HomeMy Public PortalAboutMisc. -- 05/12/2020 Agenda TOO BREWSTER SELECTBOARD
CCO PETER LOMBARDI, TOWN ADMINISTRATOR
FROM , ALICE BOYD, BAILEY BOYD ASSOCIATES
DATE , MAY 21 2020
REO PARTICIPATION IN CDBG COVID-19 GRANT
The Federal Coronavirus Aid , Relief; and Economic Seoulity Act, signed into law lvlarch 27 ,
2020 included Community .Development Block Grant ( CDBG) finds for each state to assist local
communities In meeting the CUV1D -related needs ai' low to moderate- income residents . The
.Department of I Iottsing & Community Development will be making $ 19m available to non "
entitlement communities statewide (non- entitlement cities and towns do not receive CDBG
funding directly from the Federal Government and must compete for funds passed through the
Sta ( e ) . We expect DHCD to release applications imminently and they will be expedited .
The Town of 'fruro Is currently the lead community fol• a regional CDBG Brant and is Inviting
the town of Brewster to participate in an eight- town regional application that will provide two
programs to benefit Brewster residents . The public heating for this project will be conducted on
May 12 , 2020 and will determine the final application contents however based upon input from
local social service agencies we anticipate applying foil the following :
Small Business Foreivable Loans & Microcnterm ise Forgivable Loans
nus loan fund would provide forgivable loans tied to job retention . The funds could be used by
local businesses to bring back employees , or pay the overhead and costs of doing business .
Businesses who retain employees for a set ,period of time would have their loans forgiven .
Seasonal businesses are accepted into this program .
MortLyal;c and/or Rental Assistance
'These iitnds would benefit local residents with up to three months assistance on meeting rent and
r
mortgage obligations . [ estcic.nts must be Income qualified and be determined as low-to moderate
income . We would require applicants to verily that they had first negotiated with their mortgage
lender or landlord previous to applying . Payments would be made directly to the lender of
landlord . The local organizations that were polled recommended that 30% of the program finds
be utilized for this program .
9 Hillside Road Scituate , MA 02066 Phone 508 . 430 . 4499 ( Fax 508 . 430 , 4498
There is no cost to the town of Brewster and there is great benefit to residents however there is a
requirement to participate :
• The Select Board must vote to participate in FYI CDBG-CV grant and sign two copies
of a "Joint Authorization Form" (attached) and return it to me as quickly as possible
Proposed Motion : Move to participate in the regional FY19 CDBG- CV grant for Small
Business and Microenterprise Loans along with Rental and Mortgage Subsidies program.
Thank you for your consideration.
MASSACHUSETTS COMMUNITY DEVELOPMENT BLOCK GRANT - CORONA VIRUS
Community Development Fund 2019-CV
Joint Application Authorization : Brewster
CDF-2019-CV Truro
MUNICIPALITY : Brewster
Contact Person :
Name . Peter Lombardi
Title . Town Administrator
Signature of Chief Elected Official
Printed Name of Chief Elected Official
Title of Chief Elected Official