DISCUSSION ITEM
SPONSOR: Jeannie Rhoden, ERB Chairperson
TITLE:
title
UPDATE ON RESIDENTIAL PROPERTY IMPROVEMENT PROGRAM
end
body
SUMMARY:
The Community Redevelopment Agency (CRA) approved the CRA Residential Property Improvement Program (RPIP) for administration within targeted segments of the designated redevelopment areas. Implementation of residential property improvement programs is identified as a key redevelopment strategy within each of the City of Pensacola’s adopted community redevelopment plans. Principle program goals include blight removal and resident retention through preservation of existing affordable housing stock.
The CRA further approved an agreement with the West Florida Regional Planning Council (WFRPC) for administration of the property improvement program. Since approval, CRA staff has been working closely with the WFRPC to implement the program. Due to the age and condition of the existing housing stock, it has been identified that increased funding is warranted to adequately stabilize homes located within the program’s priority boundaries.
To maximize the opportunity for preservation of existing affordable housing stock, revisions to the RPIP guidelines were brought forward to the CRA during its December 9, 2019 meeting to increase the maximum award amount for owner occupied properties. A copy of the revised guidelines are attached.
STAFF CONTACT:
M. Helen Gibson, AICP, CRA Administrator
Victoria D’Angelo, Assistant CRA Administrator
ATTACHMENTS:
1) Residential Property Improvement Program Guidelines - Ver. 12.09.19
PRESENTATION: No
end