SAP

1
SAPDC2005 Funding Conference Routes To
SuccessJune 1, 2005
2
Making Our Sites Business Ready

• SAPDC Federal Programs
• US Economic Development Administration (EDA)
• Appalachian Regional Commission (ARC)
• THE FIRST STEP Contact us and complete the
  SAPDC Project Profile Form.

3
The Fate of EDA

• Strengthening Americas Communities Initiative
  (SACI)
• Consolidates 18 programs into SACI under the
  Department of Commerce
• Funding 5.3B into 3.1B
• SAPDC View
• EDA and HUD debate
• SACI looks like EDA
• Plan A and Plan B

4
FY 1995-2005 Investment Review

• EDA Construction and TA Projects 21
• Jobs Created 3,236
• Jobs Retained 5,135
• Public Funding Leveraged 14,393,400
• Private Investment 181,410,000

5
Types of EDA Projects

• Sewer and Water Infrastructure
• Internal Access Roads
• Business/Industrial Parks
• Multi-Tennant Buildings
• Business Incubators
• Technology Infrastructure
• Feasibility Studies

6
Project Priorities

• EDA Investment Guidelines
• Project Readiness
• Jobs
• Public Investment
• Private Investment
• 50 Grant Rate
• Planning Lead (2 years)

7
EDA Investment Guidelines

• Be market-based and results-driven. 
• Have strong organizational leadership. 
• Advance productivity, innovation, and
  entrepreneurship. 
• Look beyond the immediate economic horizon,
  anticipate economic changes, and diversify the
  local and regional economy. 

8
EDA Investment Guidelines

• Demonstrate a high degree of commitment by
  exhibiting
• - High levels of local-government or nonprofit
  matching funds and private-sector leverage.
• - Clear and unified leadership and support by
  local elected officials.
• - Strong cooperation between the business
  sector, relevant regional partners, and local,
  state, and federal governments.

9
EDA Investment Trends

• Larger Investments 1M
• State-Local Investment
  1 EDA1 State/Local
• Private Investment 1M EDA20M
• Jobs created 1M EDA327 new jobs
• Technology
• Regional Impact
• Centralized Selection Process
• Use It Or Lose It

10
Project Readiness

• Ready to go projects receive highest
  consideration
• Ready to go
• On and off site funding secured
• Property ownership secured
• Feasibility, marketing, environmental,
  construction schedule ready
• Coapplicants/OM agreements
• EDA investment criteria

11
Appalachian Regional Commission (ARC)

• 13 Appalachian States
• 7 Pennsylvania Local Development Districts
• 52 of 67 Counties in PA

12
FY 1995 FY 2005 Investment Review

• ARC Construction Projects
• 13 projects totaling 2,018,500
• TA Projects
• 15 projects totaling 472,500
• Access Roads
• 5 projects totaling 1,669,000
• Incubator
• 1 project totaling 250,000

13
Types of ARC Projects

• Sewer and Water Infrastructure
• Access Roads
• Business/Industrial Parks
• Multi-Tennant Buildings
• Business Incubators
• Technology Infrastructure
• Feasibility Studies
• Capacity Building

14
Project Priorities

• ARC Goals
• Leverage, Jobs, Employability, Infrastructure
  Development, and Connectivity
• Project Readiness
• 50 Grant Rate Alone, Supplemental Option to
  80/20
• Basic Federal Agency (BFA)
• Planning Lead minimum 1 year
• Annual Investment Package

15
ARC Goals

• Increase Job Opportunities and Per Capita Income
  in Appalachia to Reach Parity With Nation
• Strengthen the Capacity of the People of
  Appalachia to Compete in the Global Economy
• Develop and Improve Appalachias Infrastructure
  to Make the Region Economic Competitive
• Build the Appalachian Development Highway System
  to Reduce Appalachias Isolation

16
ARC Investment Trends

• Construction 250,000
• Technical Assistance 10,000 to 20,000
• Access Roads 200,000 to 500,000
• Capacity 10,000
• Quantifiable Performance Measures

17
Project Readiness

• Ready to go projects receive highest
  consideration
• Ready to go
• On and off site funding secured
• Property ownership secured
• Feasibility, marketing, environmental,
  construction schedule ready
• Coapplicants/O M agreements
• ARC Goals
• BFA
• SAPDC Investment Package July 2005
• DCED Project Review September 2005
• Project Profiles to SAPDC NLT June 30, 2005

18
EDA and ARC Points of Contact

• Ms Michele Adams, Director Planning and
  Community Development Division
  [phone]/
  adams_at_sapdc.org
• Mr. Fred Querry, Assistant Director Planning and
  Community Development Division
  [phone]/
  querry_at_sapdc.org