PCEDC’s role with grant programs is threefold:
- We help businesses connect with resources to help them thrive.
- We identify funding opportunities.
- And we help businesses and organizations apply for grants and introduce them to funding sources.
These funds have been used as startup capital for new businesses, funding for expansions to existing businesses, as well as funds to scale their business as they grow. PCEDC helps businesses and nonprofits prepare to tackle the entire grant funding process from start to finish.
EPA Brownfields Assessment Grant & Revolving Loan Grant Fund
In 1994, Congress and the Clinton Administration authorized the “Brownfields Tax Incentive to Speed Up Urban Cleanup, Redevelopment.” Seeing success in the tax incentive, and realizing there were many more opportunities, in January 2002, the Small Business Liability Relief and Brownfields Revitalization Act was signed into federal law. By definition, Brownfields are “Real property, the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant.” Essentially, a Brownfield site is a property where re-development is impeded because of contamination, real or perceived. The key benefits of Brownfields redevelopment include:
- The protection of public health and the environment through cleanup of commercial/industrial properties.
- Slowing of “urban sprawl” by encouraging reuse of properties.
- Increased tax revenues.
- Use of existing infrastructure (e.g. roads, rail, water, sewer).
- The creation of new jobs.
- The revitalization of declining commercial/industrial based communities.
Over the years, PCEDC has successfully written and received grants through the EPA Brownfields Assessment Grants, Brownfields Revolving Loan Fund Grant, and Brownfields site-specific Cleanup Grants. PCEDC efforts have helped with identification of contamination on sites, cleanup and remediation work, and helped developers and our communities work together to bring life back into buildings sitting fallow. PCEDC operates a $1.4 million EPA Brownfields Revolving Loan Fund Grant and a $400,000 EPA Brownfields Assessment Grant.
For more information regarding our EPA Brownfields Assessment Grant Program and EPA Brownfields Revolving Loan Fund, please contact us at (insert email address here).
Community Development Block Grant Program (CDBG)
Each year the State of Maine receives an allocation from the federal Department of Housing and Urban Development (HUD) and makes the funds available to communities through a number of grant programs including Housing Assistance, Public Infrastructure, Public Facilities, Public Service, Downtown Revitalization, and Economic Development programs.
The CDBG Program helps local governments implement programs that:
- Benefit low- and moderate-income persons;
- Are part of a long-range community strategy;
- Improve deteriorated residential and business districts and local economic conditions;
- Provide the conditions and incentives for further public and private investment; and
- Foster partnerships between groups of municipalities, state and federal entities, organizations and the private sector to address common community and economic development problems.
PCEDC staff provides technical assistance to Western Maine communities seeking financing through the Maine Community Development Block Grant (CDBG) Program. Assistance provided includes identification of eligible projects and activities, ensuring projects meet national objectives, review and assistance with application drafts.
For more information on the CDBG Program, please visit the Maine Office of Community Development. The annual program statement outlines the allocation of funds and the various program offerings for that year.
CDBG Grant Administration
PCEDC has a certified CDBG grant administrator who can provide grant administration services to member communities for implementation of their CDBG funded projects depending on staff availability.
PCEDC helps our businesses and organizations with grant searches and preparing applications. We also make connections with a network of private funders when appropriate. Contact us with your project needs and we will help identify opportunities for grants and funding solutions.