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0377-25
| A | | 2024 CAPER | Communication | Subject: Communication from the Director of City Development, to receive and file the FY 2024 Consolidated Annual Performance and Evaluation Report (CAPER).
Staff Recommendation: Motion to receive and file the FY 2024 CAPER. Additionally, a presentation summarizing the report's key findings and outcomes will be delivered during the meeting. No further action is required
Fiscal Note: There is no budgetary impact associated with this communication. | Received and Filed | Pass |
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0373-25
| A | | RRP CHDO Certification 2025 | Communication | Subject: Communication sponsored by Mayor Mason, recommending Racine Revitalization Partnership be certified as the Housing Rehabilitation CHDO for the City of Racine.
Recommendation of the CDBG Advisory Board on 04-07-25: To approve Racine Revitalization Partnership as the Housing Rehabilitation Community Housing Development Organization (CHDO) for the 2025-2026 funding cycle.
Fiscal Note: There are sufficient HOME Funds to facilitate Racine Revitalization Partnership as the Housing Rehabilitation CHDO for the City of Racine. | Recommended For Approval | Pass |
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0374-25
| A | | HHH CHDO Certification 2025 | Communication | Subject: Communication sponsored by Mayor Mason, recommending Habitat for Humanity be certified as the New Construction CHDO for the City of Racine.
Recommendation of the CDBG Advisory Board on 04-07-25: To approve Habitat for Humanity as the New Construction Community Housing Development Organization (CHDO) for the 2025-2026 funding cycle.
Fiscal Note: There are sufficient HOME Funds to facilitate Habitat for Humanity as the New Construction CHDO for the City of Racine. | Recommended For Approval | Pass |
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0126-25
| A | | 1202 Main St. CDBG Loan | Communication | Subject: Communication sponsored by Mayor Mason, to issue a Community Development Block Grant (CDBG) home repair loan and a forgivable loan to 1202 Main Street.
Staff Recommendation: That the CDBG Advisory Board recommends approval of the CDBG Home Repair Loan and Forgivable Loan for 1202 Main Street as presented.
Fiscal Note: $8,600 is the total project cost, $4,300 is a forgivable loan, and $4,300 is a loan at 0.75% interest. There are sufficient funds in the CDBG Revolving Loan Fund. Loan payments will be paid to the CDBG revolving loan fund. | Recommended For Approval | Pass |
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0375-25
| A | | 944 Park Ave. Repair Loan | Communication | Subject: Communication sponsored by Mayor Mason, to issue a Community Development Block Grant (CDBG) home repair loan and forgivable loan to 944 Park Avenue.
Staff Recommendation: That the CDBG Advisory Board approves the CDBG Home Repair Loan for 944 Park Avenue as presented.
Fiscal Note: $50,000 is the total project cost, $10,000 is a forgivable loan, and $40,000 is a loan at 3% interest. There are sufficient funds in the CDBG Revolving Loan Fund. Loan payments will be paid to the CDBG revolving loan fund. | Recommended For Approval | Pass |
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0376-25
| A | | 2304 West Lawn Ave. Repair Loan | Communication | Subject: Communication sponsored by Mayor Mason, to issue a Community Development Block Grant (CDBG) home repair loan and forgivable loan to 2304 West Lawn Avenue.
Staff Recommendation: That the CDBG Advisory Board approves the CDBG Home Repair Loan for 2304 West Lawn Avenue as presented.
Fiscal Note:Fiscal Note: $42,450.94 is the total project cost, $21,225.47 is a forgivable loan, and $21,225.47 is a loan at 0.75% interest. There are sufficient funds in the CDBG Revolving Loan Fund. Loan payments will be paid to the CDBG revolving loan fund. | Recommended For Approval | Pass |
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