Infrastructure Funding Database
Choose An Infrastructure Type
Please check all funding type boxes that apply:
WATER
ABAG Credit Pooling Program
Funding Type: Bonds
The Pros
Pools general fund moneys of multiple jurisdictions allowing cheap bond rates; wide range of eligible activities
The Cons
Only participating ABAG members qualify
Description
The Program pools the funding of such capital needs backed by the general fund credits of participating jurisdictions. Standardized documentation and low issuance cost yield a highly efficient means of project funding. The pools are generally structured as individual lease or installment sale transactions.
Bond / Loan Security
ABAG Finance Corporation leases the facilities being financed, and then leases the same property back to the participant. Repayments are reflected as annual General Fund appropriations and are not classified as debt.
Eligible Applicants
ABAG Member Jurisdiction
Eligible Projects
Construction and renovation of public buildings; acquisition and construction of parking facilities; purchase and installation of computer systems; improvements to recreational trails, parks and municipal golf courses; water, sewer and drain projects; purchase and installation of modular buildings; and renovations to existing school buildings.
Website
California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) Property Assessed Clean Energy (PACE)-Bond Reserve Fund
Funding Type: Bonds
The Pros
Most public agencies are eligible; Qualified projects include clean energy improvements and energy and water efficiency.
The Cons
Bonds can finance smaller projects only; Bonds limited to providing small loans up to 10% of the property value.
Description
Assists local jurisdictions in financing the installation of distributed generation of renewable energy sources or energy or water efficiency improvements and is administered by the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA). PACE Bonds can be issued by municipalities to assist in financing loans to property owners to finance energy retrofits. The loans are repaid over 20 years.
Bond / Loan Security
Annual assessment on the property tax bill
Eligible Applicants
A "public agency as defined in Section 5898.20 of the Streets and Highways Code."
Eligible Projects
Used to finance qualified energy and water efficiency and clean energy improvements.
Restrictions
Improvements financed by the program follow applicable standards of energy efficiency retrofit work, including any guidelines adopted by the State Resources Conservation and Development Commission. A residential project of three units or fewer, or a commercial project that costs less than $25,000 in total.
Website
Financing Authority for Resource Efficiency of California (FARECal)
Funding Type: Bonds
The Pros
Helps fund water and energy conservation programs
The Cons
Only participating Cal Municipal Utility Association members qualify; User fees
Description
CMUA formed FARECal in 1993 which is the first statewide joint powers agency created specifically to finance water and energy conservation and efficiency programs through pooling financial resources. CMUA successfully sponsored legislation spelling out the authority of joint powers agencies such as FARECal to issue revenue bonds to finance water and energy conservation programs
Bond / Loan Security
User fees
Eligible Applicants
Cal Municipal Utility Association (CMUA) members
Eligible Projects
Water and Energy conservation programs
Website
Redevelopment Tax Increment Funds
Funding Type: Bonds
The Pros
Wide range of eligible projects; Less competition for assistance dollars; Local Redevelopment Agencies are willing partners
The Cons
Large assistance may not be immediately available; Certain activities trigger prevailing wage requirements
Description
Local Redevelopment Agencies utilize tax increment funds to implement a wide array of projects that support and improve the physical and economic conditions of the community. Agencies have the ability to assist local government, special districts, utilities, businesses, and property owners.
Bond / Loan Security
Tax increment revenues; sales tax generation; in-lieu fees
Eligible Applicants
Local government, special districts, utilities, businesses, and property owners.
Eligible Projects
Any project or program that improves the physical and economic conditions of the local community.
Restrictions
Certain activities trigger prevailing wage requirements
Website
EDA - Public Works and Economic Development
Funding Type: Grants
The Pros
Wide range of eligible public works and infrastructure projects; Grant up to 50% of project's total cost
The Cons
Very competitive; Strict economic eligibility requirements
Description
A grant through the EDA that provide funding for public works and infrastructure necessary for competitive economic revitalization and growth for communities and regions.
Bond / Loan Security
Matching Share Requirement
Eligible Applicants
Local agencies and non-profit organizations
Eligible Projects
Needed development in a region of high economic distress.
Maximum Allocation Amount/Loan Limit
Generally, Grant does not exceed 50% of the project's total cost.
Restrictions
Region of high economic distress meets one or more of these criteria: "an 24-month unemployment rate that is at least 1% greater than the national average unemployment rate; per capita income that is 80% or less of the national average per capita income; a loss of a major employer, closure or restructuring of industrial firm, population loss underemployment, military base closure or realignment, Dept of Energy defense-related reduction, Dense Contractor reductions-in-force, Natural or other major disasters or emergencies.
Website
Federal Community Development Block Grant (CDBG)
Funding Type: Grants
The Pros
Wide range of eligible activities
The Cons
Only available to cities with 50,000+ population; Assistance to be geared towards assisting low or moderate income populations
Title
Final filing date for 09-10 was March 31, 2010 (or until funds are awarded). Notice of Funding Availability likely to be released in June. Nearly $500 Million has already been allocated for FY 2010.
Description
The program provides annual grants on a formula basis to entitled cities and counties to develop viable urban communities by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate-income persons.
Bond / Loan Security
N/A
Eligible Applicants
Principal cities of Metropolitan Statistical Areas (MSAs); other metropolitan cities with populations of at least 50,000; and qualified urban counties with populations of at least 200,000
Eligible Projects
Acquisition of real property; relocation and demolition; rehabilitation of residential and non-residential structures; construction of public facilities and improvements, such as water and sewer facilities, streets, neighborhood centers, and the conversion of school buildings for eligible purposes; public services, within certain limits; activities relating to energy conservation and renewable energy resources; and provision of assistance to profit-motivated businesses to carry out economic development and job creation/retention activities.
Maximum Allocation Amount/Loan Limit
N/A
Restrictions
Entitlement communities develop their own programs and funding priorities. However, grantees must give maximum feasible priority to activities which benefit low- and moderate-income persons. A grantee may also carry out activities which aid in the prevention or elimination of slums or blight. Applicants must complete a Consolidated Plan that outlines proposed activities.
Website
Notes
Final filing date for 09-10 was March 31, 2010 (or until funds are awarded). Notice of Funding Availability likely to be released in June. Nearly $500 Million has already been allocated for FY 2010.
Redevelopment Tax Increment Funds
Funding Type: Grants
The Pros
Wide range of eligible projects; Less competition for assistance dollars; Local Redevelopment Agencies are willing partners
The Cons
Large assistance may not be immediately available; Certain activities trigger prevailing wage requirements
Description
Local Redevelopment Agencies utilize tax increment funds to implement a wide array of projects that support and improve the physical and economic conditions of the community. Agencies have the ability to assist local government, special districts, utilities, businesses, and property owners.
Bond / Loan Security
N/A
Eligible Applicants
Local government, special districts, utilities, businesses, and property owners.
Eligible Projects
Any project or program that improves the physical and economic conditions of the local community.
Restrictions
Certain activities trigger prevailing wage requirements
Website
State Administered CDBG
Funding Type: Grants
The Pros
Wide range of eligible activities
The Cons
Only available to that did not get Fed CDBG; Assistance to be geared towards assisting low or moderate income populations
Description
CDBG Funds administered by the State to non-entitlement areas, areas that do not receive CDBG funds directly from HUD. Non-entitlement areas are cities with less than 50,000 and counties with less than 200,000. These funds can be used "to develop viable communities by providing decent housing and a suitable living environment and by expanding economic opportunities, principally for persons of low- and moderate-income."
Bond / Loan Security
N/A
Eligible Applicants
Grants are awarded to those local governments that are involved in development activities.
Eligible Projects
Acquisition of real property; relocation and demolition; rehabilitation of residential and non-residential structures; construction of public facilities and improvements, such as water and sewer facilities, streets, neighborhood centers, and the conversion of school buildings for eligible purposes; public services, within certain limits; activities relating to energy conservation and renewable energy resources; and provision of assistance to profit-motivated businesses to carry out economic development and job creation/retention activities.
Maximum Allocation Amount/Loan Limit
N/A
Restrictions
Federal funds, which are allocated and administered by the State.
Website
Water and Waste Disposal Loan and Grant Program
Funding Type: Grants
The Pros
Water and Waste Disposal Infrastructure for rural communities; No maximum assistance limit
The Cons
Geared toward rural communities; NEPA review; Dependent on available funds
Title
http://www.rurdev.usda.gov/CA/pdf%20files%20and%20documents/WEP%20Overview.pdf
Description
A grant and loan program through the USDA - Rural Utilities Program. It provides financial assistance "for the improvement of water and waster disposal systems, solid waste disposal systems and storm drainage systems in rural communities."
Bond / Loan Security
N/A
Eligible Applicants
Public entities, Non-Profit corporations may be eligible for funds.
Eligible Projects
Water, wastewater, solid waste, storm drainage. Funds may be used cover most of the project costs such as: "Construction, modification, expansion or improvement of water supply and distribution systems and waste collection and treatment systems, including storm drainage and solid water disposal facilities; Acquiring needed land, water sources, and water rights; Pay costs such as legal and engineering fees when necessary to develop the facility."
Maximum Allocation Amount/Loan Limit
No Maximum Limits established, however may be established based on availability of funding and the feasibility of the project
Restrictions
Requirements for Funding included: Feasibility of the project, Review of project according to NEPA, Debt service reserve, Interim financing, Public meeting.
Website
Notes
http://www.rurdev.usda.gov/CA/pdf%20files%20and%20documents/WEP%20Overview.pdf
DWR New Local Water Supply Feasibility Study and Construction Loans
Funding Type: Loans
The Pros
Assistance for Local Agencies for water construction and water improvements
The Cons
Projects with 50% expected benefits from hydroelectric power generation not eligible.
Description
Loans for feasibility studies and implementation of water supply infrastructure projects such as a canals, dams, reservoirs, groundwater extraction facilities or other construction or improvements
Bond / Loan Security
General Fund; General Obligation Bonds; User Fees; Dedicated assessments
Eligible Applicants
Local public agencies
Eligible Projects
Canals, dams, reservoirs, groundwater extraction facilities or other construction or improvements
Maximum Allocation Amount/Loan Limit
Feasibility Study: $500,00 per eligible project Construction: Up to $5 million per eligible project
Restrictions
For the Construction Loans Only: Project with more than 50% of the expected benefits result from hydroelectric power generation are not eligible for a loan.
Website
EPA Clean Water State Revolving Fund
Funding Type: Loans
The Pros
Multi-million dollar loans with low interest rates (~2.3%) and flexible terms; wide variety of eligible water/waste water related projects
The Cons
Multiple fees
Description
Through the CWSRF program, each state maintains revolving loan funds to provide independent and permanent sources of low-cost financing for a wide range of water quality infrastructure projects. Funds to establish or capitalize the CWSRF programs are provided through federal government grants and state matching funds (equal to 20 percent of federal government grants). CWSRF programs operate much like environmental infrastructure banks that are capitalized with federal and state contributions. CWSRF monies are loaned to communities and loan repayments are recycled back into the program to fund additional water quality protection projects.
Bond / Loan Security
General Fund; General Obligation Bonds; User Fees
Eligible Applicants
A range of borrowers including municipalities, communities of all sizes, farmers, homeowners, small businesses, and nonprofit organizations
Eligible Projects
Build or improve wastewater treatment plants, agricultural, rural, and urban runoff control, estuary improvement projects, wet weather flow control, including stormwater and sewer overflows, alternative treatment technologies, water reuse and conservation projects.
Website
Infrastructure State Revolving Fund Program
Funding Type: Loans
The Pros
Loans up to $10,000,000; Broad categories of eligible projects, low-cost financing
The Cons
Must be project ready within 6 months; prevailing wages must be paid to workers.
Description
Provides low-cost financing to public agencies for a wide variety of infrastructure projects. ISRF Program funding is available in amounts ranging from $250,000 to $10,000,000, with loan terms of up to 30 years. Interest rates are set on a monthly basis. Preliminary applications are continuously accepted.
Bond / Loan Security
Water, sewer and other enterprise revenues; General Fund revenues; Tax increment revenues; Property assessments/Mello-Roos special taxes
Eligible Applicants
Any subdivision of a local government, including cities, counties, redevelopment agencies, special districts, assessment districts, joint powers authorities and non-profit corporations formed on behalf of a local government.
Eligible Projects
Categories include city streets, county highways, state highways, drainage, water supply and flood control, educational facilities, environmental mitigation measures, parks and recreational facilities, port facilities, public transit, sewage collection and treatment, solid waste collection and disposal, water treatment and distribution, defense conversion, public safety facilities, and power and communications facilities.
Maximum Allocation Amount/Loan Limit
Up to $10,000,000
Restrictions
Applicants must demonstrate a "readiness to proceed" which is defined as the ability to begin construction within 6 months after the I-Bank's loan commitment. Competitive scoring system. Prevailing wage must be paid to workers.
Website
Redevelopment Tax Increment Funds
Funding Type: Loans
The Pros
Wide range of eligible projects; Less competition for assistance dollars; Local Redevelopment Agencies are willing partners
The Cons
Large assistance may not be immediately available; Certain activities trigger prevailing wage requirements
Description
Local Redevelopment Agencies utilize tax increment funds to implement a wide array of projects that support and improve the physical and economic conditions of the community. Agencies have the ability to assist local government, special districts, utilities, businesses, and property owners.
Bond / Loan Security
Tax increment revenues; sales tax generation; in-lieu fees
Eligible Applicants
Local government, special districts, utilities, businesses, and property owners.
Eligible Projects
Any project or program that improves the physical and economic conditions of the local community.
Restrictions
Certain activities trigger prevailing wage requirements
Website
Water and Waste Disposal Loan and Grant Program
Funding Type: Loans
The Pros
Water and Waste Disposal Infrastructure for rural communities; No maximum assistance limit
The Cons
Geared toward rural communities; NEPA review; Dependent on available funds
Title
http://www.rurdev.usda.gov/CA/pdf%20files%20and%20documents/WEP%20Overview.pdf
Description
A grant and loan program through the USDA - Rural Utilities Program. It provides financial assistance "for the improvement of water and waster disposal systems, solid waste disposal systems and storm drainage systems in rural communities."
Bond / Loan Security
Public bodies - secured by tax-exempt bonds pledging taxes, assessments, or project revenues. Not-for-profit borrowers - secured by a lien on all land, equipment, easements, and rights-of-way along with assignment of income with an assignment of income
Eligible Applicants
Public entities, Non-Profit corporations may be eligible for funds.
Eligible Projects
Water, wastewater, solid waste, storm drainage. Funds may be used cover most of the project costs such as: "Construction, modification, expansion or improvement of water supply and distribution systems and waste collection and treatment systems, including storm drainage and solid water disposal facilities; Acquiring needed land, water sources, and water rights; Pay costs such as legal and engineering fees when necessary to develop the facility."
Maximum Allocation Amount/Loan Limit
No Maximum Limits established, however may be established based on availability of funding and the feasibility of the project.
Restrictions
Requirements for Funding included: Feasibility of the project, Review of project according to NEPA, Debt service reserve, Interim financing, Public meeting.
Website
Notes
http://www.rurdev.usda.gov/CA/pdf%20files%20and%20documents/WEP%20Overview.pdf
SEWER / WASTEWATER
ABAG Credit Pooling Program
Funding Type: Bonds
The Pros
Pools general fund moneys of multiple jurisdictions allowing cheap bond rates; wide range of eligible activities
The Cons
Only participating ABAG members qualify
Description
The Program pools the funding of such capital needs backed by the general fund credits of participating jurisdictions. Standardized documentation and low issuance cost yield a highly efficient means of project funding.
Bond / Loan Security
General Fund Credits from participating jurisdiction
Eligible Applicants
ABAG Member Jurisdiction
Eligible Projects
Construction and renovation of public buildings; acquisition and construction of parking facilities; purchase and installation of computer systems; improvements to recreational trails, parks and municipal golf courses; water, sewer and drain projects; purchase and installation of modular buildings; and renovations to existing school buildings.
Website
Redevelopment Tax Increment Funds
Funding Type: Bonds
The Pros
Wide range of eligible projects; Less competition for assistance dollars; Local Redevelopment Agencies are willing partners
The Cons
Large assistance may not be immediately available; Certain activities trigger prevailing wage requirements
Description
Local Redevelopment Agencies utilize tax increment funds to implement a wide array of projects that support and improve the physical and economic conditions of the community. Agencies have the ability to assist local government, special districts, utilities, businesses, and property owners.
Eligible Applicants
Local government, special districts, utilities, businesses, and property owners.
Eligible Projects
Any project or program that improves the physical and economic conditions of the local community.
Restrictions
Certain activities trigger prevailing wage requirements
Website
Community Development Block Grant (CDBG)(Federal)
Funding Type: Grants
The Pros
Wide range of eligible activities
The Cons
Only available to cities with 50,000+ population; Assistance to be geared towards assisting low or moderate income populations
Title
Final filing date for 09-10 was March 31, 2010 (or until funds are awarded). Notice of Funding Availability likely to be released in June. Nearly $500 Million has already been allocated for FY 2010.
Description
CDBG provides an annual grants on a formula basis to entitled cities and counties to develop viable urban communities by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate-income persons.
Bond / Loan Security
N/A
Eligible Applicants
Principal cities of Metropolitan Statistical Areas (MSAs); other metropolitan cities with populations of at least 50,000; and qualified urban counties with populations of at least 200,000
Eligible Projects
Acquisition of real property; relocation and demolition; rehabilitation of residential and non-residential structures; construction of public facilities and improvements, such as water and sewer facilities, streets, neighborhood centers, and the conversion of school buildings for eligible purposes; public services, within certain limits; activities relating to energy conservation and renewable energy resources; and provision of assistance to profit-motivated businesses to carry out economic development and job creation/retention activities.
Maximum Allocation Amount/Loan Limit
N/A
Restrictions
Entitlement communities develop their own programs and funding priorities. However, grantees must give maximum feasible priority to activities which benefit low- and moderate-income persons. A grantee may also carry out activities which aid in the prevention or elimination of slums or blight. Applicants must complete a Consolidated Plan that outlines proposed activities.
Website
Notes
Final filing date for 09-10 was March 31, 2010 (or until funds are awarded). Notice of Funding Availability likely to be released in June. Nearly $500 Million has already been allocated for FY 2010.
EDA - Public Works and Economic Development
Funding Type: Grants
The Pros
Wide range of eligible public works and infrastructure projects; Grant up to 50% of project's total cost
The Cons
Very competitive; Strict economic eligibility requirements
Description
A grant through EDA, that provides funding for public works and infrastructure necessary for competitive economic revitalization and growth for communities and regions.
Bond / Loan Security
N/A
Eligible Applicants
Local agencies and non-profit organizations
Eligible Projects
Needed development in a region of high economic distress.
Maximum Allocation Amount/Loan Limit
Generally, Grant does not exceed 50% of the project's total cost.
Restrictions
Region of high economic distress meets one or more of these criteria: "an 24-month unemployment rate that is at least 1% greater than the national average unemployment rate; per capita income that is 80% or less of the national average per capita income; a loss of a major employer, closure or restructuring of industrial firm, population loss underemployment, military base closure or realignment, Dept of Energy defense-related reduction, Dense Contractor reductions-in-force, Natural or other major disasters or emergencies.
Website
Redevelopment Tax Increment Funds
Funding Type: Grants
The Pros
Wide range of eligible projects; Less competition for assistance dollars; Local Redevelopment Agencies are willing partners
The Cons
Large assistance may not be immediately available; Certain activities trigger prevailing wage requirements
Description
Local Redevelopment Agencies utilize tax increment funds to implement a wide array of projects that support and improve the physical and economic conditions of the community. Agencies have the ability to assist local government, special districts, utilities, businesses, and property owners.
Bond / Loan Security
N/A
Eligible Applicants
Local government, special districts, utilities, businesses, and property owners.
Eligible Projects
Any project or program that improves the physical and economic conditions of the local community.
Restrictions
Certain activities trigger prevailing wage requirements
Website
State Administered CDBG
Funding Type: Grants
The Pros
Wide range of eligible activities
The Cons
Only available to that did not get Fed CDBG; Assistance to be geared towards assisting low or moderate income populations
Description
CDBG Funds administered by the State to non-entitlement areas, areas that do not receive CDBG funds directly from HUD. Non-entitlement areas are cities with less than 50,000 and counties with less than 200,000. These funds can be used "to develop viable communities by providing decent housing and a suitable living environment and by expanding economic opportunities, principally for persons of low- and moderate-income."
Bond / Loan Security
N/A
Eligible Applicants
Local governments that are involved in development activities.
Eligible Projects
Acquisition of real property; relocation and demolition; rehabilitation of residential and non-residential structures; construction of public facilities and improvements, such as water and sewer facilities, streets, neighborhood centers, and the conversion of school buildings for eligible purposes; public services, within certain limits; activities relating to energy conservation and renewable energy resources; and provision of assistance to profit-motivated businesses to carry out economic development and job creation/retention activities.
Restrictions
Federal funds, which are allocated and administered by the State.
Website
Water and Waste Disposal Loan and Grant Program
Funding Type: Grants
The Pros
Water and Waste Disposal Infrastructure for rural communities; No maximum assistance limit
The Cons
Geared toward rural communities; NEPA review; Dependent on available funds
Title
http://www.rurdev.usda.gov/CA/pdf%20files%20and%20documents/WEP%20Overview.pdf
Description
A grant and loan program through the USDA - Rural Utilities Program. It provides financial assistance "for the improvement of water and waster disposal systems, solid waste disposal systems and storm drainage systems in rural communities."
Bond / Loan Security
N/A
Eligible Applicants
Public entities, Non-Profit corporations may be eligible for funds.
Eligible Projects
Water, wastewater, solid waste, storm drainage. Funds may be used cover most of the project costs such as: "Construction, modification, expansion or improvement of water supply and distribution systems and waste collection and treatment systems, including storm drainage and solid water disposal facilities; Acquiring needed land, water sources, and water rights; Pay costs such as legal and engineering fees when necessary to develop the facility."
Maximum Allocation Amount/Loan Limit
No Maximum Limits established, however may be established based on availability of funding and the feasibility of the project.
Restrictions
Requirements for Funding included: Feasibility of the project, Review of project according to NEPA, Debt service reserve, Interim financing, Public meeting.
Website
Notes
http://www.rurdev.usda.gov/CA/pdf%20files%20and%20documents/WEP%20Overview.pdf
Energy Efficiency Financing
Funding Type: Loans
The Pros
Sizeable loans with cheap interest rates; Eligible projects range from energy generation to implementation of energy efficient infrastructure, such as street lights and traffic signals.
The Cons
N/A
Description
3% loans of up to $3 million for making public facilities energy efficient
Bond / Loan Security
Loan agreement between Applicant and Energy Commission, promissory note, and certain loans require a tax certificate
Eligible Applicants
Cities, Counties, Public Care Institutions, Public Hospitals, Public Schools & Colleges Special Districts.
Eligible Projects
Projects with proven energy and/or capacity savings are eligible, provided they meet the eligibility requirements. Examples are: Lighting systems, Pumps and motors, Streetlights and LED traffic signals, Automated energy management systems/controls, Building insulation, Energy generation including renewable and combined heat and power projects, Heating and air conditioning modifications, or Waste water treatment equipment
Maximum Allocation Amount/Loan Limit
Up to $3 million per application
Restrictions
Loans for energy projects must be repaid from energy cost savings within 15 years, including principal and interest (approximately 11 years simple payback). Simple payback is calculated by dividing the dollar amount of the loan by the anticipated annual energy cost savings.
Website
EPA Clean Water State Revolving Fund
Funding Type: Loans
The Pros
Multi-million dollar loans with low interest rates (~2.3%) and flexible terms; wide variety of eligible water/waste water related projects
The Cons
Multiple fees
Description
Each state maintains revolving loan funds to provide independent and permanent sources of low-cost financing for a wide range of water quality infrastructure projects. Funds are provided through federal government grants and state matching funds (equal to 20 percent of federal government grants). Operates much like environmental infrastructure banks that are capitalized with federal and state contributions. Monies are loaned to communities and loan repayments are recycled back into the program to fund additional water quality protection projects.
Bond / Loan Security
General Fund; General Obligation Bonds; User Fees
Eligible Applicants
Program has assisted a range of borrowers including municipalities, communities of all sizes, farmers, homeowners, small businesses, and nonprofit organizations
Eligible Projects
Build or improve wastewater treatment plants, agricultural, rural, and urban runoff control, estuary improvement projects, wet weather flow control, including storm water and sewer overflows, alternative treatment technologies, water reuse and conservation projects.
Website
Infrastructure State Revolving Fund Program
Funding Type: Loans
The Pros
Loans up to $10,000,000; Broad categories of eligible projects, low-cost financing
The Cons
Must be project ready within 6 months; prevailing wages must be paid to workers.
Description
The ISRF Program provides low-cost financing to public agencies for a wide variety of infrastructure projects. ISRF Program funding is available in amounts ranging from $250,000 to $10,000,000, with loan terms of up to 30 years. Interest rates are set on a monthly basis. Preliminary applications are continuously accepted.
Bond / Loan Security
Source of repayment, readiness, tax-exempt financing
Eligible Applicants
Any subdivision of a local government, including cities, counties, redevelopment agencies, special districts, assessment districts, joint powers authorities and non-profit corporations formed on behalf of a local government.
Eligible Projects
Categories include city streets, county highways, state highways, drainage, water supply and flood control, educational facilities, environmental mitigation measures, parks and recreational facilities, port facilities, public transit, sewage collection and treatment, solid waste collection and disposal, water treatment and distribution, defense conversion, public safety facilities, and power and communications facilities.
Maximum Allocation Amount/Loan Limit
Up to $10,000,000
Restrictions
Applicants must demonstrate a "readiness to proceed" which is defined as the ability to begin construction within 6 months after the I-Bank's loan commitment. Competitive scoring system. Prevailing wage must be paid to workers.
Website
Redevelopment Tax Increment Funds
Funding Type: Loans
The Pros
Wide range of eligible projects; Less competition for assistance dollars; Local Redevelopment Agencies are willing partners
The Cons
Large assistance may not be immediately available; Certain activities trigger prevailing wage requirements
Description
Local Redevelopment Agencies utilize tax increment funds to implement a wide array of projects that support and improve the physical and economic conditions of the community. Agencies have the ability to assist local government, special districts, utilities, businesses, and property owners.
Eligible Applicants
Local government, special districts, utilities, businesses, and property owners.
Eligible Projects
Any project or program that improves the physical and economic conditions of the local community.
Restrictions
Certain activities trigger prevailing wage requirements
Website
Water and Waste Disposal Loan and Grant Program
Funding Type: Loans
The Pros
Water and Waste Disposal Infrastructure for rural communities; No maximum assistance limit
The Cons
Geared toward rural communities; NEPA review; Dependent on available funds
Title
http://www.rurdev.usda.gov/CA/pdf%20files%20and%20documents/WEP%20Overview.pdf
Description
A grant and loan program through the USDA - Rural Utilities Program. It provides financial assistance "for the improvement of water and waster disposal systems, solid waste disposal systems and storm drainage systems in rural communities."
Bond / Loan Security
Public bodies - secure a recognized bond counsel; tax-exempt notes, bonds pledging taxes, assessments or revenue. Non-Profit - all land, equipment, easements, & rights-of-way, & assignment of income.
Eligible Applicants
Public entities, Non-Profit corporations may be eligible for funds.
Eligible Projects
Water, wastewater, solid waste, storm drainage. Funds may be used cover most of the project costs such as: "Construction, modification, expansion or improvement of water supply and distribution systems and waste collection and treatment systems, including storm drainage and solid water disposal facilities; Acquiring needed land, water sources, and water rights; Pay costs such as legal and engineering fees when necessary to develop the facility."
Maximum Allocation Amount/Loan Limit
No Maximum Limits established, however may be established based on availability of funding and the feasibility of the project.
Restrictions
Requirements for Funding included: Feasibility of the project, Review of project according to NEPA, Debt service reserve, Interim financing, Public meeting.
Website
Notes
http://www.rurdev.usda.gov/CA/pdf%20files%20and%20documents/WEP%20Overview.pdf
FACILITIES
ABAG Credit Pooling Program
Funding Type: Bonds
The Pros
Pools general fund moneys of multiple jurisdictions allowing cheap bond rates; wide range of eligible activities
The Cons
Only participating ABAG members qualify
Description
The Program pools the funding of such capital needs backed by the general fund credits of participating jurisdictions. Standardized documentation and low issuance cost yield a highly efficient means of project funding.
Bond / Loan Security
General Fund Credits from participating jurisdiction
Eligible Applicants
ABAG Member Jurisdiction
Eligible Projects
Construction and renovation of public buildings; acquisition and construction of parking facilities; purchase and installation of computer systems; improvements to recreational trails, parks and municipal golf courses; water, sewer and drain projects; purchase and installation of modular buildings; and renovations to existing school buildings.
Website
Industrial Development Revenue Bond Program
Funding Type: Bonds
The Pros
Public agencies can form Joint Powers Authorities with private industrial and manufacturing property owners to issue up to $10 million in bonds to finance facility
The Cons
Very specific eligible projects with tight restrictions; prevailing wage to constructions workers required
Description
Industrial Development Bonds (IDBs) are tax-exempt securities issued up to $10 million by a governmental entity to provide money for the acquisition, construction, rehabilitation and equipping of manufacturing and processing facilities for private companies. IDBs can be issued by the I-Bank, local Industrial Development Authorities, or by Joint Powers Authorities.
Bond / Loan Security
N/A
Eligible Applicants
Private industrial and manufacturing property owners
Eligible Projects
Must be a facility used for the manufacturing, production or processing of tangible property (including the processing resulting in the change of such property). The project financed by the bonds must meet certain public benefit criteria established by the California Debt Limit Allocation Committee (CDLAC), which include, among other things, the creation or retention of jobs. CDLAC's criteria for IDBs and other types of private activity bonds can be obtained at www.treasurer.ca.gov/cdlac/.
Maximum Allocation Amount/Loan Limit
The capital expenditures for the project, when added to the company's other capital expenditures in the same public jurisdiction as the project for the three years immediately preceding and three years following the closing of the financing of the project, cannot exceed $20,000,000.
Restrictions
No more than 25% of the bond proceeds can be applied to ancillary office, warehouse or other space. At least 95% of the bond proceeds must be spent capital expenditures such as land, building and equipment and other depreciable property. Limits on purchasing existing facilities or equipment. The prevailing wage must be paid to workers involved in the construction or renovation of a facility financed with IDBs.
Website
Redevelopment Tax Increment Funds
Funding Type: Bonds
The Pros
Wide range of eligible projects; Less competition for assistance dollars; Local Redevelopment Agencies are willing partners
The Cons
Large assistance may not be immediately available; Certain activities trigger prevailing wage requirements
Description
Local Redevelopment Agencies utilize tax increment funds to implement a wide array of projects that support and improve the physical and economic conditions of the community. Agencies have the ability to assist local government, special districts, utilities, businesses, and property owners.
Eligible Applicants
Local government, special districts, utilities, businesses, and property owners.
Eligible Projects
Any project or program that improves the physical and economic conditions of the local community.
Restrictions
Certain activities trigger prevailing wage requirements
Website
Statewide Community Infrastructure Program (SCIP)
Funding Type: Bonds
The Pros
Governments can use to SCIP to help developers pay impact fees and public improvement costs associated with development
The Cons
Must be a member of California Communities; assistance limited to local impact fees and public improvement costs
Description
SCIP is a financing program that enables developers to pay most impact fees and finance public improvements through an acquisition agreement that qualify under the 1913/1915 Act (excluding school fees) via tax-exempt bond issuance proceeds. The SCIP program has assisted communities and developers throughout California to finance over $141 million in impact fees since 2003.
Bond / Loan Security
Assessment lien on property
Eligible Applicants
Local governments who are members of California Communities
Eligible Projects
Any project that generates impact fees
Website
Community Development Block Grant (CDBG)(Federal)
Funding Type: Grants
The Pros
Wide range of eligible activities
The Cons
Only available to cities with 50,000+ population; Assistance to be geared towards assisting low or moderate income populations
Title
Final filing date for 09-10 was March 31, 2010 (or until funds are awarded). Notice of Funding Availability likely to be released in June. Nearly $500 Million has already been allocated for FY 2010.
Description
The program provides annual grants on a formula basis to entitled cities and counties to develop viable urban communities by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate-income persons.
Bond / Loan Security
N/A
Eligible Applicants
Principal cities of Metropolitan Statistical Areas (MSAs); other metropolitan cities with populations of at least 50,000; and qualified urban counties with populations of at least 200,000
Eligible Projects
Acquisition of real property; relocation and demolition; rehabilitation of residential and non-residential structures; construction of public facilities and improvements, such as water and sewer facilities, streets, neighborhood centers, and the conversion of school buildings for eligible purposes; public services, within certain limits; activities relating to energy conservation and renewable energy resources; and provision of assistance to profit-motivated businesses to carry out economic development and job creation/retention activities.
Maximum Allocation Amount/Loan Limit
N/A
Restrictions
Entitlement communities develop their own programs and funding priorities. However, grantees must give maximum feasible priority to activities which benefit low- and moderate-income persons. A grantee may also carry out activities which aid in the prevention or elimination of slums or blight. Applicants must complete a Consolidated Plan that outlines proposed activities.
Website
Notes
Final filing date for 09-10 was March 31, 2010 (or until funds are awarded). Notice of Funding Availability likely to be released in June. Nearly $500 Million has already been allocated for FY 2010.
EDA - Public Works and Economic Development
Funding Type: Grants
The Pros
Wide range of eligible public works and infrastructure projects; Grant up to 50% of project's total cost
The Cons
Very competitive; Strict economic eligibility requirements
Description
A Grant through EDA that provide funding for public works and infrastructure necessary for competitive economic revitalization and growth for communities and regions.
Bond / Loan Security
Matching Share Requirement
Eligible Applicants
Local agencies and non-profit organizations
Eligible Projects
Needed development in a region of high economic distress.
Maximum Allocation Amount/Loan Limit
Generally, Grant does not exceed 50% of the project's total cost.
Restrictions
Region of high economic distress meets one or more of these criteria: "an 24-month unemployment rate that is at least 1% greater than the national average unemployment rate; per capita income that is 80% or less of the national average per capita income; a loss of a major employer, closure or restructuring of industrial firm, population loss underemployment, military base closure or realignment, Dept of Energy defense-related reduction, Dense Contractor reductions-in-force, Natural or other major disasters or emergencies.
Website
Redevelopment Tax Increment Funds
Funding Type: Grants
The Pros
Wide range of eligible projects; Less competition for assistance dollars; Local Redevelopment Agencies are willing partners
The Cons
Large assistance may not be immediately available; Certain activities trigger prevailing wage requirements
Description
Local Redevelopment Agencies utilize tax increment funds to implement a wide array of projects that support and improve the physical and economic conditions of the community. Agencies have the ability to assist local government, special districts, utilities, businesses, and property owners.
Eligible Applicants
Local government, special districts, utilities, businesses, and property owners.
Eligible Projects
Any project or program that improves the physical and economic conditions of the local community.
Restrictions
Certain activities trigger prevailing wage requirements
Website
Description
A USDA-Rural Development program which provides funding to "specifically strengthen the ability of rural communities to respond to local emergencies_âand to develop essential community facilities for public use in rural areas." Funds can be used to support both equipment and services.
Bond / Loan Security
N/A
Eligible Applicants
Public bodies, non-profit organizations, and recognized Native American Tribes
Eligible Projects
Fire protection, rescue/ambulance, law enforcement, civil defense/early warning systems, mobile/stationary, communications, emergency responders, training facilities, hospitals, outpatient care, physician's clinics, migrant health centers, healthcare office buildings, county health department offices, food preparation distribution centers, animal shelters, schools, libraries, childcare, hospitals, medical clinics, assisted living facilities, fire and rescue stations, police stations, community centers, public buildings, and transportation.
Website
State Administered CDBG
Funding Type: Grants
The Pros
Wide range of eligible activities
The Cons
Only available to that did not get Fed CDBG; Assistance to be geared towards assisting low or moderate income populations
Description
CDBG Funds administered by the State to non-entitlement areas, areas that do not receive CDBG funds directly from HUD. Non-entitlement areas are cities with less than 50,000 and counties with less than 200,000. These funds can be used "to develop viable communities by providing decent housing and a suitable living environment and by expanding economic opportunities, principally for persons of low- and moderate-income."
Bond / Loan Security
N/A
Eligible Applicants
Grants are awarded to those local governments that are involved in development activities.
Eligible Projects
Acquisition of real property; relocation and demolition; rehabilitation of residential and non-residential structures; construction of public facilities and improvements, such as water and sewer facilities, streets, neighborhood centers, and the conversion of school buildings for eligible purposes; public services, within certain limits; activities relating to energy conservation and renewable energy resources; and provision of assistance to profit-motivated businesses to carry out economic development and job creation/retention activities.
Restrictions
Federal funds, which are allocated and administered by the State.
Website
USDA Community Facilities Loans and Grants
Funding Type: Grants
The Pros
Grants and loans especially for communities with less than 20,000 in population; Grants up to 75% of project cost
The Cons
Only for communities with less than 20,000 in population
Description
Community Programs provide loans, grants and loan guarantees for projects to develop essential community facilities for public use in rural areas. This may include hospitals, fire protection, public safety, libraries, schools, day care centers as well as many other community-based initiatives.
Bond / Loan Security
Loans - Bonds/Notes pledging taxes, assessments, or revenues; mortgages when permitted by State law; or tax-exempt notes or bones may be issued.
Eligible Applicants
Rural areas and towns of up to 20,000 in population
Eligible Projects
Construct, enlarge, or improve community facilities for health care, public safety, and public services. This can include costs to acquire land needed for a facility, pay necessary professional fees, and purchase equipment required for its operation.
Maximum Allocation Amount/Loan Limit
Grant assistance may be available for up to 75% of project costs.
Restrictions
For the Grants Program Only: Awarded Grants cannot be used to: "pay any annual recurring costs...; construct or repair electric generating plants, electric transmission lines, or gas distribution lines to provide services for commercial sale; pay costs to construct facilities to be used for commercial rental where the applicant has no control over tenants and services offered, construct facilities primarily for the purpose of housing State, Federal or quasi-Federal agencies; finance recreational facilities or community antenna television services or facilities"
Website
EPA Clean Water State Revolving Fund
Funding Type: Loans
The Pros
Multi-million dollar loans with low interest rates (~2.3%) and flexible terms; wide variety of eligible water/waste water related projects
The Cons
Multiple fees
Description
Each state maintains revolving loan funds to provide independent and permanent sources of low-cost financing for a wide range of water quality infrastructure projects. Funds to establish or capitalize the CWSRF programs are provided through federal government grants and state matching funds (equal to 20 percent of federal government grants). The Program operate much like environmental infrastructure banks that are capitalized with federal and state contributions. Monies are loaned to communities and loan repayments are recycled back into the program to fund additional water quality protection projects.
Bond / Loan Security
N/A
Eligible Applicants
The CWSRF program has assisted a range of borrowers including municipalities, communities of all sizes, farmers, homeowners, small businesses, and nonprofit organizations
Eligible Projects
Build or improve wastewater treatment plants, agricultural, rural, and urban runoff control, estuary improvement projects, wet weather flow control, including storm water and sewer overflows, alternative treatment technologies, water reuse and conservation projects.
Website
Infrastructure State Revolving Fund Program
Funding Type: Loans
The Pros
Loans up to $10,000,000; Broad categories of eligible projects, low-cost financing
The Cons
Must be project ready within 6 months; prevailing wages must be paid to workers.
Description
The ISRF Program provides low-cost financing to public agencies for a wide variety of infrastructure projects. ISRF Program funding is available in amounts ranging from $250,000 to $10,000,000, with loan terms of up to 30 years. Interest rates are set on a monthly basis. Preliminary applications are continuously accepted.
Bond / Loan Security
Source of repayment, readiness, tax-exempt financing
Eligible Applicants
Any subdivision of a local government, including cities, counties, redevelopment agencies, special districts, assessment districts, joint powers authorities and non-profit corporations formed on behalf of a local government.
Eligible Projects
Categories include city streets, county highways, state highways, drainage, water supply and flood control, educational facilities, environmental mitigation measures, parks and recreational facilities, port facilities, public transit, sewage collection and treatment, solid waste collection and disposal, water treatment and distribution, defense conversion, public safety facilities, and power and communications facilities.
Maximum Allocation Amount/Loan Limit
Up to $10,000,000
Restrictions
Applicants must demonstrate a "readiness to proceed" which is defined as the ability to begin construction within 6 months after the I-Bank's loan commitment. Competitive scoring system. Prevailing wage must be paid to workers.
Website
Redevelopment Tax Increment Funds
Funding Type: Loans
The Pros
Wide range of eligible projects; Less competition for assistance dollars; Local Redevelopment Agencies are willing partners
The Cons
Large assistance may not be immediately available; Certain activities trigger prevailing wage requirements
Description
Local Redevelopment Agencies utilize tax increment funds to implement a wide array of projects that support and improve the physical and economic conditions of the community. Agencies have the ability to assist local government, special districts, utilities, businesses, and property owners.
Eligible Applicants
Local government, special districts, utilities, businesses, and property owners.
Eligible Projects
Any project or program that improves the physical and economic conditions of the local community.
Restrictions
Certain activities trigger prevailing wage requirements
Website
USDA Community Facilities Loans and Grants
Funding Type: Loans
The Pros
Grants and loans especially for communities with less than 20,000 in population; Guaranteed and direct loans
The Cons
Only for communities with less than 20,000 in population
Description
A USDA program that provide loans, grants and loan guarantees for projects to develop essential community facilities for public use in rural areas. This may include hospitals, fire protection, public safety, libraries, schools, day care centers as well as many other community-based initiatives.
Bond / Loan Security
Loans - Bonds/Notes pledging taxes, assessments, or revenues; mortgages when permitted by State law; or tax-exempt notes or bones may be issued. Repayment of the loan must be based on tax assessments, revenues, fees, or other sources of money.
Eligible Applicants
Rural areas and towns of up to 20,000 in population
Eligible Projects
Construct, enlarge, or improve community facilities for health care, public safety, and public services. This can include costs to acquire land needed for a facility, pay necessary professional fees, and purchase equipment required for its operation.
Maximum Allocation Amount/Loan Limit
Guarantees up to 90% of principal of loan made by financial institution
Restrictions
For the Grants Program Only: Awarded Grants cannot be used to: "pay any annual recurring costs...; construct or repair electric generating plants, electric transmission lines, or gas distribution lines to provide services for commercial sale; pay costs to construct facilities to be used for commercial rental where the applicant has no control over tenants and services offered, construct facilities primarily for the purpose of housing State, Federal or quasi-Federal agencies; finance recreational facilities or community antenna television services or facilities"
Website
Historic Building Tax Credits
Funding Type: Tax Credits
The Pros
Tax credits of up 20% of project's rehabilitation cost
The Cons
Building must be a nationally certified historic structure or within a nationally certified historic area; Projects must maintain historic character, which is not well defined.
Description
The Preservation Tax Incentives reward private investment in rehabilitating historic properties such as offices, rental housing, and retail stores. Abandoned or under-used schools, warehouses, factories, churches, retail stores, apartments, hotels, houses, and offices in many cities have been restored to life in a manner that retains their historic character. The amount of credit under this program equals 20% of the qualifying costs of rehabilitation.
Bond / Loan Security
N/A
Eligible Applicants
Owners of historic building.
Eligible Projects
Building must be certified as a historic structure by the National Park Service.
Maximum Allocation Amount/Loan Limit
20% of the qualifying cost of the rehabilitation.
Restrictions
A project must be "substantial" in that the qualifying rehabilitation expenses must exceed the greater of $5,000 or the adjusted basis of the building.
Website
New Market Tax Credits (NMTC)
Funding Type: Tax Credits
The Pros
Tax credits of 39% of Project's total cost; Wide range of eligible projects
The Cons
Somewhat difficult application process; Projects must serve lower income communities; Building projects cannot have government entities as tenants; Program expires in 2013
Title
NOAA application materials were released on April 7, 2010; CDE Certification applications must be postmarked on or before: April 26, 2010; online submission of allocation application: June 2, 2010; date which by prior-year allocates must issues the requisite percentage of QEI's: July 21, 2010.
Description
Permits taxpayers to receive a credit against Federal income taxes for making qualified equity investments in designated Community Development Entities. The qualified equity investment must in turn be used to provide investments to low-income communities. The credit provided to the investor totals 39 percent of the cost of the investment and is claimed over a 7 year credit allowance period. In each of the first 3 years, the investor receives a credit equal to 5% of the total amount paid for the stock or capital interest at the time of purchase. For the final 4 years, the value of the credit is 6% annually. Investors may not redeem their investments in CDEs prior to the conclusion of the 7 year period.
Bond / Loan Security
Federal Income Tax Credits through conduit of Community Development Financial Institutions Fund (U.S. Dept. of Treasury)
Eligible Applicants
Domestic corporations or partnership at the time of the certification application; demonstrate a primary mission of serving or providing investment capital for, low income communities or persons; and maintain accountability to residents of low income communities through representation on a governing board or advisory board to the entity.
Eligible Projects
Charter schools, health care facilities, condominiums, timberlands, child care providers, supermarkets, restaurants, museums, hotels, performing arts centers, pharmacies, convenience stores, manufacturers, processors, distributors, trucking companies, printing companies, waste management companies, energy companies, sporting goods stores, business incubators, office buildings, shopping centers, substance abuse treatment facilities, car dealerships, florists, and recording studios...
Maximum Allocation Amount/Loan Limit
$5.0 Billion in equity; $150 Million in tax credit allocation authority per applicant
Restrictions
Housing can be ownership only; For metropolitan areas: less than 80% of AMI, for non-metropolitan areas: greater of 80% AMI or statewide non-metropolitan area median family income.
Website
Notes
NOAA application materials were released on April 7, 2010; CDE Certification applications must be postmarked on or before: April 26, 2010; online submission of allocation application: June 2, 2010; date which by prior-year allocates must issues the requisite percentage of QEI's: July 21, 2010.
HAZARDOUS WASTE / BROWNFIELDS
CA Dept. of Toxic Substance Control - Target Site Investigations
Funding Type: Grants
The Pros
Assistance with environmental investigations
The Cons
Assistance provided through investigative services (no actual fund); Up to $200,000 only in assistance
Description
TSI Funds are provided "to gain more information about a site's condition, which can directly affect decisions on property acquisition or development_âAlthough direct funding is not provided, the selected Brownfields sites receive environmental investigative services at no cost to the applicant. DTSC also provides technical oversight to ensure that the TSI funds are utilized in an effective manner and helps facilitates the decision making process."
Bond / Loan Security
N/A
Eligible Applicants
Local governments, school districts, redevelopment agencies, and non-profit organizations
Eligible Projects
Specific Sites that have: Brownfields Status, Current Ownership, Site Access (cleared of vegetation and other physical barriers), Local Agency and Community Support, Project Scope should be able to complete in one year.
Maximum Allocation Amount/Loan Limit
Up to $200,000; However, typically $45,000-$150,000 with the average award ~$75,000
Restrictions
Ineligible sites include: "state-owned properties, sites with ongoing or planned U.S. EPA directed removal actions, sites proposed or listed on the National Priority List, federally owned properties, sites under enforcement actions, active sites subject to RCRA corrective action."
Website
EPA - Cleanup Grant
Funding Type: Grants
The Pros
Grant providing direct financial assistance in the clean up costs and activities for a specific site
The Cons
Grants available up to only Up to $200,000 for each specific site; 20% cost share requirement
Description
An EPA Grant providing direct financial assistance in the clean up costs and activities for a specific site.
Bond / Loan Security
Cost Share
Eligible Applicants
State, local, and tribal governments; general purpose unites of local government, land clearance authorities, or other quasi-governmental agencies; regional council or redevelopment agencies; or states or legislatures. To receive the grant, "the applicant must be the sole owner of the proposed property...by the time of the proposal submission."
Eligible Projects
Specific sites contaminated by hazardous substances, pollutants, and contaminants and/or petroleum
Maximum Allocation Amount/Loan Limit
Up to $200,000 for each specific site, limited to five sites per entity.
Restrictions
The Applicant is required to have a 20% cost share. The awarded grant cannot be used to cover administrative costs or proposal preparation costs
Website
EPA Brownfield Assessment
Funding Type: Grants
The Pros
Grants for community-wide or site-specific hazardous substance assessments
The Cons
Grants typically up to only $200,000
Description
An EPA Grant that provides the funding to perform inventories on brownfields, determining the scope and process of cleanup and planning, environmental assessments and community outreach. Two types of Assessment Grants: Community-Wide and Site-Specific
Bond / Loan Security
N/A
Eligible Applicants
State, local, and tribal governments; general purpose unites of local government, land clearance authorities, or other quasi-governmental agencies; regional council or redevelopment agencies; or states or legislatures.
Eligible Projects
Specific sites or a community contaminated by hazardous substances, pollutants, and contaminants and/or petroleum
Maximum Allocation Amount/Loan Limit
Up to $200,000 to assess a "site contaminated by hazardous substances, pollutants, or contaminants" or a petroleum contaminated site.
Restrictions
The awarded grant cannot be used to cover administrative costs or proposal preparation costs
Website
EPA Brownfields Revolving Loan Fund Grant
Funding Type: Grants
The Pros
$1M grant to fund revolving loan fund for brownfield assessment and cleanup activities
The Cons
20% cost share requirement; Applicant can have only one grant; Grant funds cannot cover administrative costs
Description
An EPA Grant that provides funding to capitalize a revolving loan fund that provides subgrants to carry out assessment and/or cleanup activities at brownfields. Assessment grants provide funding for brownfields inventories, planning, environmental assessments, and community outreach.
Bond / Loan Security
20% Cost Share
Eligible Applicants
State, local, and tribal governments, with the exception of certain Indian tribes in Alaska; general purpose units of local government, land clearance authorities, or other quasi-governmental entities; regional council or redevelopment agencies; or states or legislatures.
Eligible Projects
Funds may be used to address sites contaminated by petroleum and/or hazardous substances, pollutants, or contaminants (including hazardous substances co-mingled with petroleum).
Maximum Allocation Amount/Loan Limit
$1,000,000 per eligible entity
Restrictions
The Applicant cannot have an existing Revolving Loan Fund Grant when applying. A 20% cost share in required of the applicant. The awarded grant cannot be used to cover administrative costs or proposal preparation costs.
Website
Redevelopment Tax Increment Funds
Funding Type: Grants
The Pros
Wide range of eligible projects; Less competition for assistance dollars; Local Redevelopment Agencies are willing partners
The Cons
Large assistance may not be immediately available; Certain activities trigger prevailing wage requirements
Description
Local Redevelopment Agencies utilize tax increment funds to implement a wide array of projects that support and improve the physical and economic conditions of the community. Agencies have the ability to assist local government, special districts, utilities, businesses, and property owners.
Eligible Applicants
Local government, special districts, utilities, businesses, and property owners.
Eligible Projects
Any project or program that improves the physical and economic conditions of the local community.
Restrictions
Certain activities trigger prevailing wage requirements
Website
DTSC Brownfield Cleanup Revolving Loan Fund Program
Funding Type: Loans
The Pros
Up to $900,000 loans per site for cleanup activities
The Cons
Assessments must already be completed; No other public agency can have plans to remediate site
Description
Working through a cooperative agreement with the Department of Toxic Substances Control (DTSC) that involves a partnership with the City of Los Angeles and the San Francisco Redevelopment Agency, the United States Environmental Protection Agency (U.S. EPA) awarded a grant of $3 million to DTSC on August 10, 2006. The grant is to capitalize a revolving loan fund to be used for Brownfields site cleanup.
Bond / Loan Security
Collateral; 10% owner equity participation match
Eligible Applicants
Borrowers can be any public or private entity with control over or access to a Brownfields site. Eligible subgrantees are limited to states, political subdivisions, U.S. territories, Indian tribes, and non?profit organizations that own the site they intend to clean up.
Eligible Projects
Cleanup of hazardous substances release sites Cleanup of petroleum sites
Maximum Allocation Amount/Loan Limit
Available loans are from $200,000 to $900,000 per site and subgrants are up to $200,000 per site. subgrant funds are limited.
Restrictions
Property(ies) must meet the CERCLA definition of a Brownfields site. Site assessment/investigation has been completed. The site is not currently listed or proposed for listing on the National Priorities List. A Federal or State agency is not planning or conducting a response or enforcement action at the site. Property is not currently owned by a party responsible for the environmental contamination of the site. A release of a hazardous substance or pollutant has occurred at the site.
Website
Infrastructure State Revolving Fund Program
Funding Type: Loans
The Pros
Loans up to $10,000,000; Broad categories of eligible projects, low-cost financing
The Cons
Must be project ready within 6 months; prevailing wages must be paid to workers.
Description
The ISRF Program provides low-cost financing to public agencies for a wide variety of infrastructure projects. ISRF Program funding is available in amounts ranging from $250,000 to $10,000,000, with loan terms of up to 30 years. Interest rates are set on a monthly basis. Preliminary applications are continuously accepted.
Bond / Loan Security
Source of repayment, readiness, tax-exempt financing
Eligible Applicants
Any subdivision of a local government, including cities, counties, redevelopment agencies, special districts, assessment districts, joint powers authorities and non-profit corporations formed on behalf of a local government.
Eligible Projects
Categories include city streets, county highways, state highways, drainage, water supply and flood control, educational facilities, environmental mitigation measures, parks and recreational facilities, port facilities, public transit, sewage collection and treatment, solid waste collection and disposal, water treatment and distribution, defense conversion, public safety facilities, and power and communications facilities.
Restrictions
Applicants must demonstrate a "readiness to proceed" which is defined as the ability to begin construction within 6 months after the I-Bank's loan commitment. Competitive scoring system. Prevailing wage must be paid to workers.
Website
Redevelopment Tax Increment Funds
Funding Type: Loans
The Pros
Wide range of eligible projects; Less competition for assistance dollars; Local Redevelopment Agencies are willing partners
The Cons
Large assistance may not be immediately available; Certain activities trigger prevailing wage requirements
Description
Local Redevelopment Agencies utilize tax increment funds to implement a wide array of projects that support and improve the physical and economic conditions of the community. Agencies have the ability to assist local government, special districts, utilities, businesses, and property owners.
Bond / Loan Security
Property Taxes
Eligible Applicants
Local government, special districts, utilities, businesses, and property owners.
Eligible Projects
Any project or program that improves the physical and economic conditions of the local community.
Restrictions
Certain activities trigger prevailing wage requirements
Website
ENERGY
California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) Property Assessed Clean Energy (PACE)-Bond Reserve Fund
Funding Type: Bonds
The Pros
Most public agencies are eligible; Qualified projects include clean energy improvements and energy and water efficiency.
The Cons
Bonds can finance smaller projects only; Bonds limited to providing small loans up to 10% of the property value.
Description
PACE-Bond or Property Assessed Clean Energy Bond Reserve Program is to assist local jurisdictions in financing the installation of distributed generation of renewable energy sources or energy or water efficiency improvements and is administered by the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA). PACE Bonds can be issued by municipalities to assist in financing loans to property owners to finance energy retrofits. The loans are repaid over 20 years.
Bond / Loan Security
N/A
Eligible Applicants
A "public agency as defined in Section 5898.20 of the Streets and Highways Code."
Eligible Projects
PACE bonds are used to finance qualified energy and water efficiency and clean energy improvements.
Restrictions
Improvements financed by the program follow applicable standards of energy efficiency retrofit work, including any guidelines adopted by the State Resources Conservation and Development Commission. A residential project of three units or fewer, or a commercial project that costs less than $25,000 in total.
Website
Financing Authority for Resource Efficiency of California (FARECal)
Funding Type: Bonds
The Pros
Cheaper bond issuance costs due to pooling of financial resources from members
The Cons
Must be a California Municipal Utilities Association (CMUA) member
Description
CMUA formed FARECal in 1993 which is the first statewide joint powers agency created specifically to finance water and energy conservation and efficiency programs through pooling financial resources. CMUA successfully sponsored legislation spelling out the authority of joint powers agencies such as FARECal to issue revenue bonds to finance water and energy conservation programs
Bond / Loan Security
N/A
Eligible Applicants
Cal Municipal Utility Association (CMUA) members
Eligible Projects
Water and Energy conservation programs
Website
Qualified Energy Conservation Bonds
Funding Type: Bonds
The Pros
Bonds to provide low-interest financing to reduce energy consumption in public buildings or to implement mass commuting facilities to reduce energy consumption
The Cons
Program is still under development
Description
These bonds are designed to provide low-interest financing to promote the use of alternative energy and energy efficiency in State, Local, and Tribal Government facilities. Up to 30% of each state_�s allocation may be used for eligible projects that are privately owned or operated. The term is likely to be at least 10 years long based on similar programs with the borrower making one principal plus interest payment annually.
Eligible Applicants
"Large local governments_� (defined as any municipality or county having a population of 100,000 or more) based on the proportion each large local government_�s population bears to the state_�s total population.
Eligible Projects
Capital expenditures incurred for purposes of Reducing energy consumption in publicly owned buildings by at least 20%, Implementing green community programs, Rural development involving the production of electricity from renewable energy resources, or Any facility eligible for the production tax credit under Section 45 of the IRS code. Also, Mass commuting facilities and related facilities that reduce the consumption of energy, including expenditures to reduce pollution from vehicles used for mass commuting.
Website
Redevelopment Tax Increment Funds
Funding Type: Bonds
The Pros
Wide range of eligible projects; Less competition for assistance dollars; Local Redevelopment Agencies are willing partners
The Cons
Large assistance may not be immediately available; Certain activities trigger prevailing wage requirements
Description
Local Redevelopment Agencies utilize tax increment funds to implement a wide array of projects that support and improve the physical and economic conditions of the community. Agencies have the ability to assist local government, special districts, utilities, businesses, and property owners.
Eligible Applicants
Local government, special districts, utilities, businesses, and property owners.
Eligible Projects
Any project or program that improves the physical and economic conditions of the local community.
Restrictions
Certain activities trigger prevailing wage requirements
Website
CA Department of Transportation Blueprint Grant
Funding Type: Grants
The Pros
Links transportation planning to sustainability
The Cons
Limited to planning, not implementation
Title
FY 2010-11 grant deadline has passed. FY 2011-12 grant application process will likely open in October 2011. May be limited to a certain type of RTPA or MPO (i.e. rural).
Description
Provides funding to create regional "Blueprints" for future growth. Regional Blueprints attempt to balance transportation planning with land use planning, housing needs, resource protection and other planning issues in order to achieve more sustainable regional growth patterns and improve the quality of life for Californians.
Bond / Loan Security
N/A
Eligible Applicants
Regional Transportation Planning Agencies (RTPA) and Metropolitan Planning Organizations (MPO).
Eligible Projects
Creation of a Regional Blueprint plan.
Maximum Allocation Amount/Loan Limit
None.
Restrictions
A minimum local match of 20 percent non-federal funds will be required. Matching funds can be cash and/or in-kind service.
Website
Notes
FY 2010-11 grant deadline has passed. FY 2011-12 grant application process will likely open in October 2011. May be limited to a certain type of RTPA or MPO (i.e. rural).
Community Development Block Grant (CDBG)(Federal)
Funding Type: Grants
The Pros
Wide range of eligible activities
The Cons
Only available to cities with 50,000+ population; Assistance to be geared towards assisting low or moderate income populations
Title
Final filing date for 09-10 was March 31, 2010 (or until funds are awarded). Notice of Funding Availability likely to be released in June. Nearly $500 Million has already been allocated for FY 2010.
Description
The program provides annual grants on a formula basis to entitled cities and counties to develop viable urban communities by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate-income persons.
Bond / Loan Security
N/A
Eligible Applicants
Principal cities of Metropolitan Statistical Areas (MSAs); other metropolitan cities with populations of at least 50,000; and qualified urban counties with populations of at least 200,000
Eligible Projects
Acquisition of real property; relocation and demolition; rehabilitation of residential and non-residential structures; construction of public facilities and improvements, such as water and sewer facilities, streets, neighborhood centers, and the conversion of school buildings for eligible purposes; public services, within certain limits; activities relating to energy conservation and renewable energy resources; and provision of assistance to profit-motivated businesses to carry out economic development and job creation/retention activities.
Maximum Allocation Amount/Loan Limit
N/A
Restrictions
Entitlement communities develop their own programs and funding priorities. However, grantees must give maximum feasible priority to activities which benefit low- and moderate-income persons. A grantee may also carry out activities which aid in the prevention or elimination of slums or blight. Applicants must complete a Consolidated Plan that outlines proposed activities.
Website
Notes
Final filing date for 09-10 was March 31, 2010 (or until funds are awarded). Notice of Funding Availability likely to be released in June. Nearly $500 Million has already been allocated for FY 2010.
High Energy Cost Grant Program
Funding Type: Grants
The Pros
Grant of up to $5M
The Cons
Community must have home energy costs that exceed 275% national average
Description
USDA-Rural Development Grant that provides funding assistance for eligible communities whose home energy costs exceed 275 percent of the national average. The financial assistance is for the "improvement of energy generation, transmission, and distribution facilities servicing eligible rural communities."
Eligible Applicants
Legally-organized organization (either for-profit or non-profit), a sole proprietorship, state or local government, or any agency or instrumentality of a state or local government (including public power or utility authorities), Native American Tribe, a tribally-owned entity, individual or group of individuals.
Eligible Projects
May include: "acquisition, construction, installation, repair, replacement, or improvement of energy generation, transmission, or distribution facilities in communities with extremely high energy costs. On-grid and off-grid renewable energy projects, and energy efficiency, and energy conservation projects are eligible."
Maximum Allocation Amount/Loan Limit
Up to $5,000,000
Restrictions
The project must improve energy generation, transmission, or distribution facilities. The administrative costs of the proposed project cannot exceed 4% of the administered grant funds.
Website
Integrated Regional Water Management (IRWM) Grants (CA Dept of Water Resources)
Funding Type: Grants
The Pros
Wide range of projects for water resource management
The Cons
Some projects require matching funds
Description
Offers grants for the planning and implementation of regional water resources management
Bond / Loan Security
N/A
Eligible Applicants
Changes year to year. Must be consistent with an IRWM Plan.
Eligible Projects
Changes year to year. Must be consistent with an IRWM Plan.
Maximum Allocation Amount/Loan Limit
Varies annually by region
Restrictions
Must apply to be designated as an eligible IRWM Region before applying for grants. Some grants require matching funds.
Redevelopment Tax Increment Funds
Funding Type: Grants
The Pros
Wide range of eligible projects; Less competition for assistance dollars; Local Redevelopment Agencies are willing partners
The Cons
Large assistance may not be immediately available; Certain activities trigger prevailing wage requirements
Description
Local Redevelopment Agencies utilize tax increment funds to implement a wide array of projects that support and improve the physical and economic conditions of the community. Agencies have the ability to assist local government, special districts, utilities, businesses, and property owners.
Eligible Applicants
Local government, special districts, utilities, businesses, and property owners.
Eligible Projects
Any project or program that improves the physical and economic conditions of the local community.
Restrictions
Certain activities trigger prevailing wage requirements
Website
State Administered CDBG
Funding Type: Grants
The Pros
Wide range of eligible activities
The Cons
Only available to that did not get Fed CDBG; Assistance to be geared towards assisting low or moderate income populations
Description
CDBG Funds administered by the State to non-entitlement areas, areas that do not receive CDBG funds directly from HUD. Non-entitlement areas are cities with less than 50,000 and counties with less than 200,000. These funds can be used "to develop viable communities by providing decent housing and a suitable living environment and by expanding economic opportunities, principally for persons of low- and moderate-income."
Bond / Loan Security
N/A
Eligible Applicants
Grants are awarded to those local governments that are involved in development activities.
Eligible Projects
Acquisition of real property; relocation and demolition; rehabilitation of residential and non-residential structures; construction of public facilities and improvements, such as water and sewer facilities, streets, neighborhood centers, and the conversion of school buildings for eligible purposes; public services, within certain limits; activities relating to energy conservation and renewable energy resources; and provision of assistance to profit-motivated businesses to carry out economic development and job creation/retention activities.
Restrictions
Federal funds, which are allocated and administered by the State.
Website
U.S. EPA Climate Showcase Communities Grants
Funding Type: Grants
The Pros
Broad range of eligible projects
The Cons
Requires matching funds
Title
Next funding cycle opens in Spring 2011.
Description
Assists local and tribal governments in establishing and implementing climate change initiatives that create replicable models that generate cost-effective and persistent greenhouse gas reductions while improving the environmental, economic, public health, or social conditions in a community.
Bond / Loan Security
N/A
Eligible Applicants
Local and tribal governments
Eligible Projects
Planning, demonstration and/or implementation projects designed to address climate change by reducing greenhouse gas (GHG) emissions. Includes green development, energy reduction projects, landuse/transportation/community master planning, resource management, and more.
Maximum Allocation Amount/Loan Limit
500000
Restrictions
Requires 50 percent matching funds
Website
Notes
Next funding cycle opens in Spring 2011.
Energy Efficiency Financing
Funding Type: Loans
The Pros
Sizeable loans with cheap interest rates; Eligible projects range from energy generation to implementation of energy efficient infrastructure, such as street lights and traffic signals.
The Cons
N/A
Description
A State Loan that provides 3% loans of up to $3 million for making public facilities energy efficient
Bond / Loan Security
Loan agreement between Applicant and Energy Commission, promissory note, and certain loans require a tax certificate
Eligible Applicants
Cities Counties Public Care Institutions Public Hospitals Public Schools & Colleges Special Districts
Eligible Projects
Projects with proven energy and/or capacity savings are eligible, provided they meet the eligibility requirements. Examples are: Lighting systems, Pumps and motors, Streetlights and LED traffic signals, Automated energy management systems/controls, Building insulation, Energy generation including renewable and combined heat and power projects, Heating and air conditioning modifications, or Waste water treatment equipment
Maximum Allocation Amount/Loan Limit
Up to $3 million per application
Restrictions
Loans for energy projects must be repaid from energy cost savings within 15 years, including principal and interest (approximately 11 years simple payback). Simple payback is calculated by dividing the dollar amount of the loan by the anticipated annual energy cost savings.
Website
Infrastructure State Revolving Fund Program
Funding Type: Loans
The Pros
Loans up to $10,000,000; Broad categories of eligible projects, low-cost financing
The Cons
Must be project ready within 6 months; prevailing wages must be paid to workers.
Description
The Infrastructure State Revolving Fund (ISRF) Program provides low-cost financing to public agencies for a wide variety of infrastructure projects. ISRF Program funding is available in amounts ranging from $250,000 to $10,000,000, with loan terms of up to 30 years. Interest rates are set on a monthly basis. Preliminary applications are continuously accepted.
Bond / Loan Security
Source of repayment, readiness, tax-exempt financing
Eligible Applicants
Any subdivision of a local government, including cities, counties, redevelopment agencies, special districts, assessment districts, joint powers authorities and non-profit corporations formed on behalf of a local government.
Eligible Projects
Categories include city streets, county highways, state highways, drainage, water supply and flood control, educational facilities, environmental mitigation measures, parks and recreational facilities, port facilities, public transit, sewage collection and treatment, solid waste collection and disposal, water treatment and distribution, defense conversion, public safety facilities, and power and communications facilities.
Maximum Allocation Amount/Loan Limit
Up to $10,000,000
Restrictions
Applicants must demonstrate a "readiness to proceed" which is defined as the ability to begin construction within 6 months after the I-Bank's loan commitment. Competitive scoring system. Prevailing wage must be paid to workers.
Website
Redevelopment Tax Increment Funds
Funding Type: Loans
The Pros
Wide range of eligible projects; Less competition for assistance dollars; Local Redevelopment Agencies are willing partners
The Cons
Large assistance may not be immediately available; Certain activities trigger prevailing wage requirements
Description
Local Redevelopment Agencies utilize tax increment funds to implement a wide array of projects that support and improve the physical and economic conditions of the community. Agencies have the ability to assist local government, special districts, utilities, businesses, and property owners.
Eligible Applicants
Local government, special districts, utilities, businesses, and property owners.
Eligible Projects
Any project or program that improves the physical and economic conditions of the local community.
Restrictions
Certain activities trigger prevailing wage requirements
Website
TRANSPORTATION
Redevelopment Tax Increment Funds
Funding Type: Bonds
The Pros
Wide range of eligible projects; Less competition for assistance dollars; Local Redevelopment Agencies are willing partners
The Cons
Large assistance may not be immediately available; Certain activities trigger prevailing wage requirements
Description
Local Redevelopment Agencies utilize tax increment funds to implement a wide array of projects that support and improve the physical and economic conditions of the community. Agencies have the ability to assist local government, special districts, utilities, businesses, and property owners.
Eligible Applicants
Local government, special districts, utilities, businesses, and property owners.
Eligible Projects
Any project or program that improves the physical and economic conditions of the local community.
Restrictions
Certain activities trigger prevailing wage requirements
Website
Total Road Improvement Programs (TRIP)
Funding Type: Bonds
The Pros
Pooled securitization to provide cheap bonds for road improvement and repair projects
The Cons
Must be a member of California Communities
Description
California Communities has two new pooled securitization programs to assist local agencies in bonding against future payments to obtain funding for more projects today. The Gas Tax Accelerated Street Improvement Program will allow local governments to leverage their State Motor Vehicle Fuel Tax (the Gas Excise Tax) to finance road improvement projects. The Proposition 42 Roadway Repair Program will assist local governments to securitize future Proposition 42 (the Gas Sales Tax) payments for use today to make much needed repairs and improvements.
Bond / Loan Security
NO pledge required of the local agency's General Funds
Eligible Applicants
California Communities
Eligible Projects
Maintenance and construction of public streets and highways
Website
Bicycle Transportation Account (BTA)
Funding Type: Grants
The Pros
Funds projects that promote safety for bike riders; Maximum amount is $1,800,000
The Cons
Applicant must provide at least 10% of the funding source; Project must be in compliance with the Regional Plan; Applicant must have a Bicycle Transportation Plan
Title
Call for Projects for FY 2011-12 is anticipated later in the Fall 2010
Description
BTA is an annual fund administered by the state to local cities and counties in order to fund projects that promote safety for bicyclists.
Bond / Loan Security
N/A
Eligible Applicants
Local Cities and Counties (both as applicant and project sponsors)
Eligible Projects
In order to be eligible for funding, the local city or county must prepare and adopt a Bicycle Transportation Plan, BTP in accordance with the Streets and Highways Code Section 891.2. The local Regional Transportation Planning Agency needs to approve of the agency's BTP. Only Projects identified in the BTP are eligible for funding.
Maximum Allocation Amount/Loan Limit
No applicant will be allocated more than 25% of the total amount for the BTP for a single fiscal year. The Maximum amount deemed by the BTA is $1,800,000
Restrictions
Funds allocated by BTA can pay a maximum of 90% of the eligible project's total cost, thus the applicant or the local agencies must provide at least 10% of the cost from other funding sources (other than BTA funds).
Website
Notes
Call for Projects for FY 2011-12 is anticipated later in the Fall 2010
CALTRANS Transportation Planning Grant Program
Funding Type: Grants
The Pros
$300,000 for transportation planning
The Cons
33.47% match requirement
Title
http://www.dot.ca.gov/hq/tpp/grant_files/0910/Caltrans-SMTM_112508.pdf Current funding deadlines has passed, however state budget may affect the next round of funding.
Description
Additional CALTRANS grants that promote sustainable communities, which includes improvements in transportation, access, mobility and economic equity.
Eligible Applicants
Metropolitan Planning Organizations, Regional Transportation Planning Agencies, Cities, Counties, Transit Agencies, and Federally Recognized Native American Tribal governments can apply as either an Applicant or Sub-Recipient. Universities and community Colleges, Community-Based Organizations, Non-Profits, and Public Entities apply as sub-recipients with a lead Applicant
Eligible Projects
Grant provides financial assistance towards transportation planning studies or projects, including transportation focused internships.
Maximum Allocation Amount/Loan Limit
Partnership Planning Grant and 5304 Transit Planning - up to $300,000
Restrictions
Requires a local match: Partnership Planning requires 20% minimum of a local match with non-federal funds and 5304 Transit Planning requires a 11.47% minimum of a local match with non-federal funds.
Website
Notes
http://www.dot.ca.gov/hq/tpp/grant_files/0910/Caltrans-SMTM_112508.pdf Current funding deadlines has passed, however state budget may affect the next round of funding.
Community Development Block Grant (CDBG)(Federal)
Funding Type: Grants
The Pros
Wide range of eligible activities
The Cons
Only available to cities with 50,000+ population; Assistance to be geared towards assisting low or moderate income populations
Title
Final filing date for 09-10 was March 31, 2010 (or until funds are awarded). Notice of Funding Availability likely to be released in June. Nearly $500 Million has already been allocated for FY 2010.
Description
The program provides annual grants on a formula basis to entitled cities and counties to develop viable urban communities by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate-income persons.
Bond / Loan Security
N/A
Eligible Applicants
Principal cities of Metropolitan Statistical Areas (MSAs); other metropolitan cities with populations of at least 50,000; and qualified urban counties with populations of at least 200,000
Eligible Projects
Acquisition of real property; relocation and demolition; rehabilitation of residential and non-residential structures; construction of public facilities and improvements, such as water and sewer facilities, streets, neighborhood centers, and the conversion of school buildings for eligible purposes; public services, within certain limits; activities relating to energy conservation and renewable energy resources; and provision of assistance to profit-motivated businesses to carry out economic development and job creation/retention activities.
Maximum Allocation Amount/Loan Limit
N/A
Restrictions
Entitlement communities develop their own programs and funding priorities. However, grantees must give maximum feasible priority to activities which benefit low- and moderate-income persons. A grantee may also carry out activities which aid in the prevention or elimination of slums or blight. Applicants must complete a Consolidated Plan that outlines proposed activities.
Website
Notes
Final filing date for 09-10 was March 31, 2010 (or until funds are awarded). Notice of Funding Availability likely to be released in June. Nearly $500 Million has already been allocated for FY 2010.
Community-Based Transportation Planning
Funding Type: Grants
The Pros
Up to $300,000 grant for transportation projects
The Cons
10-25% local match fund required; Projects must be in accordance with region's RPTA (CALTRANS) or MPO (CALTRANS)
Description
A CALTRANS grant which provides planning funds to local communities to effectively assist in developing sustainable communities. Funds can be used in various ways to link transportation and land-use. Projects must support sustainable communities, with community involvement and transportation as a component (with addresses safety, mobility, and access).
Eligible Applicants
Metropolitan Planning Organizations, Regional Transportation Planning Agencies, Cities, Counties, Transit Agencies, and Federally Recognized Native American Tribal governments can apply as either an Applicant or Sub-Recipient. Universities and community Colleges, Community-Based Organizations, Non-Profits, and Public Entities apply as sub-recipients with a lead Applicant
Eligible Projects
Projects that are coordinated and in accordance with the transportation planning efforts of the region's RPTA or MPO, as well as in accordance with the region's Blueprint Plan.
Maximum Allocation Amount/Loan Limit
up to $300,000
Restrictions
Requirement of a 10% minimum in a local match in non-federal funds, up to one-quarter of the local match can be in-kind.
Website
EDA - Public Works and Economic Development
Funding Type: Grants
The Pros
Wide range of eligible public works and infrastructure projects; Grant up to 50% of project's total cost
The Cons
Very competitive; Strict economic eligibility requirements
Description
A Federal Grant that provides funding for public works and infrastructure necessary for competitive economic revitalization and growth for communities and regions.
Bond / Loan Security
Matching Share Requirement
Eligible Applicants
Local agencies and non-profit organizations
Eligible Projects
Needed development in a region of high economic distress.
Maximum Allocation Amount/Loan Limit
Generally, Grant does not exceed 50% of the project's total cost.
Restrictions
Region of high economic distress meets one or more of these criteria: "an 24-month unemployment rate that is at least 1% greater than the national average unemployment rate; per capita income that is 80% or less of the national average per capita income; a loss of a major employer, closure or restructuring of industrial firm, population loss underemployment, military base closure or realignment, Dept of Energy defense-related reduction, Dense Contractor reductions-in-force, Natural or other major disasters or emergencies.
Website
Environmental Justice Planning
Funding Type: Grants
The Pros
$250,000 grants to promote community safety, access, and mobility for low income and minority communities
The Cons
10-25% local match fund required; Projects must be in accordance with region's RPTA (CALTRANS) or MPO (CALTRANS)
Description
A CALTRANS grant which provides funding for promoting community involvement and improving safety, access, and mobility for low-income, minority and Native American communities
Eligible Applicants
Metropolitan Planning Organizations, Regional Transportation Planning Agencies, Cities, Counties, Transit Agencies, and Federally Recognized Native American Tribal governments can apply as either an Applicant or Sub-Recipient. Universities and community Colleges, Community-Based Organizations, Non-Profits, and Public Entities apply as sub-recipients with a lead Applicant
Eligible Projects
Projects "should be coordinated with the transportation planning efforts taking place under the region's RPTA or MPO," as well as in accordance with the region's Blueprint Plan.
Maximum Allocation Amount/Loan Limit
up to $250,000
Restrictions
Requirement of a 10% minimum in a local match in non-federal funds, up to one-quarter of the local match can be in-kind.
Website
Redevelopment Tax Increment Funds
Funding Type: Grants
The Pros
Wide range of eligible projects; Less competition for assistance dollars; Local Redevelopment Agencies are willing partners
The Cons
Large assistance may not be immediately available; Certain activities trigger prevailing wage requirements
Description
Local Redevelopment Agencies utilize tax increment funds to implement a wide array of projects that support and improve the physical and economic conditions of the community. Agencies have the ability to assist local government, special districts, utilities, businesses, and property owners.
Eligible Applicants
Local government, special districts, utilities, businesses, and property owners.
Eligible Projects
Any project or program that improves the physical and economic conditions of the local community.
Restrictions
Certain activities trigger prevailing wage requirements
Website
State Administered CDBG
Funding Type: Grants
The Pros
Wide range of eligible activities
The Cons
Only available to that did not get Fed CDBG; Assistance to be geared towards assisting low or moderate income populations
Description
CDBG Funds administered by the State to non-entitlement areas, areas that do not receive CDBG funds directly from HUD. Non-entitlement areas are cities with less than 50,000 and counties with less than 200,000. These funds can be used "to develop viable communities by providing decent housing and a suitable living environment and by expanding economic opportunities, principally for persons of low- and moderate-income."
Bond / Loan Security
N/A
Eligible Applicants
Grants are awarded to those local governments that are involved in development activities.
Eligible Projects
Acquisition of real property; relocation and demolition; rehabilitation of residential and non-residential structures; construction of public facilities and improvements, such as water and sewer facilities, streets, neighborhood centers, and the conversion of school buildings for eligible purposes; public services, within certain limits; activities relating to energy conservation and renewable energy resources; and provision of assistance to profit-motivated businesses to carry out economic development and job creation/retention activities.
Restrictions
Federal funds, which are allocated and administered by the State.