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File #: 18-0933 CRA    Version: 1 Name:
Type: CRA Report Status: Agenda Ready
File created: 10/13/2021 In control: Community Redevelopment Agency
On agenda: 10/20/2021 Final action:
Title: CRA FINANCIAL REPORT - JULY 2021
Attachments: 1. Agenda Cover Report, 2. Exhibit A - FinStmt - July 2021 FY 20-21
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TO:                                           CRA Board of Commissioners

FROM:                       Lori Hayward, Finance and Operations Director

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

DATE:                       October 20, 2021

 

Title

CRA FINANCIAL REPORT - JULY 2021

Body

 

Recommended Action:

Recommendation

Receive and File.

 

Body

Background:

Attached are the July 2021 Financial Statements [1] Statement of Net Assets and [2] Statement of Activities with Budget vs. Actual (YTD).

 

Below are highlights of significant activities that occurred during the month of July:

 

1.                     Revenue - Single Family Home Sales (G/L #4075) - Four Corey Jones Isle single family homes were sold for a totaled $980,470.

 

2.                     Redevelopment Sites- Affordable Housing- Subsidies (G/L #6505) - A family was awarded a subsidy in the amount of $53,500 towards the purchase of a Corey Jones Isle single family home.

 

 

 

 

 

Attachment(s): Exhibit A - July 2021 Financial Statements