New Albany probable to extend small business grants with federal cash | Information

NEW ALBANY — Much more than 40 nearby firms just about every could get $10,000 as the New Albany Redevelopment Fee will vote Tuesday on growing the grant plan.

The town recognized programs for compact companies by means of June 30, to begin with eying awarding a overall of $250,000. The first allotment is coming through the third period of the Indiana Business office of Local community and Rural Affairs. Because New Albany is a federal entitlement town, instantly garnering Group Growth Block Grant funds, it was ineligible for the first two rounds of OCRA awards.

New Albany Redevelopment Director Josh Staten claimed the metropolis acquired above 40 applications, and staff was continue to checking those people requests Monday to make certain the firms meet the recommendations for the grants. In anticipation of obtaining much more firms than OCRA money, the redevelopment commission will be asked Tuesday to proper dollars from the federal American Relief Approach to include supplemental grants.

Staten stated staff was continue to deciding accurately how significantly additional funding may perhaps be required, but it will very likely be about $150,000.

Josh Staten

“We experienced a fantastic amount of people utilize for that grant, and that showed there’s still a need for business enterprise aid out there,” Staten claimed, referring to the economical outcomes of COVID-19.

“I’m happy of what the organizations and numerous corporations have completed in New Albany, but we want to assistance them exactly where we can.”

The grants are open for small businesses all through the city, not just downtown or within CDBG tracts.

The redevelopment commission will also be asked to consider a $50,000 ARP grant for Courtroom Appointed Specific Advocates of Floyd County. The nonprofit advocates for abused and neglected little ones who are associated in cases in the local court program.

According to the organization’s web-site, there have been 406 kids in the Floyd County CASA software as of April, with 204 on a wait around record.

Staten claimed CASA representatives will talk about the system and the distinct wants Tuesday, but added aiding the nonprofit falls in line with related ARP funding requests accepted by the fee.

New Albany is receiving $16.83 million more than the following two many years by way of the federal method. The commission has now awarded various requests, such as furnishing $50,000 each individual for Dare to Care, Our Position and Hope Southern Indiana.

Even though New Albany has been amongst the most intense Southern Indiana governments in conditions of awarding its ARP cash, it has not arrive with out controversy. The New Albany City Council voted by the vast majority to let the redevelopment fee to administer the software, while a number of council users opposed the concept.

For the duration of council discussions, users vowed that the ARP approach would be clear and that public meetings would be conducted so individuals could weigh-in on how they consider the city must use the resources.

The commission began awarding dollars in late Might. Final week, the council scheduled its first public enter session. It will be held by using Zoom at 7 p.m. July 22.

“Basically, what we imagine with this is acquiring the community assembly as a listening session,” Council President Greg Phipps said of the council’s purpose. “It’s not truly heading to be a dialogue or a discussion.”

There are suggestions restricting for what the ARP money can be utilized.

The details for the Zoom assembly can be observed under the community detect part of the web page

All those who want to discuss in the course of the conference have to get hold of City Clerk Vicki Glotzbach no later than 4 p.m. July 21. She can be achieved at [email protected]