Submitted By: Roberto Ellis
presenter
Presentation By: Aubrey Hale
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Department: Growth Management
STAFF RECOMMENDATION (Motion Ready): title
Approve a North Magnolia CRA Residential Property Improvement Grant for property located at 1618 NW First Avenue in an amount not to exceed $9,707
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OCALA’S RELEVANT STRATEGIC GOALS:
Economic Hub, Quality of Place
PROOF OF PUBLICATION:
N/A
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BACKGROUND: The intent of the Community Redevelopment Agency (CRA) North Magnolia subarea Residential Improvement Grant program is to encourage homeowners to make interior and exterior improvements to buildings while adding value within the CRA and reversing deteriorating trends in the area. In March 2024, the program was revised to include several categories for home improvement.
Per the grant guidelines, replacing exterior windows and doors is listed as an eligible improvement that can be reimbursed through the program. The maximum grant to be awarded annually is $20,000; the required applicant match is 25 percent of the project costs. Below is a summary of the application.
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Grant Application ID#: |
CRA24-0006 |
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Applicant: |
Anita Drummond |
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Address: |
1618 NW First Ave. (Parcel ID: 25835-014-07) |
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Project Description: |
Replacement of exterior windows and doors. |
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Low Quote: |
$12,943.57 |
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Recommended Grant Amount: |
Not to exceed $9,707.68 |
FINDINGS AND CONCLUSIONS: Staff reviewed and processed the application in accordance with the grant program guidelines. The key findings are outlined below.
• The home was constructed in 1985 and is the Applicant's primary residence.
• The proposed improvement will increase energy efficiency, by providing better temperature control and reduced power costs.
• In December 2023, the Applicant was awarded a CRA grant to replace the roof at the home. The project was a success, and the homeowner was reimbursed $7,362.42. The Applicant intends to make other improvements to the home in the future.
• The Grant Review Committee (GRC) visited the property on November 18, 2024, and discussed the proposed scope of work with the applicant. The GRC observed that improvements were needed to improve the quality of the building.
• The North Magnolia Ocala CRA Advisory Committee (Advisory Committee) met on November 25, 2024, and recommended approval of the grant.
Staff recommends approval of the grant in an amount not to exceed $9,707.68. The recommended amount represents 75 percent of the estimated project costs.
FISCAL IMPACT: There is adequate funding for the grants being considered at this meeting. The North Magnolia CRA Grant Account, 622-016-553-559-55-82010, has a balance of $151,052.00.
PROCUREMENT REVIEW: N/A
LEGAL REVIEW: N/A
ALTERNATIVE:
• Approve with changes
• Table
• Deny