds.
Evidence of other funding source(s).
Documentation certifying Rail Company has approved the final plans for
the design for the rail spur.
Railroad permits.
“Intergovernmental Agreement” between local government and
Development Authority.
“Siding” / “Side Track Agreement” – Title varies according to Railroad
Company.
“Industrial Track Agreement” - Title varies according to Railroad Company.
Economic Development and Construction Agreement – Do Not Execute.
Letter of Credit (Surety).
Georgia Department of Community
Affairs
CDBG Economic Development
Redevelopment Fund Program (RDF)
Overview of the RDF Program
Encourage communities with blighted properties to focus
on long-term community development.
Projects must demonstrate the following:
 Resolution of Spot/Area Basis Blight;
 Long-term planning and development efforts of the
community;
 Significant impact on the overall project;
 Strong community commitment;
 Ready to Proceed; and
 Completed within 24 months.
Basic Program Parameters

Projects must alleviate a “slum or blighted” condition

Grant - Public infrastructure in support of
business/industry

Direct Loan –Assistance to “for-profit” entities”
Successful Spot Basis Project
Former Chero Cola Warehouse
204 N. West Street, Greensboro
Building Interior - Before Renovation
Greensboro – Oconee Brewing Company
Microbrewery Building Floorplan
Greensboro RDF Award
 RDF
Grant to the City of Greensboro to acquire and
stabilize the former Chero Cola warehouse building, a
blighted structure located in historic downtown
Greensboro to be repurposed as a new microbrewery

Owner and operator: Oconee Brewing Company

Award Amount:
$ 500,000

Total Project Cost :
$2,623,035
City of Greensboro: Source and Use
Source
RDF
Amount
Use
$500,000 Building Acquisition
Building Stabilization
City of Greensboro
SBA 7a Loan: Bank
Amount
$150,000
$ 270,000
Architectural/Eng. Fees
$50,000
Grant Administration
$30,000
$19,917 Utility Connection Fees, etc.
$1,385,000 Building Stabilization/Rehab.
$19,917
$761,732
Equipment/Inventory
$520,095
Contingencies
$103,173
Georgia Cities
Foundation
$241,618 Renovation: Collapsed wall
$241,618
Owner Equity
and
$476,500 Equipment
Bank Financing Fees
$476,500
TOTAL
$2,623,035 TOTAL
$2,623,035
Greensboro RDF Award – Success!
https://www.facebook.com/oconeebrewingcompany/
Program Manager Contacts:
Brock Smith – Manager, CDBG Set-Asides
(404) 679-1744 [email protected]
Gabe Morris – Program Manager (EIP/RDF/ITAD)
(404) 679-3174
[email protected]