NEW ALBANY — Additional than 40 regional enterprises each could receive $10,000 as the New Albany Redevelopment Fee will vote Tuesday on increasing the grant plan.
The town recognized applications for small companies by June 30, initially eying awarding a full of $250,000. The first allotment is coming by the 3rd phase of the Indiana Place of work of Group and Rural Affairs. Since New Albany is a federal entitlement town, specifically garnering Neighborhood Improvement Block Grant money, it was ineligible for the initial two rounds of OCRA awards.
New Albany Redevelopment Director Josh Staten claimed the city received over 40 purposes, and personnel was even now checking these requests Monday to be certain the firms meet up with the recommendations for the grants. In anticipation of owning a lot more businesses than OCRA money, the redevelopment commission will be asked Tuesday to suitable cash from the federal American Aid Approach to cover added grants.
Staten reported team was still identifying exactly how much more funding could be necessary, but it will very likely be about $150,000.
Josh Staten
“We experienced a good quantity of folks use for that grant, and that confirmed there’s still a need for company assistance out there,” Staten reported, referring to the financial outcomes of COVID-19.
“I’m proud of what the corporations and different corporations have performed in New Albany, but we want to enable them exactly where we can.”
The grants are open up for smaller organizations all through the town, not just downtown or within CDBG tracts.
The redevelopment fee will also be requested to take into consideration a $50,000 ARP grant for Courtroom Appointed Specific Advocates of Floyd County. The nonprofit advocates for abused and neglected small children who are associated in scenarios in the community court program.
In accordance to the organization’s site, there were being 406 young children in the Floyd County CASA application as of April, with 204 on a hold out listing.
Staten stated CASA associates will converse about the method and the certain desires Tuesday, but extra aiding the nonprofit falls in line with identical ARP funding requests accepted by the commission.
New Albany is getting $16.83 million over the upcoming two many years via the federal software. The fee has presently awarded multiple requests, which includes furnishing $50,000 each for Dare to Care, Our Area and Hope Southern Indiana.
Though New Albany has been amid the most aggressive Southern Indiana governments in conditions of awarding its ARP resources, it has not come without controversy. The New Albany City Council voted by vast majority to let the redevelopment fee to administer the application, while several council associates opposed the notion.
In the course of council conversations, members vowed that the ARP procedure would be clear and that general public meetings would be carried out so folks could weigh-in on how they think the town must use the cash.
The fee commenced awarding money in late Might. Final week, the council scheduled its initially public input session. It will be held via Zoom at 7 p.m. July 22.
“Basically, what we imagine with this is obtaining the general public meeting as a listening session,” Council President Greg Phipps explained of the council’s position. “It’s not truly going to be a dialogue or a debate.”
There are recommendations limiting for what the ARP cash can be used.
The facts for the Zoom assembly can be uncovered under the general public recognize section of the internet site newalbanycityhall.com.
Those people who desire to converse throughout the assembly have to speak to City Clerk Vicki Glotzbach no later on than 4 p.m. July 21. She can be reached at vglotzbach@cityofnewalbany.com.
