Community Economic Development Assistance Program
Overview
If you are a municipality or local economic development group, CRDC can assist you through the Community Economic Development Assistance Program (CEDAP). This outreach program is fee-based and provides direct technical assistance in implementing important community based economic development programs.
Program Assistance
Forms of assistance through the Community Economic Development Assistance Program include:
- Economic Development Strategic Planning
- Local Economic Development Committee Support
- Tax Increment Financing (TIF) Plans
- Project Grant Writing
- Project Feasibility & Site Analysis
- Business Visitations & Business Retention Strategies
- Business Recruitment and Marketing Plans
- CDFA Community Development Block Grant Applications
- CDFA CDIP Tax Credit Project Applications
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Some CEDAP Projects
CRDC has been instrumental in several high profile projects. CRDC staff has:
- Secured $500,000 Community Development Block Grant (CDBG) for Sullivan County to assist with the rehabilitation of the Wainshal Mill in Claremont when completed will house a growing regional computer services company, a restaurant and inn, and first class office space, projected completion late 2009.
- Secured $303,000 CDBG grant to assist with the renovation of the Daniel Webster Homestead in Franklin to house Webster Place Recovery Center
- Assisted the Hopkinton Economic Development Committee in evaluating development opportunities for an industrial-zoned area containing several large properties.
- Advised the Town of Loudon and the Bow Business Development Commission regarding the formation of non-profit local development corporations and preparation of development strategies.
- Prepared development programs and financing plans in support establishing Tax Increment Financing (TIF) Districts in the following communities:
- City of Franklin: industrial park expansion.
- City of Claremont: industrial area infrastructure improvements and Mill District revitalization.
- Town of Plymouth: downtown revitalization.
- City of Laconia: downtown revitalization.
- Town of Newport: industrial park
- Town of Bradford: downtown revitalization
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