CC MEETING: May 21, 2019
DATE: May 15, 2019
TO: Erin Rinehart, City Manager
FROM: Cory Heiple, Environmental Services Director
Title
Consider A Resolution Authorizing The City Manager To Enter Into Single-Family Rehabilitation Grant Incentive Agreements On Two Eligible Properties Located Within Neighborhood Empowerment Zones, In A Total Grant Amount Not To Exceed $2,452.60.
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.
Mr. and Mrs. Wilson have applied for a rehabilitation incentive grant for replacement and installation of a driveway. Mr. Weyandt applied for an incentive grant to replace his windows and repair exterior brick. Each of the properties are located in a Neighborhood Empowerment Zone and meet the eligibility requirements of the incentive grant program.
On May 7, 2019 the City Council Re-Development Sub-Committee reviewed and unanimously recommended approval of both incentive requests.
FINANCIAL IMPLICATIONS:
The rehabilitation incentives are funded through the Neighborhood Partnership Fund. Since April of 2018, when the program incentive was increased to 25%, a total of 30 projects have been approved by City Council, representing $364,051 in private investment and $91,012 in 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 sustainability objectives.
STAFF RECOMMENDATION/ACTION DESIRED:
Staff recommends City Council approval of a resolution authorizing the City Manager to enter int...
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