Submitted By: Edwin R. Carreras Rivera
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Presentation By: Roberto Ellis
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Department: Growth Management
FORMAL TITLE:
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East Ocala Community Redevelopment Area Residential Property Improvement Grant for property located at 428 NE Seventh Terrace, in an amount not to exceed $18,372
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OCALA'S RELEVANT STRATEGIC GOALS:
Quality of Place
PROOF OF PUBLICATION:
N/A
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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: CRA26-0012
Applicant: JFG Properties, LLC
Applicant Representative: Joyce Gamache
Address: 428 NE Seventh Terrace
Parcel ID: 2826-017-002
Scope of Work: The proposed project involves replacing the windows and perimeter fence.
Quote(s): Low Quote(s): $24,495 High Quote(s): $30,016.44
Recommended Grant Amount: $18,372
Property Information: This 1,496 square-foot, single-family residence was built in 1918 and sits on a 0.18-acre lot. It is a two-bedroom, two-bath house with a taxable value of $47,423. The owner acquired the home in 2014 and has completed some improvements. Property taxes are current and fully paid.
Maximum Grant Amount: $20,000, covering up to 75 percent of project costs and 50 percent of 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 develo...
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