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CURB board adopts staff recommendation to split 2025–27 funding 75/25 rural–urban
Summary
The Community Economic Revitalization Board approved staff's recommendation to reserve 25% of the biennial appropriation for grants (75% for loans) and to apply a 75/25 rural/urban split to program funds for 2025–27, with staff describing numerical allocations and the board voting to adopt the recommendation.
The Community Economic Revitalization Board voted to adopt staff’s recommended funding framework for the 2025–27 biennium, approving a 75/25 split favoring rural projects in the initial allocation and preserving a 75/25 construction/planning split within the grants set‑aside.
CURB staff detailed the arithmetic backing the recommendation: of the $75 million appropriation plus carry forward, staff said…
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