Public Notice Community Development Block Grant Project

Town of Derry, New Hampshire
Public Hearings Notice
Community Development Block Grant Project

The Derry Town Council will hold 3 Public Hearings on Tuesday, January 24, 2017 at 7:30pm at the Derry Municipal Center, 14 Manning Street, Derry. Community Development Block Grant funds are available to municipalities through the NH Community Development Finance Authority. Up to $500,000 annually is available for economic development projects, up to $500,000 for public facility and housing projects, up to $350,000 for emergency activities, and up to $12,000 is available per planning study grant. All CDBG projects must primarily benefit low and moderate income persons. The purpose of these hearings:

1. A proposed application to the Community Development Finance Authority for up to $500,000 in Community Development Block Grant funds. The town will retain up to $25,000 for administrative expenses and the remainder will be used toward financing the interconnection into the municipal water and sewer system of the Frost Residents Cooperative. Frost Residents Cooperative is a 30 unit manufactured housing park,located at 139 Rockingham Road in Derry.
2. Housing and Community Development Plan.
3. The Residential Anti-Displacement and Relocation Assistance Plan.

For persons with special needs, provisions can be made by contacting the Town Administrator’s Office telephone (432-6100) or mail, at least five days prior to the public hearing.

Derry Town Council
14 Manning Street
Derry, NH 03038
(603) 432-6100