City Hall
City of Racine
730 Washington Ave.
Racine, WI 53403
Meeting Agenda - Final
Community Development Block Grant Advisory Board
Monday, June 8, 2026
4:30 PM
City Hall, Room 303
Call To Order
Approval of Minutes for the May 11, 2026 Meeting.
Subject: Communication sponsored by Mayor Mason authorizing contract
acceptance and execution for Terra Venture Advisors LLC relocation
Services for the 1644 Packard Avenue Project.
Fiscal Note: There are sufficient CDBG Funds to facilitate the relocation
case management services via Terra Venture Advisors LLC.
Recommended Action: Staff recommend that the CDBG Advisory Board
approve an additional $15,000 to Terra Venture Advisors LLC for
relocation case management activities at the 1644 Packard Avenue
Rehab Project.
Attachments:
It is intended that the Community Development Block Grant Advisory Board will meet in closed session
pursuant to Wisconsin Statutes Sec. 19.85 (1)(f), regarding consideration of financial or personal
histories of specific persons, which, if discussed in public, would be likely to have a substantial adverse
effect upon the reputation of any person referred to in such histories or data.
CLOSED SESSION
Subject: Communication sponsored by Mayor Mason, to allocate HOME
funds for new construction at 1561 Holmes Avenue and a forgivable
homeowner rehabilitation loan at 1308 Franklin Street.
Fiscal Note: The proposed allocation consists of up to $359,263 in HOME
funds for new construction activities at 1561 Holmes Avenue and up to
$290,000 in HOME funds for rehabilitation activities at 1308 Franklin
Street. Funding will be provided through available HOME Investment
Partnerships Program funds.
Recommended Action: That the CDBG Advisory Board recommend
approval of an allocation of up to $359,263 in HOME funds for new
construction at 1561 Holmes Avenue and up to $290,000 in HOME funds
for rehabilitation activities at 1308 Franklin Street, and authorize staff to
prepare bid specifications and solicit bids as necessary to complete the
