ACTION ITEM
SPONSOR: Teniade Broughton, Chairperson
SUBJECT:
title
APPROVAL OF RESIDENTIAL PROPERTY IMPROVEMENT PROGRAM POLICY
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RECOMMENDATION:
recommendation
That the Community Redevelopment Agency approve the Residential Property Improvement Program policy.
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body
SUMMARY:
The Community Redevelopment Agency approved the CRA Residential Property Improvement Program (RPIP) for administration within the City’s designated redevelopment areas. Implementation of a residential property improvement program is identified as a key redevelopment strategy within each of the City of Pensacola’s adopted community redevelopment plans. Since the program was first approved in 2018, staff has been monitoring implementation and is recommending several revisions. These revisions include:
• Permitting expansion of target area boundaries.
• Creating project categories for moderate rehabilitation, major rehabilitation and substantial rehabilitation projects.
• Establishing affordability periods based on project category.
• Increasing funding limits for rental property, particularly for low to moderate income landlords when the property will be used for affordable housing.
• Clarifying program procedures and terms.
PRIOR ACTION:
January 8, 2018 - The CRA approved the Residential Property Improvement Program.
September 10, 2018 - The CRA approved revisions to the Residential Property Improvement Program.
March 3, 2019 - The CRA approved revisions to the Residential Property Improvement Program.
FUNDING:
N/A
FINANCIAL IMPACT:
None
LEGAL REVIEW ONLY BY CITY ATTORNEY: Yes
2/28/2022
STAFF CONTACT:
David Forte, Deputy City Administrator - Community Development
Sherry Morris, AICP, Development Services Director
M. Helen Gibson, AICP, CRA Manager
Victoria D’Angelo, Assistant CRA Manager
ATTACHMENTS:
1) Residential Property Improvement Program Policy
2) Residential Property Improvement Program Guidelines
PRESENTATION: No end