File #: 25-4545    Version: Name:
Type: Resolution Status: Passed
File created: 9/26/2025 In control: Caroline Street Corridor and Bahama Village Community Redevelopment Agency
On agenda: 11/5/2025 Final action: 11/5/2025
Title: *Recommending the Caroline Street Corridor and Bahama Village Community Redevelopment Agency (CRA) authorize $400,000.00 in TIF funding to assist twenty (20) home buyers, in the form of a grant in an amount not to exceed $20,000.00 per household to be used for down payment and closing costs assistance for home ownership at the Lofts of Bahama Village Condominiums (28 Units); Recommending the City Manager be authorized to execute any necessary documents and budget transfers/adjustments in compliance with applicable procurement requirements and upon consent of the City Attorney.
Sponsors: Brian L. Barroso
Attachments: 1. Resolution, 2. Cover Memo -(Growth Management/ Housing), 3. Program Description, 4. At Home Program 2025 Applicaion

Title

*Recommending the Caroline Street Corridor and Bahama Village Community Redevelopment Agency (CRA) authorize $400,000.00 in TIF funding to assist twenty (20) home buyers, in the form of a grant in an amount not to exceed $20,000.00 per household to be used for down payment and closing costs assistance for home ownership at the Lofts of Bahama Village Condominiums (28 Units); Recommending the City Manager be authorized to execute any necessary documents and budget transfers/adjustments in compliance with applicable procurement requirements and upon consent of the City Attorney.