Submitted By: Charlita Whitehead
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Presentation By: Roberto Ellis
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Department: Growth Management
STAFF RECOMMENDATION (Motion Ready):
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Approve the West Ocala Community Redevelopment Area Residential Improvement Grant (CRA24-45749) for property located at 620 West Silver Springs Place in an amount not to exceed $20,000.
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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 West Ocala Community Redevelopment Area (CRA) Residential Property Improvement Grant is to encourage homeowners to make exterior facade improvements, addressing trends of deterioration in some neighborhoods while adding value to the CRA. Eligible work elements include:
1. Exterior painting
2. Repair and replacement of windows, and doors
3. Demolition of irreparable damaged houses or structures
4. New landscaping area visible from the street/sidewalk
5. Fencing installation
6. Reroofing
7. Weatherization
8. New construction
Each property owner can submit one application per fiscal year. The maximum grant that can be awarded is $20,000, covering up to 75 percent of the project costs.
FINDINGS AND CONCLUSIONS: This is the second application submitted by D & S Development LLC. Application CRA24-45749 was reviewed and processed in accordance with the grant program guidelines and evaluation criteria. This project is a new construction of their standard ‘Denise model’ single-family home with a total area of 1,491 square feet, including a garage. The home is required to remain within the affordability threshold for 10 years after completion.
The West Ocala Grant Review Committee visited the site on July 9, 2024, and recommended approval of the request. The West Ocala CRA Advisory Committee recommended approval of the grant on July 18, 2024. Advisory Committee member, Dwan Thomas, abstained from voting on the application due to his interest in D& S Development LLC. An application, cost estimates, and photographs of existing conditions are included in the packet attached. Staff recommends approval.
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Grant Project # |
CRA24-45749 |
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Address |
620 West Silver Springs Place |
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Owner/Applicant |
D&S Development LLC/Dwan Thomas |
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Project Description |
Construction of a single-family home |
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Grant Request |
$20,000 |
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Applicant Match |
$94,820 |
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Total - Eligible Costs |
$114,820 |
FISCAL IMPACT: There is adequate funding for the grants being considered at this meeting. Currently, there is a balance of $320,783.00 in the West Ocala CRA grants account (623-016-560-559-55-82010). Funds not utilized in Fiscal Year 2023-24 will be carried forward to the next fiscal year. This project is scheduled to be completed in Fiscal Year 2024-25.
PROCUREMENT REVIEW: N/A
LEGAL REVIEW: N/A
ALTERNATIVE:
• Approve with changes
• Table
• Deny