Community Economic Revitalization Board (CERB)
The Community Economic Revitalization Board (CERB) was formed in 1982 to respond to local economic development in Washington communities. CERB provides funding to local governments and federally-recognized tribes for public infrastructure which supports private business growth and expansion. Eligible projects include domestic and industrial water, storm water, wastewater, public buildings, telecommunications, and port facilities.
INVESTING IN WASHINGTON'S ECONOMIC FUTURE
CERB has invested $163 million in communities across the state. These projects encouraged private and local investments adding up to about $34 for every $1 from CERB. They created over 35,000 permanent jobs and generated $385 million in other public funds and $5.6 billion in private investment.
NEW ONLINE APPLICATION!
Please contact staff when you are ready to apply for CERB funding, to get a link to the application. To help with the application process, please review the NEW application overviews below.
CERB March 2017 Newsletter
OLYMPIA, WA, May 18, 2016 -- The Washington State Community Economic Revitalization Board (CERB) approved $4,956,250 in loans and grants for public infrastructure development and economic feasibility studies targeting business growth and job creation in the Port of Chelan County, Port of Woodland, City of Soap Lake, Port of Chehalis, Port of Everett, City of College Place, City of Sequim, Lincoln County, City of Sunnyside, and the Port of Sunnyside.
Next Board Meeting:
July 27, 2017
2017-19 Meeting Schedule (PDF)
BOARD MEMBER VACANCIES Applications for Board Member Vacancies
CERB had an agency request for $8 million for the 2017-2019 biennium, which was the anticipated loan and interest repayment revenue in the account. In the Governor's 2017-2019 Budget, CERB did not receive an appropriation. The funds from the Public Facility Construction Loan Revolving Account* were appropriated to the State's Brownfields Program, for affordable housing.
*The Public Facility Construction Loan Revolving Account is the account CERB's loan repayments and interest are deposited into. This account is also the account CERB receives authority to loan and grant money from.
01/13/2017: Gerry O'Keefe, Senior Director for Environmental Affairs of the Washington Public Ports Association, testified at the House Capital Budget Committee, speaking to the Governor's Budget in regards to CERB Funding (video)
01/12/2017: James Thompson, Deputy Director of the Washington Public Ports Association, testified at the Senate Ways & Means Committee, speaking to the Governor's Budget in regards to CERB funding (video)
CERB Quick Facts (PDF)
CERB is a state board focused on economic development through job creation in partnership with local governments. The Board has the authority to finance public infrastructure improvements that encourage new private business development and expansion. In addition to funding construction projects, CERB provides limited funding for studies that evaluate high-priority economic development projects. Applications for all of CERB's funding programs are considered on an ongoing basis. The Board meets every two months to consider projects and make funding decisions. 2015-17 Application Due Dates and Meeting Schedule (PDF)
CERB may not finance projects which:
- - Result in retail development
- - Facilitate gambling
- - Displace jobs from one part of the state to another
- - Are outside the applicant’s jurisdiction
Loans and grants for construction of public infrastructure necessary for private business expansion. The Committed Private Partner (CPP) Program requires a private business commitment as part of the public entity's application.
- - Evidence that a private development or expansion is ready to occur and that the private development is contingent upon the approval of CERB funds.
- - The project must either create a significant number of permanent jobs and/or generate significant private capital investment.
- - The median hourly wage of the private sector jobs created after the project is completed must exceed the countywide median wage.
Applicants must also demonstrate the need for CERB assistance and that no other timely source of funds is available at reasonably similar rate to the current CERB rate.
The CPP program application is a two-tier application. Tier 1, which is done via an online portal, is the threshold requirement questions. Staff will review the Tier 1 application within 3 days of receipt. If the applicant's Tier 1 application passes threshold, the Tier 2 application will be sent to the applicant.
Prior to submitting an application, please print out the Committed Private Partner Threshold Checklist. This will help ensure that the submitted application is complete.
CERB provides limited funding for studies to evaluate high-priority economic development projects.
Projects should target job growth and long-term economic prosperity and can include: site-specific plans, studies and analyses that address environmental impacts, capital facilities, land use, permitting, feasibility, marketing, project engineering, design, site planning and project debt and revenue impacts.
When considering planning grants, the board gives priority to projects that could result in a type of project eligible for CERB construction funds.
Prior to submitting an application, please print out and complete the Planning Threshold Checklist. This will ensure that the submitted application is complete.
All planning projects funded by CERB must complete the Economic Development Minimum Requirements and include them in the final submitted document.
View Planning Application Overview (PDF)
Rural communities may receive loans and grants for public infrastructure to enable future business development. Jurisdictions in rural counties and rural communities may apply for the Prospective Development (PD) program if an economic feasibility study demonstrates that private business development is likely to occur as a result of the public improvements.
Other requirements include:
- - Evidence from an economic feasibility study that the project will lead to the creation of a significant number of permanent jobs or generate significant private capital investment.
- - Applicants must also demonstrate the need for CERB assistance and that no other timely source of funds is available at a reasonably similar rate to the current CERB rate.
The Prospective Development Program application is a two tier application. Tier 1, which is done via an online portal, is the threshold requirement questions. Staff will review the Tier 1 application within 3 days of receipt. If the applicant's Tier 1 application passes threshold, the Tier 2 application will be sent to the applicant.
Prior to submitting an application, please print out and complete the Prospective Development Threshold Checklist. This will help ensure that the submitted application is complete.
View Prospective Development Application Overview (PDF)
Ready to apply?
Contact Janea Eddy, firstname.lastname@example.org
2015-17 Policies (PDF)
Median Wage FAQ (PDF)
Median Wage by County (PDF)
Median Wage CALCULATOR (xls)
Match CALCULATOR (xls)
2015-17 Policy Updates
Several items have been updated in the 2015-17 CERB Program Policies Guide. We encourage you to review these changes:
- Loan/grant financing criteria and eligibility model (Pg 4)
- New definition for "rural communities" (Pg 6)
- Fire-stricken counties and tribal reservations (Pg 3 and 26)
Lynden Wins Award
In May 2016, RMC Architects was awarded the Valerie Sivinski Award for Outstanding Rehabilitation from the Department of Archaeology and Historic Preservation (DAHP) for the rehabilitation of the Lynden Department Store.
CERB provided a $572,500 loan in 2015 to the City of Lynden for the repair and replacement of sidewalks, curbs and gutters on Front and 5th Streets.
Helping You Grow
Since 1982, CERB has helped communities in every corner of the state grow by making strategic investments to spur job creation. Check out our map to see the number of projects and CERB dollars invested by county.