The request is for the City Council to conduct a second public hearing related to the city’s plan to apply to Florida Commerce for a FFY 2023-2024 Small Cities Community Development Block Grant (CDBG) in the amount of $2,000,000 to support the Housing Rehabilitation program.

As I am sure you will recall, a public hearing was conducted at your meeting on May 6, 2025, to consider potential uses of future CDBG funds. At the conclusion of the public hearing, it was the consensus of Council that the grant should be used to support housing rehabilitation program efforts if the city’s application for funding was successful. In that respect it is estimated that a minimum of twenty-one (21) homes in the city that do not meet current code standards will be rehabilitated or replaced. The proposed budget associated with the grant is as follows:

Housing Rehabilitation

Housing Improvements                      $1,710,000.00

Temporary Relocation                               40,000.00

Administration                                        300,000.00

                                                           $2,050,000.00 

As part of the city’s application, I am recommending that $50,000 of leverage funding be appropriated in Community Redevelopment Agency (CRA) funds to gain additional credit in the competitive ranking system.