Title
CRA Project Summary April 2018 (NB)
Explanation
As a regular informational item on CRA agendas, Staff provides a brief update on selected referrals, redevelopment projects and development agreements under review. This monthly update is typically a limited sampling of the CRA’s many on-going projects, as opposed to a complete list.
CRA Wide
Economic Development - Project Manager, Jessica Leonard - Last year the Board approved revised Company Relocation and Job Creation Incentive programs. Staff will continue to develop additional economic development programs that support the CRA’s initiatives within the four (4) districts. We currently have two (2) Relocation and Job Creation Initiatives in Eastside and College Park/University Heights underway and have one (1) application pending completion for Eastside.
Façade Grant, Project Manager, Jessica Leonard - The Façade Grant program is a competitive matching grant program that is designed to encourage reinvestment in building facades, specifically those located on highly visible target corridors within each district. Staff is pleased to announce our interactive CRA District Wide Map has afforded the opportunity and empowered multiple area stakeholders to verify eligibility by visually showing address verification.
Staff is proud to announce that we have reached our maximum of allowed façade grant awarded milestone of the program for both CPUH and FAPS until additional funding is budgeted for FY19 with five (5) grant reimbursements pending project competition in FY18 in these two districts. Staff would like to credit the success of this program to prior façade grant awardees and overall awareness in each district as a continued effort is placed in concentrated outreach a...
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