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File #: 18-0680 CRA    Version: 1 Name:
Type: CRA Board Action Status: Agenda Ready
File created: 10/19/2020 In control: Community Redevelopment Agency
On agenda: 10/27/2020 Final action:
Title: MODIFICATIONS TO SITE DEVELOPMENT ASSISTANCE PROGRAM GUIDELINES
Attachments: 1. Agenda Cover Report, 2. Exhibit A - Guidelines - Redline, 3. Exhibit B - Guidelines - Clean
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TO:                                           CRA Board of Commissioners

FROM:                       Alexina Jeannite, Grant Manager

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

DATE:                      October 27, 2020

 

Title

MODIFICATIONS TO SITE DEVELOPMENT ASSISTANCE PROGRAM GUIDELINES

 

Body

Recommended Action:

Recommendation

Approve the modifications to the Site Development Assistance Program Guidelines.

 

Body

Background:

The Site Development Assistance Program was established to encourage business and property owners to improve their existing business sites through interior and exterior improvements and/or business expansion projects, resulting in a publicly visible improvement or the enhanced viability of business activity within the CRA District.

 

During the September 29, 2020 CRA Board Workshop, CRA staff recommended modifications to the guidelines and received consensus from the board to make the proposed changes.  The most significant updates to the Site Development Assistance guidelines include:

                     Broadening eligibility criteria to attract a variety of businesses by including Personal Service businesses such as salons and barbershops to Current Eligible Businesses 

                     Temporarily open eligibility to include Retail in sub-areas #1 & #2

                     Revising funding and award limits for Tier 1 to restrict the first $10K reimbursable at 100% to new businesses only

 

Attachments: Exhibit A - Site Development Assistance Program Guidelines (with tracked edits); Exhibit B - Site Development Assistance Program Guidelines (clean).