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Uses of CDBG Funds <br /> <br />Uses of CDBG Funds must meet at least one of the following <br />federal criteria: <br /> - removal of slums and blight; <br /> - benefit to low and moderate income persons; or <br /> - urgent public need. <br /> <br />Uses of CDBG Funds can include: <br /> - public facilities; <br /> - public services~ <br /> - housing rehabilitation; <br /> - providing handicapped accessibility; <br /> - assisting private industries through loans; <br /> - acquisition of property for public purpose; <br /> - clearance of property for public purpose; or <br /> - economic development activities including <br /> - construction/reconstruction by industries; <br /> - infrastructure development. <br /> <br />For economic development projects: <br /> -~ust benefit low and ~noderate income persons <br /> through .creation of' NEW Jobs; and <br /> - create Jobs at a ~atz~-6-of 1 job for every <br /> $10,000 of CDBG Funds (average is 1 job for <br /> every $4000 - $5000 CDBG Funds); and <br /> - include private 'funds. (average is $1 of CDBG <br /> funds fo~ $9 'of private funds). <br /> <br /> <br />