CC MEETING: May 26, 2020
DATE: May 19, 2020
TO: Erin Rinehart, City Manager
FROM: Cory Heiple, Environmental Services Director
Marc Guy, Assistant City Manager
Title
Consider A Resolution Authorizing The City Manager To Enter Into A Single-Family Rehabilitation Grant Incentive Agreement On An Eligible Property Located Within A Neighborhood Empowerment Zone, In A Total Grant Amount Not To Exceed $1,375.00.
Body
BACKGROUND:
In April of 2018, City Council adopted the revised Single-Family Rehabilitation Grant Incentive policy. This program provides monetary grants of up to 25% of certain exterior repair expenses for eligible properties located in a Neighborhood Empowerment Zone. This program has been marketed throughout the qualifying zones with special outreach focused on NOTICE neighborhoods.
The Belaire Heights NOTICE project is currently proceeding with street replacements within the neighborhood. During this replacement, residents benefited by the NOTICE project repairs are offered driveway replacement coinciding with the street replacement and are eligible for a Single-Family Rehabilitation grant. Ms. Bevier has applied for an incentive grant for the replacement of her driveway and the installation of landscaping in the front yard. The property meets the eligibility requirements of the incentive grant program and was unanimously approved by the Re-Development Sub-Committee.
FINANCIAL IMPLICATIONS:
These rehabilitation incentives are funded through the Neighborhood Partnership Fund. Since April of 2018, when the program incentive was increased to 25%, a total of 72 projects have been approved by City Council, representing $665,660 in private investment and $166,415 in public incentives.
IMPACT ON COMMUNITY SUSTAINABILITY:
The rehabilitation incentives offer significant tools to prevent blight in Carrollton's older neighborhoods. Revitalizing affordable housing is a key component of the rehabilitation grant program and City Council's community sustai...
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