Commercial District Revitalization

The Commercial District Revitalization (CDR) program is for eligible local governments and non-profit organizations to revitalize designated commercial districts damaged by Hurricane Helene. Encouraging economic opportunities, while supporting the recovery of commercial areas, is essential to ensuring that commercial tenants, customers, and jobs are restored. By facilitating the return of commercial districts and businesses to profitability, jobs will be created or retained within the community and residents will continue to have access to the products and services they need within their local community.

Eligible uses of funds under the CDR will include, but not be limited to:

Acquisition, demolition, site preparation, or rehabilitation of commercial structures carried out by a subrecipient;
Assistance to small businesses for rehabilitation and physical improvements to their places of business;
Mixed-use projects involving commercial revitalization and housing components; and
Facade improvements to private or public structures in commercial areas.

Program Title	Commercial District Revitalization
Total Budget/CDBG-DR Allocation	$111,140,000 ($101,826,150 CDBG-DR plus $9,313,850 for mitigation)
Lead Agency and Distribution Process	NCDOC will implement the program with contract support and will undertake necessary environmental reviews per 24 CFR 58. Process will be competitive approach.
Program Description	Program will provide grants to local governments or non-profit organizations to carry out revitalization activities in commercial areas covered by the Helene major disaster declaration (DR-4827-NC).
Eligible Geographic Area	Initial stage will provide priority for communities within the HUD-Identified MID area that have commercial areas that were damaged by Helene. Second stage will be open to businesses in all counties covered by the Helene major disaster declaration (DR-4827-NC).
Other Eligibility Criteria	NCDOC and subrecipients will work within HUD’s applicable Guidelines and Objectives for Evaluating Project Costs and Financial Requirements for assistance to for-profit businesses.
Maximum Amount of Assistance per Beneficiary	Up to $10,000,000 with floor of $500,000.
Maximum Income of Beneficiary	N/A
Mitigation Measures	5% of the CDBG-DR Mitigation set aside will be reserved for use with activities and projects funded under this program.
Reducing Barriers for Assistance	NCDOC will provide priority consideration for applications from communities within both the HUD-Identified and State-Identified MID areas having a high percentage of LMI individuals.
Eligible Activities Referenced to Title I of Housing and Community Development Act of 1974 (42 USC 5305(a)) or HUD Revised Universal Notice	§5305(a)(1) – Acquisition §5305(a)(2) – Acquisition, Construction, Reconstruction, and Installation of Public Facilities and Other Site Improvements §5305(a)(3) – Code Enforcement §5305(a)(4) – Clearance, Rehabilitation, Reconstruction and Construction of Buildings, including housing §5305(a)(5) – Removal of Architectural Barriers §5305(a)(7) – Disposition §5305(a)(9) – Non-Federal Match §5305(a)(11) – Relocation Payments §5305(a)(13) – Administrative Costs §5305(a)(14) – Assistance to Non-Profit Entities §5305(a)(15) – Assistance to Neighborhood-Based Organizations §5305(a)(17) – Assistance to For-Profit Entities §5305(a)(25) – Tornado Shelters §5305(a)(26) – Lead-Based Paint Hazard Evaluation and Reduction
National Objective(s) Referenced to 24 CFR 570, Subpart I and/or HUD Revised Universal Notice	LMI Benefit through Area Benefit – 24 CFR 570.483(b)(1) LMI Benefit through Creation/Retention of Jobs - 24 CFR 570.483(b)(4) Elimination of Slum/Blight under either area or spot blight criteria – 24 CFR 570.483(c) UN – 24 CFR 570.483(d)

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