The Community Development Block Grant (CDBG) program offers grants to small Missouri communities to improve local infrastructure and facilities, address critical health and safety concerns, and develop a greater capacity for growth. CDBG funding originates at the federal level with the U.S. Department of Housing and Urban Development (HUD), but is administered at the state level by the Missouri Department of Economic Development (DED). The state CDBG funds are only available to non-entitlement areas (incorporated municipalities under 50,000 and counties under 200,000 in population).
Low-interest Loans to Schools and Governments for Energy Efficiency Improvements
FY2017 Supplemental (2.75% interest rate) loan cycle is now open. Loan applications are being accepted from October 3, 2016 to January 13, 2017. The loan amount per applicant is $10,000 to $1,000,000. Loans are repaid by energy savings with a maximum repayment term of 10 years including principal and interest.
The Division of Energy provides loans to public schools (K-12), public/private colleges and universities, city/county governments, public owned airport facilities (municipal, county, regional, and international), public water and wastewater treatment facilities, and public/private not-for-profit hospitals to help reduce energy costs through the Energy Loan Program.
This loan financing may be used for various energy-saving investments, including projects such as upgrading insulation, lighting systems, heating and cooling systems, windows and other items that affect your energy use.
The Missouri Department of Transportation is now seeking projects to be funded using 2017 Rural Statewide Transportation Alternatives Program (TAP). This program call will award $7.6 million of federal TAP funds. LPAs that reside within the Metropolitan Planning Organizations of OTO, MARC, and East-west Gateway are not eligible for this program call.
Eligible projects include:
Awarded projects will be funded with 80 percent federal funds and require a minimum 20 percent cash local match.
Homeowners needing to make improvements to septic and other onsite wastewater systems have a financing option for those projects in a program funded by the Missouri Department of Natural Resources and delivered by Missouri’s Regional Planning Commissions and Council of Governments. The purpose of the program is to provide financing to homeowners seeking to make improvements to, or replace, their on-site wastewater systems.
Eligible applicants include homeowners with a failing or failed on-site wastewater treatment system. Grant eligibility is based on income guidelines outlined by the Department of Health and Human Services. The maximum grant availability is 50% of the project cost. Homeowners will be required to provide evidence of financial need and must have sufficient income to make the loan payment and maintain the system.