File #: 23-206 CRA    Version: 1 Name:
Type: CRA Board Action Status: Agenda Ready
File created: 9/13/2023 In control: Community Redevelopment Agency
On agenda: 9/28/2023 Final action:
Title: A.-G.U.I.D.E. FUNDING REQUEST FOR FISCAL YEAR 2023-2024 - DELRAY BEACH COMMUNITY LAND TRUST
Attachments: 1. Agenda Cover Report, 2. Exhibit A - FY 2023-2024 - DBCLT A.-G.U.I.D.E. Funding Agreement
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TO:                                           CRA Board of Commissioners

FROM:                       Gina Clayton, Finance & Operations Director

THROUGH:                      Renée A. Jadusingh, Esq., Executive Director

DATE:                      September 28, 2023

 

Title

A.-G.U.I.D.E. FUNDING REQUEST FOR FISCAL YEAR 2023-2024 - DELRAY BEACH COMMUNITY LAND TRUST

 

Body

Recommended Action:

Recommendation

Approve the A.-G.U.I.D.E. Funding Agreement with the Delray Beach Community Land Trust, Inc. in the amount of $213,710 for Fiscal Year 2023-2024 and authorize the CRA Board Chair and Executive Director to execute all documents for said purpose.

 

Body

Background:

The Delray Beach Community Land Trust, Inc. (“DBCLT”) applied for CRA A.-G.U.I.D.E.: Achieving Goals Using Impact Driven Evaluation Funding for FY 2023-2024 under the category of Affordable Housing.  Funding is requested for one program (Program “A”), which is the DBCLT’s Affordable Housing Program.  The specifics of the DBCLT’s request are summarized below.

 

Current Funding Request Amount:                      $213,710

Organization Total Budget:                                                                $1,046,500

CRA Funds - Percentage of Budget:                                           20.4%

FY2022-2023 Funding:                                                               $161,000

 

STAFF REVIEW:

This year’s Funding Evaluation Committee consisted of CRA Assistant Director, Christine Tibbs; CRA Finance & Operations Director, Gina Clayton; CRA Program Director, Grace Gdaneic; and one representative from the City of Delray Beach - the Assistant City Manager, Jeff Oris.  The Committee rated the application package based on the established A-G.U.I.D.E. criteria.  Criteria used in review of the application were grouped into six categories weighted to total 100% as follows:

 

Organization Capacity                                           20%

Need for Project/Program                                           20%

Project/Program Description                                           10%

Logic Model                                                                                    20%

Evaluation Plan                                                               10%

Budget & Sustainability                                          20%

 

The Application Evaluation Form has six categories, and the majority of the items are rated on a scale of 1 to 5 (worst to best possible response).  Please review the attached Application Evaluation Form that includes the rating of the committee members on each Project/Program. 

 

 

The outcome of the committee’s review is as follows: 

 

Evaluation Score:                     88%                      

 

In addition to the attached Application Evaluation Form and budget forms, the following documents are available from the CRA office upon request:

 

A-GUIDE Application

A-GUIDE Logic Model

A-GUIDE Evaluation Plan

Strategic Plan

IRS Form 990

Audited Financial Statements

 

CRA BOARD WORKSHOP AND FUNDING AGREEMENT:

At the September 28, 2023, CRA Board A.-G.U.I.D.E. Workshop, the DBCLT made a presentation to the CRA Board about their programming for the upcoming fiscal year.

 

Attached is the Funding Agreement outlining the DBCLT’s reporting requirements and other responsibilities with regard to the funding provided. The DBCLT will submit quarterly reports documenting the expenditure of funds and the progress towards the outcomes projected in the Goals and Outcomes Report and Budget for FY 2023-2024. Funds will be disbursed quarterly based on submittal of the associated quarterly reports.

 

Staff is seeking approval for the A.-G.U.I.D.E. Funding Agreement with DBCLT in an amount not to exceed $213,710.

 

Attachment(s): Exhibit A - FY 2023-2024 - DBCLT A.-G.U.I.D.E. Funding Agreement

 

CRA Attorney Review:

The CRA Attorney has reviewed the Funding Agreement to form and determined it to be acceptable.

 

Funding Source/Financial Impact:

$213,710 allocated from General Ledger #6535 - A.-G.U.I.D.E. Funding DBCLT.

 

Overall need within the Community Redevelopment Area from Delray Beach CRA Redevelopment Plan:

Removal of Slum and Blight

Land Use

Economic Development

Affordable Housing

Downtown Housing

Infrastructure

Recreation and Cultural Facilities