Office of Community and Economic Development / Industrial Development Authority

COMMUNITY AND ECONOMIC DEVELOPMENT

 

Community and economic development services in Cameron County are provided through two agencies – the Cameron County Office of Community and Economic Development and the Cameron County Industrial Development Authority.

 

 

Cameron County Office of Community and Economic Development

 

The Cameron County Office of Community and Economic Development is under the direction of the Cameron County Commissioners. It administers the Cameron County Community Development Block Grant (CDBG) Program, the Cameron County Housing Rehabilitation (HOME) Program, and the Cameron County Business Loan Program.

 

            CDBG

 

            The CDBG Program provides federal funding for community projects on an annual           entitlement basis to Cameron County. Applications may be submitted by individuals,   local governments, and non-profit organizations to fund projects which are        determined to be fundable. Fundable projects must benefit a majority population of low-    moderate income persons, eliminate a condition of blight, or meet a particularly urgent community development need.

 

            Applications may be submitted at any time but are    reviewed only annually by the            Cameron County Commissioners, and, if selected by the Commissioners,       correspondingly submitted to the Pennsylvania Department of Community and Economic       Development for approval.

 

            Cameron County’s 2016 CDBG application is at the following link:

 

                        1-CDBG%20Application

 

 

            HOME

 

            The Cameron County Housing Rehabilitation Program is at this time funded solely with    federal HOME funds. HOME Funds are offered to the County on a competitive basis.      The County has successfully obtained funding every 1 1/2 to 2 years to manage an   income eligible homeowner rehabilitation program in perpetuity since 2000.

 

            HOME Funds             must be targeted, to which the County has decided to require applicants, in             addition to owning their home and being income eligible, to be 62 years of age or older,   or disabled, or be a single parent with a single household income. Applications may be submitted by anyone at any time with no guarantee of timely assistance, or                  assistance at all.

            Cameron County’s HOME application and summary guidelines and process are at the        following links:

 

                      2-HOME%20Application

 

                      3-Home%20Summary%20Guidelines%20and%20Process

 

 

            Cameron County Business Loan Program

 

            The Cameron County Office of Community and Economic Development manages three   loan programs for the benefit of Cameron County Businesses – the Cameron County     Revolving Loan Fund, the Cameron County Micro-Loan Program, and the Cameron     County USDA RBEG (Rural Business Enterprise Grant) Loan Program.

 

            Each program offers a fixed, low-interest rate, with flexible terms and is based on the       premise of job       creation and/or retention. Startup business applicants must complete a         business plan before submitting an application. The Cameron County Industrial   Development Authority serves as Cameron County’s loan review board. Applications are            available only at the Cameron County Office of Community and Economic     Development.

 

            The guidelines for each fund are at the following links:

 

                    4-Cameron%20County%20Revolving%20Loan%20Fund%20Guidelines

 

                        5-Cameron%20County%20Micro%20Loan%20Fund%20Guidelines

 

                      6-Cameron%20County%20USDA%20RBEG%20Loan%20Fund%20Guidelines

 

 

Cameron County Industrial Development Authority

 

The Cameron County Industrial Development Authority (CCIDA) was created by Cameron County in 1971 to serve the traditional “Authority” role as a financing mechanism for Cameron County for the purpose of business and infrastructure development. The CCIDA is under the direction of a seven member Cameron County Commissioners appointed Board of Directors and managed by an Executive Director.

 

The CCIDA’s primary role is to serve as a pass-through to finance business development projects utilizing either conventional bank financing or through the issuance of revenue bonds, either as a stand-alone project or via a bond pool. Businesses seeking financing for relatively large investments ($500,000 or more) whether for a building project or for the purchase of equipment may use the CCIDA’s capability to facilitate the transaction.

 

The CCIDA also owns a 34,000 sq.ft. manufacturing rental facility which is currently fully occupied, implements federal and state business incentive initiatives as they arise, and prepares infrastructure grant and loan applications for businesses and municipalities and grant applications for community organizations for select projects.

 

The CCIDA Board meets the third Thursday of each month at 8:00am in the Cameron County Commissioners’ Conference Room. Meetings are public.