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05.01 - Economic Development Committee Report
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05.01 - Economic Development Committee Report
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BRAINERD <br /> LAK S <br /> - Department of Employment and Economic Development <br /> Small Cities Development Program (SCDP) <br /> A R E A Federal Funds Annually Allocated to States <br /> nE WeLoPNtErvT <br /> 2007 MN DEED Allocation - $20 million <br /> CORPORA-1[ON Competitive Program <br /> Proposed Projects must meet Federal Objectives <br /> 1. LMI — Benefit Low to Moderate Income <br /> 2. Eliminate Slum & Blight Conditions <br /> 3. Eliminate Urgent Public Threat <br /> Eligible Projects <br /> 1. Housing <br /> 2. Public Facility <br /> 3. Comprehensive (Combination of Housing, Public Facility or <br /> Economic Development Commercial Rehabilitation) <br /> �.. Eligible expenditures include exterior improvements and code <br /> violations <br /> Maximum comprehensive project grant award - $1.4 million <br /> (Realistic comprehensive awards are in the $750,000 - $800,000 range) <br /> Application Due Dates <br /> 1. Pre-Application — October <br /> 2. Full Application —January <br /> CURRENT APPLICATION <br /> 2008 — Cuyuna Range: Crosby, Ironton, Deerwood, Emily <br /> Proposed Applications for Crow Wing County <br /> 2009 — Northern CWC: Nisswa, Pequot Lakes, Jenkins, (Pine River) <br /> 2010 — Central/Southern CWC: Brainerd, Baxter <br /> 2011 — TBD <br /> Page 1 of 1 <br />
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