Brownfields Economic Development Initiative (BEDI)
The summary for the Brownfields Economic Development Initiative (BEDI) grant is detailed below.
This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants.
Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed as the Grant Announcement Contact.
If any section is incomplete, please visit the website for the Department of Housing and Urban Development, which is the U.S. government agency offering this grant.
Brownfields Economic Development Initiative (BEDI): The maximum amount of a BEDI award under this competition is $2 million per project. An application in excess of $2 million will be reduced to the extent HUD determines that such a reduction is appropriate and the project remains feasible. BEDI funds are used to enhance the security of a loan guaranteed by HUD under Section 108 of the Housing and Community Development Act of 1974, as amended, for the same brownfields economic development project, or to improve the viability of a brownfields economic development project financed with the Section 108-guaranteed loan, in order to stimulate economic development by local governments and private sector parties at brownfields sites and to return those sites to productive economic use. All BEDI grants must be used in conjunction with a new Section 108-guaranteed loan commitment.
| Federal Grant Title: | Brownfields Economic Development Initiative (BEDI) |
| Federal Agency Name: | Department of Housing and Urban Development |
| Grant Categories: | Housing Other |
| Type of Opportunity: | Discretionary |
| Funding Opportunity Number: | FR-5300-N-08 |
| Type of Funding: | Grant |
| CFDA Numbers: | 14.246 |
| CFDA Descriptions: | Community Development Block Grants/Brownfields Economic Development Initiative |
| Current Application Deadline: | Jun 16, 2009 |
| Original Application Deadline: | Jun 16, 2009 |
| Posted Date: | Apr 29, 2009 |
| Creation Date: | Apr 29, 2009 |
| Archive Date: | Jun 20, 2009 |
| Total Program Funding: | $20,000,000 |
| Maximum Federal Grant Award: | $2,000,000 |
| Minimum Federal Grant Award: | $2,000,000 |
| Expected Number of Awards: | |
| Cost Sharing or Matching: | No |
- Category Explanation
- BEDI is designed to help local governments redevelop brownfields
- Applicants Eligible for this Grant
- Others (see text field entitled "Additional Information on Eligibility" for clarification)
- Additional Information on Eligibility
- Eligible Applicants Any public entity eligible to apply for Section 108 loan guarantee assistance in accordance with 24 CFR 570.702, including Guam, the Northern Marianas, American Samoa, and the Virgin Islands for FY2009, may apply for BEDI grant assistance under Section 108(q). Eligible applicants are CDBG entitlement units of general local government and non-entitlement units of general local government eligible to receive loan guarantees under 24 CFR part 570, subpart M. Urban Counties, as defined at 24 CFR 570.3 and 570.307, are eligible applicants for BEDI funds; units of general local government that participate in an Urban County program are not independently eligible applicants. For non-entitlement applicants other than those subject to 24 CFR part 570, subpart F (which applies only to the state of Hawaii), applicants are required to include evidence in the BEDI application from an authorized official of the state agency responsible for administering the State CDBG program stating that it supports the related Section 108 loan with a pledge of its CDBG allocations pursuant to the requirements of 24 CFR §570.705(b)(2).
- Link to Full Grant Announcement
- Information not provided
- Grant Announcement Contact
- David Kaminsky (202)402-4612
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