In a recent government meeting, officials discussed significant funding initiatives aimed at enhancing community development and infrastructure. The meeting highlighted the Transportation Infrastructure Finance and Innovation Act (TIFIA) grant, which allocates $990,000 over three years, with $450,000 earmarked for staffing and consulting services to explore development opportunities in the Kirkpatrick Heights area and transit-oriented projects.
Officials noted that this marks a pivotal moment for the organization, as it will be the first time they act as a direct recipient of a federal grant, increasing their fiduciary responsibilities and exposure to risk. The meeting also addressed a Track 2 grant application, which was submitted in May but received a score of 68 out of 100. Officials expressed optimism about resubmitting the application after making necessary adjustments, aiming to surpass the required score of 85.
Additionally, a $2 million grant is being pursued to support the establishment of a Community Development Corporation (CDC). This funding will cover staffing costs and strategic planning to generate revenue streams for the CDC. The meeting outlined that approximately $200,000 from another community change grant could potentially flow back into the organization over three years, contingent on substantiating indirect costs.
A notable project discussed was a $12 million initiative to enhance the Kirkpatrick Heights master plan, which includes building a green screen along a rail line to address environmental justice concerns and improving local trails. This project will also involve a $2 million program led by the Terrence Crutcher Foundation focused on community engagement and establishing a resiliency hub at the Rudacille Library, which will include a backup generator installation.
Overall, the meeting underscored a proactive approach to securing funding and fostering community resilience through strategic partnerships and development initiatives.