Brownfields Economic Development Initiative (BEDI)

The summary for the Brownfields Economic Development Initiative (BEDI) Federal Grant is detailed below. It contains information such as the Catalog of Federal Domestic Assistance (CFDA) number, who is eligible for the grant, how much grant money will be awarded, important deadlines, 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 in the Grant Announcement Contact section. If these sections are incomplete, please visit the website of the government agency that is offering this grant.


	Federal Grant Title:	Brownfields Economic Development Initiative (BEDI)
	CFDA Number:	14.246
	CFDA Description:	Community Development Block Grants/Brownfields Economic Development Initiative
	Federal Agency Name:	Department of Housing and Urban Development
	Category of Funding Activity:	Housing Other
	Category Explanation:	BEDI is designed to help local governments redevelop brownfields
	Opportunity Category:	Discretionary
	Funding Opportunity Number:	FR-5300-N-08
	Document Type:	Grants Notice
	Funding Instrument Type:	Grant
	Posted Date:	Apr 29, 2009
	Creation Date:	Apr 29, 2009
	Original Closing Date for Applications:	Jun 16, 2009
	Current Closing Date for Applications:	Jun 16, 2009
	Archive Date:	Jun 20, 2009
	Expected Number of Awards:	Information not provided
	Estimated Total Program Funding:	$20,000,000
	Federal Grant Award Ceiling:	$2,000,000
	Federal Grant Award Floor:	$2,000,000
	Cost Sharing or Matching Requirement:	No

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).
Grant Description: 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.
Link to Full Grant Announcement: http://www.hud.gov/bedi
Grant Announcement Contact: David Kaminsky (202)402-4612

Program Contact or Robert Duncan [David.Kaminsky@hud.gov ]
Similar Government Grants: • Brownfield Economic Development Initiative (BEDI); • Brownfields Economic Development Initiative (BEDI) Second Competition; • Brownfield Economic Development Initiative; • Technical Assistance Training and Limited Commodity support to Women's group in Niger.; • Brownsfield Economic Development Initiative (BEDI)