HomeMy WebLinkAboutCRA-R-14-0045 Cover MemoSEOPW Board of Commissioners Meeting
June 30, 2014
SOUTHEAST OVERTOWNIPARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Keon Hardemon
and Members of the CRA Board
Date: June 20, 2014 File: 14-00596
Subject: Resolution Authorizing Additional Grant to
People Helping People Self Reliance, Inc.
From: Clarence E. Woods, III References:
Executive Director
Enclosures: Supporting Documentation; Legislation
BACKGROUND:
The attached Resolution of the Board of Commissioners of the Southeast Overtown/Park West Community
Redevelopment Agency ("CRA") authorizes a grant of additional funds, in an amount not to exceed $200,000, to
People Helping People Self Reliance, Inc. ("Grantee") for the rehabilitation of property at 210 NW 16th Street,
Miami, Florida ("Property").
The Grantee owns a six (6) unit residential building at 210 N.W. 16th Street, Miami, Florida ("Property"), and
said units are in need of rehabilitation. The Grantee requested a grant from the CRA in order to undertake the
rehabilitation of the Property ("Project"), but had not demonstrated the Projects viability, or the Grantee's ability
to maintain the proposed improvements to the Property.
On September 30, 2013, the Board of Commissioners authorized a grant, in the amount not to exceed
$200,000.00, to the Grantee for the Project, provided that the Grantee could demonstrate the Project's viability
and Grantee's ability to maintain the proposed improvements to the Executive Director.
Since the Board's authorization of the conditional grant, the Grantee has provided CRA staff with information
supporting the Project's viability and Grantee's ability to maintain the proposed improvements. However, a
further assessment of the Property's condition reflects the need for additional funding to address repairs
necessary for the building's occupancy. As such, the Grantee has requested additional funding.
JUSTIFICATION:
Section 2, Goal 3, at page 11 of the 2009 Southeast OvertowntPark West Community Redevelopment Plan
("Plan") lists "creati[on of] infill housing, diversity in housing types, and retaining affordable housing," as a stated
redevelopment goal. Section 2, Principle 2, at page 14, of the Plan provides that "[t]he neighborhood ... retain
access to affordable housing ...."
FUNDING:
$200,000 from SEOPW Tax Increment Fund, entitled "Other Grants and Aids," Account Code No.
10050. 920101.883000.0000.000 00.