Submitted By: Roberto Ellis
presenter
Presentation By: Roberto Ellis
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Department: Growth Management
STAFF RECOMMENDATION (Motion Ready): title
Approve the East Ocala Community Redevelopment Area Residential Improvement Grant for property located at 937 NE Third Street in the amount of $12,375 (CRA24-45727)
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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 East Ocala Community Redevelopment Area (CRA) 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, reroofing is listed as eligible work that can be reimbursed through the program. The maximum grant that can be awarded annually is $20,000 and the required applicant match is 25 percent of the project costs.
FINDINGS AND CONCLUSIONS: The application was reviewed and processed in accordance with the grant program guidelines and evaluation criteria. The East Ocala Grant Review Committee visited the site on June 20, 2024, and recommended approval of the request. The East Ocala CRA Advisory Committee recommended approval on June 26, 2024. Additional information relating to the grant request is included in the application packet. Staff recommends approval of the grant.
Table 1 - Grant request summary
|
Grant Project # |
CRA24-45727 |
|
Address |
937 NE Third St. |
|
Owner/Applicant |
David Ross |
|
Low Quote |
$16,500 |
|
Grant Amount |
$12,375 (Maximum) |
FISCAL IMPACT: There is adequate funding for the grant request being considered. Currently, there is a balance of $365,642 in the East Ocala CRA grant account (620-016-559-559-55-82010).
PROCUREMENT REVIEW: N/A
LEGAL REVIEW: N/A
ALTERNATIVE:
• Approve with changes
• Table
• Deny