TO: CRA Board of Commissioners
FROM: Lori Hayward, Finance and Operations Director
THROUGH: Renée A. Jadusingh, Esq., Executive Director
DATE: January 25, 2022
Title
CRA FINANCIAL REPORT - OCTOBER 2021
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Recommended Action:
Recommendation
Receive and File.
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Background:
Attached are the October 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 October:
1. Downtown-DB-Master Plan- Transportation (G/L #5230) - A payment of $33,463 was made to Freebee for the point-to-point transportation services.
2. Redevelopment Sites- Support for Affordable Housing Development Initiatives (G/L #6512) - Two subsidies totaling $89,300 were awarded to two families that purchased Corey Jones Isle single family homes.
3. Community Resource Enhancement-A-Guide Funding (G/L #7376) - An A-GUIDE payment of $26,500 was made to Spady Museum (EPOCH).
Attachment(s): Exhibit A - October 2021 Financial Statements