| Project Title |
Relation to Consolidated Plan |
CDBG Funds Budgeted |
Other Funds Budgeted |
Projected 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 |
$100,000 |
$34,185,000 |
Help North Street businesses access
Renewal
Community and Downtown Program tax incentives |
| Business Financing & Technical Assistance |
Promote economic independence for entrepreneurs by
providing them technical assistance and access to capital to start
or expand their businesses |
$106,000 |
$56,000 |
Provide information, financing and/or technical
assistance to 195 people |
| Help to start 10 new businesses and retain/expand
10 businesses |
| Create/retain
90 jobs |
| Close 3 loans |
| Promote
Renewal
Community and
Designated Downtown tax incentives |
| Maintain the
Commercial Space database |
| Distribute guide to
Doing Business in Burlington
|
| Continue façade improvement
program for North Street |
| Assist refugee entrepreneurs |
| Promote
Livable
Wage Toolkit |
| Neighborhood
Revitalization |
Remove blight and
encourage reinvestment in the Neighborhood Revitalization Strategy
Area by rebuilding the physical, social and economic infrastructure.
|
$22,000 |
$589,850 |
Facade improvement, new
commercial/retail capacity, and archeological resource management on
North Street |
| Apply for new downtown designation
for North St. and No. Winooski Ave. corridor |
| Apply for and manage Sales Tax
Reallocation Program and Downtown Transportation Grant projects
|
| Plan, develop and manage
transportation infrastructure projects |
| Heritage tourism and historic
preservation grants and activities |
