CRA Medium and Large Grant Program PRE-APPLICATION

This is a Pre-Application. The City of Tallahassee Community Redevelopment Agency (CRA) Medium and Large Grant Program provides CRA grant funds, matched by private investment for improvements and/or redevelopment of structures and properties located within one of the boundaries of the CRA, either the Greater Frenchtown Southside (GFS) Redevelopment Area or the Downtown (DT) Community Redevelopment Area. A Medium Grant Program Project is a project that request between $50,001 up to $250,000 in CRA financial assistance. A Large Grant Program Project is a project that request more than $250,000. Projects may include residential and non-residential uses including community service land uses. Land acquisition costs are excluded as part of the financial assistance request.

Both For-Profit and Not-For-Profit organizations are eligible to apply. Project must be consistent with Chapter 163 Part III, Florida Statuses, in order to be Approved or Approved with Conditions. For-Profit projects primary funding determination will focus on Return on Investment (ROI) while Not-For-Profit funding will focus on community needs.

Purpose

Purpose

The purpose of the Medium and Large Grant Program is to provide funding of mid-sized residential or nonresidential projects that are consistent with the CRA GFS Redevelopment Plan Goals and Objectives. This includes improvements to structures, properties, infrastructure, community needs and etc. within the District. Thereby reducing blighting influences, improving the area’s physical characteristics, enhancing the visual quality and attractiveness of the environment, improving quality of life and meeting a community need.

Please ensure you have uploaded all required supporting documentation to your application submission. If you need assistance or have any questions please contact the City of Tallahassee Community Redevelopment Agency (CRA) at 850-891-8357 or by e-mail at CRA@talgov.com.

Eligibility Requirements

Eligibility Criteria and Requirements

In order to qualify for grant assistance from the CRA, the following must be satisfied:

Property must be within one of the boundaries of the CRA, either GFS or DT. If you are uncertain if a property is located within the boundaries of the Community Redevelopment Area, please see Talgov.com/CRA or e-mail CRA@talgov.com or contact the CRA staff 850-891-8357;
The property must be a commercial use as defined in the Tallahassee Land Development Code;
The project must be consistent with Chapter 163, Part III, Florida Statutes and consistent with the applicable CRA District Community Redevelopment Plan, either the Greater Frenchtown Southside Redevelopment Plan or the Downtown Redevelopment Plan;
Property must be free from any judgments, liens, code violations and all mortgage and tax obligations must be current prior to execution of agreement/development order;
Both for-profit and not-for-profit organizations are eligible to apply for Medium and Large Grant funding. The primary evaluation focus may vary between for profit projects and not-for-profit projects. For profit projects will focus on the financial return to the CRA (Internal Rate of Return, Return on Investments, etc.) and not-for-profit projects will focus on how the project meets a community need (community health, affordable housing, stabilizing an area, etc.). Both for-profit and not-for-profit funding request must be consistent with the applicable Redevelopment Plan; and
Applications must be submitted electronically. Paper applications will not be accepted.  Staff can assist with application submittals.

Pre-Application

* Parcel ID Number:

* Grant Property Address:

* CRA District

Greater Frenchtown Southside

Downtown

Applicant Information

* Applicant Name:

* Applicant Title (Property Owner, President, Business Partner or etc.):

* List all partners, board members, officers, principles or etc. of the Applicant:

* Applicant Business Name:

* Applicant Phone Number:

Applicant Fax Number:

* Applicant Email Address:

Mailing Address

* Applicant Current Business Mailing Address:

* City:

* State:

* Zip Code:

Street Address

Applicant Current Business Street Address (if different than mailing address):

Business Info

* Business Type (i.e. Affordable Housing, Mixed-Use, Restaurant/Retail, etc.):

* Number of Years in Business:

Employer Identification Number:

* Are you the current property owner?

Yes

If No, please complete “Property Owner Information and attach signed Property Owner(s) Authorization Form below”

Property Owner Information (if different from applicant)

Property Owner Name:

Property Owner Phone Number:

Property Owner Fax Number:

Property Owner Email Address:

Property Owner Current Business Mailing Address:

City:

State:

Zip Code:

Property Owner Current Business Street Address (if different than mailing address):

UPLOAD: Property Owner(s) Authorization Form

Download and print the form from the link above, have the property owner(s) sign and then upload that document here (.PDF, .JPG, .PNG)

* Description of prior experience of the development team, including references and a list of recent projects:

Narrative describing the project, including projected project timelines:

Narrative detailing funding approach and documentation of funding commitments (loans, letters of commitment, etc.) necessary to fully fund the project. Include documentation demonstrating the financial gap for which the developer is requesting CRA assistance. Medium Project applicants are expected to have a minimum of 75% investment in the overall project cost and Large Project applicants a higher investment than 75%.:

Narrative that describes how the project will address the priorities of the GFS or DT Redevelopment Plan. This narrative shall identify the community benefits resulting from the project and include how Minority, Women, Small, Business Enterprise (MWSBE) businesses and firms will be included prior to, during and after construction/redevelopment.:

Narrative describing how the applicant has informed the impacted property owners of the proposed project, documentation of issues identified by the community engagement efforts, and project commitments made as a result of community input. :

Uploads (.PDF, .JPG, .PNG)
* Upload #1: Location map for the project

Upload #2: A minimum five-year project pro forma documenting development expenses and post development revenues. Include a post construction appraisal (also known as an appraisal subject completion based on hypothetical conditions) from a licensed Florida real estate appraiser. The post construction appraisal is not required for not-for-profit projects.

Upload #3: Project plans and renderings and any other relevant materials that adequately convey the physical improvements proposed to be made.

* Upload #4: Color photographs of the site and/or existing building. Show all sides.

Please read the following and sign below. By signing below, I attest that I am an authorized signer for the organization/property/redevelopment project. The information contained in this application is accurate to the best of my knowledge. Applicants understand that personal, business and/or property information may be requested pursuant to this application and hereby give their consent for such information to be provided. The CRA retains the sole decision as to whether this grant application is approved, denied or approved with conditions.

* Signature (click "Save Signature" when done signing)

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