41-891
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41-891. Project application; prioritization A. Cities may apply, in accordance with this article, to the commission for grants from the fund in connection with an infrastructure project to be constructed and owned by the city. B. The commission shall: 1. Establish an application form and process for neighborhood preservation and investment grants. 2. Establish a procedure to review and approve or disapprove applications on an annual or semiannual basis. 3. Establish general criteria by which the grant applications will be prioritized. 4. Adopt procedures to prioritize grant applications. 5. Inform the applicants of the commission's determination within ninety days after the application date established by the commission pursuant to paragraph 2 of this subsection. 6. Approve or disapprove each administratively complete application for a neighborhood preservation and investment grant. 7. Determine the order and priority of applications received for projects under this section based on the merits of the application. C. The criteria for prioritizing applications shall include consideration of the following conditions, but the nonexistence of any of the conditions does not disqualify an application: 1. The existence of an active, effective neighborhood organization in the area of the proposed project. 2. The existence of a stable residential population in the area of the proposed project. 3. The existence of a stock of physically sound residential structures in the area of the proposed project. 4. The probable long-term effect of the proposed project on the area of the proposed project. 5. The potential for increased private sector investment in the area of the proposed project as a direct or indirect result of the proposed project. 6. The project's potential to leverage other identified public or private funding for other improvements in the area of the proposed project. D. If a grant is awarded, the commission may condition the award on assurances that it deems necessary to ensure that the grant will be used according to law and the terms of the application. E. The commission shall only make neighborhood preservation and investment grant assistance available when a project is ready for construction and the applicant is ready to proceed. F. Applications for a neighborhood preservation and investment grant shall include a resolution from the governing body of the city that the project is in the best interests of the residents of the neighborhood in which the project will occur. G. Any city may establish procedures to determine which infrastructure projects shall be forwarded, by application, to the commission for consideration for a neighborhood preservation and investment grant. Additionally, any city may impose additional requirements on any infrastructure project before submission of an application for the project. The application shall include information concerning any such procedures or requirements. |