Adm 93.16 HistoryHistory: EmR1309: emerg. cr. eff. 7-1-13; CR 13-069: cr. Register April 2014 No. 700, eff. 5-1-14.
subch. IV of ch. Adm 93Subchapter IV — Public Facilities Economic Development
Adm 93.17Adm 93.17Public facilities economic development program.
Adm 93.17(1)(1) The department may award a grant to an eligible local government under the public facilities economic development program following consideration of some or all of the following:
Adm 93.17(1)(a)(a) The project serves a public purpose.
Adm 93.17(1)(b)(b) The project costs are reasonable.
Adm 93.17(1)(c)(c) All sources of project financing will be committed prior to the disbursement of the grant.
Adm 93.17(1)(d)(d) The project is financially feasible.
Adm 93.17(1)(e)(e) The project will likely retain or create jobs in this state.
Adm 93.17(1)(f)(f) The local government will use the CDBG funds for one of the following purposes:
Adm 93.17(1)(f)1.1. A public facilities project or other public infrastructure improvements to facilitate a business’s efforts to engage in job creation or retention activities under 24 CFR 570.483 (b) (4) designed to benefit low and moderate income persons.
Adm 93.17(1)(f)2.2. Other activities under 24 CFR Part 570 that meet the national objective of benefit to low and moderate income persons through job creation.
Adm 93.17(1)(f)3.3. Activities under 24 CFR 570.483 (c) that meet the national objective of preventing or eliminating slums or blight.
Adm 93.17(1)(g)(g) The local government will contribute at least 25% of the total cost of the project from funding sources other than grants from the federal and state government, subject to s. Adm 93.09 (1) (b).
Adm 93.17(2)(2) When making a determination under sub. (1), the department shall consider all of the following:
Adm 93.17(2)(a)(a) The extent of poverty and unemployment and other economic factors in the area of the project.
Adm 93.17(2)(b)(b) The prospects for new investment and economic development in the area.
Adm 93.17(2)(c)(c) The amount of investment that is likely to result from the project.
Adm 93.17(2)(d)(d) The number of full-time jobs that are likely to be created or retained.
Adm 93.17(2)(e)(e) The total cost per full-time job created or retained.
Adm 93.17(2)(f)(f) The amount of wages and benefits to be provided by the business that will create or retain the full-time jobs.
Adm 93.17(2)(g)(g) Whether the award will provide the business with an unreasonable competitive advantage over other similar Wisconsin businesses in the vicinity of the project.
Adm 93.17(2)(h)(h) Whether the project will involve the relocation of a business and displacement of jobs from one municipality in Wisconsin to another municipality in Wisconsin.
Adm 93.17(2)(i)(i) Whether the project will result in redevelopment of a brownfield site.
Adm 93.17(2)(j)(j) Whether the project will result in the elimination of slum or blight.
Adm 93.17 HistoryHistory: EmR1309: emerg. cr. eff. 7-1-13; CR 13-069: cr. Register April 2014 No. 700, eff. 5-1-14.
Adm 93.18Adm 93.18Job creation and retention requirements.
Adm 93.18(1)(1) A business that will benefit from a public facilities economic development project shall execute a development agreement with the eligible local government and other documents prescribed by the department, committing to the creation and retention of full-time jobs.
Adm 93.18(2)(2) The amount of CDBG funds awarded by the department for a public facilities economic development project under this subchapter may not exceed $35,000 for each full-time job created or retained by the business.