Consolidated Plan Practices Aligning Plans with EDA Aligning

Consolidated Plan Practices Aligning Plans with EDA

Aligning Planning Efforts Memorandum Of Understanding (MOU) HUD and the Economic Development Administration (EDA) are working together to describe how grantees can better coordinate their local planning efforts so that planning documents prepared for one agency can also be submitted to the other agency. • • MOU executed in October 2016 Inter-agency work group established Currently in early planning stages All outcomes will be voluntary. Not new requirements.

Comprehensive Economic Development Strategy (CEDS) CEDS Con Plan EDA’s strategic planning document Must be updated at least every 5 years Prerequisite to funding Requires stakeholder involvement Assesses area’s economic needs & undertakes a market analysis • Has an action plan component • Looks for measureable results • • •

Differences in Plans Con Plan Format Data CEDS System Driven Template Paper Driven – Flexible Template Limited Narrative Ability to “Tell the story” Pre-populated data elements Requires own data Audience Jurisdictional Regional Funding Focus on economic investment Focus on low-mod

Aligning Consultation & Citizen Participation Process Aligning plans will provide an opportunity to bring new partners to the planning process • Economic Development agencies, local businesses, roundtables and associations can provide feedback on where investments are placed. • Workforce centers and their advisory boards can provide feedback on job creation and retention needs. • Regional participation can add perspective to the planning process. • Opportunities to share resources and administrative load may be discovered. (regional job training, transit enhancements, shared revolving loan fund)

Aligning Funding EDA funding is used for economic investment. CDBG can complement this goal. • • Job creation and retention Removal of slum and blight Developing a workforce Targeting areas for reinvestment

Leveraging Funding EDA funding is used for economic investment. CDBG can complement this goal. • • • Infrastructure Public Facilities Assistance to businesses Demolition Job training Support services – day care, transportation

Next Steps for HUD & EDA are jointly developing guidance on: Aligning local investments with regional goals Enhancing the citizen participation and consultation process How to merge con plan cycles with CEDS plan cycles Additional information each document needs to meet both agencies’ requirements • Benefits and hazards of combining funding sources • •

Key Resources Consolidated Plan Website: https: //www. hudexchange. info/consolidated-plan/ Featured Resources: – – – – Ask A Question (AAQ) Manual for using the Consolidated Plan template in IDIS Troubleshooting Guide Quick Guides HOME Consortia Specific Tutorial on using Microstrategy Report for Goals & Accomplishments CPD Maps Desk Guide e. Con Planning Suite FAQs • “View e. Con Planning Suite Trainings” – Links to recordings and slides for past webinars – Links to e-Tutorials demonstrating key functions in IDIS and CPD Maps