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Consolidated Plan Practices. Aligning Plans with EDA. Aligning Planning Efforts. Memorandum Of Understanding (MOU)
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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
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 • 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 • Tutorial on using Microstrategy Report for Goals & Accomplishments • CPD Maps Desk Guide • eCon Planning Suite FAQs • “View eCon Planning Suite Trainings” • Links to recordings and slides for past webinars • Links to e-Tutorials demonstrating key functions in IDIS and CPD Maps