Victoria Electric Cooperative, Inc. Community Development Program
Our mission is to stimulate growth in the communities we serve, through a mutual excitement and understanding of the cooperative spirit, empowering organizations to work together to make a difference for generations to come.
ABOUT THE PROGRAM
Texas legislation was passed allowing electric cooperatives to use escheated funds for rural scholarships, economic development and energy efficiency. Therefore, Victoria Electric Cooperative, Inc. (VEC) has created an economic development fund. The Community Development Program provides grants from this economic development fund for capital projects that support community and economic development and will be of significant benefit to VEC members and the public. VEC awards the grants to local governments and non-profit groups such as civic organizations, schools, volunteer fire departments, libraries, emergency medical services, museums and historical associations within the counties served by VEC.
Most local governments and non-profit organizations in the counties served by VEC are eligible to apply for a VEC Community Development grant.
Projects must meet the following criteria to be eligible for a Community Development Grant:
The types of projects that are not eligible include: completed projects; religious or church-sponsored facilities that can only be used by church members; social service projects; land acquisition projects; program operating costs; debt-reduction campaigns; seminars and conference fees; computer equipment or software; most functions carried out by a taxing entity; appliances; office equipment; and batteries for equipment.
COUNTIES IN WHICH VEC COMMUNITY DEVELOPMENT GRANTS MAY BE AWARDED
MAXIMUM GRANT AMOUNTS AND PROGRAM GOALS
Two-thirds of the grant money is available for grants of $2,000 or less, while one-third of the grant money is available for grants up to $5,000.
Emphasis is placed on projects that align with our program goals:
The following documents are required for a complete application. Please do not send information that was not requested and do not send binders. Submit three packets of paperwork (one original and two copies).
Please clip each packet of requested information together. Do not staple.
GRANT APPLICATION PROCESS
VEC determines annually if funding is available for Community Development grants. In years which funds are available, grants will be awarded once a year. Applications received by the deadline are reviewed by the VEC Employee Relations Committee (ERC). The ERC will present selected recipients to the VEC Board of Directors for approval. All decisions made by the board are final and cannot be appealed. Grants awarded may be lower than the amount requested, depending on the number and types of projects being funded. Grant recipients are notified by VEC staff. A grant check will be distributed following the execution of a letter of agreement with the recipient. The number of grant applications received will likely exceed available funding. Eligible applicants who do not receive a grant due to funding limits may reapply during future grant cycles. Decisions regarding awarded grants are within the sole discretion of the Community Development Review Committee and may not be appealed. Communicating with members of the Community Development Review Committee about a pending grant application is not allowed. An entity receiving a grant must wait a full 24 months following the official close out of the previous grant before it is eligible to submit for another project.
WHERE TO SUBMIT APPLICATIONS:
Submit completed applications in person or by mail to:
Victoria Electric Cooperative, Inc.
Attn: VEC Community Development Program
P.O. BOX 278
Victoria, Texas 77902
DO NOT FAX OR EMAIL APPLICATIONS
APPLICATIONS DUE APRIL 1ST
Applications must be received – not postmarked – by 5 p.m. on the day of the deadline. If the deadline falls on a weekend or holiday, it will be extended to the next regular business day. Application reviews take approximately 10 weeks to complete from the deadline until funding. Be sure to take this into account when planning your project. Late applications, incomplete applications or improperly completed applications will be ruled ineligible. Staff can review draft applications and provide feedback if submitted at least three weeks in advance of the deadline. Grant decisions will be announced in June.
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