GETTING FLORIDA BACK TO WORK

1
GETTING FLORIDA BACK TO WORK
Florida Small Cities CDBG Program Economic
Development
2
Department of Economic Opportunity Under One
Umbrella

• Enterprise Florida
• Strategic Business Development
• Small Cities CDBG Program
• Agency for Workforce Innovation
• Rural Economic Development Initiative
• Division of Planning

3
Other Critical Partners

• Other State Agencies
• Local Governments
• ED Councils and Chambers
• Regional Planning Councils
• Economic Development Administration
• USDA Rural Development

4
Floridas Basic CDBG ED Approaches

• Public Infrastructure
• Local Government-Owned Buildings
• Low Interest Loans
• Assistance to non-profit subrecipients
• Section 108 Loans

5
Approaches to ED s

• 2009 20 of pass through - 5.2M
• 2010 20 of pass through - 5.4M
• 2011 30 of pass through - 6.8M
• actually have offers out for 8.8M
• 2012 40 of pass through - 8.6M
• just opened cycle 8-15-12

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2011 Highlights

• 8.8 million in CDBG awarded
• 18 application submissions including 5
  resubmissions
• 7 projects total awarded
• 2 projects with over 3 million in CDBG
  assistance
• 83 million in non-CDBG investment
• Minimum 262 New FTEs / 134 LMI
• Estimated 818 New FTEs / 418 LMI

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New Approaches for New Jobs

• 2011 Legislative Session removed 750,000
  CDBG cap from Florida Statute
• Waivers of State Administrative Rule imposing the
  750,000 cap
• Allowed DEO to fund larger amounts for larger
  projects creating larger numbers of jobs

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Going Forward

• 2012 Minimum 8.6M for ED projects - an
  increase of 10 over 2011
• Strengthen Partnerships and Incentives
  Coordination
• Expand our internal ED team
• Pro ED revisions to Statute and Rule
• Explore creative allowable approaches to using
  CDBG for economic development projects

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Team Up for ED Ideas

• Participate in our Recent ED Survey on
• Microenterprises, Business Incubators, Merging
  Commercial Revitalization w/ ED, Section 108
  Loans, Special ED Activities, Services for
  Businesses, Non-Profits, T/TA and National
  Objective approaches
• Survey Results shared with Participants
• Contact Sean Lewis at sean.lewis_at_deo.myflorida.co
  m

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2011 CDBG Assisted Projects
2.46M CDBG Investment in Infrastructure To
Marianna, Florida HomeSource International Textile
and Furniture Manufacturer 300 FTEs
524K CDBG Investment in Infrastructure To Lee,
Florida Annett Bus Line Expansion 15 FTEs
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2011 CDBG Assisted Projects
750,000 CDBG Investment in Infrastructure To
Lake Wales, Florida ViaVita Assisted Living
Facility 46 FTEs
384,486 CDBG Investment in Infrastructure To
Hendry County, Florida Sterile Trucking Facility
Expansion 15 FTEs
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GETTING FLORIDA BACK TO WORK
Florida Small Cities CDBG Program Economic
Development Patrick Howard 850-717-8418 Patrick.Ho
ward_at_deo.myflorida.com