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HomeMy WebLinkAboutAttachment A"Attachment A" District 2 Economic Development Activities r Sources of Allocation Amount Recommended Services Provided Amount Redistribution of funds to Agencies/Program District 2 •- Economic Development Reserve (FY 2006-2007) $314,000.00 Rafael Hernandez Housing & Economic Development Corp. Commercial Facade Program $50,000.00 District 2 — Economic Development Reserve (FY 2007-2008) $574,00.00 Department of Community Development Funds to be utilized for hard costs associated with the Commercial Facade Program $201,000.00 Downtown Miami Partnership, Inc. Technical Assistance to for profit business $100,000.00 Urban Empowerment Corporation Technical Assistance to for profit business $167,000.00 Kidco Childcare Inc. Public Facilities and Improvement $300,000.00 Bakehouse Art Complex Inc. Public Facilities and Improvements $40,000.00 Unique Design Boutique, Inc. Micro Enterprise $10,000.00 Margie's Place Inc. Micro Enterprise $10,000.00 West Grove Food Zone Micro Enterprise $10,000.00 Total: $888,000.00 Total: $888,000.00 tZlm )(Ai . '• 93TA1iBiTUT1ONTO F. 41/4) It th,s%) � a . ... y _ .SEEN AT END LJOCUMFNT •. -•- �-r "Attachment A" District 2 Economic Development Activities Sources o Allocation Amount Recommended Services Provided Amount t Redistribution of funds to Agencies/Program District 2 — Econo c Development Reserve (FY 2006-2 7) `` $314,000.00 Rafael Hernandez Housing & Economic Development Corp. Commercial Facade Program $50,000.00 District 2 — Economic Development Reserve (FY 2007-2008) \ $574,00.00 Department of Community Development Funds to be utilized for hard costs associated with the Commercial Facade Program $201,000.00 Downtown Miami Partnership, Inc. Technical Assistance to for profit business $100,000.00 Urban Empowerment Corporation Technical Assistance to for profit business $167,000.00 Kidco Childcare Inc. Acquisition $300,000.00 Bakehouse Art Complex Inc. Public Facilities and Improvements a $40,000.00 Unique Design Boutique, Inc. Micro Enterprise $10,000.00 Margie's Place ;no. Micro Enterprise $10,000.00 West Grove Food Zone Micro Enterprise $10,000.00 Total: $888,000.00 Total: $888,000.00 1--1� 111 District 33rd Program Year CDBG Economic Development Funding J _ � Score Score Agency Name _ District! 1^ 7° i Recommendation } �����w�� -_' -' ---'----' 4' Rafael Hernandez — Houx|ng&Economic 2 } 10O | 101 n~-__^___ ! ' ' D � e*C _eve pm mo,_ Downtown Miami To�($251�0O($5O.0OO»oK Technical Assistance - FNade Program. ' ^^ --- -- Technical Assistance to for profit business Urban Empowerment ^ ""~zlu '--... _ echnical Assistance to for profit business Corporation i Bakehouse Art Complex Inc Micro ��n—,_- ` �I- 2 2 ' West Grove Food Zone' 2 | Recommended ' { � Maximum possible scare is 115 points 77 77 s3oo,bob (up to 55% of the cost ./.v.. ,.,...".. ~.^,.~"~.. .°`'"""�.. / mortgage, 15>"restriction un ! | � sale) '------Acquistion 81 80 %40.000 _ !Public Facilities and Improvements Unique Design , Boutique, Inc ^ Recommended M argie'sP|ace 2 | Recommended ^ Micro -Enterprise - Micro- E n terprise� Micro -Enterprise --_---� — --