Community Development Block

Grant Program

Overview

• $750,000 Housing Rehabilitation Grant

• Housing Rehabilitation Program– Home-owner occupied rehabilitation

and/or demolition/reconstruction– Older homes (30+), where home is

deteriorating and homeowner has no funds/ability to repair (i.e. seniors or disabled persons on social security)

– Benefits homeowner, neighborhood, and contractors

Key Points

• Grant Budget– $617,500 Housing Rehab (Estimated 10

Homes)– $20,000 Temporary Relocation– $112,500 Grant Administration

• Beneficiaries– Meet Income Limits– Owner Occupied– Clear Title, Insurance, Qualified Unit

• Long-term Affordability– Secured through Soft-Second Mortgage

• Bidding and Contractors– Local Recruitment, Fair and Open Process

Item #3 – Grant Agreement

• Federally-Funded Sub-Grant Agreement with State of Florida, Florida Department of Community Affairs

• Two Year Term to Carryout Program• Outlines Numerous Federal/State

Regulations• Includes Grant Budget• Work Plan for Program

Item #4 – Grant Consultant

• On November 2, 2011, City Council approved continuing services contract with Guardian

• Guardian completed Grant Application at No-Cost

• Cost of Work Order through Grant Funds– Grant Administration Budget $112,500

• Guardian Work Order $84,000• Flagler County MOA $15,000• Other Administration $13,500

Item #5 – CDBG Purchasing Policy

• State requires CDBG Purchasing Policy be Adopted by City Council

Recommendation

• Consistent with City Council Goals focusing on Neighborhoods

• Prosperity 2021 – Keep Palm Coast Beautiful & Encourage Homeownership and Reinvestment

• Staff recommend approval of all three (3) items.