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HomeMy WebLinkAboutCRA-R-21-0042 Procedure for Awarding Omni CRA 40-Year GrantsOmni C R A 40-Year Phase 2 Grant Award Criteria The Omni CRA's Board of Directors has authorized a 40-Year Assessment and Rehab Grant Program to prevent conditions giving rise to slum and blight, to preserve housing affordability, and to improve the quality of life for residents and visitors to the Redevelopment Area. It is an important tool in improving the district. All applicants must meet with the CRA and submit a Grant Application. The CRA generally will award grants on a rolling basis as funding permits. The program is in its first year. Omni CRA's 40-Year Assessment Phase 2 Grant Applications are reviewed by CRA staff and recommended to the Executive Director for award based on a set of criteria, including but not limited to neighborhood of the building, specific commercial or neighborhood corridor, ownership of the property, historical track record of the building owners, rental, long-term vision and connection to the neighborhood, ability of building to serve unmet needs of residents and stakeholders in the neighborhood, activation of underutilized spaces throughout the neighborhood, previous grants awarded to the building, projected residential improvements, and projected aesthetic or street level improvements. All grants must be approved by the Executive Director. Each project application is judged by the Executive Director on its individual merits, and how it fits into the CRA's dynamic vision for improvement of the neighborhood. All grantees must comply with insurance and procurement requirements set forward in the application. Improvements will be inspected by the CRA. Name of Owner: Date of Application: Executive Director's Notes: I do hereby approve this business as a grant awardee. Jason Walker, Date Executive Director, Omni CRA Omni Community Redevelopment Agency 1401 N. Miami Ave. Miami, FL 33136 • www.omnicra.com • 305.679.6868