The public is invited to review the following cancelled project of the County that had been included in the Community Development Block Grant (CDBG) Fiscal Year 2021-2022 Action Plan, which identified projected use of funds for July 1, 2021 – June 30, 2022 for submission to the U.S. Department of Housing and Urban Development (HUD).
Agency Name: Los Angeles County Development Authority – Community & Economic Development Division
Program Name: County Economic Development Loan Program
Project Number: 600712-20
Original CDBG Amount: $2,252,875
Description: The U.S. Economic Development Administration (EDA) Agreement to Release the EDA Federal Interest in a Revolving Loan Fund Award was executed, allowing for Community Development Block Grant-Revolving Loan (CDBG-RL) funds to be converted to Community Development Block Grant (CDBG) funds and the cancellation of the County Economic Development Loan Program. This project provided financial support to small- and medium-sized businesses through a revolving loan fund in prior program years.
This is a 30-day notice. Anyone wishing to comment should submit written comments by October 29, 2021, to the attention of:
Espy Corona, Development Specialist
Community & Economic Development Division
Los Angeles County Development Authority
700 W. Main Street
Alhambra, CA 91801
Contact: Espy Corona, (626) 586-1771, firstname.lastname@example.org