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MARYLAND CDBG RURAL INFRASTRUCTURE FUNDING COLLABORATION

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MARYLAND CDBG RURAL INFRASTRUCTURE FUNDING COLLABORATION. COLLABORATE, COORDINATE & CO-MANAGE FUNDERS: CDBG USDA – RURAL DEVELOPMENT MD DEPT OF THE ENVIRONMENT ► Funders meet regularly to collaborate on the funding of projects - PowerPoint PPT Presentation

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MARYLAND CDBG RURAL INFRASTRUCTURE FUNDING COLLABORATION

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Page 1: MARYLAND CDBG RURAL INFRASTRUCTURE FUNDING COLLABORATION

MARYLAND CDBGRURAL

INFRASTRUCTUREFUNDING

COLLABORATION

Page 2: MARYLAND CDBG RURAL INFRASTRUCTURE FUNDING COLLABORATION

COLLABORATE, COORDINATE & CO-MANAGE

FUNDERS: CDBGUSDA – RURAL DEVELOPMENTMD DEPT OF THE ENVIRONMENT

►Funders meet regularly to collaborate on the funding of projects

►Funders meet jointly with counties and towns to help them determine the best funding scenarios

►Funders meet with grantees to coordinate on compliance requirements and expenditures

Page 3: MARYLAND CDBG RURAL INFRASTRUCTURE FUNDING COLLABORATION

EXAMPLE:

Town of Snow HillWastewater Treatment Plant Upgrade

Beneficiaries: 2,054

Total Cost: $13.9 Million

CDBG - $600,000 grant MDE - $2.1 m loanUSDA - $1.3 m grant MDE - $8.8 m grantUSDA - $1 m loan

Page 4: MARYLAND CDBG RURAL INFRASTRUCTURE FUNDING COLLABORATION

EXAMPLE:

Mt. Savage Water Extension & Sewer Rehabilitation

Beneficiaries: 1,350

Total Cost: $11 Million

CDBG - $1.4 m grant USDA - $4.3 m loanMDE - $500,000 grant USDA - $4.8 m grant

Page 5: MARYLAND CDBG RURAL INFRASTRUCTURE FUNDING COLLABORATION

EXAMPLE:

North Caroline SewerPhase 1

Beneficiaries: 2,829

Total Cost: $11 Million

CDBG - $600,000 grant MDE - $551,250 loanUSDA - $2.8 m grant MDE - $2.1 m grantUSDA - $3.2 m loan

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