The Fiscal Year 2015 Capital Budget, SB 119, was signed into law by Governor Sean Parnell on May 30, 2014. This fiscal year, 497 Designated Legislative grants were appropriated under the Department of Commerce, Community, and Economic Development, Division of Community and Regional Affairs to be administered by the Grants Section for grants to Municipalities, Named Recipients, and Unincorporated Communities totaling over $204 million dollars. A copy of the FY 2015 Enacted Capital Budget can be found at: https://omb.alaska.gov/ombfiles/15_budget/PDFs/Capital_Budget_Bill_SB0119Z.PDF.
Grant award notifications are expected to be mailed to recipients afterJune 20, 2014 and prior to June 30, 2014.
In order to receive grant funds, a grant agreement must be executed between the grantee and the Department of Commerce, Community, and Economic Development. Grantees may not incur any Fiscal Year 2015 grant related expenses prior to July 1, 2014.
Communities and organizations seek funding through their state senators and representatives for identified capital projects. Appropriations are included in the Capital Bill by the legislature at their discretion, with final approval by the governor. Under the governor’s discretion, project funding may be reduced or vetoed entirely.
The Department of Commerce, Community, and Economic Development, Division of Community and Regional Affairs’ Grant Section manages the program under the provisions of the Alaska Statutes 37.05.315-37.05.325.
Alaska Statutes are codified laws enacted by the legislature. The most current statutes can be found on the Alaska State Legislature website: http://www.legis.state.ak.us/basis/folio.asp
Upon approval of the capital bill, all grantees with grants appropriated to the department will be notified by the department. Most grants will have an effective date July 1st of every year and expenditures may not be incurred prior to that date unless otherwise stated in law.
If you would like to know more about this program or if your community or organization has been appropriated a grant, please review resources available below.
Division of Community and Regional Affairs
Department of Commerce, Community, and Economic Development