Submitted By: Edwin R. Carreras Rivera
presenter
Presentation By: Roberto Ellis
end
Department: Growth Management
FORMAL TITLE:
title
East Ocala Community Redevelopment Area Residential Property Improvement Grant for property located at 420 NE Seventh Terrace, in an amount not to exceed $15,235
end
OCALA'S RELEVANT STRATEGIC GOALS:
Quality of Place
PROOF OF PUBLICATION:
N/A
body
BACKGROUND:
Program Objective: The East Ocala Community Redevelopment Area (CRA) Residential Property Improvement Grant is designed to incentivize reinvestment in aging structures, address blight conditions, and enhance livability and taxable value. Funding is provided through the CRA trust fund consistent with the adopted CRA Plan and Florida Statutes (Chapter 163, Part III).
Project Summary:
Grant ID: CRA26-0013
Applicant: JFG Properties, LLC
Applicant Representative: Joyce Gamache
Address: 420 NE Seventh Terrace
Parcel ID: 2826-016-002
Scope of Work: The proposed project involves replacing windows and fencing.
Quote(s): Low Quote(s): $20,312.32 High Quote(s): $27,082.80
Recommended Grant Amount: $15,235
Property Information: This 1,166 square-foot, two-bedroom, one-bath single family residence sits on a 0.10-acre lot. The house was built in 1938 and has a taxable value of $33,074. Property taxes are current and fully paid.
Maximum Grant Amount: $20,000, covering up to 75 percent of project costs and 50 percent on roofing improvements. The attached grant framework outlines the elements of eligible work.
FINDINGS AND CONCLUSIONS:
Eligibility Review: Staff verified the property's location within the CRA, compliance with the program guide, and confirmed that work will begin after approval. The scope addresses conditions of slum and blight in an area with a high share of aging housing stock and substandard structures, improving livability, visual quality, and economic development prosperity.
Site Visit Review: Staff completed a site visit on April 14, 202...
Click here for full text