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Community Development Block Grant Revolving Loan Fund Closeout Program
CSFA Number: 420-75-1638
Agency Name
Department Of Commerce And Economic Opportunity (420)
Agency Identification
24-8
Agency Contact
Wendy Bell
217-558-4200
wendy.bell@illinois.gov
Short Description
The program provides federal funding for a variety of community-based projects for Communities that have returned their locally-held, CDBG funded Revolving Loans to the State.
Federal Authorization
Housing and Community Development (HCD) Act of 1974; 20 ILCS 605/605-915; 20 ILCS 605/605-945; 20 ILCS 605/605-950
Illinois Statue Authorization
N/A
Illinois Administrative Rules Authorization
N/A
Objective
Strengthened community economic development through the creation of jobs, stimulation of private investment and strengthening the tax base; improvement of public infrastructure and elimination of conditions which are detrimental to health, safety and public welfare; and conservation and expansion of the State's housing stock in order to provide a decent home and a suitable living environment.
Prime Recipient
Yes
UGA Program Terms
Program-Specific Terms and requirements can be found at 24 CFR Part 570, 2 CFR 200 and program information at www.illinois.gov/dceo/CommunityServices/CommunityInfrastructure.
Eligible Applicants
Government Organizations;
Applicant Eligibility
Only units of local government that have returned their locally-held Revolving Loan Funds to the State are eligible to apply.
Beneficiary Eligibility
N/A
Types of Assistance
Project Grants
Subject / Service Area
Economic Development
Credentials / Documentation
3. Water and Sewer Rates: A fundamental principle of utility fund financing is that user rates should be sufficient to fund the entire cost of utility system operations. This principle is accepted by all authoritative Sources. Therefore, an applicant must demonstrate that the applicable Water or Sewer rate currently meets or exceeds 1 percent of the Median Household Income (MHI) per 5,000 gallons.
Preapplication Coordination
Eligible communities may apply for up to two grants equaling the amount of their RLF Closeout Credit.
Application Procedures
N/A
Criteria Selecting Proposals
N/A
Award Procedures
N/A
Deadlines
N/A
Range of Approval or Disapproval Time
N/A
Appeals
N/A
Renewals
N/A
Formula Matching Requirements
Application submissions are evaluated based on the criteria contained in the annual Guidebook available on the Department's website.
Uses and Restrictions
Funds shall be used by the State in accordance with HUD requirements and the approved Consolidated/Action Plan.
Reports
Quarterly reports are submitted to track fiscal spending and project completion. Monitoring visits are conducted as needed based on an established risk analysis.
Audits
N/A
Records
N/A
Account Identification
Various
Obligations
Various
Range and Average of Financial Assistance
Various
Program Accomplishments
N/A
Regulations, Guidelines, and Literature
Community Development Block Grants are covered by 2 CFR.570.
Regional or Local Assistance Location
N/A
Headquarters Office
500 East Monroe, Springfield IL 62701
Program Website
N/A
Example Projects
N/A
Published Date
10/19/2021
Federal Funding
Notice of Funding Opportunities
Agency IDAward RangeApplication Range
Agency IDGrantee NameStart DateEnd DateAmount
18-248161Crawford County06/01/202205/31/20241,040,501
18-248162Crawford County06/01/202205/31/2024465,905
18-248272City of Harrisburg10/01/202209/30/2025462,868
18-248501County of Pike06/01/202205/31/2024324,299
18-248231City of Gillespie09/01/202105/31/2024314,981