CDBG

The Exeter Board of Selectmen will hold three consecutive Public Hearings on Monday, July 15, 2013 at 7:00 p.m. in the Nowak Room at the Town Offices, 10 Front Street, Exeter, New Hampshire for a proposed Community Development Block Grant (CDBG) application to the New Hampshire Community Development Finance Authority (NHCDFA). Up to $500,000 in CDBG funds are annually available for economic development projects, up to $500,000 for public facility and housing projects, and up to $350,000 for emergency activities. Up to $12,000 is available per each planning study grants. All projects must directly benefit a majority of low and moderate income persons. The public hearings will hear public comment on the following:

1. A proposed application to the Community Development Finance Authority for up to $500,000 in Community Development Block Grant funds. The majority of the funds, up to $475,000, or the benefit of those funds, will be sub-granted to Berry Park Housing Corporation for the construction of 39 units of affordable housing at One Meeting Place Drive in Exeter. The CDBG funds will finance site-work costs.
2.  The Housing and Community Development Plan,
3. And the Residential Anti-displacement and Relocation Assistance Plan.

For persons with special needs, provisions can be made by contacting Sheri Riffle at the Selectmen’s Office via telephone (778-0591) or mail, at least five days prior to the public hearing.

Exeter Board of Selectmen