| Project Title
|
Relation to Consolidated Plan |
Program Year |
CDBG Funds Expended |
Other Funds Leveraged |
Projected Accomplishments |
Actual Accomplishments |
| Burlington
Sustainable Economic Development Strategies |
General financial
and technical assistance to small and large businesses; targeted
assistance to employers with livable wage jobs and to businesses
playing a key role to downtown vitality; development of affordable
space for small and micro businesses; waterfront development; and
redevelopment of vacant or abandoned property |
2003 |
$96,351 |
$17,945,000 |
Help North
Street businesses access
Renewal
Community and
Downtown Program tax incentives |
Mailed
information to 2,600 businesses
Provided direct assistance to over 40 businesses,
accountants, tax advisors & attorneys |
| Support the
build-out of the Ethan Allen Shopping Ctr. to include a Post Office
or suitable alternative |
At City’s
request, Post Office received a waiver from the national moratorium
on building new post offices in the U.S.
Funding for Ethan Allen Shopping Ctr. location has
been approved and rehab plans are underway |
| 2004 |
$110,328 |
$30,400,000 |
Help North Street businesses access
Renewal Community and Downtown Program tax incentives |
Did door-to-door visits to North
Street businesses to discuss tax incentives
Obtained a $10,000 grant from
Citizens Bank for North Street façade improvements |
|
Support the build-out of the Ethan
Allen Shopping Ctr. to include a Post Office or suitable alternative |
Bids received and under review for
new P.O. site, opening anticipated in February 2006 |
|
2005 |
$127,190 |
$42,148,973 |
Help North Street businesses access
Renewal Community and Downtown Program tax incentives |
43 businesses directly assisted and
1,776 received mailed information |
|
Support the build-out of the Ethan
Allen Shopping Ctr. to include a Post Office or suitable alternative |
Post Office completed in spring
2006 |
| |
|
|
|
|
|
|
| Business Financing & Technical Assistance |
Promote economic independence for entrepreneurs by
providing them technical assistance and access to capital to start
or expand their businesses |
2003 |
$100,401 |
$2,315,000 |
Provide information, financing and/or technical
assistance to 140 people |
210 people assisted
|
| Help to start 17 new
businesses and retain/expand 8 businesses |
17 new business start-ups and
11 retained/expanded |
| Create/retain 44 jobs |
Created/retained 63 ½ FTE
jobs |
| Maintain the
Commercial Space database |
Requests for the database
average 8-15 per month |
| Update
Guide to
Doing Business in Burlington |
Updated and now includes a cd/web
version with government forms, planning templates and financial
spreadsheets |
| Assist refugee entrepreneurs |
Assisted 10 refugees |
| 2004 |
$183,462 |
$330,006 |
Provide information, financing
and/or technical assistance to 160 people |
169 people assisted
|
| Help to start 12 new businesses
and retain/expand 10 businesses |
9 new business start-ups and 17
retained/expended |
| Create/retain 60 jobs |
183 jobs created/retained |
| Maintain the
Commercial Space database |
Updated monthly, averaging 12
requests per month |
| Distribute guide to
Doing Business in Burlington |
Available on disc (around 350
distributed) and online |
| Assist refugee entrepreneurs |
Provided technical assistance to10
refugees |
|
2005 |
$107,892 |
$182,900 |
Provide information, financing
and/or technical assistance to 160 people |
251 people assisted
|
|
Help start 12 new businesses and
retain/expand 10 businesses |
12 new business start-ups and 15
retained/expanded |
|
Create/retain 60 jobs |
96 jobs created/retained |
|
Maintain the
Commercial Space database |
Responded to 144 requests for
information |
|
Distribute
Guide to
Doing Business in Burlington |
Updated guide and distributed 1,300
copies (plus internet available) |
| Initiate façade improvement
program for North Street |
2 businesses assisted |
|
Assist refugee entrepreneurs |
11 refugee entrepreneurs assisted |
| |
|
|
|
|
|
|
| North Street Revitalization Project |
Revitalize the “Main Street” of the Old North End |
2003 |
$19,426
|
$6,661,705 |
Implement the
North Street Revitalization Plan,
including construction of the infrastructure improvements and
continued outreach and assistance to North Street merchants |
Undergrounding of utilities
underway
Street improvements to begin
in 2005 |
| 2004 |
$78,278 |
Construction is 85% complete, to be
completed in fall 2005
8 new
businesses opened |
|
2005 |
$107,015 |
Construction 100% complete
Additional 3 new businesses opened |
| |
|
|
|
|
|
|
