How to Maximize CDBG Funds for Optimal Benefit
Thursday, November 08, 2018 9:30 AM - 4:30 PM (Eastern Time)
Thomas Edison State University
111 West State Street
Trenton, New Jersey 08608
Workshop Cost: $150
The Community Development Block Grant (CDBG) program provides flexible capital for a variety of community development programs designed to benefit low-income families and communities. However, grantees must find ways to maximize the return on these limited and shrinking funds.
The How to Maximize CDBG Fund for Optimal Benefit workshop will provide CDBG entitlement jurisdictions, CBDOs, sub-recipients, and beneficiaries with Best Practices and Models for implementing CDBG eligible activities. This one-day course will also review the federal rules and regulations specifically related to the program eligibility test and national objective, and discuss approaches used to gather community-wide input, especially from low income residents, for the Consolidated Plan.
The workshop will examine various models to illustrate how communities created employment opportunities, microenterprise programs and other special economic development activities leveraging CDBG funds. Also, real estate development and infrastructure projects will be evaluated for financial feasibility, return on investment and cost reasonableness, and how they passed the public benefit test. The workshop will also discuss related regulation requirements, pertaining to relocation, environmental, procurement and Davis-Bacon. Participants will also discuss methods for tracking, documenting and monitoring CDBG funded programs for compliance.
The key learning objectives are:
- Determine best use of CDBG funds to match community objectives;
- Explore different CDBG model projects for market appropriateness and financial feasibility;
- Examine underwriting guidelines for CDBG funded projects;
- Understand CDBG administrative requirements; and
- Discuss documentation and compliance strategies for CDBG funds.