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North Miami CRA advisory committee approves major revisions to commercial grant guidelines
Summary
The North Miami Community Redevelopment Agency (NMCRA) advisory committee approved a suite of changes to commercial grant programs, including renaming the beautification grant, raising award caps, requiring longer maintenance periods and adding milestone-based reimbursements and capital verification requirements.
The North Miami Community Redevelopment Agency advisory committee on Monday approved revisions to the CRA’s commercial grant guidelines that reshape how façade, business attraction, commercial rehabilitation and capacity-building grants will be structured and delivered.
The changes, presented by CRA staff member Annabelle, would rename the “beautification” program the Facade Grant Program, raise its single-project funding cap from $25,000 to $30,000, and extend the required maintenance agreement from three years to five years. The committee also approved a proposal to limit façade funding to street-facing businesses and to create a preapproved contractor pool for small-business grantees.
“We are proposing to rename the beautification program to Facade Grant Program to…
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