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HomeMy WebLinkAboutDistrict 2District 2 33rd Program Year CDBG Economic Development Funding Score Score (Agency NameDistrictDistrict 1 1* I 2* Recommendation I Activity Rafael Hernandez -' Housing 8 Economic 2 100 I lot Total $251,000 ($50,000 soft Development Corp cost & $201,000 for hard costs) ITechnical Assistance - FaFade Program. . Downtavm Miami Partnership, Inc 2 97 ( 93 $100.000 (Technical Assistance to for profit business Urban Empowerment -- Corporation 86 go $167,000 ITechnicat Assistance to for profit business -- 1 --- ----- $300,000 (up to 55 / of the cost Kidco Childcare Inc 2.i 77 77 of acquistion, 15t position mortgage, 15 yr restriction on sale) - IAcquistion �.. Bakehouse Art Complex Inc. 2 81 80 $40,000 _ IPubtic Facilities and Improvements Micro Enterprise Unique Design Boutique, Inc z- 1 Recommended -- $10,000 ---- -- Micro -Enterprise fvlargre's Place 2 _ Recommended -— $10,666 _ Micro Enterprise _ West Grove Food Lone. 2 I Recommended $10,000 Micro -Enterprise I r Maximum possible score is 115 points "Attachment A" District 2 Economic Development Activities Sources of Allocation Amount Recommended Services Provided Amount Redistribution of fund o Agencies/Program District 2 •- Economic Deveicpment $314,000.00 Rafael Hernandez Commercial Facade $50,000.00 Reserve (FY 2006-2007) Housing & Program I I Economic Development Corp. District 2 — Economic Development $574,00.00 Department of Funds to be utilized for hard $201,000.00 Reserve (FY 2007-2008) Community costs associated with the Development Commercial FaOde Program Downtown Miami Technical Assistance to for $100,000.00 i Partnership, Inc. profit business Urban Technical Assistance to for $167,000.00 Empowerment profit business Corporation Kidco Childcare Inc. Public Facilities and $300,000.00 I Improvement Bakehouse Art Public Facilities and $40,000.00 Complex Inc. Improvements Unique Design Micro Enterprise $10,000.00 Boutique, Inc. Margie's Place Inc. Micro Enterprise $10,000.00 West Grove Food Micro Enterprise $10,000.00 Zone Total: $888,000.00 Total: $888,000.00 K kln il Orl - )Wl •"d w�+" t C T •k. y '�c..ri•" moo. �� .' ...�' a 6 n, L fNL CAl DOCUMEN V Vi v "Attachment A" District 2 Economic Development Activities Sources 61 Allocation Amount Recommended Services Provided Amount Redistribution of I funds to Agencies/Program District 2 — EconorNc Development $314,000.00 Rafael Hernandez Commercial Facade $50,000.00 Reserve (FY 2006-2 07) Housing & Program Economic Development Corp. District 2 — Economic De lopment $574,00.00 Department of Funds to be utilized for hard $201,000.00 Reserve (FY 2007.2008) \ Community costs associated with the Development Commercial Farrade Program Downtown Miami Technical Assistance to for $100,000.00 Partnership, Inc. profit business Urban Technical Assistance to for $167,000.00 Empowerment profit business Corporation Kidco Childcare Inc. Acquisition $300,000.00 Bakehouse Art Public Facilities and $40,000.00 Complex Inc. Improvements Unique Design Micro Enterprise $10,000.00 Boutique, Inc. Margie's Place Inc. Micro Enterprise $10,000.00 West Grove Food Micro Enterprise $10,000.00 Zone Total: $888,000.00 N Total: $888,000,00