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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 the total available would be about $82,849,261; under statutory constraints (statute cited in meeting materials), staff proposed that no more than 25% of financial assistance by dollar amount may be grants to political subdivisions and recognized tribes and that a common historical split of 75% construction and 25% planning be preserved inside that grant pool. Staff presented numeric allocations: approximately $62,136,946 for loans and $20,712,316 for total grants, with construction grants at about $15,535,237 and planning grants at about $5,178,078.
Staff also reviewed a statutory rural‑priority rule that requires minimum rural shares of the first tranche of funds (statute referenced during the presentation). Under staff’s preferred approach, rural counties would receive a larger share (staff showed an illustrative outcome of roughly $62,136,946 to rural and $20,712,350 to urban in one scenario) while keeping flexibility in the final six months of the biennium.
A board member moved to adopt the staff recommendation; the motion was seconded and carried by voice vote. Janae confirmed staff would proceed with the recommended allocations and maintain program rules for construction and planning grants.
