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File #: 18-1194 CRA    Version: 1 Name:
Type: CRA Discussion Status: Agenda Ready
File created: 9/15/2022 In control: Community Redevelopment Agency
On agenda: 9/29/2022 Final action:
Title: CRA FUNDING ASSISTANCE UPDATE
Attachments: 1. Agenda Cover Report
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TO:                                           CRA Board of Commissioners

FROM:                       Alexina Jeannite, Community Engagement Director

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

DATE:                      September 29, 2022

 

Title

CRA FUNDING ASSISTANCE UPDATE

 

Body

Recommended Action:

Recommendation

Discussion on CRA Business Funding Assistance Programs.

 

Body

Background:

At the September 1, 2022 CRA Board Meeting, the Board instructed staff to look into implementing a needs-based element to the CRA’s Business Funding Assistance Programs.  This is an item to discuss a strategy to move forward with this direction.

 

Current Programs:

Ø                     Project Consultancy & Design Services Program

Ø                     Site Development Assistance Program

Ø                     Paint-Up & Signage Program

Ø                     Rent Subsidy Program

Ø                     Historic Façade Improvement Program

Ø                     Development Infrastructure Assistance Program

Ø                     Land Value Investment Program

Ø                     Job Creation Bonus Program

 

Click the Link Below to View all Program Guidelines and Application:

<https://delraycra.org/funding-assistance/>

 

CRA Attorney Review:

N/A

 

Finance Review:

N/A

 

Funding Source/Financial Impact:

N/A

 

 

 

 

 

 

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