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WTC Records Folder 0139 label, 2001

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Archival folder label from the Office of the Mayor for World Trade Center records, identified as Folder 0139.

NYC-WTC_000136542–000136669

Folder label: “Folder 139

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NYC 9/11 Public Portal Document NOV 30 2001 6:00 PM FR EDC/ECO&ENGY ANALYS E18 8898 TO 7593251519877037 P. 17

City and the surrounding region depend upon the economic vitality of the affected area.

• the requirement that the State provide matching flmds for the up to two (2) percent of the total grant that is available to the State for administrative costs.

• the requirement that the State create or retain at least one fall-time equivalent, permanent job per $35,000.00 of CDBG funds used in the aggregate.

• the requitement that the State create or retain at least one full-time equivalent. permanent job per $50,000.00 of CDBG funds used for individual activities.

• the requirement that funds used for infrastructure improvements targeted principally for the benefit of one or more businesses, not exceed $10,000.00 per job. This waiver is requested for those infrastructure improvements that will result in a benefit for multiple businesses.

• the requirement that the State obligate ninety-five (95) percent of these funds within twelve (12) months of the grant agreement, and all of the funds (with the exception of administration costs) within fifteen (l5) months.

• the requirement of a public hearing. The State will notify the public that the action plan is available for review and comment.

In addition, we would ask HUD to further identify and clarify what, if any, actions the State must take in consultation with local governments. Concurrently, please explain the degree to which the State or any local municipality must identify its community development and housing needs and proposed solutions, including the needs of low or moderate-income families.

I deeply appreciate the generous cooperation offered by you and your staff in New York's efforts to recover from the terrible damage suffered as a result of the September i" Terrorist Attacks. I look forward to working with you to secure the waivers referenced above, and to identify and secure any additional waivers that would Rather our common goal. Please call me with any questions.

Sincerely,

CAG

I

** TOTAL PAGE. 17 **

NYC-WTC 000136562

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NYC-WTC_000136562Source: NYC Law Department, mirrored locally

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Archival folder label from the Office of the Mayor for World Trade Center records, identified as Folder 0140.

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