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Committee renews CBDO certifications for GIAC and Historic Ithaca; Finger Lakes Reuse delayed by board vacancy
Summary
The Neighborhood Investment Committee recommended renewal of Community-Based Development Organization status for GIAC Inc. and Historic Ithaca after staff confirmed both meet board-composition and eligibility rules, and deferred action for Finger Lakes Reuse after the loss of a qualifying board member.
The Ithaca Urban Renewal Agency’s Neighborhood Investment Committee voted unanimously to renew Community-Based Development Organization (CBDO) certification for GIAC Inc. and Historic Ithaca at its July meeting after staff verified both organizations meet the program’s eligibility criteria.
Anissa, the staff presenter, explained the CBDO designation allows certain economic-development-style job-placement activities to be funded without counting against CDBG public-service caps, but the designation requires that at least 51% of an applicant’s board qualify under HUD categories (for example low-to-moderate-income residents, neighborhood organization representatives, or business/institution…
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