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The Strategic Investment Streetscape Program benefits are contingent on funding availability and CRA approval, and are not to be construed as an entitlement or right of a property owner or applicant. Properties in the CRA areas are not eligible for City/CRA funded programs when such funding conflicts with the goals expressed in the CRA Strategic Finance Action Plan or Community Redevelopment Plan.
Property to be improved must be free of all municipal and county liens, judgments or government encumbrances of any kind. This provision can be waived by the CRA Board of Commissioners if development plans for said property meet the goals and objectives as set forth in the CRA Strategic Finance Action Plan or CRA Plan. Upon grant approval, said property must remain free of all municipal and county liens, judgments or government encumbrances of any kind under the term of the agreement.
For Projects up to $5,000,000
The City of North Miami Beach Community Redevelopment Agency (CRA) will collaborate with private sector businesses, property owners, developers, institutions or civic organizations to expand the investment opportunities that implement the CRA Strategic Finance Action Plan. The intent of this CRA program is to encourage the continued redevelopment of the area with an emphasis on intensifying the residential density, providing supporting commercial uses and creating an identifiable, cohesive neighborhood. The area’s current mix of building types and vacant properties lends itself to a variety of new and/or adaptive reuse opportunities that can form the basis for an exciting mixed-use neighborhood. Considered the nascent mixed-use and entertainment district of the City, a ready market exists for quality residential, retail, and cultural offerings.
The Strategic Investment Streetscape Program is designed to work in concert with proposed public infrastructure upgrades to create a higher quality environment, enhance resident/property owner involvement and develop a sense of community. It should also assist in determining urban design standards that are compatible with the mix of land uses allowed under current or proposed zoning.
The intent of the program is to strategically start in an area where investment is already being made, thereby building on the critical mass necessary to have an economic, visual and social impact. The CRA target area is on NE 19th Avenue, North of the Canal, and South of the Canal in the CRA District. The program will initially be in effect for a specified amount of time, but may be extended as budget and success warrants. Please be advised that non-profit organizations and tax-exempt properties are not eligible for incentive programs.
The intent of the SISP is to:
All development projects and renovation projects that are less than $5,000,000 in total estimated costs are eligible to solicit streetscape-matching funds up to a maximum contribution of $35,000 per folio number based on the following criteria:
Disbursements of the Grant proceeds may be made on a reimbursement basis or paid directly to the Service Provider, in accordance with the Scope of Services attached to application and provided applicant first approves of payment to Service Provider. 4
Should an applicant choose to engage the services of an agent (individual or company) to assist/represent applicant in this aspect of the process, the expenses for the agent’s service will be borne by the applicant. Such expenses are not reimbursable under the terms of any of the CRA’s incentive programs. CRA funds cannot be applied to services other than architecture, engineering, etc. related to the construction of the interior or exterior of the building.
The Strategic Investment Streetscape Program benefits are contingent on funding availability and CRA approval, and are not to be construed as an entitlement or right of a property owner or applicant. Properties in the CRA areas are not eligible for CRA funded programs when such funding conflicts with the goals expressed in the CRA Strategic Finance Action Plan or Community Redevelopment Plan. Work must commence within 12 months after application approval. If work has not begun within 12 months, funds will be reprogrammed. Improvements must be completed 60 days prior to the end of the 24-month term of the Grant Agreement.
I have read completely and understand the program, including the application guidelines and grant reimbursement process.
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