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CRA grants staff wins waiver for Hargett LLC after applicant delayed exterior submission to benefit from policy changes
Summary
Staff had advised Hargett LLC to delay submitting an exterior grant to capture forthcoming legacy‑credit changes; because the policy update was delayed, the applicant faced a tenant occupancy delay. The CRA board approved a staff‑requested waiver permitting exterior work to proceed and still be eligible for the grant.
CRA staff asked the board to waive the rule that grant approval must precede commencement of exterior work for Hargett LLC, a local small business rehabilitating a fire‑damaged building at 2409 Lake Avenue.
Dee Reid explained staff had previously advised the applicant to delay submitting the exterior grant so the developer could benefit…
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