HomeMy WebLinkAboutCRA-R-16-0036 Cover MemoSEOPW Board of Commissioners Meeting
July 25, 2016
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Keon Hardemon Date: July 15, 2016 File: 16-00525
and Members of the CRA Board
Subject: Resolution Authorizing a Grant to Neighbors
and Neighbors Association, Inc. for the
Business Incubator and Community Work
Training Programs.
From: Clarence E. Woods, III U`t/ 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, in an amount not to exceed $150,000, to Neighbors and
Neighbors Association, Inc. ("NANA") to underwrite costs associated with the continued operation of the
Business Incubator and Development Program ("Program").
NANA is a non-profit corporation established in 1995 to assist small businesses throughout Miami -Dade County,
and has been retained by Miami -Dade County to provide technical assistance for its Mom and Pop Small
Business Grant Program and its Micro Loan Program. In recognition of NANA's success with small businesses
and job creation, the CRA has authorized grants to NANA in the past to ensure that specialized technical
assistance tailored to the needs of the Redevelopment Area are available to compliment and further the CRA's
economic development efforts.
NANA now seeks assistance from the CRA to continue the administration of the Program. The Program has
served a number of local businesses by enabling access to, among other things, technical assistance,
workshops and training, office services, assistance with identifying capital funding sources, and a business
mentoring partnership. Additionally, the Program continues to include the Community Workforce Training
Program ("CWTP"), which aims to ensure that local residents have necessary skills and certifications that will
increase their job readiness. CWTP provides employment screening, placement, and referrals of local residents
seeking to obtain gainful employment.
JUSTIFICATION:
Section 2, Goals 4 and 6, at page 11, of the Southeast Overtown/Park West Community Redevelopment
Agency Plan ("Plan") lists the "creati[on of] jobs within the community," and "improving the quality of life for
residents" as stated redevelopment goals. Section 2, Principle 6, at page 15, of the Plan further lists the
promotion of "local cultural events, institutions, and businesses," as a stated redevelopment principle. Principle
6, at page 15 also provides that in order to "address and improve the neighborhood economy and expand
economic opportunities of present and future residents and businesses[,] ... [it is necessary to] support and
enhance existing businesses and ... attract new businesses that provide needed services and economic
opportunities ..."
FUNDING:
$150,000 allocated from SEOPW Tax Increment Fund, entitled "Other Grants and Aids" Account No.
10050.920101.883000.0000.00000.