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Updated over 2 years ago on . Most recent reply

Community Development Block Grants - Maine
Hello,
I have a 12 unit that cashflows well and is need of some larger updates.
I'd like to replace the building envelope and windows. The municipality has a fairly robust CDBG program available for projects like this and I was hoping to have a conversation with any folks who have used CDBG funds to do similar projects.
- Does the municipality restrict materials.
- Do they essentially become a GC partner (oversee fund disbursement, use preferred vendors etc?)
I have some cash available but am aware the CDBG loans/grants are low/no interest (or grants) and feel my own cash is better used elsewhere.
Any guidance from someone with experience with this would be appreciated.