Small Town Economic Assistance Program (STEAP)
The Small Town Economic Assistance Program (STEAP) funds economic development, community conservation and quality of life projects for localities that are ineligible to receive Urban Action (CGS Section 4-66c) bonds. This program is administered by the Office of Policy and Management.
Like Urban Action, STEAP funds are issued by the State Bond Commission and can only be used for capital projects. Programmatic expenditures or recurring budget expenditures are not eligible for STEAP or any other state bond program. However, some projects, while generally capital in nature, should not be funded with State bond money for various public policy reasons including but not limited to administrative improvements. Projects eligible for STEAP funds include:
1) economic development projects such as (a) constructing or rehabilitating commercial, industrial, or mixed-use structures and (b) constructing, reconstructing, or repairing roads, access ways, and other site improvements;
2) recreation and solid waste disposal projects;
3) social service-related projects, including day care centers, elderly centers, domestic violence and emergency homeless shelters, multi purpose human resource centers, and food distribution facilities;
4) housing projects;
5) pilot historic preservation and redevelopment programs that leverage private funds; and
6) other kinds of development projects involving economic and community development, transportation, environmental protection, public safety, children and families and social service programs.
Localities may receive up to $500,000 per year if (1) they are not designated as a distressed municipality or a public investment community, and (2) the State Plan of Conservation and Development does not show them as having a regional center.
Public Act 05-194 allows an Urban Act Town that is not designated as a regional center under the State Plan of Conservation and Development to opt out of the Urban Action program and become a STEAP town for a period of four years. In order to effect this change, the Office of Policy and Management must receive a letter requesting the change from Urban Act to STEAP as well as proof that the legislative body has approved such a change. Minutes from the legislative session as well as a resolution are acceptable methods of verification of the approval.
See list of current STEAP eligible localities.
STEAP FISCAL YEAR 2014 ANNOUNCEMENT
FY 2014 STEAP APPLICATION
FY 2014 Grant Application Timeline: Applications must be received no later than April 15, 2014 for consideration this fiscal year. Please make sure that applications are either submitted electronically at firstname.lastname@example.org or mailed to the Office of Policy and Management, 450 Capitol Avenue Hartford, Connecticut 06106 to the attention of Meagan Occhiogrosso. Decisions on awards will be announced periodically but no later than September 15, 2014.
Click to view list of FY2013 awards, FY2012 awards, FY2011 awards
Important Note to Award Recipients
Please do not proceed with any anticipated STEAP-funded project work until you are fully aware of any contractual terms required by the administering agency.