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Housing Rehabilitation Grant Program Overview in Palm Coast

Explore the $750,000 Housing Rehabilitation Program benefiting homeowners of older, deteriorating homes in Palm Coast. The grant assists with repairs or reconstruction for eligible individuals. Learn about the grant budget, beneficiaries, and long-term affordability.

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Housing Rehabilitation Grant Program Overview in Palm Coast

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  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.

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