TO: CRA Board of Commissioners
FROM: Lori Hayward, Finance & Operations Director
THROUGH: Jeff Costello, CRA Executive Director
DATE: June 11, 2019
Title
DELRAY BEACH COMMUNITY LAND TRUST 2ND Quarter FY 2018-19 A-Guide Report
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Recommended Action:
Recommendation
Receive and file.
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Background:
The CRA awarded the DBCLT a $261,550 A-GUIDE grant and approved a FY 2018-2019 funding agreement on September 11, 2018. The amount represents 30% of the DBCLT’s $865,900 annual budget. The A-GUIDE grant focuses on affordable housing and was awarded for Sustainable Homeownership Services & Rental Housing. Below are highlights from the DBCLT’s 2nd Quarter FY 2018-19 A-GUIDE Report ending March 31, 2019.
Overall, the outputs and outcomes are on target to meet annual goals. However, the following output fell below quarterly goals but are anticipated to increase during the upcoming quarters:
• New Acquisitions (0%)
The following outputs surpassed annual expectations:
• Landlord license renewals processed (117%)
• Community event participation (175%)
The following outcome surpassed annual expectations:
• Expand homeownership pipeline (140%)
Please review the attached worksheet for the progress (in percentages) of all outputs and outcomes which includes narrative response to all outputs and outcomes.
Attachment: Exhibit A - DBCLT 2Q FY 2018-19 A-GUIDE report
CRA Attorney Review:
N/A
Finance Review:
N/A
Funding Source/Financial Impact:
CRA G/L #: 7376 A-GUIDE Funding
Timing of Request:
N/A