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Public Hearing at Courthouse, Tonight, on Funding for Proposed “Business Incubator”

March 30th, 2015 by

courthouseNOTICE OF PUBLIC HEARING
A public hearing will be held on March 30, 2015 at 6:00 pm at the Drew County Courthouse Courtroom for the purpose of identifying and prioritizing the community needs of Drew County, determining whether an application for Arkansas Community and Economic Development Program (ACEDP) funds should be developed and if so, for what community need.

Also, comments on proposed project activities will be discussed, especially those with possible impacts on the community, should the project receive funding.

ACEDP funds are federal assistance received by the State of Arkansas and administered by the Arkansas Economic Development Commission. These funds will be made available to cities and counties according to need and can be used for housing rehabilitation, community facilities, or economic development, but must address one of the following objectives:

1. Provide benefit to low and moderate income families,
2. Aid in the prevention of slum and blight, or
3. Meet other community needs, which pose a serious, immediate threat to the health or welfare of the community where no other funding is available to meet such needs.

All residents of Drew County are encouraged to attend the hearing and participate in the community development process.

Drew County will provide technical assistance in developing proposals by groups representing low and moderate-income persons.

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