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Court approves HB723 match resolution to unlock CDBG funds for Farmdale sanitation project
Summary
The fiscal court authorized acceptance of $1.25 million in HB723 state match funds to pair with $1.25 million in federal CDBG funding for the Farmdale Sanitation Interceptor Project; ARPA funds will serve as the 5% local match required by the CDBG program.
Franklin County Fiscal Court on June 4 approved a resolution to receive $1.25 million in state HB723 funds to match an equal amount of federal Community Development Block Grant (CDBG) funds for the Farmdale Sanitation interceptor project.
Belinda and Logan of the Bluegrass Area Development District explained the funding structure:…
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