Purpose:

To provide funds to municipalities to meet planning and implementation costs related to urban revitalization and development projects.

How were the estimates determined?

The Department of Housing and Community Development will reimburse the municipality over a 20-year period for 50 percent of the net project cost. The DCAM bond bill insures continued payments through FY2019.


Why did the estimates change?

Estimates do not change between budget proposals.


Additional Resources