TECHNICALLY SPEAKING
SEH’s F.A.T. helped communities secure necessary funding: FEMA U.S. Firefighter Grant – $168,230 for training and equipment, St. Augusta, Minn., and $94,000 for new breakout and safety gear, Scanlon, Minn. Special Federal Earmark Appropriation Water Resource Development Act – $2.2 million, Tower, Minn. A 230-acre mixed-use development – $6.5 million in infrastructure funding, joint project of Hobart and Lake County, Ind., and a private developer. Lake Front Park Development Project – $6.7 million in funding, joint project of the National Park Service and Portage, Ind. |
Get F.A.T. for the Holidays
Financial Advisory Team finds critical funding.
What better time to get F.A.T. than during the holidays—the SEH Financial Advisory Team, that is. With the start of the legislative session just around the corner, pressure for project funding looms on the horizon, especially when a lack of local funding sources threaten necessary projects.
“Being aware of potential government funding sources and understanding their complexities and requirements is half the battle to securing necessary project funding,” Gary Lamppa, SEH’s government relations expert said. “Yet, many communities don’t have the time or staff to research these programs, and as a result, may leave eligible funding on the table.”
F.A.T., comprised of SEH community and economic development experts, can work with you at the idea stage to help determine the availability of traditional and non-traditional funding sources, and help you navigate the funding course. The team also can work with you once your project is underway to determine if there are more funding options and secure additional funding.
F.A.T. has helped numerous communities secure funding ranging from $50,000 to $60 million. Currently, the F.A.T. is assisting 19 clients with projects requiring special legislative bonding in 2008. F.A.T. will accompany clients to meet with their area legislators and assist clients through the appropriation process throughout the legislative session.
To learn more about funding opportunities, including project planning, project financing, regulatory requirements, tax increment financing, and state and federal funding sources, contact Gary Lamppa at 800.325.2055.
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