1. Community Development Block Grant Program

2. Overview $750,000 Housing Rehabilitation Grant Housing Rehabilitation Program –Home-owner occupied rehabilitation and/or demolition/reconstruction –Older homes (30+), where home is deteriorating and homeowner has no funds/ability to repair (i.e. seniors or disabled persons on social security) –Benefits homeowner, neighborhood, and contractors

3. Key Points Grant Budget –$617,500 Housing Rehab (Estimated 10 Homes) –$20,000 Temporary Relocation –$112,500 Grant Administration Beneficiaries –Meet Income Limits –Owner Occupied –Clear Title, Insurance, Qualified Unit Long-term Affordability –Secured through Soft-Second Mortgage Bidding and Contractors –Local Recruitment, Fair and Open Process

4. Item #3 – Grant Agreement Federally-Funded Sub-Grant Agreement with State of Florida, Florida Department of Community Affairs Two Year Term to Carryout Program Outlines Numerous Federal/State Regulations Includes Grant Budget Work Plan for Program

5. Item #4 – Grant Consultant On November 2, 2011, City Council approved continuing services contract with Guardian Guardian completed Grant Application at No-Cost Cost of Work Order through Grant Funds –Grant Administration Budget $112,500 Guardian Work Order $84,000 Flagler County MOA $15,000 Other Administration $13,500

6. Item #5 – CDBG Purchasing Policy State requires CDBG Purchasing Policy be Adopted by City Council

7. Recommendation Consistent with City Council Goals focusing on Neighborhoods Prosperity 2021 – Keep Palm Coast Beautiful & Encourage Homeownership and Reinvestment Staff recommend approval of all three (3) items.