04/28/2025Monday, April 28, 2025
1:00 PM
City of Clearwater
Main Library - Council Chambers
100 N. Osceola Avenue
Clearwater, FL 33755
Main Library - Council Chambers
Community Redevelopment Agency
Meeting Agenda
April 28, 2025Community Redevelopment Agency Meeting Agenda
1. Call To Order
2. Approval of Minutes
2.1 Approve the minutes of the March 31, 2025 CRA meeting as submitted in
written summation by the City Clerk.
3. Citizens to be Heard Regarding Items Not on the Agenda
4. New Business Items
4.1 Present April Business Spotlight to Chiang Mai Thai and Sushi Bar.
4.2 Approve recommended changes to the North Greenwood Residential Grant
Program and authorize the appropriate officials to execute same.
4.3 Approve recommended changes to the North Greenwood Commercial Grant
Program and authorize the appropriate officials to execute same.
4.4 Approve the 2024 Annual Financial Statement.
4.5 Discuss or schedule an Executive Session for active litigation.
4.6 Downtown Revitalization.
5. Director's Report
6. Adjourn
Page 2 City of Clearwater Printed on 7/22/2025
Cover Memo
City of Clearwater Main Library - Council
Chambers
100 N. Osceola Avenue
Clearwater, FL 33755
File Number: ID#25-0074
Agenda Date: 4/28/2025 Status: PassedVersion: 1
File Type: MinutesIn Control: Community Redevelopment Agency
Agenda Number: 2.1
SUBJECT/RECOMMENDATION:
Approve the minutes of the March 31, 2025 CRA meeting as submitted in written summation by
the City Clerk.
SUMMARY:
Page 1 City of Clearwater Printed on 7/22/2025
Community Redevelopment Agency Meeting Minutes March 31, 2025
Page 1 City of Clearwater
City of Clearwater
Main Library - Council Chambers
100 N. Osceola Avenue
Clearwater, FL 33755
Meeting Minutes
Monday, March 31, 2025
1:00 PM
Main Library - Council Chambers
Community Redevelopment Agency Draft
Community Redevelopment Agency Meeting Minutes March 31, 2025
Page 2 City of Clearwater
Roll Call
Present 5 - Chair Bruce Rector, Trustee Ryan Cotton, Trustee Michael Mannino,
Trustee David Allbritton, and Trustee Lina Teixeira
Also Present: Jennifer Poirrier – City Manager, Daniel Slaughter – Assistant City Manager, David Margolis – City Attorney, Rosemarie Call – City Clerk, Nicole Sprague – Deputy City Clerk, and Jesus Niño – CRA Executive Director
To provide continuity for research, items are listed in agenda order although not
necessarily discussed in that order.
Unapproved 1. Call to Order – Chair Rector
The meeting was called to order at 1:00 p.m. 2. Approval of Minutes
2.1 Approve the minutes of the February 3, 2025 CRA meeting as submitted in written
summation by the City Clerk.
Trustee Cotton moved to approve the minutes of the February 3,
2025 CRA meeting as submitted in written summation by the City
Clerk. The motion was duly seconded and carried unanimously.
3. Citizens to be Heard Regarding Items Not on the Agenda
Jill Gibbs and Kelly Myer opposed the sale of city property to the Church
of Scientology and expressed concerns with the Church's plans for the
site. 4. New Business Items
4.1 Present March Business Spotlight to Vital Life Fitness dba RIFT Fitness.
Vital Life Fitness as the third recipient of the Business Spotlight Program.
For the past 5 ½ years, RIFT (Re-Invented Fitness Training) has been a
cornerstone of Clearwater’s fitness scene. What started in a garage has
expanded into two gym locations in downtown Clearwater, serving over 600
residents.
RIFT combines high-end fitness training with luxury wellness amenities, Draft
Community Redevelopment Agency Meeting Minutes March 31, 2025
Page 3 City of Clearwater
including saunas, cold plunges, and red-light therapy, creating a unique and
holistic fitness experience. With a dedicated team of 15 local employees, RIFT
continues to grow and strives to be the fitness hub of Clearwater.
Beyond fitness, RIFT is deeply committed to the community, sponsoring local
athletes and school teams, speaking at schools, and hosting free community
events like run clubs, plunge socials, and fitness classes. Through these
efforts, RIFT is proud to play a vital role in enhancing the health and well-being
of Clearwater’s residents while fostering a stronger, more connected
community.
STRATEGIC PRIORITY:
2.1 Strengthen public-private initiatives that attract, develop, and retain
diversified business sector.
3.1 Support neighborhood identity through services and programs that empower
community pride and belonging.
CRA Specialist Tasha Hadley provided a video presentation.
4.2 Approve payment to Duke Energy of Florida to replace overhead power lines with new
underground distribution lines and facilities on Myrtle Avenue from Cleveland St. to Court
St. in the amount of $671,431.56 and authorize appropriate officials to execute same.
This undergrounding project is in alignment with the Downtown Community
Redevelopment Area Plan, reinforcing the CRA and City’s commitment to
improving the public realm, enhancing street aesthetics, and creating a more
pedestrian-friendly urban environment. By removing the visual clutter of
overhead power lines and relocating them underground, this project will
contribute to a cleaner, more attractive streetscape, encourage private
investment, and strengthen downtown as the urban core and economic hub of
Clearwater.
Supporting the City’s new City Hall (22-0019-EN), MSB Renovation
(23-0035-EN), and PSTA’s Multimodal Transit Center, this undergrounding effort
along Myrtle Avenue from Cleveland Street to Court Street will provide long-term
benefits, including:
• Aesthetic enhancements that contribute to a more visually cohesive
downtown.
• Improved pedestrian accessibility and safety by reducing obstructions
along sidewalks.
• Increased property values and economic vitality by creating a more
inviting and walkable environment.
• Greater resiliency and reliability of the electrical grid compared to
overhead power lines. Draft
Community Redevelopment Agency Meeting Minutes March 31, 2025
Page 4 City of Clearwater
The proposed undergrounding spans approximately four blocks, with a total
cost of $671,431.56, based on Duke Energy’s February 15, 2025, binding
estimate. Public Works will present a companion item to City Council, including
the Duke Underground Conversion Agreement (UCA) and Utility
Reimbursement Agreement (URA), to facilitate the undergrounding process.
The City and PSTA will oversee restoration of the adjacent right-of-way (ROW)
and coordinate with joint users to remove private telecom lines from Duke’s
power poles once the power lines are removed.
The CRA has allocated $1 million in funds to cover the undergrounding costs,
including joint users and restoration efforts. The City and PSTA will grant Duke
easements for necessary switchgear and transformers, with underground
power lines directionally drilled in the ROW. Duke anticipates a seven-month
construction duration following permit approvals.
APPROPRIATION CODE AND AMOUNT:
Funds for this are in CRA capital project 3887552-R2005, Infrastructure-City.
STRATEGIC PRIORITY:
Investment in undergrounding of overhead power lines in the downtown core
supports all five of the strategic priorities below.
In response to questions, City Engineer Tara Kivett said the Duke Energy
invoice is a binding estimate. PSTA will pay for 25% and the City will pay
75% of the project. She said Duke wanted to deal with only one entity.
Trustee Teixeira moved to approve payment to Duke Energy of
Florida to replace overhead power lines with new underground
distribution lines and facilities on Myrtle Avenue from Cleveland St.
to Court St. in the amount of $671,431.56 and authorize appropriate
officials to execute same. The motion was duly seconded and
carried unanimously.
4.3 Approve the Property Disposition Strategy for City of Clearwater and Clearwater
Community Redevelopment Agency owned properties.
At the February 5, 2025, Strategic Planning and Implementation Meeting, the
City Manager directed a CRA-led interdepartmental team to develop a strategy
to dispose of surplus properties owned by the City and CRA. This initiative
builds on previous CRA Trustee directives to assess City and CRA property
inventories and identify opportunities for productive reuse.
Draft
Community Redevelopment Agency Meeting Minutes March 31, 2025
Page 5 City of Clearwater
The Property Disposition Strategy provides a comprehensive, structured
approach for managing and disposing of surplus properties owned by the City of
Clearwater (City) and the Community Redevelopment Agency (CRA). This
strategy is designed to be legally compliant, transparent, and aligned with the
City’s long-term vision for economic development, housing affordability, and
community revitalization.
By adhering to established legal frameworks and best practices, the strategy
ensures that surplus properties are disposed of in a manner that maximizes
community benefit, promotes economic growth, supports affordable housing,
and fosters responsible land stewardship. Additionally, it aligns with
Clearwater’s broader redevelopment goals, contributing to public infrastructure
enhancements and an improved quality of life for residents.
STRATEGIC PRIORITY:
1.2 Maintain public infrastructure, mobility systems, natural lands, environmental
resources, and historic features through systematic management efforts.
2.1 Support equitable housing programs that promote household stability and
reduce the incidence of homelessness within Clearwater.
3.2 Preserve community livability through responsible development standards,
proactive code compliance, and targeted revitalization.
3.3 Promote marketing and outreach strategies that encourage stakeholder
engagement, enhance community education, and build public trust.
In response to questions, CRA Executive Director Jesus Niño said the
first two batches of properties to be surplused will be the undevelopable
and residential sites. Staff does not believe it needs to outsource
marketing efforts at this time.
It was suggested that staff consider assigning one or two points for
projects that include a public art component.
Trustee Allbritton moved to approve the Property Disposition
Strategy for City of Clearwater and Clearwater Community
Redevelopment Agency owned properties. The motion was duly
seconded and carried unanimously.
4.4 Approve a North Greenwood Commercial Grant for Tori and Timothy Charles located at
1215 N Martin Luther King Jr. Ave, Clearwater, FL 33755 in an amount not to exceed
$74,516.91 and authorize the appropriate officials to execute same. Draft
Community Redevelopment Agency Meeting Minutes March 31, 2025
Page 6 City of Clearwater
On July 15, 2024, the CRA Trustees approved the North Greenwood
Commercial Grant program. The Commercial Grant Program is designed to
incentivize commercial property and business owners within the North
Greenwood CRA to invest in building, structural, and site improvements. By
offering grants of up to $75,000, this program aims to enhance the visual appeal
and functionality of the area, stimulate economic growth, and create a
business-friendly environment.
On January 7, 2025, CRA staff received a grant application from Timothy and
Tori Charles located at 1215 N Martin Luther King Jr. Ave, Clearwater, FL
33755. The application included improvements for:
• Repair Exterior Doors
• Exterior Painting
• Repave/Repair Parking Lot
• City of Clearwater H2O Meter - (Separate Water Meters)
• 3 Phase Electric (Separate Electric Meters)
• Fencing (Materials Only)
The total estimated project cost is $78,266.91. Based on program guidelines,
the applicant is eligible for funding up to $75,000 and must provide a 10% match
of $7,500. Up to 50% of this match may be offset through community service at
a rate of one hour per $300 of the approved grant amount.
If approved the applicant will adhere to the following performance measures:
o Improvements must be maintained for at least three years:
o Section 9 of program states that improvements funded by the
grant must be maintained in accordance with City policies,
codes, and other applicable requirements for no less than three
years.
o Proof of project completion within 365 days:
o Section 8 requires a “Finding of Project Completion” within one
year of grant approval, unless an extension is granted.
o Compliance with City code and permits:
o The applicant must obtain all required permits, pass inspections,
and address any existing violations through the proposed work.
o Use of licensed contractors:
o Unless doing work that doesn’t require a license, eligible
improvements must be done by licensed contractors with
itemized quotes and documentation.
o Annual Community Service for Match Reduction
o If the applicant is using the Community Service Credit, they are
required to complete a specific number of hours prior to
disbursement of grant funds. Draft
Community Redevelopment Agency Meeting Minutes March 31, 2025
Page 7 City of Clearwater
Staff recommends approval of a grant not to exceed $74,516.91, contingent
upon the completion of all required community service hours. Upon approval,
CRA staff will finalize a grant agreement outlining the terms and conditions.
Funds will be disbursed upon submission and review of all necessary
documentation, invoices, and proof of expenditures.
APPROPRIATION CODE AND AMOUNT:
Funds are available in cost code 3897552-R2402, Business Improvement
Program to fund this grant.
STRATEGIC PRIORITY:
2.1 Strengthen public-private initiatives that attract, develop and retain diversified
business sectors.
3.1 Support neighborhood identity through services and programs that empower
community pride and belonging.
3.2 Preserve community livability through responsible development standards,
proactive code compliance, and targeted revitalization.
One individual spoke in support.
Trustee Mannino moved to approve a North Greenwood
Commercial Grant for Tori and Timothy Charles located at 1215 N
Martin Luther King Jr. Ave, Clearwater, FL 33755 in an amount not to
exceed $74,516.91 and authorize the appropriate officials to execute
same. The motion was duly seconded and carried unanimously.
4.5 Approve a North Greenwood Commercial Grant for Killarney 6 Investment Group, Inc
located at 1115 N Martin Luther King Jr. Ave. and 1107 N. Martin Luther King Jr, Ave,
Clearwater, FL 33755 in an amount not to exceed $75,000 and authorize the appropriate
officials to execute same. On July 15, 2024, the CRA Trustees approved the North Greenwood
Commercial Grant program. The Commercial Grant Program is designed to
incentivize commercial property and business owners within the North
Greenwood CRA to invest in building, structural, and site improvements. By
offering grants of up to $75,000, this program aims to enhance the visual appeal
and functionality of the area, stimulate economic growth, and create a
business-friendly environment.
On October 2, 2024, CRA staff received a grant application from Killarney 6
Investments Group Inc. for properties located at 1107 North Martin Luther King Draft
Community Redevelopment Agency Meeting Minutes March 31, 2025
Page 8 City of Clearwater
Junior Avenue, and 1115 North Martin Luther King Junior Avenue, Clearwater,
FL 33755. The applications included improvements for:
• Roofing repairs
• Electric and plumbing
• Mechanical repairs
• ADA bathrooms
• Interior partition wall buildout
• Paint
• Repair Exterior
• Architectural, Engineering Permitting
Staff recommends approval of a grant not to exceed $75,000 in financial
assistance under the Program to provide exterior and interior improvements to
the properties located at 1107 North Martin Luther King Junior Avenue,
Clearwater, FL 33755 for amount not to exceed $32,400 and 1115 North Martin
Luther King Junior Avenue, Clearwater, FL 33755 for amount not to exceed
$42,600.
If approved the applicant will adhere to the following performance measures:
• Improvements must be maintained for at least three years:
Section 9 of program states that improvements funded by the
grant must be maintained in accordance with City policies,
codes, and other applicable requirements for no less than three
years.
• Proof of project completion within 365 days:
o Section 8 requires a “Finding of Project Completion” within one
year of grant approval, unless an extension is granted.
• Compliance with City code and permits:
o The applicant must obtain all required permits, pass inspections,
and address any existing violations through the proposed work.
• Use of licensed contractors:
o Unless doing work that doesn’t require a license, eligible
improvements must be done by licensed contractors with
itemized quotes and documentation.
Upon approval, CRA staff will finalize a grant agreement outlining the terms
and conditions. Funds will be disbursed upon submission and review of all
necessary documentation, invoices, proof of expenditures and contingent
upon paying unpaid property taxes and utility lien.
APPROPRIATION CODE AND AMOUNT:
Funds are available in cost code 3897552-R2402, Business Improvement
Program, to fund this grant.
STRATEGIC PRIORITY:
2.1 Strengthen public-private initiatives that attract, develop and retain diversified
business sectors.
3.1 Support neighborhood identity through services and programs that empower
community pride and belonging.
3.2 Preserve community livability through responsible development standards, Draft
Community Redevelopment Agency Meeting Minutes March 31, 2025
Page 9 City of Clearwater
proactive code compliance, and targeted revitalization.
Trustee Cotton moved to approve a North Greenwood Commercial
Grant for Killarney 6 Investment Group, Inc located at 1115 N Martin
Luther King Jr. Ave. and 1107 N. Martin Luther King Jr. Ave,
Clearwater, FL 33755 in an amount not to exceed $75,000 and
authorize the appropriate officials to execute same. The motion was
duly seconded and carried unanimously.
4.6 Downtown Revitalization
STRATEGIC PRIORITY:
2.1 Strengthen public-private initiatives that attract, develop, and retain
diversified business sectors.
2.3 Promote Clearwater as a premier destination for entertainment, cultural
experiences, tourism, and national sporting events.
Mr. Niño said the Call for Developments Concepts for the Main Library
has received a lot of interest. Staff is working closely with Legal and
Procurement. 5. Director's Report – None. 6. Adjourn
The meeting adjourned at 1:35 p.m.
Chair Community Redevelopment Agency
Attest
City Clerk Draft
Cover Memo
City of Clearwater Main Library - Council
Chambers
100 N. Osceola Avenue
Clearwater, FL 33755
File Number: ID#25-0330
Agenda Date: 4/28/2025 Status: FiledVersion: 1
File Type: Action ItemIn Control: Community Redevelopment Agency
Agenda Number: 4.1
SUBJECT/RECOMMENDATION:
Present April Business Spotlight to Chiang Mai Thai and Sushi Bar.
SUMMARY:
Chiang Mai Thai & Sushi Bar as the fourth recipient of the Business Spotlight Program.
As one of the longest-standing establishments in the downtown corridor, Chiang Mai Thai & Sushi Bar has
been a cornerstone of the local dining scene for decades. Now guided by the next generation of ownership,
the restaurant continues to honor its culinary roots while embracing new opportunities to engage with the
community.
Most recently, Chiang Mai Thai & Sushi Bar brought regional attention to Downtown Clearwater through a
featured Lao New Year cooking segment on Bay News 9. This platform not only highlighted the
restaurant’s cultural heritage but also helped shine a light on the diverse and thriving small business
community in the downtown area.
Looking ahead, Chiang Mai Thai & Sushi Bar is committed to deepening its role in the cultural and
economic vibrancy of Downtown. With plans to participate in and host future events, the restaurant
remains dedicated to celebrating Southeast Asian culture and fostering a sense of connection among
residents and visitors alike.
STRATEGIC PRIORITY:
2.1 Strengthen public-private initiatives that attract, develop, and retain diversified business sector.
3.1 Support neighborhood identity through services and programs that empower community pride and
belonging.
Page 1 City of Clearwater Printed on 7/22/2025
Cover Memo
City of Clearwater Main Library - Council
Chambers
100 N. Osceola Avenue
Clearwater, FL 33755
File Number: ID#25-0324
Agenda Date: 4/28/2025 Status: PassedVersion: 1
File Type: Action ItemIn Control: Community Redevelopment Agency
Agenda Number: 4.2
SUBJECT/RECOMMENDATION:
Approve recommended changes to the North Greenwood Residential Grant Program and authorize the
appropriate officials to execute same.
SUMMARY:
Staff recommends updating the North Greenwood Residential Grant Program with the proposed outlined
changes below to improve customer service, enhance clarity, and remove barriers for applicants. These
updates aim to create a smoother grant process for all stakeholders. On April 7, 2025, these
recommended changes were presented to the North Greenwood Community Advisory Board and received
approval to proceed to the CRA Trustees for consideration
Recommended Changes:
·Add language to allow community service hours waived, be added back to the total grant amount, not
to exceed $20,000 (Page 2, under section 3)
o To provide clarity to the language of the grant program.
·Remove 12 months and add 36 (Page 4, under Eligibility Criteria)
o For the purposes of this application, the total CRA grant value that an Owner has received over such
period shall be the combined value, in the 12 36-month period immediately preceding the submission of an
application for this program - This helps ensure that more residents in the North Greenwood Community
have a fair opportunity to benefit from available funding.
STRATEGIC PRIORITY:
1.5 Embrace a culture of innovation that drives continuous improvement and successfully serves all our
customers.
3.1 Support neighborhood identity through services and programs that empower community pride and
belonging.
Page 1 City of Clearwater Printed on 7/22/2025
RESIDENTIAL EXTERIOR
IMPROVEMENT GRANT
PROGRAM
&
APPLICATION FORM
City of Clearwater Community Redevelopment Agency
North Greenwood Community Redevelopment Area
TABLE OF CONTENTS
SECTION 1 – PROGRAM GOAL ................................................................................................................. 1
SECTION 2 – PURPOSE AND INTENT ....................................................................................................... 1
SECTION 3 – AVAILABLE ASSISTANCE AND PROGRAM ELIGIBILITY .................................................. 2
SECTION 4 – ELIGIBLE RESIDENTIAL IMPROVEMENTS ........................................................................ 4
SECTION 5 – PROGRAM REQUIREMENTS AND APPLICATION PROCESS .......................................... 5
SECTION 6 – DISBURSEMENT POLICY AND PROCEDURE ................................................................... 6
SECTION 7 – GRANT EXPIRATION ............................................................................................................ 7
SECTION 8 – COMPLIANCE WITH THE CITY OF CLEARWATER ETHICS CODE .................................. 7
SECTION 9 – APPLICATION ....................................................................................................................... 8
SECTION 10 – ELIGIBLE CRA AREA MAP ............................................................................................... 11
_______________________________________________________________
Residential Exterior Improvement Grant Program
Approved by the CRA Trustees July 15, 2024
1
RESIDENTIAL EXTERIOR IMPROVEMENT GRANT PROGRAM
The Program provides a matching grant of up to $20,000.
SECTION 1 – PROGRAM GOAL
The City of Clearwater (City) Community Redevelopment Agency (CRA) Residential Exterior
Improvement Grant Program (Program) is designed to increase access to redevelopment
funding for residential improvements to homesteaded single-family homes in the North
Greenwood Community Redevelopment Area (NGCRA). The purpose of the Program is to
rehabilitate single family homes, improve property conditions, aesthetics, reduce housing cost
burden, and aid in the elimination of slum and blight. The focus of this Program is directed to the
exterior improvement of residential properties to enhance neighborhood aesthetics and pride.
SECTION 2 – PURPOSE AND INTENT
The purpose of the Program is to support the implementation of the adopted Community
Redevelopment Area Plan (Plan) for the North Greenwood Community Redevelopment Area in
accordance with the Florida Community Redevelopment Act of 1969. Sections 163.330, et seq.,
Florida Statutes, by:
1) Carrying out plans for a program of voluntary or compulsory repair and rehabilitation of
buildings or other improvements in accordance with the community redevelopment plan
(Sections 163.370(2)(c)(5), Florida Statutes).
2) Reducing the percent of households that are housing cost burdened (Plan Section 3.2,
Goals and Objectives, Goal 4 Housing Affordability, Objectives, page 94).
3) Prioritizing keeping existing residents in their homes through funding for addressing
property maintenance and building code issues and reducing visual blight (Plan Section
3.3, Redevelopment Policies, Housing, page 95).
4) Developing grant programs to improve the exterior and interior of blighted properties
(Plan Section 4.5, Plan Implementation, Table 15, Goal 1 Policy Implementation: Public
Safety, page 134).
5) Developing programs to encourage neighborhood pride in yard and home appearance
(Plan Section 4.5, Plan Implementation, Table 15, Goal 1 Policy Implementation: Public
Safety, page 136).
6) Providing emergency assistance funds for low-income residents for life safety home
repairs and renovations to accommodate physical disabilities (Plan Section 4.5, Plan
Implementation, Table 15, Goal 4 Policy Implementation: Housing Affordability, page
140).
7) Creating a grant program to reduce blight through the repair and preservation of historic
homes (Plan Section 4.5, Plan Implementation, Table 15, Goal 4 Policy Implementation:
Housing Affordability, page 142).
8) Creating value for the citizens of Clearwater and improving the North Greenwood CRA
by (themes stressed throughout the Plan):
a) Promoting a resident and neighborhood friendly atmosphere;
Case Number:
2
b) Promoting economic development and neighborhood revitalization;
c) Incentivizing property owners to enhance and sustain the values of their property;
d) Creating a more inviting and visually appealing atmosphere; and
e) Instilling a greater sense of place and civic identity.
It is not the intent of the CRA to engage in any rehabilitation activity that requires vacating
property or displacing any residents from property. Moreover, this Program does not assist in
temporary relocation cost or the development of new construction projects. Rather, it is to
rehabilitate existing single-family structures.
SECTION 3 – AVAILABLE ASSISTANCE AND PROGRAM ELIGIBILITY
The Program provides a matching grant, as specified below, of up to $20,000 to assist
applicants with exterior home repairs. Program assistance is based on a sliding scale and
adjusted for family size and income limits, which are subject to change from time to time.
Applicants with Household incomes that exceed 120% Area Median Income do not
qualify for this Program. Applicant will match the grant amount by the percentages listed
below (must provide proof of matching funds prior to project work commencing):
Area Median Income (AMI) % Applicant Contribution/Match
0 – 30% 5%*
31% – 50% 10%*
51% – 80% 15%**
81% – 120% 20%**
121% – plus Not eligible for grant.
*Match may be waived at the rate of one hour of community service per $150 of approved grant
amount and will be added back into the total grant amount not to exceed $20,000.
**Up to 50% of Applicant’s match may be waived at the rate of one hour of community service
per $150 of approved grant amount and will be added back into the total grant amount not to
exceed $20,000. (Community Service must be performed by Applicant, or anyone over 18
years of age legally residing in the home, within the NGCRA boundary and through a tax-
exempt not-for-profit organization recognized by the CRA or City of Clearwater.
Community service must be performed without pay or compensation from the not-for-
profit organization, and service must be performed in full hour increments rounding up
to the nearest whole hour. Scope of community service must be pre-approved, by the
CRA Director, prior to commencement. In addition, said community service must be
performed prior to release of grant funds.)
The CRA Director may waive, or reduce, on a case-by-case basis, the community service
provision for certain individuals with disabilities, including age related disabilities, or
other verifiable hardships, that prevent the Applicant, and anyone over 18 years of age
legally residing in the home, from performing community service. In the event the waiver
is granted, then the Applicant Contribution/Match will be set to zero percent.
The grant is a reimbursement grant, unless otherwise approved by the CRA Director to
pay an approved licensed contractor directly, no more than one payment within a 30-day
period. The CRA Director may require in all grant applications that licensed contractors
3
be paid directly, eliminating the need for homeowners to pay contractors, and then
requesting reimbursement from the CRA.
The chart below is data provided by the Florida Housing Finance Corporation (FHFC) which is
based upon figures provided by the United States Department of Housing and Urban
Development (HUD) and are subject to change. Updated charts by FHFC will supersede any
income limit chart provided within this document. When updates are made available by FHFC,
the chart below will be updated.
Eligibility Criteria
To be eligible for the Program, the project/property must meet all the following qualifications:
• Applicant must be the owner of the subject property. *
• The subject property must be a single-family home.
• Property must be located within the North Greenwood Community Redevelopment Area.
• The single-family home must be the primary residence and legal homestead of the
Applicant. In addition, the following may qualify for the Program.
▪ Owners of property that have applied to Pinellas County for homestead
exemption consideration may be eligible for this Program.
▪ Applicants that reside at the property, control said property other than through
outright ownership, and are authorized to approve the repairs and other work that
are the subject of this program, may provide alternative documents to
substantiate that they have such control and authority regarding the property.
This documentation may include probate court documents, wills, heirship
affidavit, letters of administration, or other legal documentation. After review of
the documents, the residing applicant(s) may qualify for the Program, provided
the applicant(s) wishing to apply for the Program reside at the property as their
primary residence. If such control or authority is disputed by another party or
parties, the application may be denied until such time as the Applicant resolves
such disputes.
• Must demonstrate property taxes are current or a satisfactory payment plan is approved
by the CRA Director.
• Must be current on mortgage payments (if applicable).
• Must be in good standing with the city (no outstanding code enforcement or building
code violations). This requirement may be waived by the CRA Director if the work
proposed under this application will remediate the code violations.
• If combined with a Home Rehabilitation Loan from the Economic Development and
Housing Department, other requirements may vary.
*The owner of the Property (Owner) shall be the Applicant. Owner means a holder of
any legal or equitable estate in the premises, whether alone or jointly with others and
4
whether in possession or not shall include all individuals, associations, partnerships,
corporations, limited liability companies and others who have interest in a structure and
any who are in possession or control thereof as agent of the owner, as executor,
administrator, trustee, or guardian of the estate of the owner. No Owner shall receive
more than $20,000 in total CRA grant value across all CRA grant programs within a 36-
month rolling year. For the purposes of this application, the total CRA grant value that an
Owner has received over such period shall be the combined value, in the 36 month
period immediately preceding the submission of an application for this program, of: (1)
the amount of CRA grant funds that the applicant has received; (2) the amount of CRA
grant funds that any holder of legal title in the subject property other than the applicant
has received; and (3) if a business entity holds legal title in the subject property, the total
amount of CRA grant funds received by any directors, members, partners, shareholders,
any others with an ownership interest in such entity, and any others able to exert
managerial control over or direct the affairs of said entity.
Previous Participation – Each property may not receive a grant any more than every
thirty-six months.
The following are ineligible for Program assistance:
• Work or improvements that are completed prior to an application being approved.
• Any unpermitted work or improvements performed on the property that required a permit
and inspections.
• Any work or improvements on the property that fail required inspections.
• Multi-family properties.
• Properties that do not qualify for homestead exemption.
• New construction or improvements on vacant land.
Project Implementation
Projects are to be coordinated, managed, and implemented by the Applicant with close
interaction with Community Redevelopment Agency Department staff and the appropriate City
departments. Applicant is responsible for obtaining/arranging any permits required by the city.
SECTION 4 – ELIGIBLE RESIDENTIAL IMPROVEMENTS
One or more of the following improvements may be eligible for Program assistance:
1) Exterior repairs (walls, foundation, piers, siding, etc.);
2) Exterior painting;
3) Exterior windows and doors;
4) Roof repairs or replacement, including facia board, soffits, and gutters;
5) Window or door awnings and shutters (including hurricane shutters; replacement or
repair);
6) Exterior weatherization improvements;
7) The installation, repair, or renovation of porches;
8) The installation of decorative lighting;
9) Decorative fencing;
10) Driveway, pedestrian walkways/pathways, and sidewalk improvements;
11) American with Disabilities Act (ADA) accessibility improvements;
5
12) The installation of landscaping and irrigation systems, not to exceed twenty percent
(20%) of the total grant amount;
13) Tree trimming or removal (requires city approval, and city may require a licensed arborist
to confirm tree removal is necessary);
14) Heating, ventilation, and air conditioning (HVAC) systems;
15) Certain interior repairs:
a. Interior deterioration/damage directly resulting from an exterior defect or damage,
may qualify for grant funding to repair said deterioration/damage. Such interior
repairs may include, but are not limited to, load bearing walls, drywall, insulation,
and wood repair. However, grant funds must first be used for improvements or
repairs to fully remedy the external defect or damage that resulted in such interior
deterioration/damage prior to any use of grant funds on interior repairs.
b. Interior deterioration/damage that is verified by the city as a life safety issue to
home inhabitants.
c. ADA accessibility improvements.
16) Home fumigation (including tenting if necessary) for termites; and
17) Other improvements may be submitted for consideration but must demonstrate that the
improvement meets the intent of this grant program.
The following improvements are not eligible for Program assistance:
1) Repairs to unsafe or substandard structures that cannot be made safe for
habitation with Program funds.
2) Room additions, garage conversions, repairs to structures separate from the living units
(detached garage, shed, etc.), furnishings, and pools.
3) Repairs covered by insurance.
4) Non-permanent improvements.
5) Enclosing a front porch.
6) Installation of window or door security bars.
7) General interior home improvements and repairs.
SECTION 5 – PROGRAM REQUIREMENTS AND APPLICATION PROCESS
Program Requirements
• All statements and representations made in the application must be correct in all
material respects when made.
Any applicant requesting grant funding from this program will have their income verified
by City staff and must supply the items listed below, and, if requested, any other income
or employment documents that are not listed below:
• If applicable, self-employed year to date profit and loss statements.
• All pages of last two year’s tax returns, with all schedules and W-2s/1099(s).
• Most recent and consecutive last two months of bank statements (with bank name and
account number) (ALL PAGES, even if blank) for all household members with accounts.
• If combined with a Home Rehabilitation Loan from the Economic Development and
Housing Department, additional information may be required.
Applicants that do not wish to have their income verified will automatically be disqualified from
Program participation.
6
•
• Color digital photographs of the existing structure exterior, showing all sides of
the building, must be provided with application.
• An estimated detailed budget must be provided on the attached project budget form
(Attachment A).
• Work required to be performed by licensed contractors. Applicant must provide, as
attachments, three quotes from contractors and copies of their licenses. Quotes to
include complete description of materials to be used).
o If work is performed by non-licensed workers, then only materials purchased will
be eligible for grant funds, unless the work performed was required to be
performed by a licensed individual per City codes.
• Portions of the project costs not funded by the requested grant must be provided by
Owner funding. Owner funding may consist of bank loans, lines of credit, a Home
Rehabilitation Loan from the city’s Economic Development and Housing Department,
and owned assets (Owner Equity), etc.
• Owner must demonstrate their source of the Owner Funding and their ability to meet the
financial obligations of the Program prior to Program approval.
• Proceeds from other City-managed financial assistance programs may be used as
Owner Equity to satisfy the Owner Funding requirements of this Program and may be
used to assist with funding of remaining portion of larger improvement project. Grant
funds cannot be used as Owner Equity to satisfy the Owner Funding requirements of
other City-managed financial assistance programs.
Grant Application Process
• Submittal of an application does not guarantee a grant award.
• Grant preference will be given to Applicants at or below 80% AMI, applicants 65 years of
age and above, and the disabled.
• Completed applications that meet all the Program requirements will be reviewed by the
CRA Director.
• The CRA Director will approve or deny applications based on the criteria set forth in this
document.
• Incomplete applications will not be considered submitted until all required documentation
has been submitted to Community Redevelopment Agency Department staff.
• All construction/design contracts will be between the Applicant and the contractor/design
professional.
SECTION 6 – DISBURSEMENT POLICY AND PROCEDURE
Grant funds will, unless otherwise approved by the CRA Director to allow initial project deposits
or other necessary draws, up to fifty percent of the grant amount, to be paid directly to a
City/CRA approved licensed contractor, be disbursed upon a “Finding of Project Completion”
by CRA Director. A “Finding of Project Completion” will be granted when the following criteria
are met:
1) Applicant must demonstrate their ability to meet the financial match/obligations of the
Program and any required community service has been completed by qualifying
applicants.
7
2) Requests for disbursement of project costs will be viewed as a single, completed
package, unless prior disbursement of funds arrangements have been made to pay
licensed contractors directly (no more than one payment within a 30-day period).
Costs not included in the approved application budget will not be considered for
disbursement.
3) Required documentation for disbursement of project costs must include:
a. Copies of cancelled checks, certified checks or money orders of project costs, or
credit card statements of project cost;
b. Detailed invoices and paid receipts signed, dated, and marked “paid in full;”
c. Name, address, telephone number of design professional(s), general contractor,
etc.; and
d. Photos of the project (before and after photos).
4) The Applicant must have obtained all necessary/required permits (e.g. zoning and
building), passed all required inspections, and prior to final disbursement of funds
received (if relevant) notice, in the form of a Certificate of Occupancy or Certificate of
Completion for the project demonstrating the legal occupancy of the project area. Any
work performed without a permit that required a permit will not be eligible for
grant funding.
5) The CRA disburses funds to grant recipients within 30 days of fully completed
reimbursement request.
SECTION 7 – GRANT EXPIRATION
Applicants must receive a “Finding of Project Completion” within 180 calendar days from the
date of application approval. After the said 180 days, the grant will expire. An extension for the
grant funds may be granted by the CRA Director for a good cause. It is the responsibility of the
Applicant to request, in writing, from the CRA Director an extension of the grant approval before
the expiration date.
SECTION 8 – COMPLIANCE WITH THE CITY OF CLEARWATER ETHICS CODE
The applicant will comply with all applicable City rules and regulations including the City's Ethics
Codes. Moreover, each applicant to the Program acknowledges and understands that the City's
Ethics Code prohibit City employees from receiving any benefit, direct or indirect, from any
contract or obligation entered with the City.
8
SECTION 9 – APPLICATION
1) Applicant (Property Owner)
Full Legal Name(s):
Mailing Address:
City/State/Zip:
Phone Number: E-mail Address:
2) Subject Property
Address commonly known as:
Parcel Identification Number(s):
3) Project description, scope of work to be performed, sketch plans and
specifications detailing the scope of work (provide attachment(s) if needed).
(Applicant understands that depending on the project, certain city departments
may require additional documentation, plans, etc. to properly review and approve
the proposed project described in this application.)
9
4) Financial and Other Disclosures
Annual Household Income: $
(Income examples (not limited to the following): employment or self-employment income, Social Security,
Pension, Disability, etc.)
Household Size: #
Is the subject property current with property tax payments, mortgage payments (if
applicable), fees, and in compliance with City codes and regulations? (must provide
copies of property tax payment and mortgage payment statements)
Yes____ No ____
If no, please explain:
Have you received a loan or grant assistance from a city-managed financial
assistance program for a project at the subject property?
Yes____ No ____
If yes, please specify the program(s), dates received, and the loan/grant amount(s) below
or provide attachment(s).
Program Name:
Date Received: Amount Received $
Program Name:
Date Received: Amount Received $
5) Amount of Grant Requested under this program: $
Are you requesting direct payment of approved grant funds to an authorized
contractor?
Yes____ No ____
If yes, please specify the contractor’s name:
Note: This option must be approved by the CRA Director.
10
Attachment A - Project Budget Form
(Attach contractor/vendor estimates/quotes for consistency verification of items listed below. Contractor/vendor estimates/quotes
improvement item descriptions and cost will supersede if improvement item descriptions and cost are listed different below. If more
project budget form lines are need, Applicant may duplicate budget template below on separate sheet. If new Project Budget Form
is created, write “See Attached” in Line No. 1 below.)
For Applicant Use For staff use only
Line
Item No.
Improvement(s) Item Description
(Including construction materials, labor,
permitting, other fees, etc.)
Improvement(s)
Cost Amount
Line Item Eligible for
Grant Consideration
Yes/No
Cost Amount
Eligible for
Grant
1 $ $
2 $ $
3 $ $
4 $ $
5 $ $
6 $ $
7 $ $
8 $ $
9 $ $
10 $ $
11 $ $
12 $ $
13 $ $
14 $ $
15 $ $
16 $ $
17 $ $
Total Improvement(s) Cost Amount $
Total Cost Amount
Eligible for Grant
Consideration
$
Line No. For Staff Use Only
1 Total Cost Amount Eligible for Grant Consideration (from “Attachment A” above and/or from
attached contractor estimates/quotes. $
2 Amount of Grant Requested under this program (Section 9, question 5 of Application). $
3 Enter the amount with the lower monetary value from either Line No. 1 or Line No. 2. $
4 Enter required Applicant Contribution/Match (either 5%, 10%, 15%, or 20% contribution/match, see
Section 3 of Grant Program). $
5 Subtract Line No. 4 from Line No. 3 and enter amount. $
6
Enter value of eligible community service hours for contribution/match waiver, if applicable.
(See Section 3 of Grant Program for value of service hours).
Number of service hours approved by CRA Director: _________.
$
7 Add Line No. 6 to amount in Line No. 5 and enter amount. $
8 Enter amount from Line No. 7. This is eligible grant award amount to enter in approval letter: $
11
PLEASE NOTE:
For multiple signers: This Application may be executed in one or more counterparts, each of
which when executed and delivered, shall be an original, but all such counterparts shall
constitute one and the same instrument.
I ACKNOWLEDGE THAT I HAVE RECEIVED AND UNDERSTAND THE GRANT GUIDELINES
HEREIN ABOVE STATED. IN ADDITION, BY EXECUTING THIS APPLICATION, I
ACKNOWLEDGE THAT I AM LAWFULLY AUTHORIZED TO EXECUTE THIS APPLICATION
AND THAT ALL INFORMATION AND STATEMENTS CONTAINED HEREIN AND ON ANY
ATTACHEMENTS ARE TRUE, CORRECT, AND COMPLETE.
Applicant Signature Printed Name
Date
STATE OF FLORIDA )
COUNTY OF PINELLAS )
The foregoing instrument was acknowledged before me by means * physical presence or *
online notarization, this ___ day of , 2025 by ____________, who *
is/are personally known to me or * who has/have produced a driver’s license as identification.
_____________________________________
Notary Public, State of Florida
(NOTARIAL SEAL) Name of Notary:
My Commission Expires:
My Commission No.:
Mail or hand deliver completed application form to: Community Redevelopment Agency
City of Clearwater / 600 Cleveland Street, Suite 600 / Clearwater, FL 33755
For question call the Community Redevelopment Department at 727-562-4039
12
Section 10 – ELIGIBLE CRA AREA map
RESIDENTIAL EXTERIOR
IMPROVEMENT GRANT
PROGRAM
&
APPLICATION FORM
City of Clearwater Community Redevelopment Agency
North Greenwood Community Redevelopment Area
TABLE OF CONTENTS
SECTION 1 – PROGRAM GOAL ................................................................................................................. 1
SECTION 2 – PURPOSE AND INTENT ....................................................................................................... 1
SECTION 3 – AVAILABLE ASSISTANCE AND PROGRAM ELIGIBILITY .................................................. 2
SECTION 4 – ELIGIBLE RESIDENTIAL IMPROVEMENTS ........................................................................ 4
SECTION 5 – PROGRAM REQUIREMENTS AND APPLICATION PROCESS .......................................... 5
SECTION 6 – DISBURSEMENT POLICY AND PROCEDURE ................................................................... 6
SECTION 7 – GRANT EXPIRATION ............................................................................................................ 7
SECTION 8 – COMPLIANCE WITH THE CITY OF CLEARWATER ETHICS CODE .................................. 7
SECTION 9 – APPLICATION ....................................................................................................................... 8
SECTION 10 – ELIGIBLE CRA AREA MAP ............................................................................................... 11
_______________________________________________________________
Residential Exterior Improvement Grant Program
Approved by the CRA Trustees July 15, 2024
1
RESIDENTIAL EXTERIOR IMPROVEMENT GRANT PROGRAM
The Program provides a matching grant of up to $20,000.
SECTION 1 – PROGRAM GOAL
The City of Clearwater (City) Community Redevelopment Agency (CRA) Residential Exterior
Improvement Grant Program (Program) is designed to increase access to redevelopment
funding for residential improvements to homesteaded single-family homes in the North
Greenwood Community Redevelopment Area (NGCRA). The purpose of the Program is to
rehabilitate single family homes, improve property conditions, aesthetics, reduce housing cost
burden, and aid in the elimination of slum and blight. The focus of this Program is directed to the
exterior improvement of residential properties to enhance neighborhood aesthetics and pride.
SECTION 2 – PURPOSE AND INTENT
The purpose of the Program is to support the implementation of the adopted Community
Redevelopment Area Plan (Plan) for the North Greenwood Community Redevelopment Area in
accordance with the Florida Community Redevelopment Act of 1969. Sections 163.330, et seq.,
Florida Statutes, by:
1) Carrying out plans for a program of voluntary or compulsory repair and rehabilitation of
buildings or other improvements in accordance with the community redevelopment plan
(Sections 163.370(2)(c)(5), Florida Statutes).
2) Reducing the percent of households that are housing cost burdened (Plan Section 3.2,
Goals and Objectives, Goal 4 Housing Affordability, Objectives, page 94).
3) Prioritizing keeping existing residents in their homes through funding for addressing
property maintenance and building code issues and reducing visual blight (Plan Section
3.3, Redevelopment Policies, Housing, page 95).
4) Developing grant programs to improve the exterior and interior of blighted properties
(Plan Section 4.5, Plan Implementation, Table 15, Goal 1 Policy Implementation: Public
Safety, page 134).
5) Developing programs to encourage neighborhood pride in yard and home appearance
(Plan Section 4.5, Plan Implementation, Table 15, Goal 1 Policy Implementation: Public
Safety, page 136).
6) Providing emergency assistance funds for low-income residents for life safety home
repairs and renovations to accommodate physical disabilities (Plan Section 4.5, Plan
Implementation, Table 15, Goal 4 Policy Implementation: Housing Affordability, page
140).
7) Creating a grant program to reduce blight through the repair and preservation of historic
homes (Plan Section 4.5, Plan Implementation, Table 15, Goal 4 Policy Implementation:
Housing Affordability, page 142).
8) Creating value for the citizens of Clearwater and improving the North Greenwood CRA
by (themes stressed throughout the Plan):
a) Promoting a resident and neighborhood friendly atmosphere;
Case Number:
2
b) Promoting economic development and neighborhood revitalization;
c) Incentivizing property owners to enhance and sustain the values of their property;
d) Creating a more inviting and visually appealing atmosphere; and
e) Instilling a greater sense of place and civic identity.
It is not the intent of the CRA to engage in any rehabilitation activity that requires vacating
property or displacing any residents from property. Moreover, this Program does not assist in
temporary relocation cost or the development of new construction projects. Rather, it is to
rehabilitate existing single-family structures.
SECTION 3 – AVAILABLE ASSISTANCE AND PROGRAM ELIGIBILITY
The Program provides a matching grant, as specified below, of up to $20,000 to assist
applicants with exterior home repairs. Program assistance is based on a sliding scale and
adjusted for family size and income limits, which are subject to change from time to time.
Applicants with Household incomes that exceed 120% Area Median Income do not
qualify for this Program. Applicant will match the grant amount by the percentages listed
below (must provide proof of matching funds prior to project work commencing):
Area Median Income (AMI) % Applicant Contribution/Match
0 – 30% 5%*
31% – 50% 10%*
51% – 80% 15%**
81% – 120% 20%**
121% – plus Not eligible for grant.
*Match may be waived at the rate of one hour of community service per $150 of approved grant
amount and will be added back into the total grant amount not to exceed $20,000.
**Up to 50% of Applicant’s match may be waived at the rate of one hour of community service
per $150 of approved grant amount and will be added back into the total grant amount not to
exceed $20,000. (Community Service must be performed by Applicant, or anyone over 18
years of age legally residing in the home, within the NGCRA boundary and through a tax-
exempt not-for-profit organization recognized by the CRA or City of Clearwater.
Community service must be performed without pay or compensation from the not-for-
profit organization, and service must be performed in full hour increments rounding up
to the nearest whole hour. Scope of community service must be pre-approved, by the
CRA Director, prior to commencement. In addition, said community service must be
performed prior to release of grant funds.)
The CRA Director may waive, or reduce, on a case-by-case basis, the community service
provision for certain individuals with disabilities, including age related disabilities, or
other verifiable hardships, that prevent the Applicant, and anyone over 18 years of age
legally residing in the home, from performing community service. In the event the waiver
is granted, then the Applicant Contribution/Match will be set to zero percent.
The grant is a reimbursement grant, unless otherwise approved by the CRA Director to
pay an approved licensed contractor directly, no more than one payment within a 30-day
period. The CRA Director may require in all grant applications that licensed contractors
3
be paid directly, eliminating the need for homeowners to pay contractors, and then
requesting reimbursement from the CRA.
The chart below is data provided by the Florida Housing Finance Corporation (FHFC) which is
based upon figures provided by the United States Department of Housing and Urban
Development (HUD) and are subject to change. Updated charts by FHFC will supersede any
income limit chart provided within this document. When updates are made available by FHFC,
the chart below will be updated.
Eligibility Criteria
To be eligible for the Program, the project/property must meet all the following qualifications:
Applicant must be the owner of the subject property. *
The subject property must be a single-family home.
Property must be located within the North Greenwood Community Redevelopment Area.
The single-family home must be the primary residence and legal homestead of the
Applicant. In addition, the following may qualify for the Program.
Owners of property that have applied to Pinellas County for homestead
exemption consideration may be eligible for this Program.
Applicants that reside at the property, control said property other than through
outright ownership, and are authorized to approve the repairs and other work that
are the subject of this program, may provide alternative documents to
substantiate that they have such control and authority regarding the property.
This documentation may include probate court documents, wills, heirship
affidavit, letters of administration, or other legal documentation. After review of
the documents, the residing applicant(s) may qualify for the Program, provided
the applicant(s) wishing to apply for the Program reside at the property as their
primary residence. If such control or authority is disputed by another party or
parties, the application may be denied until such time as the Applicant resolves
such disputes.
Must demonstrate property taxes are current or a satisfactory payment plan is approved
by the CRA Director.
Must be current on mortgage payments (if applicable).
Must be in good standing with the city (no outstanding code enforcement or building
code violations). This requirement may be waived by the CRA Director if the work
proposed under this application will remediate the code violations.
If combined with a Home Rehabilitation Loan from the Economic Development and
Housing Department, other requirements may vary.
*The owner of the Property (Owner) shall be the Applicant. Owner means a holder of
any legal or equitable estate in the premises, whether alone or jointly with others and
4
whether in possession or not shall include all individuals, associations, partnerships,
corporations, limited liability companies and others who have interest in a structure and
any who are in possession or control thereof as agent of the owner, as executor,
administrator, trustee, or guardian of the estate of the owner. No Owner shall receive
more than $20,000 in total CRA grant value across all CRA grant programs within a 36-
month rolling year. For the purposes of this application, the total CRA grant value that an
Owner has received over such period shall be the combined value, in the 36 month
period immediately preceding the submission of an application for this program, of: (1)
the amount of CRA grant funds that the applicant has received; (2) the amount of CRA
grant funds that any holder of legal title in the subject property other than the applicant
has received; and (3) if a business entity holds legal title in the subject property, the total
amount of CRA grant funds received by any directors, members, partners, shareholders,
any others with an ownership interest in such entity, and any others able to exert
managerial control over or direct the affairs of said entity.
Previous Participation – Each property may not receive a grant any more than every
thirty-six months.
The following are ineligible for Program assistance:
Work or improvements that are completed prior to an application being approved.
Any unpermitted work or improvements performed on the property that required a permit
and inspections.
Any work or improvements on the property that fail required inspections.
Multi-family properties.
Properties that do not qualify for homestead exemption.
New construction or improvements on vacant land.
Project Implementation
Projects are to be coordinated, managed, and implemented by the Applicant with close
interaction with Community Redevelopment Agency Department staff and the appropriate City
departments. Applicant is responsible for obtaining/arranging any permits required by the city.
SECTION 4 – ELIGIBLE RESIDENTIAL IMPROVEMENTS
One or more of the following improvements may be eligible for Program assistance:
1) Exterior repairs (walls, foundation, piers, siding, etc.);
2) Exterior painting;
3) Exterior windows and doors;
4) Roof repairs or replacement, including facia board, soffits, and gutters;
5) Window or door awnings and shutters (including hurricane shutters; replacement or
repair);
6) Exterior weatherization improvements;
7) The installation, repair, or renovation of porches;
8) The installation of decorative lighting;
9) Decorative fencing;
10) Driveway, pedestrian walkways/pathways, and sidewalk improvements;
11) American with Disabilities Act (ADA) accessibility improvements;
5
12) The installation of landscaping and irrigation systems, not to exceed twenty percent
(20%) of the total grant amount;
13) Tree trimming or removal (requires city approval, and city may require a licensed arborist
to confirm tree removal is necessary);
14) Heating, ventilation, and air conditioning (HVAC) systems;
15) Certain interior repairs:
a. Interior deterioration/damage directly resulting from an exterior defect or damage,
may qualify for grant funding to repair said deterioration/damage. Such interior
repairs may include, but are not limited to, load bearing walls, drywall, insulation,
and wood repair. However, grant funds must first be used for improvements or
repairs to fully remedy the external defect or damage that resulted in such interior
deterioration/damage prior to any use of grant funds on interior repairs.
b. Interior deterioration/damage that is verified by the city as a life safety issue to
home inhabitants.
c. ADA accessibility improvements.
16) Home fumigation (including tenting if necessary) for termites; and
17) Other improvements may be submitted for consideration but must demonstrate that the
improvement meets the intent of this grant program.
The following improvements are not eligible for Program assistance:
1) Repairs to unsafe or substandard structures that cannot be made safe for
habitation with Program funds.
2) Room additions, garage conversions, repairs to structures separate from the living units
(detached garage, shed, etc.), furnishings, and pools.
3) Repairs covered by insurance.
4) Non-permanent improvements.
5) Enclosing a front porch.
6) Installation of window or door security bars.
7) General interior home improvements and repairs.
SECTION 5 – PROGRAM REQUIREMENTS AND APPLICATION PROCESS
Program Requirements
All statements and representations made in the application must be correct in all
material respects when made.
Any applicant requesting grant funding from this program will have their income verified
by City staff and must supply the items listed below, and, if requested, any other income
or employment documents that are not listed below:
If applicable, self-employed year to date profit and loss statements.
All pages of last two year’s tax returns, with all schedules and W-2s/1099(s).
Most recent and consecutive last two months of bank statements (with bank name and
account number) (ALL PAGES, even if blank) for all household members with accounts.
If combined with a Home Rehabilitation Loan from the Economic Development and
Housing Department, additional information may be required.
Applicants that do not wish to have their income verified will automatically be disqualified from
Program participation.
6
Color digital photographs of the existing structure exterior, showing all sides of
the building, must be provided with application.
An estimated detailed budget must be provided on the attached project budget form
(Attachment A).
Work required to be performed by licensed contractors. Applicant must provide, as
attachments, three quotes from contractors and copies of their licenses. Quotes to
include complete description of materials to be used).
o If work is performed by non-licensed workers, then only materials purchased will
be eligible for grant funds, unless the work performed was required to be
performed by a licensed individual per City codes.
Portions of the project costs not funded by the requested grant must be provided by
Owner funding. Owner funding may consist of bank loans, lines of credit, a Home
Rehabilitation Loan from the city’s Economic Development and Housing Department,
and owned assets (Owner Equity), etc.
Owner must demonstrate their source of the Owner Funding and their ability to meet the
financial obligations of the Program prior to Program approval.
Proceeds from other City-managed financial assistance programs may be used as
Owner Equity to satisfy the Owner Funding requirements of this Program and may be
used to assist with funding of remaining portion of larger improvement project. Grant
funds cannot be used as Owner Equity to satisfy the Owner Funding requirements of
other City-managed financial assistance programs.
Grant Application Process
Submittal of an application does not guarantee a grant award.
Grant preference will be given to Applicants at or below 80% AMI, applicants 65 years of
age and above, and the disabled.
Completed applications that meet all the Program requirements will be reviewed by the
CRA Director.
The CRA Director will approve or deny applications based on the criteria set forth in this
document.
Incomplete applications will not be considered submitted until all required documentation
has been submitted to Community Redevelopment Agency Department staff.
All construction/design contracts will be between the Applicant and the contractor/design
professional.
SECTION 6 – DISBURSEMENT POLICY AND PROCEDURE
Grant funds will, unless otherwise approved by the CRA Director to allow initial project deposits
or other necessary draws, up to fifty percent of the grant amount, to be paid directly to a
City/CRA approved licensed contractor, be disbursed upon a “Finding of Project Completion”
by CRA Director. A “Finding of Project Completion” will be granted when the following criteria
are met:
1) Applicant must demonstrate their ability to meet the financial match/obligations of the
Program and any required community service has been completed by qualifying
applicants.
7
2) Requests for disbursement of project costs will be viewed as a single, completed
package, unless prior disbursement of funds arrangements have been made to pay
licensed contractors directly (no more than one payment within a 30-day period).
Costs not included in the approved application budget will not be considered for
disbursement.
3) Required documentation for disbursement of project costs must include:
a. Copies of cancelled checks, certified checks or money orders of project costs, or
credit card statements of project cost;
b. Detailed invoices and paid receipts signed, dated, and marked “paid in full;”
c. Name, address, telephone number of design professional(s), general contractor,
etc.; and
d. Photos of the project (before and after photos).
4) The Applicant must have obtained all necessary/required permits (e.g. zoning and
building), passed all required inspections, and prior to final disbursement of funds
received (if relevant) notice, in the form of a Certificate of Occupancy or Certificate of
Completion for the project demonstrating the legal occupancy of the project area. Any
work performed without a permit that required a permit will not be eligible for
grant funding.
5) The CRA disburses funds to grant recipients within 30 days of fully completed
reimbursement request.
SECTION 7 – GRANT EXPIRATION
Applicants must receive a “Finding of Project Completion” within 180 calendar days from the
date of application approval. After the said 180 days, the grant will expire. An extension for the
grant funds may be granted by the CRA Director for a good cause. It is the responsibility of the
Applicant to request, in writing, from the CRA Director an extension of the grant approval before
the expiration date.
SECTION 8 – COMPLIANCE WITH THE CITY OF CLEARWATER ETHICS CODE
The applicant will comply with all applicable City rules and regulations including the City's Ethics
Codes. Moreover, each applicant to the Program acknowledges and understands that the City's
Ethics Code prohibit City employees from receiving any benefit, direct or indirect, from any
contract or obligation entered with the City.
8
SECTION 9 – APPLICATION
1) Applicant (Property Owner)
Full Legal Name(s):
Mailing Address:
City/State/Zip:
Phone Number: E-mail Address:
2) Subject Property
Address commonly known as:
Parcel Identification Number(s):
3) Project description, scope of work to be performed, sketch plans and
specifications detailing the scope of work (provide attachment(s) if needed).
(Applicant understands that depending on the project, certain city departments
may require additional documentation, plans, etc. to properly review and approve
the proposed project described in this application.)
9
4) Financial and Other Disclosures
Annual Household Income: $
(Income examples (not limited to the following): employment or self-employment income, Social Security,
Pension, Disability, etc.)
Household Size: #
Is the subject property current with property tax payments, mortgage payments (if
applicable), fees, and in compliance with City codes and regulations? (must provide
copies of property tax payment and mortgage payment statements)
Yes____ No ____
If no, please explain:
Have you received a loan or grant assistance from a city-managed financial
assistance program for a project at the subject property?
Yes____ No ____
If yes, please specify the program(s), dates received, and the loan/grant amount(s) below
or provide attachment(s).
Program Name:
Date Received: Amount Received $
Program Name:
Date Received: Amount Received $
5) Amount of Grant Requested under this program: $
Are you requesting direct payment of approved grant funds to an authorized
contractor?
Yes____ No ____
If yes, please specify the contractor’s name:
Note: This option must be approved by the CRA Director.
10
Attachment A - Project Budget Form
(Attach contractor/vendor estimates/quotes for consistency verification of items listed below. Contractor/vendor estimates/quotes
improvement item descriptions and cost will supersede if improvement item descriptions and cost are listed different below. If more
project budget form lines are need, Applicant may duplicate budget template below on separate sheet. If new Project Budget Form
is created, write “See Attached” in Line No. 1 below.)
For Applicant Use For staff use only
Line
Item No.
Improvement(s) Item Description
(Including construction materials, labor,
permitting, other fees, etc.)
Improvement(s)
Cost Amount
Line Item Eligible for
Grant Consideration
Yes/No
Cost Amount
Eligible for
Grant
1 $ $
2 $ $
3 $ $
4 $ $
5 $ $
6 $ $
7 $ $
8 $ $
9 $ $
10 $ $
11 $ $
12 $ $
13 $ $
14 $ $
15 $ $
16 $ $
17 $ $
Total Improvement(s) Cost Amount $
Total Cost Amount
Eligible for Grant
Consideration
$
Line No. For Staff Use Only
1 Total Cost Amount Eligible for Grant Consideration (from “Attachment A” above and/or from
attached contractor estimates/quotes. $
2 Amount of Grant Requested under this program (Section 9, question 5 of Application). $
3 Enter the amount with the lower monetary value from either Line No. 1 or Line No. 2. $
4 Enter required Applicant Contribution/Match (either 5%, 10%, 15%, or 20% contribution/match, see
Section 3 of Grant Program). $
5 Subtract Line No. 4 from Line No. 3 and enter amount. $
6
Enter value of eligible community service hours for contribution/match waiver, if applicable.
(See Section 3 of Grant Program for value of service hours).
Number of service hours approved by CRA Director: _________.
$
7 Add Line No. 6 to amount in Line No. 5 and enter amount. $
8 Enter amount from Line No. 7. This is eligible grant award amount to enter in approval letter: $
11
PLEASE NOTE:
For multiple signers: This Application may be executed in one or more counterparts, each of
which when executed and delivered, shall be an original, but all such counterparts shall
constitute one and the same instrument.
I ACKNOWLEDGE THAT I HAVE RECEIVED AND UNDERSTAND THE GRANT GUIDELINES
HEREIN ABOVE STATED. IN ADDITION, BY EXECUTING THIS APPLICATION, I
ACKNOWLEDGE THAT I AM LAWFULLY AUTHORIZED TO EXECUTE THIS APPLICATION
AND THAT ALL INFORMATION AND STATEMENTS CONTAINED HEREIN AND ON ANY
ATTACHEMENTS ARE TRUE, CORRECT, AND COMPLETE.
Applicant Signature Printed Name
Date
STATE OF FLORIDA )
COUNTY OF PINELLAS )
The foregoing instrument was acknowledged before me by means * physical presence or *
online notarization, this ___ day of , 2025 by ____________, who *
is/are personally known to me or * who has/have produced a driver’s license as identification.
_____________________________________
Notary Public, State of Florida
(NOTARIAL SEAL) Name of Notary:
My Commission Expires:
My Commission No.:
Mail or hand deliver completed application form to:
Community Redevelopment Agency
City of Clearwater / 600 Cleveland Street, Suite 600 / Clearwater, FL 33755
For question call the Community Redevelopment Department at 727-562-4039
12
SECTION 10 – ELIGIBLE CRA AREA MAP
Cover Memo
City of Clearwater Main Library - Council
Chambers
100 N. Osceola Avenue
Clearwater, FL 33755
File Number: ID#25-0320
Agenda Date: 4/28/2025 Status: PassedVersion: 1
File Type: Action ItemIn Control: Community Redevelopment Agency
Agenda Number: 4.3
SUBJECT/RECOMMENDATION:
Approve recommended changes to the North Greenwood Commercial Grant Program and authorize the
appropriate officials to execute same.
SUMMARY:
Staff recommends updating the North Greenwood Commercial Grant Program with the proposed outlined
changes below. These updates aim to create a smoother grant process for all stakeholders. On April 7,
2025, these recommended changes were presented to the North Greenwood Community Advisory Board
and received approval to proceed to the CRA Trustees for consideration
Recommended Updates:
·Add language to allow community service hours waived, be added back to the total grant amount, not
to exceed $75,000 - to provide clarity to the language of the grant program. (Page 4, under Community
Service Credit)
·Remove the requirement for certain CPTED improvements to be approved by the Police Department.
(Page 5, under Exterior Improvements, #14)
·Remove language under ineligible for assistance: “Improvements covered under the City’s Façade
Improvement Program.” (Page 6, under ineligible for assistance, #2)
o This change allows applicants greater flexibility in accessing funding for a broader range of eligible
projects, reducing barriers and streamlining support for property enhancements
·Remove the provision requiring grants exceeding $30,000 to be approved or denied by the Trustees.
(Page 6, section 6, #2)
·Add language stating that for grant funding up to $75,000, the CRA Director will approve or deny the
application.
·Add language to state this grant program can be used as Owner Equity to satisfy the Owner Funding
requirements of other city-managed financial assistance programs. (Page 7, #12)
o This change enhances applicant leverage by allowing CRA grant funds to be used as Owner Equity
toward meeting funding requirements for other city-managed financial programs, thereby increasing access
to broader financial resources.
·Updated Notary
·Updated the Project Detail Budget form
·Additional Formatting
These updates will improve customer service, enhance clarity, and remove barriers for applicants.
STRATEGIC PRIORITY:
1.5 Embrace a culture of innovation that drives continuous improvement and successfully serves all our
customers.
3.1 Support neighborhood identity through services and programs that empower community pride and
belonging.
Page 1 City of Clearwater Printed on 7/22/2025
COMMERICAL GRANT
PROGRAM
&
APPLICATION FORM
City of Clearwater Community Redevelopment Agency
North Greenwood Community Redevelopment Area
1
Commercial Grant Program & Application Form
Approved by the CRA Trustees on July 15, 2024
TABLE OF CONTENTS
SECTION 1 – PROGRAM OVERVIEW ........................................................................................................ 2
SECTION 2 – PURPOSE AND INTENT ....................................................................................................... 2
SECTION 3 – AVAILABLE ASSISTANCE .................................................................................................... 3
SECTION 4 – ELIGIBLE PROPERTY AND APPLICANT ............................................................................ 4
SECTION 5 – ELIGIBLE IMPROVEMENTS ................................................................................................. 5
SECTION 6 – REQUIREMENTSS, REVIEW & APPROVAL PROCESS ..................................................... 6
SECTION 7 – DISBURSEMENT POLICY AND PROCEDURE ................................................................... 7
SECTION 8 – GRANT EXPIRATION ............................................................................................................ 8
SECTION 9 – ALTERATIONS AND MAINTENANCE .................................................................................. 8
SECTION 10 – COMPLIANCE WITH THE CITY OF CLEARWATER ETHICS CODE ................................ 8
SECTION 11 – APPLICATION ..................................................................................................................... 9
SECTION 12 – ELIGIBLE CRA AREA MAP ............................................................................................... 12
SECTION 13 – ATTACHMENT A – PROJECT BUDGET .......................................................................... 13
2
COMMERCIAL GRANT PROGRAM
The Program provides a grant up to $75,000.
SECTION 1 – PROGRAM OVERVIEW
The Commercial Grant Program (Program) is designed to promote reinvestment in business
development and incentivize commercial property owners and business owners located within
the North Greenwood Community Redevelopment Area (NGCRA) to make building, structural,
and site improvements to their property. In addition, the Program will aid to create a positive
visual impact on the image and character of the community. The Program aims to strengthen
local businesses – improving their competitiveness, productivity, capacity, job creation abilities –
and promotes a business-friendly atmosphere.
SECTION 2 – PURPOSE AND INTENT
The purpose of the Program is to support the implementation of the adopted Community
Redevelopment Area Plan (Plan) for the North Greenwood Community Redevelopment Area in
accordance with the Florida Community Redevelopment Act of 1969. Sections 163.330, et seq.,
Florida Statutes, by:
1) Carrying out plans for a program of voluntary or compulsory repair and rehabilitation of
buildings or other improvements in accordance with the community redevelopment plan
(Sections 163.370(2)(c)(5), Florida Statutes).
2) All plan recommendations must be implemented in, or benefit residents and businesses
located in this defined area (NGCRA boundary) (Plan Section 2.5, Establishment of CRA
Boundaries, page 9).
3) Encourage commercial or mixed-use development along North Martin Luther King Jr.
Avenue (Plan Section 2.6, Public Engagement and Outreach, page 85).
4) Encourage commercial development along Pinellas Trail (Plan Section 2.6, Public
Engagement and Outreach, page 85).
5) Increase access to high paying jobs for the residents of the North Greenwood CRA both
within and outside of the area through workforce development, business assistance
programs, and support for entrepreneurs (Plan Section 3.2 Goals & Objectives, Goal 3
Poverty Reduction, page 93). (NGCRA funds are only applicable within the NGCRA
boundary.)
6) Develop a grant program to fund improvements to commercial buildings, to establish
new businesses, and reduce blight in the North Martin Luther King, Jr. Avenue
commercial corridor (Plan Section 4.5, Plan Implementation, Table 15, Goal 3 Policy
Implementation: Poverty Reduction, page 138).
7) Creating value for the North Greenwood Community Redevelopment Area by (themes
stressed throughout the Plan):
a. Promoting a business, consumer, family and resident friendly atmosphere;
b. Creating more dining, retail, and entertainment opportunities;
c. Creating additional employment opportunities;
3
d. Promoting infill and adaptive reuse of properties;
e. Incentivizing property owners to enhance the value of their respective property;
f. Encouraging private investment in the improvement of commercial properties;
g. Reducing vacancies in commercial buildings; and
h. Increasing the functionality of existing buildings.
It is the intent of this Program to attract or improve the following types of businesses to the CRA
(not limited to the following):
Retail;
Restaurants and food services (e.g., full-service sit-down restaurants, fast food
restaurants, buffet or cafeteria restaurants, coffeehouse/shops with food component,
cafes, bistros, delicatessens, bakeries, grocery stores, etc.);
Micro-brewery;
Personal services (e.g., barber, salons, beauty shops, tailors, childcare, etc.);
Art studios and galleries;
Co-working space; and
Professional offices.
In addition, it is the intent of this Program to incentivize improvements to the area that go
beyond what is required by the City’s development codes to enhance the form, function, and
design quality of the redevelopment area. It is not the intent of the CRA to engage in any
rehabilitation activity that requires vacating property or displacing any business establishments
or residents from property. Moreover, it is not the intent of this Program to assist in the
development of new construction projects on vacant land. Rather, it is to rehabilitate and
enhance area commercial structures exhibiting deterioration and decline.
SECTION 3 – AVAILABLE ASSISTANCE
The Program provides a grant up to $75,000 to assist applicants with improvements to
commercial properties. To qualify for Program grant funds, the Applicant must match the grant
amount by the percentage amount listed in Table 1 below, or greater investment, of
private funds or other verifiable grant funds for the rehabilitation and restoration of a
qualifying commercial property located within the NGCRA. The grant is a reimbursement grant
to the Applicant, unless otherwise approved by the CRA Director to pay an approved licensed
contractor/vendor directly, no more than one payment within a 30-day period.
Legacy Credit: Applicants may qualify for a “Legacy Credit” which rewards long-term business
owners located within the NGCRA. The credit works alongside the grant. The credit can reduce
the match all the way down to zero. The Applicant will match the grant amount by the
percentages listed below (must provide proof of matching funds prior to grant approval):
Table 1 Business Owner Grant Match Responsibility
Years of Business Ownership at Property Match Responsibility %
Less than 5 (no Legacy Credit) 40%
5 30%
10 20%
15 10%
20 or more 0%
4
Community Service Credit: In addition, up to 50% of Applicant’s match may be waived at the
rate of one hour of community service per $300 of approved grant amount and be added back
to the grant amount not to exceed $75,000. (Community Service must be performed by
Applicant within the NGCRA boundary and through a tax-exempt not-for-profit
organization recognized by the CRA or City of Clearwater. Community service must be
performed without pay or compensation from the organization, and service must be
performed in full hour increments rounding up to the nearest whole hour. Scope of
community service must be pre-approved by the CRA Director, prior to commencement.
In addition, said community service must be performed prior to release of grant funds.)
SECTION 4 – ELIGIBLE PROPERTY AND APPLICANT
To be eligible for the Program, the Applicant must meet all the following qualifications:
Must be the owner* of the subject property.
The business must be an allowable use on the subject property in accordance with the
City’s Land and Building Development Regulations/Codes.
Must be current in all property taxes and City of Clearwater (City) business fees.
Must be in good standing with the city (no outstanding code enforcement or building
code violations). This requirement may be waived by the CRA Director if the work
proposed under this application will remediate all code violations.
Property must be free of code enforcement liens or other City liens.
The business or new proposed business on the property must be an independently
owned and operated local business.
If the business is an independently owned and operated franchise, other franchise
locations associated with the same brand must ONLY be located within the municipal
boundary of the city.
o The proposed business on the property must make independent decisions
regarding its name, signage, brand, appearance, purchasing practices, hiring,
and distribution, and must be solely responsible for paying its own mortgage,
rent, marketing, and other business expenses without assistance from a
corporate headquarters outside of the City limits.
*The owner of the Property (Owner) shall be the Applicant, unless the Owner authorizes a
business owner occupying the property by a valid lease to undertake improvements on the
property. Owner means a holder of any legal or equitable estate in the premises, whether alone
or jointly with others and whether in possession or not shall include all individuals, associations,
partnerships, corporations, limited liability companies and others who have interest in a
structure and any who are in possession or control thereof as agent of the owner, as executor,
administrator, trustee, or guardian of the estate of the owner. No Owner shall receive more than
$75,000 in total CRA grant value across all CRA grant programs within a 12-month rolling year.
For the purposes of this application, the total CRA grant value that an Owner has received over
such period shall be the combined value, in the 12 month period immediately preceding the
submission of an application for this program, of: (1) the amount of CRA grant funds that the
applicant has received; (2) the amount of CRA grant funds that any holder of legal title in the
subject property other than the applicant has received; and (3) if a business entity holds legal
title in the subject property, the total amount of CRA grant funds received by any directors,
members, partners, shareholders, any others with an ownership interest in such entity, and any
others able to exert managerial control over or direct the affairs of said entity.
5
SECTION 5 – ELIGIBLE IMPROVEMENTS
The following improvements or related items may be eligible for Program assistance:
Interior Improvements:
1) Electrical/plumbing upgrades and utility connections;
2) Grease traps/interceptors;
3) Venting, HVAC, mechanical systems, and water heaters;
4) Sprinkler/fire suppression systems, firewalls, life safety improvements;
5) Certain fixed solid waste and recycling management systems;
6) American with Disabilities Act (ADA) systems;
7) Internal structural stabilization systems (e.g., repair and replacement of load bearing
walls, columns, beams/girders, joist, etc.);
8) Interior walls (including drywall), ceilings, floors, doors, and molding;
9) Interior paint;
10) Wall insulation;
11) Certain permanent bathroom and kitchen counter tops, cabinets, sinks;
12) Interior historical restoration; or
13) Other permanent improvements may be submitted for consideration but must
demonstrate that the improvement meets the intent of this grant program.
Exterior Improvements:
1) The repair of exterior walls;
2) Roof repairs or replacement, including facia board, soffits, and gutters;
3) *Decorative fencing;
4) Exterior repainting;
5) Exterior windows and/or doors;
6) Exterior signage;
7) Awnings or canopies over windows or walkways, including shutters, seating areas;
8) The installation, repair, or renovation of porches, patios, plazas;
9) The installation, repair, or renovation of pathways and sidewalks;
10) The installation of decorative lighting, and security lighting;
11) Parking area and driveway improvements;
12) Stormwater drainage improvements for properties with a history of flooding;
13) Bicycle racks, shade areas, benches, or other pedestrian amenities;
14) Certain Crime Prevention Through Environmental Design (CPTED) improvements;
15) ADA accessibility improvements;
16) The removal of deteriorated or undesirable exterior alterations;
17) The installation of landscaping and irrigation systems, not to exceed twenty percent
(20%) of the total grant amount; or
18) Other permanent improvements may be submitted for consideration but must
demonstrate that the improvement meets the intent of this grant program.
*Chain link fencing, with or without slats, wooden stockade, board on board, and wooden picket
fencing are not eligible for the Program.
Other Eligible Items:
1) Predevelopment Cost (architecture, engineering fees, other as approved by CRA
Director) up to $5,000.
The following are ineligible for assistance:
6
1) Past site or building improvements that were completed six months prior to the approval
of this application or completed under unrelated permits to the project permit issued by
the city for improvements identified under this application.
a. Only improvements listed in the itemized budget submitted as part of this
application will be considered for approval.
2) Non-permanent improvements such as, but not limited to, kitchen appliances (e.g.,
stoves, refrigerators, dishwashers, etc.), carpet, furniture, and window blinds;
3) Bars, clubs, and taverns (as defined by the City’s Land Development Code);
4) Assistance to businesses located in residential homes.
5) Repairs to unsafe or substandard structures that cannot be made safe for tenant
occupancy with Program funds.
6) Repairs covered by insurance.
7) Non-permanent improvements.
8) Installation of window or door security bars.
9) Refinancing existing debts, business operational cost, payroll, etc.
10) Mobile Vendors.
11) Not-for-profit entities.
SECTION 6 – REQUIREMENTS, REVIEW & APPROVAL PROCESS
1) All statements and representations made in the application must be correct in all
material respects when made.
2) Grant funding request up to $75,000 – completed applications that meet all the Program
requirements will be reviewed by the CRA Director. The CRA Director will approve or
deny applications based on the criteria set forth in this document.
3) Applicants must schedule an appointment with the Community Redevelopment Agency
Department staff prior to applying. The Community Redevelopment Agency Department
(Department) is located at 600 Cleveland Street, Suite 600, Clearwater, Florida 33755.
To schedule an appointment, contact staff at 727-562-4039. Applications will be received
on an ongoing basis.
4) If applicable, fully executed, and notarized copy of the Owners’ Affidavit form, including
property description and property address. If the forms are prepared and signed by a
representative of the Owner, a legal Power-of-Attorney document must be submitted
with the application.
5) Applicants must submit, as part of the application, design plans and floorplan accurately
delineating the square footage of the improvement area within the commercial structure.
6) Digital photographs of the existing structure, interior and exterior, must be provided with
application.
7) An estimated itemized/detailed budget must be provided on the budget form in the
application.
7
8) Work required to be performed by licensed contractors. Applicant must provide, as
attachments, three quotes from contractors and copies of their licenses. Quotes to
include complete description of materials to be used.
If work is performed by non-licensed workers, then only materials purchased will
be eligible for grant funds, unless the work performed was required to be
performed by a licensed individual per City codes.
9) Portions of the project costs not funded by the requested grant must be provided by
Owner funding. Owner must demonstrate their source of the Owner Funding and their
ability to meet the financial obligations of the Program. Owner funding may consist of
bank loans, lines of credit, grants, and owned assets (Owner Equity), etc.
10) Proceeds from other City-managed financial assistance programs may be used as
Owner Equity to satisfy the Owner Funding requirements of this Program and may be
used to assist with funding of remaining portion of larger improvement project. Grant
funds can be used as Owner Equity to satisfy the Owner Funding requirements of other
City-managed financial assistance programs.
11) Staff will review the application for completeness, which includes all required
attachments and requested data. A post-application submittal conference will be held
with the Applicant to discuss any issues or deficiencies with the application.
12) Incomplete applications will not be considered submitted until all required documentation
has been submitted to Community Redevelopment Agency Department staff. Submittal
of an application does not guarantee a grant award.
13) The Applicant will be required to obtain quotes/estimates from licensed
contractors/design professionals for eligible improvements and submit said
quotes/estimates as part of the grant application submission.
14) All construction/design contracts will be between the Applicant and the contractor or
design professional.
SECTION 7 – DISBURSEMENT POLICY AND PROCEDURE
Grant funds will, unless otherwise approved by the CRA Director to allow initial project deposits
or other necessary draws, up to fifty percent of the grant amount, to be paid directly to a
City/CRA approved licensed contractor/vendor, be disbursed upon a “Finding of Project
Completion” by CRA Director. A “Finding of Project Completion” will be granted when the
following criteria are met:
1) Applicant must demonstrate their ability to meet the financial match/obligations of the
Program and any required community service has been completed by qualifying
applicants.
2) Requests for disbursement of project costs will be viewed as a single, completed
package, unless prior disbursement of funds arrangements have been made to pay
licensed contractors directly (no more than one payment within a 30-day period). Costs
not included in the approved application budget will not be considered for disbursement.
8
3) Required documentation for disbursement of project costs must include:
a) Copies of cancelled checks, certified checks or money orders of project costs, or
credit card statements of project cost;
b) Detailed invoices and paid receipts signed, dated, and marked “paid in full;”
c) Name, address, telephone number of design professional(s), general contractor, etc.;
d) Photographs of the project (before and after photos).
4) The Applicant must have obtained all necessary/required permits (e.g. zoning and
building), passed all required inspections, and prior to final disbursement of funds
received (if relevant) notice, in the form of a Certificate of Occupancy or Certificate of
Completion for the project demonstrating the legal occupancy of the project area. Any
work performed without a permit that required a permit will not be eligible for
grant funding.
5) The CRA disburses funds to grant recipients within 30 days of fully completed
reimbursement request.
SECTION 8 – GRANT EXPIRATION
Applicants must receive a “Finding of Project Completion” within 365 calendar days from the
date of application approval. After the said 365 days, the grant will expire. An extension for the
grant funds may be granted by the CRA Director for a good cause. It is the responsibility of the
Applicant to request an extension of the grant approval before the expiration date.
SECTION 9 – ALTERATIONS AND MAINTENANCE
The improvements will be maintained in accordance with City policies, codes and any other
applicable requirements identified by the City, CRA, or other agencies for a period not less than
three years, or upon written approval by CRA Director.
SECTION 10 – COMPLIANCE WITH THE CITY OF CLEARWATER ETHICS CODE
The applicant will comply with all applicable City rules and regulations including the City's Ethics
Codes. Moreover, each applicant to the Program acknowledges and understands that the City's
Ethics Code prohibit City employees from receiving any benefit, direct or indirect, from any
contract or obligation entered with the City.
9
SECTION 11 – APPLICATION
COMMERCIAL GRANT PROGRAM
1) Applicant (Property Owner)
Entity Name (if any):
Full Legal Name and Title (if any):
Mailing Address:
City/State/Zip:
Phone Number: E-mail Address:
Web Site (if available):
2) Authorized Agent (If applicable)
Entity Name (if any):
Full Legal Name and Title (if any):
Mailing Address:
City/State/Zip:
Phone Number: E-mail Address:
3) Subject Property/Location of Proposed Project
Address commonly known as:
Parcel Identification Number(s) or Folio Number(s):
Property is designated as a Local Historic Landmark: Yes ___ No ___
4) Project description, scope of work to be performed, sketch plans and specifications
detailing the scope of work (provide attachment if needed). Applicant understands
that depending on the project, certain City Departments may require additional
documentation, plans, etc. to properly review and approve the proposed project
described in this application.
Case Number:
10
5) Describe existing uses and conditions on the property (include photographs as
attachments):
6) Financial Disclosure
Amount of Grant Requested: $
Project Budget – Sources/Uses of Funds (complete Attachment A: Project Budget)
Owner Equity
(Applicant’s contribution verified by
staff):
$
Other Funds: $
Grant Request: $
Total Project Funding: $
My Property Is up to date with taxes, fees, and complies with City codes and regulations:
Yes____ No ____
If the Applicant has received loan or grant assistance from a city-managed financial
assistance program for a project at this address, please specify the program(s) and the
loan/grant amount(s).
1. $
2. $
PLEASE NOTE: Grants are awarded on a first come, first qualified basis until funds have
been depleted.
I UNDERSTAND THAT IN ORDER FOR MY REQUEST FOR GRANT FUNDING TO BE
APPROVED, I MUST AGREE TO THE FOLLOWING CONDITIONS:
1) To adhere to the application procedures and guidelines as specified.
2) That additional improvements or changes not approved in the original grant application
will not be funded by the CRA.
11
3) That disbursement of grant funds will only occur after:
a) All improvements have been completed or as otherwise approved by the CRA Director;
b) Inspections of the improvements are approved by the appropriate City Officials or other
required authorities, if any; and
c) Proof of payment, as described in this document, for project costs approved in the
grant application.
I ACKNOWLEDGE THAT I HAVE RECEIVED AND UNDERSTAND THE GRANT GUIDELINES
HEREIN ABOVE STATED. IN ADDITION, BY EXECUTING THIS APPLICATION, I
ACKNOWLEDGE THAT I AM LAWFULLY AUTHORIZED TO EXECUTE THIS APPLICATION.
Entity Name (if any)
Applicant Signature Printed Name and Title (if any)
Date
STATE OF FLORIDA )
COUNTY OF PINELLAS )
The foregoing instrument was acknowledged before me by means * physical presence or *
online notarization, this ___ day of , 2025 by ____________, who *
is/are personally known to me or * who has/have produced a driver’s license as identification.
_____________________________________
Notary Public, State of Florida
(NOTARIAL SEAL) Name of Notary:
My Commission Expires:
My Commission No.:
Mail or hand deliver completed application form to:
Community Redevelopment Agency
City of Clearwater / 600 Cleveland Street, Suite 600 / Clearwater, FL 33755
For question call the Community Redevelopment Department at 727-562-4039
12
SECTION 13 – ELIGIBLE CRA AREA MAP
13
SECTION 12 – ATTACHMENT A – PROJECT BUDGET
Attachment A - Project Budget Form
(Attach contractor/vendor estimates/quotes for consistency verification of items listed below. Contractor/vendor
estimates/quotes improvement item descriptions and cost will supersede if improvement item descriptions and cost
are listed different below. If more project budget form lines are need, Applicant may duplicate budget template below
on separate sheet. If new Project Budget Form is created, write “See Attached” in Line No. 1 below.)
For Applicant Use For staff use only
Line Item
No.
Improvement(s) Item Description
(Including construction materials, labor,
permitting, other fees, etc.)
Improvement(s)
Cost Amount
Line Item Eligible for
Grant Consideration
Yes/No
Cost Amount
Eligible for
Grant
1 $ $
2 $ $
3 $ $
4 $ $
5 $ $
6 $ $
7 $ $
8 $ $
9 $ $
10 $ $
11 $ $
12 $ $
13 $ $
14 $ $
15 $ $
16 $ $
17 $ $
Total Improvement(s) Cost Amount $ Total Cost Amount
Eligible for Grant
Consideration $
Line No. For Staff Use Only
1 Total Cost Amount Eligible for Grant Consideration (from “Attachment A” above and/or
from attached contractor estimates/quotes. $
2 Amount of Grant Requested under this program (Section 9, question 5 of Application). $
3 Enter the amount with the lower monetary value from either Line No. 1 or Line No. 2. $
4 Enter required Applicant Contribution/Match contribution/match, see Section 3 of Grant
Program). $
5 Subtract Line No. 4 from Line No. 3 and enter amount. $
6
Enter value of eligible community service hours for contribution/match waiver, if
applicable.
(See Section 3 of Grant Program for value of service hours).
Number of service hours approved by CRA Director: _________.
$
7 Add Line No. 6 to amount in Line No. 5 and enter amount. $
8 Enter amount from Line No. 7. This is eligible grant award amount to enter in
approval letter: $
14
Authorized Signature: Date:
COMMERICAL GRANT
PROGRAM
&
APPLICATION FORM
City of Clearwater Community Redevelopment Agency
North Greenwood Community Redevelopment Area
1
Commercial Grant Program & Application Form
Approved by the CRA Trustees on July 15, 2024
TABLE OF CONTENTS
SECTION 1 – PROGRAM OVERVIEW ........................................................................................................ 2
SECTION 2 – PURPOSE AND INTENT ....................................................................................................... 2
SECTION 3 – AVAILABLE ASSISTANCE .................................................................................................... 3
SECTION 4 – ELIGIBLE PROPERTY AND APPLICANT ............................................................................ 4
SECTION 5 – ELIGIBLE IMPROVEMENTS ................................................................................................. 5
SECTION 6 – REQUIREMENTS, REVIEW & APPROVAL PROCESS ....................................................... 6
SECTION 7 – DISBURSEMENT POLICY AND PROCEDURE ................................................................... 7
SECTION 8 – GRANT EXPIRATION ............................................................................................................ 8
SECTION 9 – ALTERATIONS AND MAINTENANCE .................................................................................. 8
SECTION 10 – COMPLIANCE WITH THE CITY OF CLEARWATER ETHICS CODE ................................ 8
SECTION 11 – APPLICATION ..................................................................................................................... 9
SECTION 12 – ATTACHMENT A – PROJECT BUDGET .......................................................................... 12
SECTION 13 – ELIGIBLE CRA AREA MAP ............................................................................................... 13
2
COMMERCIAL GRANT PROGRAM
The Program provides a grant up to $75,000.
SECTION 1 – PROGRAM OVERVIEW
The Commercial Grant Program (Program) is designed to promote reinvestment in business
development and incentivize commercial property owners and business owners located within
the North Greenwood Community Redevelopment Area (NGCRA) to make building, structural,
and site improvements to their property. In addition, the Program will aid to create a positive
visual impact on the image and character of the community. The Program aims to strengthen
local businesses – improving their competitiveness, productivity, capacity, job creation abilities –
and promotes a business-friendly atmosphere.
SECTION 2 – PURPOSE AND INTENT
The purpose of the Program is to support the implementation of the adopted Community
Redevelopment Area Plan (Plan) for the North Greenwood Community Redevelopment Area in
accordance with the Florida Community Redevelopment Act of 1969. Sections 163.330, et seq.,
Florida Statutes, by:
1) Carrying out plans for a program of voluntary or compulsory repair and rehabilitation of
buildings or other improvements in accordance with the community redevelopment plan
(Sections 163.370(2)(c)(5), Florida Statutes).
2) All plan recommendations must be implemented in, or benefit residents and businesses
located in this defined area (NGCRA boundary) (Plan Section 2.5, Establishment of CRA
Boundaries, page 9).
3) Encourage commercial or mixed-use development along North Martin Luther King Jr.
Avenue (Plan Section 2.6, Public Engagement and Outreach, page 85).
4) Encourage commercial development along Pinellas Trail (Plan Section 2.6, Public
Engagement and Outreach, page 85).
5) Increase access to high paying jobs for the residents of the North Greenwood CRA both
within and outside of the area through workforce development, business assistance
programs, and support for entrepreneurs (Plan Section 3.2 Goals & Objectives, Goal 3
Poverty Reduction, page 93). (NGCRA funds are only applicable within the NGCRA
boundary.)
6) Develop a grant program to fund improvements to commercial buildings, to establish
new businesses, and reduce blight in the North Martin Luther King, Jr. Avenue
commercial corridor (Plan Section 4.5, Plan Implementation, Table 15, Goal 3 Policy
Implementation: Poverty Reduction, page 138).
7) Creating value for the North Greenwood Community Redevelopment Area by (themes
stressed throughout the Plan):
a. Promoting a business, consumer, family and resident friendly atmosphere;
b. Creating more dining, retail, and entertainment opportunities;
c. Creating additional employment opportunities;
3
d. Promoting infill and adaptive reuse of properties;
e. Incentivizing property owners to enhance the value of their respective property;
f. Encouraging private investment in the improvement of commercial properties;
g. Reducing vacancies in commercial buildings; and
h. Increasing the functionality of existing buildings.
It is the intent of this Program to attract or improve the following types of businesses to the CRA
(not limited to the following):
• Retail;
• Restaurants and food services (e.g., full-service sit-down restaurants, fast food
restaurants, buffet or cafeteria restaurants, coffeehouse/shops with food component,
cafes, bistros, delicatessens, bakeries, grocery stores, etc.);
• Micro-brewery;
• Personal services (e.g., barber, salons, beauty shops, tailors, childcare, etc.);
• Art studios and galleries;
• Co-working space; and
• Professional offices.
In addition, it is the intent of this Program to incentivize improvements to the area that go
beyond what is required by the City’s development codes to enhance the form, function, and
design quality of the redevelopment area. It is not the intent of the CRA to engage in any
rehabilitation activity that requires vacating property or displacing any business establishments
or residents from property. Moreover, it is not the intent of this Program to assist in the
development of new construction projects on vacant land. Rather, it is to rehabilitate and
enhance area commercial structures exhibiting deterioration and decline.
SECTION 3 – AVAILABLE ASSISTANCE
The Program provides a grant up to $75,000 to assist applicants with improvements to
commercial properties. To qualify for Program grant funds, the Applicant must match the grant
amount by the percentage amount listed in Table 1 below, or greater investment, of
private funds or other verifiable grant funds for the rehabilitation and restoration of a
qualifying commercial property located within the NGCRA. The grant is a reimbursement grant
to the Applicant, unless otherwise approved by the CRA Director to pay an approved licensed
contractor/vendor directly, no more than one payment within a 30-day period.
Legacy Credit: Applicants may qualify for a “Legacy Credit” which rewards long-term business
owners located within the NGCRA. The credit works alongside the grant. The credit can reduce
the match all the way down to zero. The Applicant will match the grant amount by the
percentages listed below (must provide proof of matching funds prior to grant approval):
Table 1 Business Owner Grant Match Responsibility
Years of Business Ownership at Property Match Responsibility %
Less than 5 (no Legacy Credit) 40%
5 30%
10 20%
15 10%
20 or more 0%
4
Community Service Credit: In addition, up to 50% of Applicant’s match may be waived at the
rate of one hour of community service per $300 of approved grant amount and be added back
to the grant amount not to exceed $75,000. (Community Service must be performed by
Applicant within the NGCRA boundary and through a tax-exempt not-for-profit
organization recognized by the CRA or City of Clearwater. Community service must be
performed without pay or compensation from the organization, and service must be
performed in full hour increments rounding up to the nearest whole hour. Scope of
community service must be pre-approved by the CRA Director, prior to commencement.
In addition, said community service must be performed prior to release of grant funds.)
SECTION 4 – ELIGIBLE PROPERTY AND APPLICANT
To be eligible for the Program, the Applicant must meet all the following qualifications:
• Must be the owner* of the subject property.
• The business must be an allowable use on the subject property in accordance with the
City’s Land and Building Development Regulations/Codes.
• Must be current in all property taxes and City of Clearwater (City) business fees.
• Must be in good standing with the city (no outstanding code enforcement or building
code violations). This requirement may be waived by the CRA Director if the work
proposed under this application will remediate all code violations.
• Property must be free of code enforcement liens or other City liens.
• The business or new proposed business on the property must be an independently
owned and operated local business.
• If the business is an independently owned and operated franchise, other franchise
locations associated with the same brand must ONLY be located within the municipal
boundary of the city.
o The proposed business on the property must make independent decisions
regarding its name, signage, brand, appearance, purchasing practices, hiring,
and distribution, and must be solely responsible for paying its own mortgage,
rent, marketing, and other business expenses without assistance from a
corporate headquarters outside of the City limits.
*The owner of the Property (Owner) shall be the Applicant, unless the Owner authorizes a
business owner occupying the property by a valid lease to undertake improvements on the
property. Owner means a holder of any legal or equitable estate in the premises, whether alone
or jointly with others and whether in possession or not shall include all individuals, associations,
partnerships, corporations, limited liability companies and others who have interest in a
structure and any who are in possession or control thereof as agent of the owner, as executor,
administrator, trustee, or guardian of the estate of the owner. No Owner shall receive more than
$75,000 in total CRA grant value across all CRA grant programs within a 12-month rolling year.
For the purposes of this application, the total CRA grant value that an Owner has received over
such period shall be the combined value, in the 12 month period immediately preceding the
submission of an application for this program, of: (1) the amount of CRA grant funds that the
applicant has received; (2) the amount of CRA grant funds that any holder of legal title in the
subject property other than the applicant has received; and (3) if a business entity holds legal
title in the subject property, the total amount of CRA grant funds received by any directors,
members, partners, shareholders, any others with an ownership interest in such entity, and any
others able to exert managerial control over or direct the affairs of said entity.
5
SECTION 5 – ELIGIBLE IMPROVEMENTS
The following improvements or related items may be eligible for Program assistance:
Interior Improvements:
1) Electrical/plumbing upgrades and utility connections;
2) Grease traps/interceptors;
3) Venting, HVAC, mechanical systems, and water heaters;
4) Sprinkler/fire suppression systems, firewalls, life safety improvements;
5) Certain fixed solid waste and recycling management systems;
6) American with Disabilities Act (ADA) systems;
7) Internal structural stabilization systems (e.g., repair and replacement of load bearing
walls, columns, beams/girders, joist, etc.);
8) Interior walls (including drywall), ceilings, floors, doors, and molding;
9) Interior paint;
10) Wall insulation;
11) Certain permanent bathroom and kitchen counter tops, cabinets, sinks;
12) Interior historical restoration; or
13) Other permanent improvements may be submitted for consideration but must
demonstrate that the improvement meets the intent of this grant program.
Exterior Improvements:
1) The repair of exterior walls;
2) Roof repairs or replacement, including facia board, soffits, and gutters;
3) *Decorative fencing;
4) Exterior repainting;
5) Exterior windows and/or doors;
6) Exterior signage;
7) Awnings or canopies over windows or walkways, including shutters, seating areas;
8) The installation, repair, or renovation of porches, patios, plazas;
9) The installation, repair, or renovation of pathways and sidewalks;
10) The installation of decorative lighting, and security lighting;
11) Parking area and driveway improvements;
12) Stormwater drainage improvements for properties with a history of flooding;
13) Bicycle racks, shade areas, benches, or other pedestrian amenities;
14) Certain Crime Prevention Through Environmental Design (CPTED) improvements;
15) ADA accessibility improvements;
16) The removal of deteriorated or undesirable exterior alterations;
17) The installation of landscaping and irrigation systems, not to exceed twenty percent
(20%) of the total grant amount; or
18) Other permanent improvements may be submitted for consideration but must
demonstrate that the improvement meets the intent of this grant program.
*Chain link fencing, with or without slats, wooden stockade, board on board, and wooden picket
fencing are not eligible for the Program.
Other Eligible Items:
1) Predevelopment Cost (architecture, engineering fees, other as approved by CRA
Director) up to $5,000.
The following are ineligible for assistance:
6
1) Past site or building improvements that were completed six months prior to the approval
of this application or completed under unrelated permits to the project permit issued by
the city for improvements identified under this application.
a. Only improvements listed in the itemized budget submitted as part of this
application will be considered for approval.
2) Non-permanent improvements such as, but not limited to, kitchen appliances (e.g.,
stoves, refrigerators, dishwashers, etc.), carpet, furniture, and window blinds;
3) Bars, clubs, and taverns (as defined by the City’s Land Development Code);
4) Assistance to businesses located in residential homes.
5) Repairs to unsafe or substandard structures that cannot be made safe for tenant
occupancy with Program funds.
6) Repairs covered by insurance.
7) Non-permanent improvements.
8) Installation of window or door security bars.
9) Refinancing existing debts, business operational cost, payroll, etc.
10) Mobile Vendors.
11) Not-for-profit entities.
SECTION 6 – REQUIREMENTS, REVIEW & APPROVAL PROCESS
1) All statements and representations made in the application must be correct in all
material respects when made.
2) Grant funding request up to $75,000 – completed applications that meet all the Program
requirements will be reviewed by the CRA Director. The CRA Director will approve or
deny applications based on the criteria set forth in this document.
3) Applicants must schedule an appointment with the Community Redevelopment Agency
Department staff prior to applying. The Community Redevelopment Agency Department
(Department) is located at 600 Cleveland Street, Suite 600, Clearwater, Florida 33755.
To schedule an appointment, contact staff at 727-562-4039. Applications will be received
on an ongoing basis.
4) If applicable, fully executed, and notarized copy of the Owners’ Affidavit form, including
property description and property address. If the forms are prepared and signed by a
representative of the Owner, a legal Power-of-Attorney document must be submitted
with the application.
5) Applicants must submit, as part of the application, design plans and floorplan accurately
delineating the square footage of the improvement area within the commercial structure.
6) Digital photographs of the existing structure, interior and exterior, must be provided with
application.
7) An estimated itemized/detailed budget must be provided on the budget form in the
application.
7
8) Work required to be performed by licensed contractors. Applicant must provide, as
attachments, three quotes from contractors and copies of their licenses. Quotes to
include complete description of materials to be used.
• If work is performed by non-licensed workers, then only materials purchased will
be eligible for grant funds, unless the work performed was required to be
performed by a licensed individual per City codes.
9) Portions of the project costs not funded by the requested grant must be provided by
Owner funding. Owner must demonstrate their source of the Owner Funding and their
ability to meet the financial obligations of the Program. Owner funding may consist of
bank loans, lines of credit, grants, and owned assets (Owner Equity), etc.
10) Proceeds from other City-managed financial assistance programs may be used as
Owner Equity to satisfy the Owner Funding requirements of this Program and may be
used to assist with funding of remaining portion of larger improvement project. Grant
funds can be used as Owner Equity to satisfy the Owner Funding requirements of other
City-managed financial assistance programs.
11) Staff will review the application for completeness, which includes all required
attachments and requested data. A post-application submittal conference will be held
with the Applicant to discuss any issues or deficiencies with the application.
12) Incomplete applications will not be considered submitted until all required documentation
has been submitted to Community Redevelopment Agency Department staff. Submittal
of an application does not guarantee a grant award.
13) The Applicant will be required to obtain quotes/estimates from licensed
contractors/design professionals for eligible improvements and submit said
quotes/estimates as part of the grant application submission.
14) All construction/design contracts will be between the Applicant and the contractor or
design professional.
SECTION 7 – DISBURSEMENT POLICY AND PROCEDURE
Grant funds will, unless otherwise approved by the CRA Director to allow initial project deposits
or other necessary draws, up to fifty percent of the grant amount, to be paid directly to a
City/CRA approved licensed contractor/vendor, be disbursed upon a “Finding of Project
Completion” by CRA Director. A “Finding of Project Completion” will be granted when the
following criteria are met:
1) Applicant must demonstrate their ability to meet the financial match/obligations of the
Program and any required community service has been completed by qualifying
applicants.
2) Requests for disbursement of project costs will be viewed as a single, completed
package, unless prior disbursement of funds arrangements have been made to pay
licensed contractors directly (no more than one payment within a 30-day period). Costs
not included in the approved application budget will not be considered for disbursement.
8
3) Required documentation for disbursement of project costs must include:
a) Copies of cancelled checks, certified checks or money orders of project costs, or
credit card statements of project cost;
b) Detailed invoices and paid receipts signed, dated, and marked “paid in full;”
c) Name, address, telephone number of design professional(s), general contractor, etc.;
d) Photographs of the project (before and after photos).
4) The Applicant must have obtained all necessary/required permits (e.g. zoning and
building), passed all required inspections, and prior to final disbursement of funds
received (if relevant) notice, in the form of a Certificate of Occupancy or Certificate of
Completion for the project demonstrating the legal occupancy of the project area. Any
work performed without a permit that required a permit will not be eligible for
grant funding.
5) The CRA disburses funds to grant recipients within 30 days of fully completed
reimbursement request.
SECTION 8 – GRANT EXPIRATION
Applicants must receive a “Finding of Project Completion” within 365 calendar days from the
date of application approval. After the said 365 days, the grant will expire. An extension for the
grant funds may be granted by the CRA Director for a good cause. It is the responsibility of the
Applicant to request an extension of the grant approval before the expiration date.
SECTION 9 – ALTERATIONS AND MAINTENANCE
The improvements will be maintained in accordance with City policies, codes and any other
applicable requirements identified by the City, CRA, or other agencies for a period not less than
three years, or upon written approval by CRA Director.
SECTION 10 – COMPLIANCE WITH THE CITY OF CLEARWATER ETHICS CODE
The applicant will comply with all applicable City rules and regulations including the City's Ethics
Codes. Moreover, each applicant to the Program acknowledges and understands that the City's
Ethics Code prohibit City employees from receiving any benefit, direct or indirect, from any
contract or obligation entered with the City.
9
SECTION 11 – APPLICATION
COMMERCIAL GRANT PROGRAM
1) Applicant (Property Owner)
Entity Name (if any):
Full Legal Name and Title (if any):
Mailing Address:
City/State/Zip:
Phone Number: E-mail Address:
Web Site (if available):
2) Authorized Agent (If applicable)
Entity Name (if any):
Full Legal Name and Title (if any):
Mailing Address:
City/State/Zip:
Phone Number: E-mail Address:
3) Subject Property/Location of Proposed Project
Address commonly known as:
Parcel Identification Number(s) or Folio Number(s):
Property is designated as a Local Historic Landmark: Yes ___ No ___
4) Project description, scope of work to be performed, sketch plans and specifications
detailing the scope of work (provide attachment if needed). Applicant understands
that depending on the project, certain City Departments may require additional
documentation, plans, etc. to properly review and approve the proposed project
described in this application.
Case Number:
10
5) Describe existing uses and conditions on the property (include photographs as
attachments):
6) Financial Disclosure
Amount of Grant Requested: $
Project Budget – Sources/Uses of Funds (complete Attachment A: Project Budget)
Owner Equity
(Applicant’s contribution verified by
staff):
$
Other Funds: $
Grant Request: $
Total Project Funding: $
My Property Is up to date with taxes, fees, and complies with City codes and regulations:
Yes____ No ____
If the Applicant has received loan or grant assistance from a city-managed financial
assistance program for a project at this address, please specify the program(s) and the
loan/grant amount(s).
1. $
2. $
PLEASE NOTE: Grants are awarded on a first come, first qualified basis until funds have
been depleted.
I UNDERSTAND THAT IN ORDER FOR MY REQUEST FOR GRANT FUNDING TO BE
APPROVED, I MUST AGREE TO THE FOLLOWING CONDITIONS:
1) To adhere to the application procedures and guidelines as specified.
2) That additional improvements or changes not approved in the original grant application
will not be funded by the CRA.
11
3) That disbursement of grant funds will only occur after:
a) All improvements have been completed or as otherwise approved by the CRA Director;
b) Inspections of the improvements are approved by the appropriate City Officials or other
required authorities, if any; and
c) Proof of payment, as described in this document, for project costs approved in the
grant application.
I ACKNOWLEDGE THAT I HAVE RECEIVED AND UNDERSTAND THE GRANT GUIDELINES
HEREIN ABOVE STATED. IN ADDITION, BY EXECUTING THIS APPLICATION, I
ACKNOWLEDGE THAT I AM LAWFULLY AUTHORIZED TO EXECUTE THIS APPLICATION.
Entity Name (if any)
Applicant Signature Printed Name and Title (if any)
Date
STATE OF FLORIDA )
COUNTY OF PINELLAS )
The foregoing instrument was acknowledged before me by means * physical presence or *
online notarization, this ___ day of , 2025 by ____________, who *
is/are personally known to me or * who has/have produced a driver’s license as identification.
_____________________________________
Notary Public, State of Florida
(NOTARIAL SEAL) Name of Notary:
My Commission Expires:
My Commission No.:
Mail or hand deliver completed application form to:
12
SECTION 12 – ATTACHMENT A – PROJECT BUDGET
Attachment A - Project Budget Form
(Attach contractor/vendor estimates/quotes for consistency verification of items listed below. Contractor/vendor
estimates/quotes improvement item descriptions and cost will supersede if improvement item descriptions and cost
are listed different below. If more project budget form lines are need, Applicant may duplicate budget template below
on separate sheet. If new Project Budget Form is created, write “See Attached” in Line No. 1 below.)
For Applicant Use For staff use only
Line Item
No.
Improvement(s) Item Description
(Including construction materials, labor,
permitting, other fees, etc.)
Improvement(s)
Cost Amount
Line Item Eligible for
Grant Consideration
Yes/No
Cost Amount
Eligible for
Grant
1 $ $
2 $ $
3 $ $
4 $ $
5 $ $
6 $ $
7 $ $
8 $ $
9 $ $
10 $ $
11 $ $
12 $ $
13 $ $
14 $ $
15 $ $
16 $ $
17 $ $
Total Improvement(s) Cost Amount $ Total Cost Amount
Eligible for Grant
Consideration $
Line No. For Staff Use Only
1 Total Cost Amount Eligible for Grant Consideration (from “Attachment A” above and/or
from attached contractor estimates/quotes. $
2 Amount of Grant Requested under this program (Section 9, question 5 of Application). $
3 Enter the amount with the lower monetary value from either Line No. 1 or Line No. 2. $
4 Enter required Applicant Contribution/Match contribution/match, see Section 3 of Grant
Program). $
5 Subtract Line No. 4 from Line No. 3 and enter amount. $
6
Enter value of eligible community service hours for contribution/match waiver, if
applicable.
(See Section 3 of Grant Program for value of service hours).
Number of service hours approved by CRA Director: _________.
$
7 Add Line No. 6 to amount in Line No. 5 and enter amount. $
8 Enter amount from Line No. 7. This is eligible grant award amount to enter in
approval letter: $
13
SECTION 13 – ELIGIBLE CRA AREA MAP
14
COMMERICAL GRANT
PROGRAM
&
APPLICATION FORM
City of Clearwater Community Redevelopment Agency
North Greenwood Community Redevelopment Area
1
Commercial Grant Program & Application Form
Approved by the CRA Trustees on July 15, 2024
TABLE OF CONTENTS
SECTION 1 – PROGRAM OVERVIEW ........................................................................................................ 2
SECTION 2 – PURPOSE AND INTENT ....................................................................................................... 2
SECTION 3 – AVAILABLE ASSISTANCE .................................................................................................... 3
SECTION 4 – ELIGIBLE PROPERTY AND APPLICANT ............................................................................ 4
SECTION 5 – ELIGIBLE IMPROVEMENTS ................................................................................................. 5
SECTION 6 – REQUIREMENTSS, REVIEW & APPROVAL PROCESS ..................................................... 6
SECTION 7 – DISBURSEMENT POLICY AND PROCEDURE ................................................................... 7
SECTION 8 – GRANT EXPIRATION ............................................................................................................ 8
SECTION 9 – ALTERATIONS AND MAINTENANCE .................................................................................. 8
SECTION 10 – COMPLIANCE WITH THE CITY OF CLEARWATER ETHICS CODE ................................ 8
SECTION 11 – APPLICATION ..................................................................................................................... 9
SECTION 12 – ELIGIBLE CRA AREA MAP ............................................................................................... 12
SECTION 13 – ATTACHMENT A – PROJECT BUDGET .......................................................................... 13
2
COMMERCIAL GRANT PROGRAM
The Program provides a grant up to $75,000.
SECTION 1 – PROGRAM OVERVIEW
The Commercial Grant Program (Program) is designed to promote reinvestment in business
development and incentivize commercial property owners and business owners located within
the North Greenwood Community Redevelopment Area (NGCRA) to make building, structural,
and site improvements to their property. In addition, the Program will aid to create a positive
visual impact on the image and character of the community. The Program aims to strengthen
local businesses – improving their competitiveness, productivity, capacity, job creation abilities –
and promotes a business-friendly atmosphere.
SECTION 2 – PURPOSE AND INTENT
The purpose of the Program is to support the implementation of the adopted Community
Redevelopment Area Plan (Plan) for the North Greenwood Community Redevelopment Area in
accordance with the Florida Community Redevelopment Act of 1969. Sections 163.330, et seq.,
Florida Statutes, by:
1) Carrying out plans for a program of voluntary or compulsory repair and rehabilitation of
buildings or other improvements in accordance with the community redevelopment plan
(Sections 163.370(2)(c)(5), Florida Statutes).
2) All plan recommendations must be implemented in, or benefit residents and businesses
located in this defined area (NGCRA boundary) (Plan Section 2.5, Establishment of CRA
Boundaries, page 9).
3) Encourage commercial or mixed-use development along North Martin Luther King Jr.
Avenue (Plan Section 2.6, Public Engagement and Outreach, page 85).
4) Encourage commercial development along Pinellas Trail (Plan Section 2.6, Public
Engagement and Outreach, page 85).
5) Increase access to high paying jobs for the residents of the North Greenwood CRA both
within and outside of the area through workforce development, business assistance
programs, and support for entrepreneurs (Plan Section 3.2 Goals & Objectives, Goal 3
Poverty Reduction, page 93). (NGCRA funds are only applicable within the NGCRA
boundary.)
6) Develop a grant program to fund improvements to commercial buildings, to establish
new businesses, and reduce blight in the North Martin Luther King, Jr. Avenue
commercial corridor (Plan Section 4.5, Plan Implementation, Table 15, Goal 3 Policy
Implementation: Poverty Reduction, page 138).
7) Creating value for the North Greenwood Community Redevelopment Area by (themes
stressed throughout the Plan):
a. Promoting a business, consumer, family and resident friendly atmosphere;
b. Creating more dining, retail, and entertainment opportunities;
c. Creating additional employment opportunities;
3
d. Promoting infill and adaptive reuse of properties;
e. Incentivizing property owners to enhance the value of their respective property;
f. Encouraging private investment in the improvement of commercial properties;
g. Reducing vacancies in commercial buildings; and
h. Increasing the functionality of existing buildings.
It is the intent of this Program to attract or improve the following types of businesses to the CRA
(not limited to the following):
Retail;
Restaurants and food services (e.g., full-service sit-down restaurants, fast food
restaurants, buffet or cafeteria restaurants, coffeehouse/shops with food component,
cafes, bistros, delicatessens, bakeries, grocery stores, etc.);
Micro-brewery;
Personal services (e.g., barber, salons, beauty shops, tailors, childcare, etc.);
Art studios and galleries;
Co-working space; and
Professional offices.
In addition, it is the intent of this Program to incentivize improvements to the area that go
beyond what is required by the City’s development codes to enhance the form, function, and
design quality of the redevelopment area. It is not the intent of the CRA to engage in any
rehabilitation activity that requires vacating property or displacing any business establishments
or residents from property. Moreover, it is not the intent of this Program to assist in the
development of new construction projects on vacant land. Rather, it is to rehabilitate and
enhance area commercial structures exhibiting deterioration and decline.
SECTION 3 – AVAILABLE ASSISTANCE
The Program provides a grant up to $75,000 to assist applicants with improvements to
commercial properties. To qualify for Program grant funds, the Applicant must match the grant
amount by the percentage amount listed in Table 1 below, or greater investment, of
private funds or other verifiable grant funds for the rehabilitation and restoration of a
qualifying commercial property located within the NGCRA. The grant is a reimbursement grant
to the Applicant, unless otherwise approved by the CRA Director to pay an approved licensed
contractor/vendor directly, no more than one payment within a 30-day period.
Legacy Credit: Applicants may qualify for a “Legacy Credit” which rewards long-term business
owners located within the NGCRA. The credit works alongside the grant. The credit can reduce
the match all the way down to zero. The Applicant will match the grant amount by the
percentages listed below (must provide proof of matching funds prior to grant approval):
Table 1 Business Owner Grant Match Responsibility
Years of Business Ownership at Property Match Responsibility %
Less than 5 (no Legacy Credit) 40%
5 30%
10 20%
15 10%
20 or more 0%
4
Community Service Credit: In addition, up to 50% of Applicant’s match may be waived at the
rate of one hour of community service per $300 of approved grant amount and be added back
to the grant amount not to exceed $75,000. (Community Service must be performed by
Applicant within the NGCRA boundary and through a tax-exempt not-for-profit
organization recognized by the CRA or City of Clearwater. Community service must be
performed without pay or compensation from the organization, and service must be
performed in full hour increments rounding up to the nearest whole hour. Scope of
community service must be pre-approved by the CRA Director, prior to commencement.
In addition, said community service must be performed prior to release of grant funds.)
SECTION 4 – ELIGIBLE PROPERTY AND APPLICANT
To be eligible for the Program, the Applicant must meet all the following qualifications:
Must be the owner* of the subject property.
The business must be an allowable use on the subject property in accordance with the
City’s Land and Building Development Regulations/Codes.
Must be current in all property taxes and City of Clearwater (City) business fees.
Must be in good standing with the city (no outstanding code enforcement or building
code violations). This requirement may be waived by the CRA Director if the work
proposed under this application will remediate all code violations.
Property must be free of code enforcement liens or other City liens.
The business or new proposed business on the property must be an independently
owned and operated local business.
If the business is an independently owned and operated franchise, other franchise
locations associated with the same brand must ONLY be located within the municipal
boundary of the city.
o The proposed business on the property must make independent decisions
regarding its name, signage, brand, appearance, purchasing practices, hiring,
and distribution, and must be solely responsible for paying its own mortgage,
rent, marketing, and other business expenses without assistance from a
corporate headquarters outside of the City limits.
*The owner of the Property (Owner) shall be the Applicant, unless the Owner authorizes a
business owner occupying the property by a valid lease to undertake improvements on the
property. Owner means a holder of any legal or equitable estate in the premises, whether alone
or jointly with others and whether in possession or not shall include all individuals, associations,
partnerships, corporations, limited liability companies and others who have interest in a
structure and any who are in possession or control thereof as agent of the owner, as executor,
administrator, trustee, or guardian of the estate of the owner. No Owner shall receive more than
$75,000 in total CRA grant value across all CRA grant programs within a 12-month rolling year.
For the purposes of this application, the total CRA grant value that an Owner has received over
such period shall be the combined value, in the 12 month period immediately preceding the
submission of an application for this program, of: (1) the amount of CRA grant funds that the
applicant has received; (2) the amount of CRA grant funds that any holder of legal title in the
subject property other than the applicant has received; and (3) if a business entity holds legal
title in the subject property, the total amount of CRA grant funds received by any directors,
members, partners, shareholders, any others with an ownership interest in such entity, and any
others able to exert managerial control over or direct the affairs of said entity.
5
SECTION 5 – ELIGIBLE IMPROVEMENTS
The following improvements or related items may be eligible for Program assistance:
Interior Improvements:
1) Electrical/plumbing upgrades and utility connections;
2) Grease traps/interceptors;
3) Venting, HVAC, mechanical systems, and water heaters;
4) Sprinkler/fire suppression systems, firewalls, life safety improvements;
5) Certain fixed solid waste and recycling management systems;
6) American with Disabilities Act (ADA) systems;
7) Internal structural stabilization systems (e.g., repair and replacement of load bearing
walls, columns, beams/girders, joist, etc.);
8) Interior walls (including drywall), ceilings, floors, doors, and molding;
9) Interior paint;
10) Wall insulation;
11) Certain permanent bathroom and kitchen counter tops, cabinets, sinks;
12) Interior historical restoration; or
13) Other permanent improvements may be submitted for consideration but must
demonstrate that the improvement meets the intent of this grant program.
Exterior Improvements:
1) The repair of exterior walls;
2) Roof repairs or replacement, including facia board, soffits, and gutters;
3) *Decorative fencing;
4) Exterior repainting;
5) Exterior windows and/or doors;
6) Exterior signage;
7) Awnings or canopies over windows or walkways, including shutters, seating areas;
8) The installation, repair, or renovation of porches, patios, plazas;
9) The installation, repair, or renovation of pathways and sidewalks;
10) The installation of decorative lighting, and security lighting;
11) Parking area and driveway improvements;
12) Stormwater drainage improvements for properties with a history of flooding;
13) Bicycle racks, shade areas, benches, or other pedestrian amenities;
14) Certain Crime Prevention Through Environmental Design (CPTED) improvements;
15) ADA accessibility improvements;
16) The removal of deteriorated or undesirable exterior alterations;
17) The installation of landscaping and irrigation systems, not to exceed twenty percent
(20%) of the total grant amount; or
18) Other permanent improvements may be submitted for consideration but must
demonstrate that the improvement meets the intent of this grant program.
*Chain link fencing, with or without slats, wooden stockade, board on board, and wooden picket
fencing are not eligible for the Program.
Other Eligible Items:
1) Predevelopment Cost (architecture, engineering fees, other as approved by CRA
Director) up to $5,000.
The following are ineligible for assistance:
6
1) Past site or building improvements that were completed six months prior to the approval
of this application or completed under unrelated permits to the project permit issued by
the city for improvements identified under this application.
a. Only improvements listed in the itemized budget submitted as part of this
application will be considered for approval.
2) Non-permanent improvements such as, but not limited to, kitchen appliances (e.g.,
stoves, refrigerators, dishwashers, etc.), carpet, furniture, and window blinds;
3) Bars, clubs, and taverns (as defined by the City’s Land Development Code);
4) Assistance to businesses located in residential homes.
5) Repairs to unsafe or substandard structures that cannot be made safe for tenant
occupancy with Program funds.
6) Repairs covered by insurance.
7) Non-permanent improvements.
8) Installation of window or door security bars.
9) Refinancing existing debts, business operational cost, payroll, etc.
10) Mobile Vendors.
11) Not-for-profit entities.
SECTION 6 – REQUIREMENTS, REVIEW & APPROVAL PROCESS
1) All statements and representations made in the application must be correct in all
material respects when made.
2) Grant funding request up to $75,000 – completed applications that meet all the Program
requirements will be reviewed by the CRA Director. The CRA Director will approve or
deny applications based on the criteria set forth in this document.
3) Applicants must schedule an appointment with the Community Redevelopment Agency
Department staff prior to applying. The Community Redevelopment Agency Department
(Department) is located at 600 Cleveland Street, Suite 600, Clearwater, Florida 33755.
To schedule an appointment, contact staff at 727-562-4039. Applications will be received
on an ongoing basis.
4) If applicable, fully executed, and notarized copy of the Owners’ Affidavit form, including
property description and property address. If the forms are prepared and signed by a
representative of the Owner, a legal Power-of-Attorney document must be submitted
with the application.
5) Applicants must submit, as part of the application, design plans and floorplan accurately
delineating the square footage of the improvement area within the commercial structure.
6) Digital photographs of the existing structure, interior and exterior, must be provided with
application.
7) An estimated itemized/detailed budget must be provided on the budget form in the
application.
7
8) Work required to be performed by licensed contractors. Applicant must provide, as
attachments, three quotes from contractors and copies of their licenses. Quotes to
include complete description of materials to be used.
If work is performed by non-licensed workers, then only materials purchased will
be eligible for grant funds, unless the work performed was required to be
performed by a licensed individual per City codes.
9) Portions of the project costs not funded by the requested grant must be provided by
Owner funding. Owner must demonstrate their source of the Owner Funding and their
ability to meet the financial obligations of the Program. Owner funding may consist of
bank loans, lines of credit, grants, and owned assets (Owner Equity), etc.
10) Proceeds from other City-managed financial assistance programs may be used as
Owner Equity to satisfy the Owner Funding requirements of this Program and may be
used to assist with funding of remaining portion of larger improvement project. Grant
funds can be used as Owner Equity to satisfy the Owner Funding requirements of other
City-managed financial assistance programs.
11) Staff will review the application for completeness, which includes all required
attachments and requested data. A post-application submittal conference will be held
with the Applicant to discuss any issues or deficiencies with the application.
12) Incomplete applications will not be considered submitted until all required documentation
has been submitted to Community Redevelopment Agency Department staff. Submittal
of an application does not guarantee a grant award.
13) The Applicant will be required to obtain quotes/estimates from licensed
contractors/design professionals for eligible improvements and submit said
quotes/estimates as part of the grant application submission.
14) All construction/design contracts will be between the Applicant and the contractor or
design professional.
SECTION 7 – DISBURSEMENT POLICY AND PROCEDURE
Grant funds will, unless otherwise approved by the CRA Director to allow initial project deposits
or other necessary draws, up to fifty percent of the grant amount, to be paid directly to a
City/CRA approved licensed contractor/vendor, be disbursed upon a “Finding of Project
Completion” by CRA Director. A “Finding of Project Completion” will be granted when the
following criteria are met:
1) Applicant must demonstrate their ability to meet the financial match/obligations of the
Program and any required community service has been completed by qualifying
applicants.
2) Requests for disbursement of project costs will be viewed as a single, completed
package, unless prior disbursement of funds arrangements have been made to pay
licensed contractors directly (no more than one payment within a 30-day period). Costs
not included in the approved application budget will not be considered for disbursement.
8
3) Required documentation for disbursement of project costs must include:
a) Copies of cancelled checks, certified checks or money orders of project costs, or
credit card statements of project cost;
b) Detailed invoices and paid receipts signed, dated, and marked “paid in full;”
c) Name, address, telephone number of design professional(s), general contractor, etc.;
d) Photographs of the project (before and after photos).
4) The Applicant must have obtained all necessary/required permits (e.g. zoning and
building), passed all required inspections, and prior to final disbursement of funds
received (if relevant) notice, in the form of a Certificate of Occupancy or Certificate of
Completion for the project demonstrating the legal occupancy of the project area. Any
work performed without a permit that required a permit will not be eligible for
grant funding.
5) The CRA disburses funds to grant recipients within 30 days of fully completed
reimbursement request.
SECTION 8 – GRANT EXPIRATION
Applicants must receive a “Finding of Project Completion” within 365 calendar days from the
date of application approval. After the said 365 days, the grant will expire. An extension for the
grant funds may be granted by the CRA Director for a good cause. It is the responsibility of the
Applicant to request an extension of the grant approval before the expiration date.
SECTION 9 – ALTERATIONS AND MAINTENANCE
The improvements will be maintained in accordance with City policies, codes and any other
applicable requirements identified by the City, CRA, or other agencies for a period not less than
three years, or upon written approval by CRA Director.
SECTION 10 – COMPLIANCE WITH THE CITY OF CLEARWATER ETHICS CODE
The applicant will comply with all applicable City rules and regulations including the City's Ethics
Codes. Moreover, each applicant to the Program acknowledges and understands that the City's
Ethics Code prohibit City employees from receiving any benefit, direct or indirect, from any
contract or obligation entered with the City.
9
SECTION 11 – APPLICATION
COMMERCIAL GRANT PROGRAM
1) Applicant (Property Owner)
Entity Name (if any):
Full Legal Name and Title (if any):
Mailing Address:
City/State/Zip:
Phone Number: E-mail Address:
Web Site (if available):
2) Authorized Agent (If applicable)
Entity Name (if any):
Full Legal Name and Title (if any):
Mailing Address:
City/State/Zip:
Phone Number: E-mail Address:
3) Subject Property/Location of Proposed Project
Address commonly known as:
Parcel Identification Number(s) or Folio Number(s):
Property is designated as a Local Historic Landmark: Yes ___ No ___
4) Project description, scope of work to be performed, sketch plans and specifications
detailing the scope of work (provide attachment if needed). Applicant understands
that depending on the project, certain City Departments may require additional
documentation, plans, etc. to properly review and approve the proposed project
described in this application.
Case Number:
10
5) Describe existing uses and conditions on the property (include photographs as
attachments):
6) Financial Disclosure
Amount of Grant Requested: $
Project Budget – Sources/Uses of Funds (complete Attachment A: Project Budget)
Owner Equity
(Applicant’s contribution verified by
staff):
$
Other Funds: $
Grant Request: $
Total Project Funding: $
My Property Is up to date with taxes, fees, and complies with City codes and regulations:
Yes____ No ____
If the Applicant has received loan or grant assistance from a city-managed financial
assistance program for a project at this address, please specify the program(s) and the
loan/grant amount(s).
1. $
2. $
PLEASE NOTE: Grants are awarded on a first come, first qualified basis until funds have
been depleted.
I UNDERSTAND THAT IN ORDER FOR MY REQUEST FOR GRANT FUNDING TO BE
APPROVED, I MUST AGREE TO THE FOLLOWING CONDITIONS:
1) To adhere to the application procedures and guidelines as specified.
2) That additional improvements or changes not approved in the original grant application
will not be funded by the CRA.
11
3) That disbursement of grant funds will only occur after:
a) All improvements have been completed or as otherwise approved by the CRA Director;
b) Inspections of the improvements are approved by the appropriate City Officials or other
required authorities, if any; and
c) Proof of payment, as described in this document, for project costs approved in the
grant application.
I ACKNOWLEDGE THAT I HAVE RECEIVED AND UNDERSTAND THE GRANT GUIDELINES
HEREIN ABOVE STATED. IN ADDITION, BY EXECUTING THIS APPLICATION, I
ACKNOWLEDGE THAT I AM LAWFULLY AUTHORIZED TO EXECUTE THIS APPLICATION.
Entity Name (if any)
Applicant Signature Printed Name and Title (if any)
Date
STATE OF FLORIDA )
COUNTY OF PINELLAS )
The foregoing instrument was acknowledged before me by means * physical presence or *
online notarization, this ___ day of , 2025 by ____________, who *
is/are personally known to me or * who has/have produced a driver’s license as identification.
_____________________________________
Notary Public, State of Florida
(NOTARIAL SEAL) Name of Notary:
My Commission Expires:
My Commission No.:
Mail or hand deliver completed application form to:
Community Redevelopment Agency
City of Clearwater / 600 Cleveland Street, Suite 600 / Clearwater, FL 33755
For question call the Community Redevelopment Department at 727-562-4039
12
SECTION 13 – ELIGIBLE CRA AREA MAP
13
SECTION 12 – ATTACHMENT A – PROJECT BUDGET
Attachment A - Project Budget Form
(Attach contractor/vendor estimates/quotes for consistency verification of items listed below. Contractor/vendor
estimates/quotes improvement item descriptions and cost will supersede if improvement item descriptions and cost
are listed different below. If more project budget form lines are need, Applicant may duplicate budget template below
on separate sheet. If new Project Budget Form is created, write “See Attached” in Line No. 1 below.)
For Applicant Use For staff use only
Line Item
No.
Improvement(s) Item Description
(Including construction materials, labor,
permitting, other fees, etc.)
Improvement(s)
Cost Amount
Line Item Eligible for
Grant Consideration
Yes/No
Cost Amount
Eligible for
Grant
1 $ $
2 $ $
3 $ $
4 $ $
5 $ $
6 $ $
7 $ $
8 $ $
9 $ $
10 $ $
11 $ $
12 $ $
13 $ $
14 $ $
15 $ $
16 $ $
17 $ $
Total Improvement(s) Cost Amount $ Total Cost Amount
Eligible for Grant
Consideration $
Line No. For Staff Use Only
1 Total Cost Amount Eligible for Grant Consideration (from “Attachment A” above and/or
from attached contractor estimates/quotes. $
2 Amount of Grant Requested under this program (Section 9, question 5 of Application). $
3 Enter the amount with the lower monetary value from either Line No. 1 or Line No. 2. $
4 Enter required Applicant Contribution/Match contribution/match, see Section 3 of Grant
Program). $
5 Subtract Line No. 4 from Line No. 3 and enter amount. $
6
Enter value of eligible community service hours for contribution/match waiver, if
applicable.
(See Section 3 of Grant Program for value of service hours).
Number of service hours approved by CRA Director: _________.
$
7 Add Line No. 6 to amount in Line No. 5 and enter amount. $
8 Enter amount from Line No. 7. This is eligible grant award amount to enter in
approval letter: $
14
Authorized Signature: Date:
RESIDENTIAL EXTERIOR
IMPROVEMENT GRANT
PROGRAM
&
APPLICATION FORM
City of Clearwater Community Redevelopment Agency
North Greenwood Community Redevelopment Area
TABLE OF CONTENTS
SECTION 1 – PROGRAM GOAL ................................................................................................................. 1
SECTION 2 – PURPOSE AND INTENT ....................................................................................................... 1
SECTION 3 – AVAILABLE ASSISTANCE AND PROGRAM ELIGIBILITY .................................................. 2
SECTION 4 – ELIGIBLE RESIDENTIAL IMPROVEMENTS ........................................................................ 4
SECTION 5 – PROGRAM REQUIREMENTS AND APPLICATION PROCESS .......................................... 5
SECTION 6 – DISBURSEMENT POLICY AND PROCEDURE ................................................................... 6
SECTION 7 – GRANT EXPIRATION ............................................................................................................ 7
SECTION 8 – COMPLIANCE WITH THE CITY OF CLEARWATER ETHICS CODE .................................. 7
SECTION 9 – APPLICATION ....................................................................................................................... 8
SECTION 10 – ELIGIBLE CRA AREA MAP ............................................................................................... 11
_______________________________________________________________
Residential Exterior Improvement Grant Program
Approved by the CRA Trustees July 15, 2024
1
RESIDENTIAL EXTERIOR IMPROVEMENT GRANT PROGRAM
The Program provides a matching grant of up to $20,000.
SECTION 1 – PROGRAM GOAL
The City of Clearwater (City) Community Redevelopment Agency (CRA) Residential Exterior
Improvement Grant Program (Program) is designed to increase access to redevelopment
funding for residential improvements to homesteaded single-family homes in the North
Greenwood Community Redevelopment Area (NGCRA). The purpose of the Program is to
rehabilitate single family homes, improve property conditions, aesthetics, reduce housing cost
burden, and aid in the elimination of slum and blight. The focus of this Program is directed to the
exterior improvement of residential properties to enhance neighborhood aesthetics and pride.
SECTION 2 – PURPOSE AND INTENT
The purpose of the Program is to support the implementation of the adopted Community
Redevelopment Area Plan (Plan) for the North Greenwood Community Redevelopment Area in
accordance with the Florida Community Redevelopment Act of 1969. Sections 163.330, et seq.,
Florida Statutes, by:
1) Carrying out plans for a program of voluntary or compulsory repair and rehabilitation of
buildings or other improvements in accordance with the community redevelopment plan
(Sections 163.370(2)(c)(5), Florida Statutes).
2) Reducing the percent of households that are housing cost burdened (Plan Section 3.2,
Goals and Objectives, Goal 4 Housing Affordability, Objectives, page 94).
3) Prioritizing keeping existing residents in their homes through funding for addressing
property maintenance and building code issues and reducing visual blight (Plan Section
3.3, Redevelopment Policies, Housing, page 95).
4) Developing grant programs to improve the exterior and interior of blighted properties
(Plan Section 4.5, Plan Implementation, Table 15, Goal 1 Policy Implementation: Public
Safety, page 134).
5) Developing programs to encourage neighborhood pride in yard and home appearance
(Plan Section 4.5, Plan Implementation, Table 15, Goal 1 Policy Implementation: Public
Safety, page 136).
6) Providing emergency assistance funds for low-income residents for life safety home
repairs and renovations to accommodate physical disabilities (Plan Section 4.5, Plan
Implementation, Table 15, Goal 4 Policy Implementation: Housing Affordability, page
140).
7) Creating a grant program to reduce blight through the repair and preservation of historic
homes (Plan Section 4.5, Plan Implementation, Table 15, Goal 4 Policy Implementation:
Housing Affordability, page 142).
8) Creating value for the citizens of Clearwater and improving the North Greenwood CRA
by (themes stressed throughout the Plan):
a) Promoting a resident and neighborhood friendly atmosphere;
Case Number:
2
b) Promoting economic development and neighborhood revitalization;
c) Incentivizing property owners to enhance and sustain the values of their property;
d) Creating a more inviting and visually appealing atmosphere; and
e) Instilling a greater sense of place and civic identity.
It is not the intent of the CRA to engage in any rehabilitation activity that requires vacating
property or displacing any residents from property. Moreover, this Program does not assist in
temporary relocation cost or the development of new construction projects. Rather, it is to
rehabilitate existing single-family structures.
SECTION 3 – AVAILABLE ASSISTANCE AND PROGRAM ELIGIBILITY
The Program provides a matching grant, as specified below, of up to $20,000 to assist
applicants with exterior home repairs. Program assistance is based on a sliding scale and
adjusted for family size and income limits, which are subject to change from time to time.
Applicants with Household incomes that exceed 120% Area Median Income do not
qualify for this Program. Applicant will match the grant amount by the percentages listed
below (must provide proof of matching funds prior to project work commencing):
Area Median Income (AMI) % Applicant Contribution/Match
0 – 30% 5%*
31% – 50% 10%*
51% – 80% 15%**
81% – 120% 20%**
121% – plus Not eligible for grant.
*Match may be waived at the rate of one hour of community service per $150 of approved grant
amount and will be added back into the total grant amount not to exceed $20,000.
**Up to 50% of Applicant’s match may be waived at the rate of one hour of community service
per $150 of approved grant amount and will be added back into the total grant amount not to
exceed $20,000. (Community Service must be performed by Applicant, or anyone over 18
years of age legally residing in the home, within the NGCRA boundary and through a tax-
exempt not-for-profit organization recognized by the CRA or City of Clearwater.
Community service must be performed without pay or compensation from the not-for-
profit organization, and service must be performed in full hour increments rounding up
to the nearest whole hour. Scope of community service must be pre-approved, by the
CRA Director, prior to commencement. In addition, said community service must be
performed prior to release of grant funds.)
The CRA Director may waive, or reduce, on a case-by-case basis, the community service
provision for certain individuals with disabilities, including age related disabilities, or
other verifiable hardships, that prevent the Applicant, and anyone over 18 years of age
legally residing in the home, from performing community service. In the event the waiver
is granted, then the Applicant Contribution/Match will be set to zero percent.
The grant is a reimbursement grant, unless otherwise approved by the CRA Director to
pay an approved licensed contractor directly, no more than one payment within a 30-day
period. The CRA Director may require in all grant applications that licensed contractors
3
be paid directly, eliminating the need for homeowners to pay contractors, and then
requesting reimbursement from the CRA.
The chart below is data provided by the Florida Housing Finance Corporation (FHFC) which is
based upon figures provided by the United States Department of Housing and Urban
Development (HUD) and are subject to change. Updated charts by FHFC will supersede any
income limit chart provided within this document. When updates are made available by FHFC,
the chart below will be updated.
Eligibility Criteria
To be eligible for the Program, the project/property must meet all the following qualifications:
Applicant must be the owner of the subject property. *
The subject property must be a single-family home.
Property must be located within the North Greenwood Community Redevelopment Area.
The single-family home must be the primary residence and legal homestead of the
Applicant. In addition, the following may qualify for the Program.
Owners of property that have applied to Pinellas County for homestead
exemption consideration may be eligible for this Program.
Applicants that reside at the property, control said property other than through
outright ownership, and are authorized to approve the repairs and other work that
are the subject of this program, may provide alternative documents to
substantiate that they have such control and authority regarding the property.
This documentation may include probate court documents, wills, heirship
affidavit, letters of administration, or other legal documentation. After review of
the documents, the residing applicant(s) may qualify for the Program, provided
the applicant(s) wishing to apply for the Program reside at the property as their
primary residence. If such control or authority is disputed by another party or
parties, the application may be denied until such time as the Applicant resolves
such disputes.
Must demonstrate property taxes are current or a satisfactory payment plan is approved
by the CRA Director.
Must be current on mortgage payments (if applicable).
Must be in good standing with the city (no outstanding code enforcement or building
code violations). This requirement may be waived by the CRA Director if the work
proposed under this application will remediate the code violations.
If combined with a Home Rehabilitation Loan from the Economic Development and
Housing Department, other requirements may vary.
*The owner of the Property (Owner) shall be the Applicant. Owner means a holder of
any legal or equitable estate in the premises, whether alone or jointly with others and
4
whether in possession or not shall include all individuals, associations, partnerships,
corporations, limited liability companies and others who have interest in a structure and
any who are in possession or control thereof as agent of the owner, as executor,
administrator, trustee, or guardian of the estate of the owner. No Owner shall receive
more than $20,000 in total CRA grant value across all CRA grant programs within a 36-
month rolling year. For the purposes of this application, the total CRA grant value that an
Owner has received over such period shall be the combined value, in the 36 month
period immediately preceding the submission of an application for this program, of: (1)
the amount of CRA grant funds that the applicant has received; (2) the amount of CRA
grant funds that any holder of legal title in the subject property other than the applicant
has received; and (3) if a business entity holds legal title in the subject property, the total
amount of CRA grant funds received by any directors, members, partners, shareholders,
any others with an ownership interest in such entity, and any others able to exert
managerial control over or direct the affairs of said entity.
Previous Participation – Each property may not receive a grant any more than every
thirty-six months.
The following are ineligible for Program assistance:
Work or improvements that are completed prior to an application being approved.
Any unpermitted work or improvements performed on the property that required a permit
and inspections.
Any work or improvements on the property that fail required inspections.
Multi-family properties.
Properties that do not qualify for homestead exemption.
New construction or improvements on vacant land.
Project Implementation
Projects are to be coordinated, managed, and implemented by the Applicant with close
interaction with Community Redevelopment Agency Department staff and the appropriate City
departments. Applicant is responsible for obtaining/arranging any permits required by the city.
SECTION 4 – ELIGIBLE RESIDENTIAL IMPROVEMENTS
One or more of the following improvements may be eligible for Program assistance:
1) Exterior repairs (walls, foundation, piers, siding, etc.);
2) Exterior painting;
3) Exterior windows and doors;
4) Roof repairs or replacement, including facia board, soffits, and gutters;
5) Window or door awnings and shutters (including hurricane shutters; replacement or
repair);
6) Exterior weatherization improvements;
7) The installation, repair, or renovation of porches;
8) The installation of decorative lighting;
9) Decorative fencing;
10) Driveway, pedestrian walkways/pathways, and sidewalk improvements;
11) American with Disabilities Act (ADA) accessibility improvements;
5
12) The installation of landscaping and irrigation systems, not to exceed twenty percent
(20%) of the total grant amount;
13) Tree trimming or removal (requires city approval, and city may require a licensed arborist
to confirm tree removal is necessary);
14) Heating, ventilation, and air conditioning (HVAC) systems;
15) Certain interior repairs:
a. Interior deterioration/damage directly resulting from an exterior defect or damage,
may qualify for grant funding to repair said deterioration/damage. Such interior
repairs may include, but are not limited to, load bearing walls, drywall, insulation,
and wood repair. However, grant funds must first be used for improvements or
repairs to fully remedy the external defect or damage that resulted in such interior
deterioration/damage prior to any use of grant funds on interior repairs.
b. Interior deterioration/damage that is verified by the city as a life safety issue to
home inhabitants.
c. ADA accessibility improvements.
16) Home fumigation (including tenting if necessary) for termites; and
17) Other improvements may be submitted for consideration but must demonstrate that the
improvement meets the intent of this grant program.
The following improvements are not eligible for Program assistance:
1) Repairs to unsafe or substandard structures that cannot be made safe for
habitation with Program funds.
2) Room additions, garage conversions, repairs to structures separate from the living units
(detached garage, shed, etc.), furnishings, and pools.
3) Repairs covered by insurance.
4) Non-permanent improvements.
5) Enclosing a front porch.
6) Installation of window or door security bars.
7) General interior home improvements and repairs.
SECTION 5 – PROGRAM REQUIREMENTS AND APPLICATION PROCESS
Program Requirements
All statements and representations made in the application must be correct in all
material respects when made.
Any applicant requesting grant funding from this program will have their income verified
by City staff and must supply the items listed below, and, if requested, any other income
or employment documents that are not listed below:
If applicable, self-employed year to date profit and loss statements.
All pages of last two year’s tax returns, with all schedules and W-2s/1099(s).
Most recent and consecutive last two months of bank statements (with bank name and
account number) (ALL PAGES, even if blank) for all household members with accounts.
If combined with a Home Rehabilitation Loan from the Economic Development and
Housing Department, additional information may be required.
Applicants that do not wish to have their income verified will automatically be disqualified from
Program participation.
6
Color digital photographs of the existing structure exterior, showing all sides of
the building, must be provided with application.
An estimated detailed budget must be provided on the attached project budget form
(Attachment A).
Work required to be performed by licensed contractors. Applicant must provide, as
attachments, three quotes from contractors and copies of their licenses. Quotes to
include complete description of materials to be used).
o If work is performed by non-licensed workers, then only materials purchased will
be eligible for grant funds, unless the work performed was required to be
performed by a licensed individual per City codes.
Portions of the project costs not funded by the requested grant must be provided by
Owner funding. Owner funding may consist of bank loans, lines of credit, a Home
Rehabilitation Loan from the city’s Economic Development and Housing Department,
and owned assets (Owner Equity), etc.
Owner must demonstrate their source of the Owner Funding and their ability to meet the
financial obligations of the Program prior to Program approval.
Proceeds from other City-managed financial assistance programs may be used as
Owner Equity to satisfy the Owner Funding requirements of this Program and may be
used to assist with funding of remaining portion of larger improvement project. Grant
funds cannot be used as Owner Equity to satisfy the Owner Funding requirements of
other City-managed financial assistance programs.
Grant Application Process
Submittal of an application does not guarantee a grant award.
Grant preference will be given to Applicants at or below 80% AMI, applicants 65 years of
age and above, and the disabled.
Completed applications that meet all the Program requirements will be reviewed by the
CRA Director.
The CRA Director will approve or deny applications based on the criteria set forth in this
document.
Incomplete applications will not be considered submitted until all required documentation
has been submitted to Community Redevelopment Agency Department staff.
All construction/design contracts will be between the Applicant and the contractor/design
professional.
SECTION 6 – DISBURSEMENT POLICY AND PROCEDURE
Grant funds will, unless otherwise approved by the CRA Director to allow initial project deposits
or other necessary draws, up to fifty percent of the grant amount, to be paid directly to a
City/CRA approved licensed contractor, be disbursed upon a “Finding of Project Completion”
by CRA Director. A “Finding of Project Completion” will be granted when the following criteria
are met:
1) Applicant must demonstrate their ability to meet the financial match/obligations of the
Program and any required community service has been completed by qualifying
applicants.
7
2) Requests for disbursement of project costs will be viewed as a single, completed
package, unless prior disbursement of funds arrangements have been made to pay
licensed contractors directly (no more than one payment within a 30-day period).
Costs not included in the approved application budget will not be considered for
disbursement.
3) Required documentation for disbursement of project costs must include:
a. Copies of cancelled checks, certified checks or money orders of project costs, or
credit card statements of project cost;
b. Detailed invoices and paid receipts signed, dated, and marked “paid in full;”
c. Name, address, telephone number of design professional(s), general contractor,
etc.; and
d. Photos of the project (before and after photos).
4) The Applicant must have obtained all necessary/required permits (e.g. zoning and
building), passed all required inspections, and prior to final disbursement of funds
received (if relevant) notice, in the form of a Certificate of Occupancy or Certificate of
Completion for the project demonstrating the legal occupancy of the project area. Any
work performed without a permit that required a permit will not be eligible for
grant funding.
5) The CRA disburses funds to grant recipients within 30 days of fully completed
reimbursement request.
SECTION 7 – GRANT EXPIRATION
Applicants must receive a “Finding of Project Completion” within 180 calendar days from the
date of application approval. After the said 180 days, the grant will expire. An extension for the
grant funds may be granted by the CRA Director for a good cause. It is the responsibility of the
Applicant to request, in writing, from the CRA Director an extension of the grant approval before
the expiration date.
SECTION 8 – COMPLIANCE WITH THE CITY OF CLEARWATER ETHICS CODE
The applicant will comply with all applicable City rules and regulations including the City's Ethics
Codes. Moreover, each applicant to the Program acknowledges and understands that the City's
Ethics Code prohibit City employees from receiving any benefit, direct or indirect, from any
contract or obligation entered with the City.
8
SECTION 9 – APPLICATION
1) Applicant (Property Owner)
Full Legal Name(s):
Mailing Address:
City/State/Zip:
Phone Number: E-mail Address:
2) Subject Property
Address commonly known as:
Parcel Identification Number(s):
3) Project description, scope of work to be performed, sketch plans and
specifications detailing the scope of work (provide attachment(s) if needed).
(Applicant understands that depending on the project, certain city departments
may require additional documentation, plans, etc. to properly review and approve
the proposed project described in this application.)
9
4) Financial and Other Disclosures
Annual Household Income: $
(Income examples (not limited to the following): employment or self-employment income, Social Security,
Pension, Disability, etc.)
Household Size: #
Is the subject property current with property tax payments, mortgage payments (if
applicable), fees, and in compliance with City codes and regulations? (must provide
copies of property tax payment and mortgage payment statements)
Yes____ No ____
If no, please explain:
Have you received a loan or grant assistance from a city-managed financial
assistance program for a project at the subject property?
Yes____ No ____
If yes, please specify the program(s), dates received, and the loan/grant amount(s) below
or provide attachment(s).
Program Name:
Date Received: Amount Received $
Program Name:
Date Received: Amount Received $
5) Amount of Grant Requested under this program: $
Are you requesting direct payment of approved grant funds to an authorized
contractor?
Yes____ No ____
If yes, please specify the contractor’s name:
Note: This option must be approved by the CRA Director.
10
Attachment A - Project Budget Form
(Attach contractor/vendor estimates/quotes for consistency verification of items listed below. Contractor/vendor estimates/quotes
improvement item descriptions and cost will supersede if improvement item descriptions and cost are listed different below. If more
project budget form lines are need, Applicant may duplicate budget template below on separate sheet. If new Project Budget Form
is created, write “See Attached” in Line No. 1 below.)
For Applicant Use For staff use only
Line
Item No.
Improvement(s) Item Description
(Including construction materials, labor,
permitting, other fees, etc.)
Improvement(s)
Cost Amount
Line Item Eligible for
Grant Consideration
Yes/No
Cost Amount
Eligible for
Grant
1 $ $
2 $ $
3 $ $
4 $ $
5 $ $
6 $ $
7 $ $
8 $ $
9 $ $
10 $ $
11 $ $
12 $ $
13 $ $
14 $ $
15 $ $
16 $ $
17 $ $
Total Improvement(s) Cost Amount $
Total Cost Amount
Eligible for Grant
Consideration
$
Line No. For Staff Use Only
1 Total Cost Amount Eligible for Grant Consideration (from “Attachment A” above and/or from
attached contractor estimates/quotes. $
2 Amount of Grant Requested under this program (Section 9, question 5 of Application). $
3 Enter the amount with the lower monetary value from either Line No. 1 or Line No. 2. $
4 Enter required Applicant Contribution/Match (either 5%, 10%, 15%, or 20% contribution/match, see
Section 3 of Grant Program). $
5 Subtract Line No. 4 from Line No. 3 and enter amount. $
6
Enter value of eligible community service hours for contribution/match waiver, if applicable.
(See Section 3 of Grant Program for value of service hours).
Number of service hours approved by CRA Director: _________.
$
7 Add Line No. 6 to amount in Line No. 5 and enter amount. $
8 Enter amount from Line No. 7. This is eligible grant award amount to enter in approval letter: $
11
PLEASE NOTE:
For multiple signers: This Application may be executed in one or more counterparts, each of
which when executed and delivered, shall be an original, but all such counterparts shall
constitute one and the same instrument.
I ACKNOWLEDGE THAT I HAVE RECEIVED AND UNDERSTAND THE GRANT GUIDELINES
HEREIN ABOVE STATED. IN ADDITION, BY EXECUTING THIS APPLICATION, I
ACKNOWLEDGE THAT I AM LAWFULLY AUTHORIZED TO EXECUTE THIS APPLICATION
AND THAT ALL INFORMATION AND STATEMENTS CONTAINED HEREIN AND ON ANY
ATTACHEMENTS ARE TRUE, CORRECT, AND COMPLETE.
Applicant Signature Printed Name
Date
STATE OF FLORIDA )
COUNTY OF PINELLAS )
The foregoing instrument was acknowledged before me by means * physical presence or *
online notarization, this ___ day of , 2025 by ____________, who *
is/are personally known to me or * who has/have produced a driver’s license as identification.
_____________________________________
Notary Public, State of Florida
(NOTARIAL SEAL) Name of Notary:
My Commission Expires:
My Commission No.:
Mail or hand deliver completed application form to:
Community Redevelopment Agency
City of Clearwater / 600 Cleveland Street, Suite 600 / Clearwater, FL 33755
For question call the Community Redevelopment Department at 727-562-4039
12
SECTION 10 – ELIGIBLE CRA AREA MAP
Cover Memo
City of Clearwater Main Library - Council
Chambers
100 N. Osceola Avenue
Clearwater, FL 33755
File Number: ID#25-0341
Agenda Date: 4/28/2025 Status: PassedVersion: 1
File Type: Action ItemIn Control: Community Redevelopment Agency
Agenda Number: 4.4
SUBJECT/RECOMMENDATION:
Approve the 2024 Annual Financial Statement.
SUMMARY:
Presentation of the fiscal year 2024 Annual Financial Statement by external auditors.
STRATEGIC PRIORITY:
1.1Provide evidence-based measurement tools to continually guide municipal performance and promote
accountable governance.
Page 1 City of Clearwater Printed on 7/22/2025
Clearwater Community Redevelopment Agency
(A Component Unit of the City of Clearwater, Florida)
Annual Financial Report
Year Ended September 30, 2024
CLEARWATER COMMUNITY REDEVELOPMENT AGENCY
(A Component Unit of the City of Clearwater, Florida)
ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2024
Bruce Rector
Chair
David Allbritton
Trustee
Ryan Cotton
Trustee
Mike Mannino
Trustee
Lina Teixeira
Trustee
Jesus Niño
CRA Executive Director
PREPARED BY:
CITY OF CLEARWATER FINANCE DEPARTMENT
CLEARWATER COMMUNITY REDEVELOPMENT AGENCY
(A Component Unit of the City of Clearwater, Florida)
ANNUAL FINANCIAL REPORT
YEAR ENDED SEPTEMBER 30, 2024
TABLE OF CONTENTS
Independent Auditor’s Report 1 - 3
Management’s Discussion and Analysis 4 - 12
Basic Financial Statements
Government-Wide Financial Statements:
Statement of Net Position - Governmental Activities 13
Statement of Activities - Governmental Activities 14
Fund Financial Statements:
Balance Sheet – Governmental Funds 15
Reconciliation of the Governmental Funds Balance Sheet
to the Statement of Net Position 16
Statement of Revenues, Expenditures, and Changes in Fund Balance -
Governmental Funds 17
Reconciliation of the Change in Fund Balance of the
Governmental Funds to the Statement of Activities 18
Statement of Revenues, Expenditures, and Changes in Fund Balance -
Budget and Actual - General Fund 19
Statement of Revenues, Expenditures, and Changes in Fund Balance -
Budget and Actual – North Greenwood CRA Special Revenue Fund 20
Notes to the Financial Statements 21
Compliance Section
Independent Auditor’s Report on Internal Control Over Financial Reporting and on
Compliance and Other Matters Based on an Audit of Financial Statements
Performed in Accordance with Government Auditing Standards 29
Management Letter 31
Independent Accountant’s Report on Compliance with Section 218.415, Florida Statutes 34
Independent Accountant’s Report on Compliance with Redevelopment Trust Fund 35
This Page Intentionally Left Blank
INDEPENDENT AUDITOR’S REPORT
To the Honorable Chair and Trustees
Clearwater Community Redevelopment Agency
Report on the Audit of the Financial Statements
Opinion
We have audited the accompanying financial statements of the governmental activities and each major
fund of the Clearwater Community Redevelopment Agency (“Agency”) as of and for the year ended
September 30, 2024, and the related notes to the financial statements, which collectively comprise the
Agency’s basic financial statements as listed in the table of contents.
In our opinion, the financial statements referred to above present fairly, in all material respects, the
respective financial position of the governmental activities and each major fund of the Clearwater
Community Redevelopment Agency, as of September 30, 2024, and the respective changes in financial
position and the respective budgetary comparison for the General Fund and North Greenwood CRA fund
for the year then ended in accordance with accounting principles generally accepted in the United States
of America.
Basis for Opinions
We conducted our audit in accordance with auditing standards generally accepted in the United States of
America and the standards applicable to financial audits contained in Government Auditing Standards,
issued by the Comptroller General of the United States. Our responsibilities under those standards are
further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our
report. We are required to be independent of the Agency and to meet our other ethical responsibilities,
in accordance with the relevant ethical requirements relating to our audit. We believe that the audit
evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.
Responsibilities of Management for the Financial Statements
Management is responsible for the preparation and fair presentation of the financial statements in
accordance with accounting principles generally accepted in the United States of America, and for the
design, implementation, and maintenance of internal control relevant to the preparation and fair
presentation of financial statements that are free from material misstatement, whether due to fraud or
error.
In preparing the financial statements, management is required to evaluate whether there are conditions
or events, considered in the aggregate, that raise substantial doubt about the Agency’s ability to continue
as a going concern for twelve months beyond the financial statement date, including any currently known
information that may raise substantial doubt shortly thereafter.
1
Auditor’s Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are
free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that
includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and
therefore is not a guarantee that an audit conducted in accordance with generally accepted auditing
standards and Government Auditing Standards will always detect a material misstatement when it exists.
The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting
from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the
override of internal control. Misstatements are considered material if there is a substantial likelihood that,
individually or in the aggregate, they would influence the judgment made by a reasonable user based on
the financial statements.
In performing an audit in accordance with generally accepted auditing standards and Government
Auditing Standards, we:
x Exercise professional judgment and maintain professional skepticism throughout the audit.
x Identify and assess the risks of material misstatement of the financial statements, whether due
to fraud or error, and design and perform audit procedures responsive to those risks. Such
procedures include examining, on a test basis, evidence regarding the amounts and disclosures in
the financial statements.
x Obtain an understanding of internal control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances, but not for the purpose of expressing an
opinion on the effectiveness of the Agency’s internal control. Accordingly, no such opinion is
expressed.
x Evaluate the appropriateness of accounting policies used and the reasonableness of significant
accounting estimates made by management, as well as evaluate the overall presentation of the
financial statements.
x Conclude whether, in our judgment, there are conditions or events, considered in the aggregate,
that raise substantial doubt about the Agency’s ability to continue as a going concern for a
reasonable period of time.
We are required to communicate with those charged with governance regarding, among other matters,
the planned scope and timing of the audit, significant audit findings, and certain internal control-related
matters that we identified during the audit.
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management’s
discussion and analysis be presented to supplement the basic financial statements. Such information,
although not a part of the basic financial statements, is required by the Governmental Accounting
Standards Board, who considers it to be an essential part of financial reporting for placing the basic
financial statements in an appropriate operational, economic, or historical context. We have applied
certain limited procedures to the required supplementary information in accordance with auditing
standards generally accepted in the United States of America, which consisted of inquiries of management
about the methods of preparing the information and comparing the information for consistency with
management’s responses to our inquiries, the basic financial statements, and other knowledge we
obtained during our audit of the basic financial statements.
2
We do not express an opinion or provide any assurance on the information because the limited
procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated April 15, 2025,
on our consideration of the Agency’s internal control over financial reporting and on our tests of its
compliance with certain provisions of laws, regulations, contracts and grant agreements and other
matters. The purpose of that report is solely to describe the scope of our testing of internal control over
financial reporting and compliance and the results of that testing, and not to provide an opinion on the
effectiveness of the Agency’s internal control over financial reporting or on compliance. That report is an
integral part of an audit performed in accordance with Government Auditing Standards in considering the
Agency’s internal control over financial reporting and compliance.
CARR, RIGGS & INGRAM, L.L.C.
Clearwater, Florida
April 15, 2025
3
4
Management’s Discussion and Analysis
As management of the Clearwater Community Redevelopment Agency (CRA), we offer readers of the
CRA’s financial statements this narrative overview and analysis of the financial activities of the CRA for
the fiscal year ended September 30, 2024, with comparisons to prior year performance. We encourage
readers to consider the information presented here in conjunction with the statements and related notes
contained in the Basic Financial Statements.
Financial Highlights
The assets of the Clearwater Community Redevelopment Agency exceeded its liabilities as of September
30, 2024, by $28,435,997 (net position). Of this amount, $6,543,042 is invested in capital assets and
$21,892,955 is restricted for community redevelopment activities.
The CRA’s total net position increased by $6,847,756 during the fiscal year ended September 30, 2024,
versus an increase of $3,810,563 in fiscal 2023. Program expenses increased $1,271,279 from the prior
year, program revenues increased $3,996,233 and general revenues increased $312,239, resulting in an
increase in the change in net position of $3,037,193. The increase in general revenues is due to an increase
in investment earnings of $705,773 resulting from rising interest rates as well as increased market value of
the investment portfolio and corresponding unrealized gains, offset by a loss on the sale of property to
Archway Clearwater Gardens for the construction of affordable housing in the amount of $393,534.
Overview of Financial Statements
This discussion and analysis are intended to serve as an introduction to the Clearwater Community
Redevelopment Agency’s basic financial statements. The CRA’s basic financial statements are comprised
of three components: 1) government-wide financial statements, 2) fund financial statements, and 3) notes
to the financial statements.
Government-Wide Financial Statements
The government-wide financial statements are designed to provide readers with a broad overview of the
Clearwater Community Redevelopment Agency’s finances, in a manner similar to a private-sector business.
The statement of net position presents information on all of the CRA’s assets and liabilities, with the
differences between the two reported as net position. Over time, increases or decreases in net position may
serve as a useful indicator of whether the financial position of the CRA is improving or deteriorating.
The statement of activities presents information showing how the government’s net position changed during
the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving
rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are
reported in this statement for some items that will only result in cash flows in future fiscal periods (e.g.,
uncollected taxes).
5
Fund Financial Statements
A fund is a grouping of related accounts that is used to maintain control over resources that have been
segregated for specific activities or objectives. The Clearwater Community Redevelopment Agency, like
other state and local governments, uses fund accounting to ensure and demonstrate compliance with
finance-related legal requirements. CRA activities are accounted for in a general fund, a special revenue
fund and two capital projects funds.
Governmental funds are used to account for essentially the same functions reported as governmental
activities in the government-wide financial statements. However, unlike the government-wide financial
statements, governmental fund financial statements focus on near-term inflows and outflows of spendable
resources, as well as on balances of spendable resources available at the end of the fiscal year. Such
information may be useful in evaluating a government’s near-term financing requirements.
Because the focus of governmental funds is narrower than that of the government-wide financial statements,
it is useful to compare the information presented for governmental funds with similar information presented
for governmental activities in the government-wide financial statements. By doing so, readers may better
understand the long-term impact of the government’s near-term financing decisions. Both the governmental
fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund
balances provide a reconciliation to facilitate this comparison between governmental funds and
governmental activities.
The Clearwater Community Redevelopment Agency adopts an annual appropriated budget for its general
fund and special revenue fund. Budgetary comparison statements have been provided for the general fund
and special revenue fund to demonstrate compliance with this requirement.
Notes to the Financial Statements
The notes provide additional information that is essential to a full understanding of the data provided in the
government-wide and fund financial statements.
6
Government-Wide Financial Analysis
As noted earlier, net position may serve over time as a useful indicator of a government’s financial position.
In the case of the Clearwater Community Redevelopment Agency, assets exceeded liabilities by
$28,435,997 at the close of the most recent fiscal year. The following table provides a summary of the
CRA’s net position:
Clearwater Community Redevelopment Agency
Net Position
September 30, 2023 and 2024
Governmental Activities
2024 2023
ASSETS
Current and other assets $ 22,292,564 $ 13,733,301
Capital assets(net) 6,543,042 8,309,481
Total assets 28,835,606 22,042,782
LIABILITIES
Current and other liabilities 399,609 454,541
Total liabilities 399,609 454,541
NET POSITION
Net investment in capital assets 6,543,042 8,309,481
Restricted 21,892,955 13,278,760
Total net position $ 28,435,997 $ 21,588,241
7
The following table provides a summary of the Clearwater Redevelopment Agency’s changes in net
position for the years ended September 30, 2024 and 2023:
Clearwater Community Redevelopment Agency
Changes in Net Position
September 30, 2023 and 2024
Governmental Activities
2024 2023
REVENUES
Program revenues:
Charges for Services $ 84,358 $ 81,504
Operating Grants and Contributions 9,442,337 5,448,958
General revenues:
Investment earnings (loss) 926,216 220,443
Gain (loss) on sale of capital assets (393,534) -
Total revenues 10,059,377 5,750,905
EXPENSES
Governmental activities:
Economic Environment 3,211,621 1,940,342
Total expenses 3,211,621 1,940,342
Change in net position 6,847,756 3,810,563
Total net position - beginning 21,588,241 17,777,678
Total net position - ending $ 28,435,997 $ 21,588,241
Governmental Activities
The increase in governmental activities net position in fiscal 2024 totaled $6,847,756 as compared to an
increase in net position of $3,810,563 in fiscal 2023. Key elements of this change are as follows:
Total expenses increased $1,271,279 (65.5%) primarily due an increase of $28 thousand in the
payment to the Clearwater Downtown Development Board to return tax increment funding due to
increased property values; an increase of $61 thousand in the payment to the City of Clearwater for
staffing and administrative services provided by the City to the CRA, an increase of $35 thousand
in professional services due to survey and appraisal fees for various sites, and an increase of $1.1
million in contributions to the City of Clearwater for the Cleveland Street project. Depreciation
expense of $22,905 was the same as the prior year because the CRA has only one depreciable asset.
Total program revenues increased $3,996,233 (72.3%), due to an increase in tax increment revenues
in the amount of $642,541 (11.8%) received from Pinellas County, the City of Clearwater and the
Clearwater Downtown Development Board as a result of increased property tax values in the
Downtown CRA district, an increase in tax increment revenues in the amount of $350,838 (100.0%)
received from Pinellas County and the City of Clearwater for the new North Greenwood CRA
district, an increase of $2,854 (3.5%) in the payment received from the Clearwater Downtown
Development Board (DDB) for administrative services provided by CRA staff, as well as a $3
8
million contribution received from the City of Clearwater to fund and establish projects in the new
North Greenwood CRA district.
Total general revenues increased $312,239 due to an increase in investment earnings of $705,773
resulting from rising interest rates as well as increased market value of the investment portfolio and
corresponding unrealized gains, offset by a loss of $393,534 on the sale of property to Archway
Clearwater Gardens for the construction of affordable housing.
Expenses and Program Revenues - Governmental Activities
Program Net (Expense)
Functions/Programs Expenses % of Total Revenues % of Total Revenue
Economic Environment $ 3,211,621 100.00% $ 9,526,695 100.00% $ 6,315,074
Total $ 3,211,621 100.00% $ 9,526,695 100.00% $ 6,315,074
$ 3,211,621
$ 9,526,695
$ -
$ 2,000,000
$ 4,000,000
$ 6,000,000
$ 8,000,000
$ 10,000,000
$ 12,000,000
Economic Environment
Expenses and Program Revenues - Governmental-Type Activities
Expenses
Revenues
9
Revenues by Source - Governmental Activities
Revenues Source Revenues % of Total
Charges for Services $ 84,358 0.84%
Operating Grants and Contributions
9,442,337 93.86%
General Revenues 532,682 5.30%
Total
$10,059,377 100.00%
Financial Analysis of the Clearwater Community Redevelopment Agency’s Funds
As noted earlier, the Clearwater Community Redevelopment Agency uses fund accounting to ensure and
demonstrate compliance with finance related requirements.
Governmental Funds
The focus of the Clearwater Community Redevelopment Agency’s general fund is to provide information
on near term inflows, outflows, and balances of spendable resources of the Downtown CRA district. Such
information is useful in assessing the CRA’s financing requirements. In particular, unassigned fund balance
may serve as a useful measure of a government’s net resources available for spending at the end of the
fiscal year.
0.84%
93.86%
5.30%
Revenues by Source - Governmental Activities
Charges for Services
Operating Grants and
Contributions
General Revenues
10
As of the end of the current fiscal year, the CRA’s general fund reported an ending fund balance of
$3,103,950, an increase of $3,100,450 for fiscal 2024 in comparison with a decrease of $2,713 for the prior
year. $3,100,000 of this amount is offset by a mortgage receivable on the Archway Clearwater Gardens
project, and $3,950 is restricted for encumbrances. Revenues increased $1,351,168 (23.5%) due to an
increase in investment earnings of $705,773 (320.2%) resulting from rising interest rates as well as
increased market value of the investment portfolio and corresponding unrealized gains, an increase of
$642,541 (11.8%) in tax increment revenue received from Pinellas County, the City of Clearwater and the
Clearwater Downtown Development Board as a result of increased property tax values in the Downtown
CRA district, as well as an increase of $2,854 (3.5%) in the payment received from the Clearwater
Downtown Development Board (DDB) for administrative services provided by CRA staff. Current
expenditures increased $106,119 (10.1%) primarily due an increase of $28 thousand in the payment to the
Clearwater Downtown Development Board to return tax increment funding due to increased property
values; an increase of $61 thousand in the payment to the City of Clearwater for staffing and administrative
services provided by the City to the CRA, and an increase of $30 thousand in professional services due to
appraisal fees for various sites in the Downtown CRA district.
The North Greenwood CRA special revenue fund was opened in fiscal 2024 with the creation of the North
Greenwood CRA district. Revenues of $350,838 are attributed to tax increment revenue from the City of
Clearwater ($192,690) and Pinellas County ($158,148). $5,575 was expended for survey services, and the
balance of $345,263 was transferred to the North Greenwood CRA capital projects fund for future projects.
The fund balance of the Downtown CRA capital projects fund increased from $13,275,260 to $15,443,742,
an increase of $2,168,482 or 16.3% during the current fiscal year compared to an increase of $1,796,601
for fiscal 2023. There were no revenues in fiscal 2023 or 2024. Current expenditures increased $1,159,586
(134.0%), primarily due to contributions to the City of Clearwater for the Cleveland Street project. Capital
outlay decreased $2,039,580 (100.0%) from the prior year, due primarily to acquisition of the Peace
Memorial Church property at 107 South Osceola Avenue for the construction of a public parking garage,
in addition to construction work at the Gateway Mercado project, during fiscal 2023.
The North Greenwood CRA capital projects fund was opened in fiscal 2024 with the creation of the North
Greenwood CRA district. Revenues of $3 million were received from the City of Clearwater to create the
fund and establish projects in the new North Greenwood CRA district. Transfers in of $345,263 represent
excess funds from the North Greenwood CRA special revenue fund.
The fund balances are restricted, and only available for spending to preserve and enhance the tax base per
the redevelopment trust fund for the Downtown CRA district established pursuant to Chapter 163.387,
Florida Statutes, City of Clearwater Ordinance 7214-03, and Pinellas County Ordinance 04-10; and the
redevelopment trust fund for the North Greenwood CRA district established pursuant to Chapter 163.387,
Florida Statutes, City of Clearwater Ordinance 9642-23, and Pinellas County Ordinance 23-5.
General Fund Budgetary Highlights
Final budgeted General Fund revenues are $44,550 greater than original budgeted revenues due to an
increase in interest earnings of $47,673, offset by a decrease in tax increment financing from Pinellas
County and the City of Clearwater in the amount of $3,123.
Final budgeted General Fund expenditures are $509 greater than original budgeted expenditures due to an
adjustment to reflect actual and anticipated expenditures for the fiscal year.
11
Final budgeted General Fund transfers out are $44,041 greater than original budgeted transfers out,
reflecting a net increase in funding to capital projects to adjust for actual tax increment funding received
from Pinellas County and the City of Clearwater.
Total actual expenditures were less than final budgeted expenditures in the amount of $450,343, primarily
due to expenditures being less than anticipated for payments to the City of Clearwater for administrative
services provided by the City to the CRA ($264 thousand), professional and contractual services ($128
thousand), advertising and promotional costs ($24 thousand), and travel and training ($20 thousand).
Capital Assets
Capital assets include land, buildings and building improvements, improvements other than buildings, and
machinery and equipment. As of September 30, 2024, the Clearwater Community Redevelopment Agency
had investments in capital assets totaling $6,543,042 (net of accumulated depreciation).
Clearwater Community Redevelopment Agency
Comparative Statement of Capital Assets
September 30, 2023 and 2024
Governmental Activities
2024 2023
Land $ 5,974,310 $ 7,717,844
Buildings 458,098 458,098
Construction in progress 223,250 223,250
6,655,658 8,399,192
Less: accumulated depreciation (112,616) (89,711)
Capital assets, net $ 6,543,042 $ 8,309,481
Net capital assets for the CRA’s governmental activities decreased from $8,309,481 to $6,543,042,
reflecting a decrease in land of $1,743,534 due to the sale of seven parcels in the Downtown CRA district
to Archway Clearwater Gardens for the construction of affordable housing, in addition to $22,905 in
depreciation expense.
Land and buildings consist of properties purchased by the CRA to be offered to for redevelopment
opportunities intended to attract people to live, work and play in the Downtown and North Greenwood
CRA districts. Construction in progress consists of construction of the Gateway Mercado, a dynamic public
plaza space at the intersection of Cleveland Street and Gulf to Bay Boulevard, which held its grand opening
on April 6, 2025.
Long-Term Debt
The Clearwater Community Redevelopment Agency’s tax increment revenues are not pledged externally
to any lender for any indebtedness related to the CRA.
12
Economic Factors and Next Year’s Budgets and Rates
Factors considered in preparing the Clearwater Community Redevelopment Agency’s budget for fiscal year
2025 included:
In the original Downtown CRA district, taxable county property values increased 4.5%, from
$544.4 million to $568.8 million, while taxable municipal property values increased 4.5%, from
$544.2 million to $568.7 million. In the expanded Downtown CRA district, taxable county property
values increased 9.9%, from $192.5 million to $211.5 million, while taxable municipal property
values increased 9.9%, from $192.2 million to $211.2 million. The difference between municipal
and county taxable values is due to an additional homestead exemption offered by the City of
Clearwater to low-income seniors. The tax increment received by the Downtown CRA district
from Pinellas County, the City of Clearwater and the Clearwater Downtown Development Board
is based on the increase in taxable value in the Downtown CRA district over a base year, which is
identified as 1981 for the original Downtown CRA district and 2004 for the expanded Downtown
CRA district.
In the North Greenwood CRA district, taxable county property values increased 13.6%, from
$366.5 million to $416.4 million, while taxable municipal property values increased 13.7%, from
$365.2 million to $415.0 million. The difference between municipal and county taxable values is
due to an additional homestead exemption offered by the City of Clearwater to low-income seniors.
The tax increment received by the North Greenwood CRA district from Pinellas County and the
City of Clearwater is based on the increase in taxable value in the North Greenwood CRA district
over a base year, which is identified as 2002.
The CRA entered into an interlocal agreement with the Clearwater Downtown Development Board
to provide personnel, administrative and management services for fiscal year 2025. This agreement
has been in place since fiscal year 2000. It provides for the Clearwater Downtown Development
Board to pay the CRA $87,309 for these services in fiscal year 2025, an increase of 3.5% over the
previous year. It also provides for the CRA to return the tax increment payment received from the
Clearwater Downtown Development Board pursuant to Florida Statue 163.387 in exchange for the
performance of certain responsibilities and functions consistent with and in furtherance of the
Downtown Redevelopment Plan.
The CRA entered into an interlocal agreement with the City of Clearwater to provide staffing and
administrative services to the CRA for fiscal year 2025, and to provide for the reimbursement of
certain expenses by the CRA to the City.
The CRA entered into an interlocal agreement with the City of Clearwater to provide funding in
the amount of $282,433 for fiscal year 2025 to underwrite the cost of additional community
policing services performed by the Clearwater Police Department to reduce the sale of illegal
narcotics and reduce the prevalence of prostitution, address homeless issues, and improve the safety
and security of residents and businesses in the Downtown Gateway, Prospect Lake, and the
Downtown Core areas encompassed by the CRA.
Request for Information
This financial report is designed to provide a general overview of the Clearwater Community
Redevelopment Agency’s finances for all those with an interest in the government’s finances. Questions
concerning any of the information provided in this report or requests for additional financial information
should be addressed to the City of Clearwater, Finance Department, 100 S. Myrtle Avenue, Clearwater,
Florida 33756-5520.
ASSETS
Current assets:
Cash and cash equivalents 19,135,229$
Receivables 3,157,335
Total current assets 22,292,564
Noncurrent assets:
Land 5,974,310
Buildings, net 345,482
Construction in progress 223,250
Total noncurrent assets 6,543,042
Total assets 28,835,606
LIABILITIES
Accounts payable and other current liabilities 26,169
Due to other governments 373,440
Total liabilities 399,609
NET POSITION
Net investment in capital assets 6,543,042
Restricted for:
Community Redevelopment 21,892,955
Total net position 28,435,997$
The notes to financial statements are an integral part of this statement.
Clearwater Community Redevelopment Agency
(A Component Unit of the City of Clearwater, Florida)
Statement of Net Position
September 30, 2024
13
Functions/Programs Expenses Charges for Services
Operating Grants and
Contributions Governmental Activities
Governmental activities:
Economic Environment 3,211,621$ 84,358$ 9,442,337$ 6,315,074$
Total governmental activities 3,211,621 84,358 9,442,337 6,315,074
Total primary government 3,211,621$ 84,358$ 9,442,337$ 6,315,074
926,216
(393,534)
532,682
6,847,756
21,588,241
28,435,997$
Net (Expense) Revenue
and Change in Net Position
Program Revenues Primary Government
General revenues:
Investment earnings
Clearwater Community Redevelopment Agency
Statement of Activities
For the Year Ended September 30, 2024
(A Component Unit of the City of Clearwater, Florida)
The notes to financial statements are an integral part of this statement.
Gain (loss) on sale of capital assets
Total general revenues
Change in net position
Net position - beginning
Net position - ending
14
General Fund North Greenwood CRA
Downtown CRA Capital
Projects Fund
North Greenwood CRA
Capital Projects Fund
Total Governmental
Funds
Assets
Cash and cash equivalents 326,217$ 5,575$ 15,458,174$ 3,345,263$ 19,135,229$
Mortgages, notes and other loans (net) 3,100,000 - - - 3,100,000
Accrued interest 57,335 - - - 57,335
Total assets 3,483,552$ 5,575$ 15,458,174$ 3,345,263$ 22,292,564$
Liabilities
Accounts and contracts payable 6,162$ 5,575$ 14,432$ -$ 26,169$
Due to other governments 373,440 - - - 373,440
Total liabilities 379,602 5,575 14,432 - 399,609
Fund Balance
Restricted 3,103,950 - 15,443,742 3,345,263 21,892,955
Total fund balance 3,103,950 - 15,443,742 3,345,263 21,892,955
Total liabilities and fund balance 3,483,552$ 5,575$ 15,458,174$ 3,345,263$ 22,292,564$
The notes to financial statements are an integral part of this statement.
Clearwater Community Redevelopment Agency
(A Component Unit of the City of Clearwater, Florida)
Balance Sheet
Governmental Funds
September 30, 2024
15
$ 21,892,955
Cost of capital assets $ 6,655,658
Less: Accumulated Depreciation (112,616)
6,543,042
$ 28,435,997
The notes to financial statements are an integral part of this statement.
Reconciliation of Balance Sheet
Clearwater Community Redevelopment Agency
To the Statement of Net Position
For the Year Ended September 30, 2024
(A Component Unit of the City of Clearwater, Florida)
Net position of governmental activities
Amounts reported for governmental activities in the statement of net
position are different because:
Fund balances of governmental funds
Capital assets used in governmental activities are not financial resources and
are not reported in the funds.
16
General Fund North Greenwood CRA
Downtown CRA Capital
Projects Fund
North Greenwood CRA
Capital Projects Fund
Total Governmental
Funds
Revenues
Intergovernmental revenue - tax increment 6,091,499$ 350,838$ -$ -$ 6,442,337$
Intergovernmental revenue - local - - - 3,000,000 3,000,000
Charges for services 84,358 - - - 84,358
Investment earnings:
Interest 429,520 - - - 429,520
Net appreciation in fair value 496,696 - - - 496,696
Net investment earnings 926,216 - - - 926,216
Total revenues 7,102,073 350,838 - 3,000,000 10,452,911
Expenditures
Current:
Economic Environment 1,157,904 5,575 2,025,237 - 3,188,716
Total expenditures 1,157,904 5,575 2,025,237 - 3,188,716
Excess (deficiency) of revenues over expenditures 5,944,169 345,263 (2,025,237) 3,000,000 7,264,195
Other Financing Sources (Uses)
Transfers in 1,750,000 - 5,943,719 345,263 8,038,982
Transfers out (5,943,719) (345,263) (1,750,000) - (8,038,982)
Proceeds from the sale of capital assets 1,350,000 - - - 1,350,000
Total other financing sources (uses) (2,843,719) (345,263) 4,193,719 345,263 1,350,000
Net change in fund balances 3,100,450 - 2,168,482 3,345,263 8,614,195
Fund balances - beginning 3,500 - 13,275,260 - 13,278,760
Fund balances - ending 3,103,950$ -$ 15,443,742$ 3,345,263$ 21,892,955$
The notes to financial statements are an integral part of this statement.
Clearwater Community Redevelopment Agency
(A Component Unit of the City of Clearwater, Florida)
Governmental Funds
For the Year Ended September 30, 2024
17
$ 8,614,195
Less: Current year depreciation $ (22,905)
(22,905)
(1,743,534)
$ 6,847,756
The notes to financial statements are an integral part of this statement.
Net change in fund balances - total government funds
Amounts reported for governmental activities in the statement of activities are
different because:
Governmental funds report capital outlays as expenditures while governmental
activities report depreciation expense to allocate these costs over the life of the
assets. This is the amount by which capital outlays exceeded depreciation in the
current period.
The net book value of capital asset dispositions is reported in the Statement of
Activities but does not require the use of current financial resources and therefore
is not reported in the governmental funds.
Change in net position of governmental activities
Clearwater Community Redevelopment Agency
Fund Balances to the Statement of ActivitiesReconciliation of the Statement of Revenues, Expenditures and Changes in
For the Year Ended September 30, 2024
(A Component Unit of the City of Clearwater, Florida)
18
Original Final Actual
Variance with Final
Budget
REVENUES
Intergovernmental revenue - tax increment 6,094,622$ 6,091,499$ 6,091,499$ -$
Charges for services 84,357 84,357 84,358 1
Investment earnings (loss):
Interest 265,000 312,673 429,520 116,847
Net appreciation (depreciation) in fair value - - 496,696 496,696
Net investment earnings (loss) 265,000 312,673 926,216 613,543
Total revenues 6,443,979 6,488,529 7,102,073 613,544
EXPENDITURES
Current:
Economic Environment 1,607,738 1,608,247 1,157,904 450,343
Total expenditures 1,607,738 1,608,247 1,157,904 450,343
Excess (deficiency) of revenues over expenditures 4,836,241 4,880,282 5,944,169 1,063,887
OTHER FINANCING SOURCES (USES)
Transfers in - - 1,750,000 1,750,000
Transfers out (4,836,241) (4,880,282) (5,943,719) (1,063,437)
Proceeds from the sale of capital assets - - 1,350,000 1,350,000
Total other financing sources (uses) (4,836,241) (4,880,282) (2,843,719) 2,036,563
Net change in fund balances - - 3,100,450 3,100,450
Fund balances - beginning 3,500 3,500 3,500 -
Fund balances - ending 3,500$ 3,500$ 3,103,950$ 3,100,450$
Budgeted Amounts
The notes to financial statements are an integral part of this statement.
Clearwater Community Redevelopment Agency
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
General Fund
For the Year Ended September 30, 2024
(A Component Unit of the City of Clearwater, Florida)
19
Original Final Actual
Variance with Final
Budget
REVENUES
Intergovernmental revenue - tax increment -$ 347,489$ 350,838$ 3,349$
Intergovernmental revenue - local - 3,000,000 - (3,000,000)
Total revenues - 3,347,489 350,838 (2,996,651)
EXPENDITURES
Current:
Economic Environment - 114,426 5,575 108,851
Total expenditures - 114,426 5,575 108,851
Excess (deficiency) of revenues over expenditures - 3,233,063 345,263 (2,887,800)
OTHER FINANCING SOURCES (USES)
Transfers out - (3,233,063) (345,263) 2,887,800
Total other financing sources (uses) - (3,233,063) (345,263) 2,887,800
Net change in fund balances - - - -
Fund balances - beginning - - - -
Fund balances - ending -$ -$ -$ -$
Budgeted Amounts
The notes to financial statements are an integral part of this statement.
Clearwater Community Redevelopment Agency
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
North Greenwood CRA
For the Year Ended September 30, 2024
(A Component Unit of the City of Clearwater, Florida)
20
CLEARWATER COMMUNITY REDEVELOPMENT AGENCY
(A Component Unit of the City of Clearwater, Florida)
Notes to the Financial Statements
September 30, 2024
21
(1) Summary of Significant Accounting Policies
In 1981, the City of Clearwater (City) initially established a Community Redevelopment Agency
(CRA), generally encompassing 260 acres, excluding existing rights-of-way, within an area generally
described as Jones and Grove Streets to the north, Chestnut, Turner and Gould Streets to the south,
Clearwater Bay to the west, and Missouri and Frederica Avenues to the east. The CRA was expanded
in 2002 with approval of the City and the Pinellas County Board of County Commissioners to
incorporate the eastern gateway area to downtown now referred to as the “Downtown Gateway.” The
expansion area contains approximately 228 acres, excluding existing rights-of-way, abutting and to
the east of the original CRA, more generally described as the area lying east of Greenwood and
Missouri Avenues, east to Highland Avenue, and bounded to the north by Drew Street, and to the
south by Court Street.
In 2004, the City and Pinellas County approved a significant update to the Clearwater Downtown
Redevelopment Plan that set forth an ambitious list of capital improvement projects and strategies
for reducing blight and spurring economic redevelopment, for a duration of thirty years. As a
condition of CRA expansion, the CRA was required to update Pinellas County on its progress in
implementing the 2004 redevelopment plan after a 15-year time period. On February 26, 2019, the
County voted unanimously to continue its support of the CRA as an urban revitalization area and to
fund the CRA at 95% of the eligible tax increment for another 15 years, to 2034.
On January 12, 2023, the City of Clearwater adopted a Redevelopment Plan for the North Greenwood
Community Redevelopment Area by Resolution 23-01; and on February 2, 2023 adopted Ordinance
No. 9642-23 establishing a Redevelopment Trust Fund for the North Greenwood Community
Redevelopment Area pursuant to F.S. 163.387, providing for the deposit of funds into the trust fund,
establishing the base year, providing for the funding of the Redevelopment Trust Fund, providing for
the appropriation of tax increment revenues to the Redevelopment Trust Fund, providing for the use
of such funds by the Community Redevelopment Agency, and providing for the duration of the tax
increment financing. On May 23, 2023, the Pinellas County Board of County Commissioners
adopted County Resolution 23-44 and County Ordinance 23-5, formally approving the North
Greenwood CRA Plan, creating a Redevelopment Trust Fund, and setting the County’s TIF
contribution rate at 95%. The County’s approval also established a mid-point review in ten years that
will include a full assessment by staff with recommendations if the County’s TIF contribution should
be adjusted or ended, and directed the creation of a North Greenwood Community Redevelopment
Citizen Advisory Committee.
The CRA is funded primarily by tax increment financing (TIF) revenues collected from Pinellas
County, the City of Clearwater, and the Clearwater Downtown Development Board (for the original
Downtown CRA district only). TIF revenues are based on the increase in taxable value in each CRA
district over a base year, which is identified as 1981 for the original Downtown CRA district, 2004
for the expanded Downtown CRA district, and 2022 for the North Greenwood CRA district.
The Clearwater City Council serves as the governing board of the CRA, and City management has
operational responsibility for the CRA. The CRA does not have any employees.
CLEARWATER COMMUNITY REDEVELOPMENT AGENCY
(A Component Unit of the City of Clearwater, Florida)
Notes to the Financial Statements
September 30, 2024
22
The CRA maintains its accounting records in accordance with generally accepted accounting
principles (GAAP) as applied to government units. The Governmental Accounting Standards Board
(GASB) is the accepted standard-setting body for establishing governmental accounting and financial
reporting principles. The more significant of the CRA’s accounting policies are described below.
(a) Reporting Entity
The Governmental Accounting Standards Board requires that these financial statements
disclose any component units of the Clearwater Community Redevelopment Agency.
Component units generally are legally separate entities for which a primary government is
financially accountable. In addition, the primary government is able to impose its will upon the
component unit, or there is a possibility that the component unit may provide specific financial
benefits or impose specific financial burdens on the primary government. The CRA does not
have any component units. The CRA a component unit of the City of Clearwater and, therefore,
is reported as a blended component unit in the City’s Annual Comprehensive Financial Report
in accordance with generally accepted accounting principles.
(b) Government-Wide and Fund Financial Statements
The government-wide financial statements (the statement of net position and the statement of
activities) report information on all of the activities of the primary government. Governmental
activities normally are supported by tax increment financing collected from the Pinellas
County, the City of Clearwater, and the Clearwater Downtown Development Board for the
Downtown CRA district, and Pinellas County and the City of Clearwater for the North
Greenwood CRA district, which are reported as intergovernmental revenues.
The statement of activities demonstrates the degree to which the direct expenses of a given
function or segment is offset by program revenues. Direct expenses are those that are clearly
identifiable with a specific function or segment. Program revenues include 1) charges to
customers or applicants who purchase, use, or directly benefit from goods, services, or
privileges provided by a given function or segment and 2) grants and contributions that are
restricted to meeting the operational or capital requirements of a particular function or segment.
Other items not properly included among program revenues are reported instead as general
revenues.
Separate financial statements are provided for the governmental funds. Since the governmental
fund financial statements are presented on a different measurement focus and basis of
accounting than the government-wide statements’ governmental activities column, a
reconciliation is presented on the page following each statement, which briefly explains the
adjustments necessary to reconcile the fund based financial statements to the governmental
activities column of the government-wide presentation.
(c) Measurement Focus, Basis of Accounting, and Financial Statement Presentation
The government-wide financial statements are reported using the economic resources
measurement focus and the accrual basis of accounting. Revenues are recorded when earned
CLEARWATER COMMUNITY REDEVELOPMENT AGENCY
(A Component Unit of the City of Clearwater, Florida)
Notes to the Financial Statements
September 30, 2024
23
and expenses are recorded when a liability is incurred, regardless of the timing of related cash
flows. Grants and similar items are recognized as revenue as soon as all eligibility requirements
imposed by the provider have been met.
Governmental fund financial statements are reported using the current financial resources
measurement focus and the modified accrual basis of accounting. Revenues are recognized as
soon as they are both measurable and available. Revenues are considered to be available when
they are collectible within the current period or soon enough thereafter to pay liabilities of the
current period. For this purpose, the government considers revenues to be available if they are
collected within sixty days of the end of the current fiscal period. Expenditures generally are
recorded when a liability is incurred, as under accrual accounting.
Interest income associated with the current fiscal period is considered to be susceptible to
accrual and so has been recognized as revenues of the current fiscal period. All other revenue
items are considered to be measurable and available only when cash is received by the CRA.
The CRA reports the following major governmental funds:
The general fund is the government’s primary operating fund, and includes the services,
supplies and expenditures that occur during the fiscal year to conduct the Downtown CRA’s
daily operations.
The special revenue fund includes the services, supplies and expenditures that occur during the
fiscal year to conduct the North Greenwood CRA’s daily operations.
The Downtown CRA capital projects fund is used to account for capital improvements and
funding for established programs within the Downtown CRA district whose work extends
beyond one fiscal year. Funds are appropriated to specific redevelopment projects in support
of the Clearwater Downtown Redevelopment Plan, which was most recently updated in 2018.
The North Greenwood CRA capital projects fund is used to account for capital improvements
and funding for established programs within the North Greenwood CRA district whose work
extends beyond one fiscal year. Funds are appropriated to specific redevelopment projects in
support of the North Greenwood Community Redevelopment Area Plan, which was adopted
in 2023.
(d) Budgets
An annual appropriated budget is legally adopted by the Trustees by resolution on a basis
consistent with generally accepted accounting principles for the general fund and the special
revenue fund. The budget is controlled at the fund level. The Trustees are authorized to transfer
budgeted amounts within the general fund and the special revenue fund. In instances where
appropriations and estimated revenues have been amended during the year by resolution,
budget data presented in the financial statements represent final authorized amounts.
Encumbrances outstanding at year-end are not reappropriated as part of the subsequent year’s
budget.
CLEARWATER COMMUNITY REDEVELOPMENT AGENCY
(A Component Unit of the City of Clearwater, Florida)
Notes to the Financial Statements
September 30, 2024
24
(e) Encumbrances
Encumbrance accounting is used in governmental funds to ensure effective budgetary control
and accountability and to facilitate effective cash planning and control. As of September 30,
2024, encumbrances expected to be honored upon performance by the vendor in the coming
year were:
General fund $ 3,950
Capital projects funds 1,423,469
$1,427,419
(f) Cash and Investments
The Clearwater Community Redevelopment Agency does not currently maintain accounts with
either financial institutions or brokerages titled under its name. Cash and cash equivalents as
presented in these financial statements reflects the CRA’s equity in the City of Clearwater’s
pooled cash and investments and for purposes of these financial statements are considered
demand deposits. All investments are governed by the City’s Investment Policy, adopted on
September 9, 2010.
Investments with original maturities of three months or less are considered to meet the
definition of cash equivalents. The majority of the investments in which the City’s funds have
equity are held by the City’s consolidated pool of cash and investments.
The City utilizes a consolidated cash pool to account for cash and investments of all City funds
other than those which are required by ordinance to be physically segregated. The CRA is a
participant in the City’s pooled cash and investments program. The consolidated cash pool
concept allows each participating fund to benefit from the economies of scale and improved
yield which are inherent to a larger investment pool. Formal accounting records detail the
individual equities of the participating funds. The cash pool utilizes a single checking account
for all receipts and disbursements.
Since fund equities in this cash management pool have the general characteristics of demand
deposits in that additional funds may be deposited at any time and also funds may be withdrawn
at any time without prior notice or penalty, each fund’s equity account is considered a cash
equivalent regardless of the maturities of investments held by the pool.
(g) Fund Balance
The Clearwater Community Redevelopment Agency classifies the elements of fund balance in
accordance with GASB Statement No. 54, Fund Balance Reporting and Governmental Fund
Type Definition. The objective of this statement is to enhance the usefulness of fund balance
information by providing clearer fund balance classifications that can be more consistently
applied. This statement establishes fund balance classifications that comprise a hierarchy based
primarily on the extent to which the CRA is bound to observe constraints imposed upon the
use of the resources reported in the general fund. Each classification of fund balance is based
on the relative strength of the constraints that control how specific amounts can be spent. The
CLEARWATER COMMUNITY REDEVELOPMENT AGENCY
(A Component Unit of the City of Clearwater, Florida)
Notes to the Financial Statements
September 30, 2024
25
order of spending would follow the same hierarchy; that is, if an amount for a specific purpose
is categorized as restricted or committed, then spending for such purpose would come from
that classification before any lower classification.
Nonspendable fund balance represents amounts that cannot be spent, such as inventories,
prepaid amounts, property held for resale, long-term notes receivable and amounts that are
legally or contractually required to remain intact.
Restricted fund balance includes amounts that can be spent only for the specific purposes
stipulated by constitution, external resource providers, or through enabling legislation.
Committed fund balance includes amounts that can be used only for the specific purposes
determined by the highest level of legal authority of the Trustees, a resolution, and can only be
changed by the same action.
Assigned fund balance includes amounts that are intended to be used by the Trustees for specific
purposes but do not meet the criteria to be classified as restricted or committed because they
are supported by management’s intent rather than a formal action of the Trustees.
Unassigned fund balance represents the residual amount of fund balance not contained in the
other classifications.
The Clearwater Community Redevelopment Agency has not adopted a minimum fund balance
policy.
(2) Deposits and Investments
Cash and cash equivalents as of September 30, 2024 are as follows:
Demand deposits $19,135,229
Interest Rate Risk
As a means of limiting exposure to fair value losses arising from rising interest rates, the City’s pooled
cash investment policy prohibits investments in securities maturing more than fifteen years from the
date of purchase, unless matched to a specific cash flow requirement. Additionally, the policy allows
no more than 10% of the portfolio to have maturities in excess of ten years unless specifically matched
against a debt or obligation. Finally, the investment policy states that it is the City’s intent to keep
the weighted average maturity to three years or less, except for temporary situations due to market
conditions and/or cash needs when the average maturity may exceed three years but shall not exceed
five years.
Credit Risk
The City’s pooled cash investment policy, in accordance with Florida Statutes, allows investments in
direct obligations of the United States, federal agencies, debt issued by the State of Florida or any
political subdivision, and commercial paper of prime quality of the highest letter and numerical rating
as provided by at least one nationally recognized rating service.
CLEARWATER COMMUNITY REDEVELOPMENT AGENCY
(A Component Unit of the City of Clearwater, Florida)
Notes to the Financial Statements
September 30, 2024
26
Concentration of Credit Risk
The City’s pooled cash investment policy limits the investment in any one issuer to 40% of the
portfolio.
Custodial Credit Risk
Monies on deposit with financial institutions are held in qualified public depositories pursuant to
Chapter 280, Florida Statutes, which provides protection against any loss to public depositors.
Consistent with the City’s investment policy, investments securities owned by the City are held by
the City’s custodian in the City’s name and all purchases use the “delivery vs. payment” procedure.
(3) Capital Assets
Capital asset activity for the year ended September 30, 2024 is as follows:
Beginning Ending
Governmental Activities:Balance Increases Decreases Balance
Non-depreciable capital assets:
Land 7,717,844$ -$ (1,743,534)$ 5,974,310$
Construction in progress 223,250 - - 223,250
Total non-depreciable capital assets 7,941,094 - (1,743,534) 6,197,560
Depreciable capital assets:
Buildings 458,098 - - 458,098
Total depreciable capital assets 458,098 - - 458,098
Less accumulated depreciation for:
Buildings (89,711) (22,905) - (112,616)
Total accumulated depreciation (89,711) (22,905) - (112,616)
Net depreciable capital assets 368,387 (22,905) - 345,482
Net governmental activities capital assets 8,309,481$ (22,905)$ (1,743,534)$ 6,543,042$
(4) Interfund transfers
Transfers from the general fund to the Downtown CRA capital projects fund contributed to the
following projects:
Community Policing project $ 257,643
Community Engagement project 250,000
Economic Development - City project 1,611,318
Economic Development - County project 246,160
Transportation - City project 100,000
Transportation - County project 250,000
Housing - City project 1,147,269
Housing - County project 2,081,329
$ 5,943,719
CLEARWATER COMMUNITY REDEVELOPMENT AGENCY
(A Component Unit of the City of Clearwater, Florida)
Notes to the Financial Statements
September 30, 2024
27
Transfers from the special revenue fund to the North Greenwood CRA capital projects fund
contributed to the following projects:
Economic Development - City project $ 112,200
Housing - City project 76,422
Housing - County project 78,321
Mobility - County project 78,320
$ 345,263
Transfers from the Downtown CRA capital projects fund to the General Fund were contributed by
the following project for the Archway Gardens mortgage loan:
Housing - County project $ 1,750,000
(5) Interlocal Agreements
On September 18, 2023, the Clearwater Community Redevelopment Agency (CRA) Trustees
approved an interlocal agreement with the City of Clearwater (City) to provide funding in the
amount of $257,643 to underwrite the cost of additional community policing services by the
Clearwater Police Department to reduce the sale of illegal narcotics and reduce the prevalence of
prostitution, address homeless issues, and improve the safety and security of residents and
businesses in the Downtown Gateway, Prospect Lake, and the Downtown Core areas encompassed
by the CRA.
On September 18, 2023, the Clearwater Community Redevelopment Agency (CRA) Trustees
approved an interlocal agreement with the City of Clearwater (City) to provide funding for staffing,
information technology and telephone services for the CRA, and reimbursement of certain expenses
by the CRA to the City. Actual fees reimbursed to the City by the CRA totaled $718,951 for the
fiscal year.
On September 18, 2023, the Clearwater Community Redevelopment Agency (CRA) Trustees
approved an interlocal agreement with the Clearwater Downtown Development Board (DDB) for
the term of October 1, 2023 to September 30, 2024. The agreement specifies that the CRA will
refund to the DDB the fiscal 2024 tax increment payment received from the DDB, which totaled
$363,521 for the fiscal year, in support of downtown redevelopment initiatives. The agreement
also provides that the CRA will deduct $84,358 from the reimbursement, to represent
reimbursement to the CRA from the DDB for fiscal 2023 administrative support services provided.
(6) Contingent Liabilities and Commitments
For the year ended September 30, 2024, the CRA did not receive any amounts from grantor agencies
that are subject to audit and adjustment by grantor agencies.
CLEARWATER COMMUNITY REDEVELOPMENT AGENCY
(A Component Unit of the City of Clearwater, Florida)
Notes to the Financial Statements
September 30, 2024
28
(7) Loans Payable
The following loans payable are reported as Due to Other Governments on the general fund balance
sheet and the government-wide statement of net position:
City of Clearwater:
On September 1, 2011, the City of Clearwater approved a loan to the CRA in the amount of $325,440
for the environmental cleanup expense of the Car Pro site in the East Gateway area of the Downtown
CRA district. The loan is interest-free and is to be repaid upon the sale of the parcel.
Clearwater Downtown Development Board:
On September 22, 2003, the CRA Trustees approved an interlocal agreement with the Clearwater
Downtown Development Board (DDB). Under the terms of this agreement, the DDB agreed to loan
the CRA $48,000 to purchase property. The unsecured loan is not subject to interest and will be repaid
to the DDB upon subsequent sale of the property. If the property is resold for an amount greater than
the original purchase price, the CRA will pay a proportionate share (3.85%) of the profit. If the
property sells for less than the original purchase price, then the CRA will reimburse the DDB for the
entire principal amount of the loan.
(8) Mortgage Loans Receivable
On April 9, 2024, the Community Redevelopment Agency closed on the sale of seven parcels at 1260
Cleveland Street and 1277 Grove Street to Archway Clearwater Gardens, LLC for the construction
of an 81-unit affordable housing development consisting of one- and two-bedroom apartment units
ranging from 620-890 square feet. The units will be limited to households earning up to 30%-80%
of Area Median Income and will be income restricted for the life of the project. This transaction is
secured by a mortgage note in the amount of $17 million to Raymond James Bank as senior lender;
a second subordinate mortgage note to the Community Redevelopment Agency in the amount of $3
million for a 30-year deferred term at 0% interest; a third subordinate mortgage note to the City of
Clearwater in the amount of $610,000 funded by SHIP and HOME grants for a 30-year term at 0%
interest; and a fourth subordinate mortgage note to the Community Redevelopment Agency in the
amount of $1.35 million for a 40-year deferred term at 4.18% interest. As of September 30, 2024,
mortgage loans total $3.1 million, consisting of $1.75 million of the $3 million loan drawn to date,
plus $1.35 million for the purchase of the property from the Community Redevelopment Agency.
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29
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ĚĂƚĞĚƉƌŝůϭϱ͕ϮϬϮϱ͘
ƵĚŝƚŽƌ͛ƐZĞƐƉŽŶƐŝďŝůŝƚLJ
tĞĐŽŶĚƵĐƚĞĚŽƵƌĂƵĚŝƚŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚĂƵĚŝƚŝŶŐƐƚĂŶĚĂƌĚƐŐĞŶĞƌĂůůLJĂĐĐĞƉƚĞĚŝŶƚŚĞhŶŝƚĞĚ^ƚĂƚĞƐ
ŽĨŵĞƌŝĐĂ͖ƚŚĞƐƚĂŶĚĂƌĚƐĂƉƉůŝĐĂďůĞƚŽĨŝŶĂŶĐŝĂůĂƵĚŝƚƐĐŽŶƚĂŝŶĞĚŝŶ'ŽǀĞƌŶŵĞŶƚƵĚŝƚŝŶŐ^ƚĂŶĚĂƌĚƐ͕
ŝƐƐƵĞĚďLJƚŚĞŽŵƉƚƌŽůůĞƌ'ĞŶĞƌĂůŽĨƚŚĞhŶŝƚĞĚ^ƚĂƚĞƐĂŶĚŚĂƉƚĞƌϭϬ͘ϱϱϬ͕ZƵůĞƐŽĨƚŚĞƵĚŝƚŽƌ'ĞŶĞƌĂů͘
KƚŚĞƌZĞƉŽƌƚŝŶŐZĞƋƵŝƌĞŵĞŶƚƐ
tĞŚĂǀĞŝƐƐƵĞĚŽƵƌ/ŶĚĞƉĞŶĚĞŶƚƵĚŝƚŽƌ͛ƐZĞƉŽƌƚŽŶ/ŶƚĞƌŶĂůŽŶƚƌŽůŽǀĞƌ&ŝŶĂŶĐŝĂůZĞƉŽƌƚŝŶŐĂŶĚŽŶ
ŽŵƉůŝĂŶĐĞĂŶĚKƚŚĞƌDĂƚƚĞƌƐĂƐĞĚŽŶĂŶƵĚŝƚŽĨƚŚĞ&ŝŶĂŶĐŝĂů^ƚĂƚĞŵĞŶƚƐWĞƌĨŽƌŵĞĚŝŶĐĐŽƌĚĂŶĐĞ
ǁŝƚŚ'ŽǀĞƌŶŵĞŶƚƵĚŝƚŝŶŐ^ƚĂŶĚĂƌĚƐ͖/ŶĚĞƉĞŶĚĞŶƚĐĐŽƵŶƚĂŶƚ͛ƐZĞƉŽƌƚŽŶĂŶĞdžĂŵŝŶĂƚŝŽŶĐŽŶĚƵĐƚĞĚŝŶ
ĂĐĐŽƌĚĂŶĐĞǁŝƚŚ/WWƌŽĨĞƐƐŝŽŶĂů^ƚĂŶĚĂƌĚƐ͕dͲ^ĞĐƚŝŽŶϯϭϱ͕ƌĞŐĂƌĚŝŶŐĐŽŵƉůŝĂŶĐĞƌĞƋƵŝƌĞŵĞŶƚƐŝŶ
ĂĐĐŽƌĚĂŶĐĞǁŝƚŚŚĂƉƚĞƌϭϬ͘ϱϱϬ͕ZƵůĞƐŽĨƚŚĞƵĚŝƚŽƌ'ĞŶĞƌĂů͘ŝƐĐůŽƐƵƌĞƐŝŶƚŚŽƐĞƌĞƉŽƌƚƐ͕ǁŚŝĐŚĂƌĞ
ĚĂƚĞĚƉƌŝůϭϱ͕ϮϬϮϱ͕ƐŚŽƵůĚďĞĐŽŶƐŝĚĞƌĞĚŝŶĐŽŶũƵŶĐƚŝŽŶǁŝƚŚƚŚŝƐŵĂŶĂŐĞŵĞŶƚůĞƚƚĞƌ͘
WƌŝŽƌƵĚŝƚ&ŝŶĚŝŶŐƐ
^ĞĐƚŝŽŶ ϭϬ͘ϱϱϰ;ϭͿ;ŝͿϭ͕͘ ZƵůĞƐ ŽĨ ƚŚĞ ƵĚŝƚŽƌ 'ĞŶĞƌĂů͕ ƌĞƋƵŝƌĞƐƚŚĂƚ ǁĞ ĚĞƚĞƌŵŝŶĞ ǁŚĞƚŚĞƌ Žƌ ŶŽƚ
ĐŽƌƌĞĐƚŝǀĞĂĐƚŝŽŶƐŚĂǀĞďĞĞŶƚĂŬĞŶƚŽĂĚĚƌĞƐƐĨŝŶĚŝŶŐƐĂŶĚƌĞĐŽŵŵĞŶĚĂƚŝŽŶƐŵĂĚĞŝŶƚŚĞƉƌĞĐĞĚŝŶŐ
ĂŶŶƵĂůĨŝŶĂŶĐŝĂůĂƵĚŝƚƌĞƉŽƌƚ͘EŽĂƵĚŝƚĨŝŶĚŝŶŐƐŽƌƌĞĐŽŵŵĞŶĚĂƚŝŽŶƐǁĞƌĞŶŽƚĞĚŝŶƚŚĞƉƌĞĐĞĚŝŶŐĂŶŶƵĂů
ĨŝŶĂŶĐŝĂůĂƵĚŝƚƌĞƉŽƌƚ͘
KĨĨŝĐŝĂůdŝƚůĞĂŶĚ>ĞŐĂůƵƚŚŽƌŝƚLJ
^ĞĐƚŝŽŶϭϬ͘ϱϱϰ;ϭͿ;ŝͿϰ͕͘ZƵůĞƐŽĨƚŚĞƵĚŝƚŽƌ'ĞŶĞƌĂů͕ƌĞƋƵŝƌĞƐƚŚĂƚƚŚĞŶĂŵĞŽƌŽĨĨŝĐŝĂůƚŝƚůĞĂŶĚůĞŐĂů
ĂƵƚŚŽƌŝƚLJĨŽƌƚŚĞƉƌŝŵĂƌLJŐŽǀĞƌŶŵĞŶƚĂŶĚĞĂĐŚĐŽŵƉŽŶĞŶƚƵŶŝƚŽĨƚŚĞƌĞƉŽƌƚŝŶŐĞŶƚŝƚLJďĞĚŝƐĐůŽƐĞĚŝŶƚŚŝƐ
ŵĂŶĂŐĞŵĞŶƚ ůĞƚƚĞƌ͕ ƵŶůĞƐƐ ĚŝƐĐůŽƐĞĚ ŝŶ ƚŚĞ ŶŽƚĞƐ ƚŽ ƚŚĞ ĨŝŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ͘ dŚĞ ŽŵŵƵŶŝƚLJ
ZĞĚĞǀĞůŽƉŵĞŶƚŐĞŶĐLJŝƐĂĐŽŵƉŽŶĞŶƚƵŶŝƚŽĨƚŚĞŝƚLJŽĨůĞĂƌǁĂƚĞƌ͕&ůŽƌŝĚĂĂŶĚǁĂƐĞƐƚĂďůŝƐŚĞĚďLJƚŚĞ
ŝƚLJŽĨůĞĂƌǁĂƚĞƌ͕&ůŽƌŝĚĂ͕KƌĚŝŶĂŶĐĞƐϮϱϳϲͲϴϭĂŶĚϮϳϳϵͲϴϮ͕ƉƵƌƐƵĂŶƚƚŽŚĂƉƚĞƌϭϲϯ͕WĂƌƚ///͕&ůŽƌŝĚĂ
^ƚĂƚƵƚĞƐ͘
&ŝŶĂŶĐŝĂůŽŶĚŝƚŝŽŶĂŶĚDĂŶĂŐĞŵĞŶƚ
^ĞĐƚŝŽŶϭϬ͘ϱϱϰ;ϭͿ;ŝͿϱ͘Ă͘ĂŶĚϭϬ͘ϱϱϲ;ϳͿ͕ZƵůĞƐŽĨƚŚĞƵĚŝƚŽƌ'ĞŶĞƌĂů͕ƌĞƋƵŝƌĞƵƐƚŽĂƉƉůLJĂƉƉƌŽƉƌŝĂƚĞ
ƉƌŽĐĞĚƵƌĞƐĂŶĚĐŽŵŵƵŶŝĐĂƚĞƚŚĞƌĞƐƵůƚƐŽĨŽƵƌĚĞƚĞƌŵŝŶĂƚŝŽŶĂƐƚŽǁŚĞƚŚĞƌŽƌŶŽƚƚŚĞŐĞŶĐLJŚĂƐŵĞƚ
ŽŶĞŽĨŵŽƌĞŽĨƚŚĞĐŽŶĚŝƚŝŽŶƐĚĞƐĐƌŝďĞĚŝŶ^ĞĐƚŝŽŶϮϭϴ͘ϱϬϯ;ϭͿ͕&ůŽƌŝĚĂ^ƚĂƚƵƚĞƐ͕ĂŶĚƚŽŝĚĞŶƚŝĨLJƚŚĞƐƉĞĐŝĨŝĐ
ĐŽŶĚŝƚŝŽŶƐŵĞƚ͘/ŶĐŽŶŶĞĐƚŝŽŶǁŝƚŚŽƵƌĂƵĚŝƚ͕ǁĞĚĞƚĞƌŵŝŶĞĚƚŚĂƚƚŚĞŐĞŶĐLJĚŝĚŶŽƚŵĞĞƚĂŶLJŽĨƚŚĞ
ĐŽŶĚŝƚŝŽŶƐĚĞƐĐƌŝďĞĚŝŶ^ĞĐƚŝŽŶϮϭϴ͘ϱϬϯ;ϭͿ͕&ůŽƌŝĚĂ^ƚĂƚƵƚĞƐ͘
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WƵƌƐƵĂŶƚƚŽ^ĞĐƚŝŽŶƐϭϬ͘ϱϱϰ;ϭͿ;ŝͿϱ͘ď͘ĂŶĚϭϬ͘ϱϱϲ;ϴͿ͕ZƵůĞƐŽĨƚŚĞƵĚŝƚŽƌ'ĞŶĞƌĂů͕ǁĞĂƉƉůŝĞĚĨŝŶĂŶĐŝĂů
ĐŽŶĚŝƚŝŽŶĂƐƐĞƐƐŵĞŶƚƉƌŽĐĞĚƵƌĞƐ͘/ƚŝƐŵĂŶĂŐĞŵĞŶƚ͛ƐƌĞƐƉŽŶƐŝďŝůŝƚLJƚŽŵŽŶŝƚŽƌƚŚĞŐĞŶĐLJ͛ƐĨŝŶĂŶĐŝĂů
ĐŽŶĚŝƚŝŽŶ͕ ĂŶĚ ŽƵƌ ĨŝŶĂŶĐŝĂů ĐŽŶĚŝƚŝŽŶ ĂƐƐĞƐƐŵĞŶƚ ǁĂƐ ďĂƐĞĚ ŝŶƉĂƌƚ ŽŶ ƌĞƉƌĞƐĞŶƚĂƚŝŽŶƐ ŵĂĚĞ ďLJ
ŵĂŶĂŐĞŵĞŶƚĂŶĚƚŚĞƌĞǀŝĞǁŽĨĨŝŶĂŶĐŝĂůŝŶĨŽƌŵĂƚŝŽŶƉƌŽǀŝĚĞĚďLJƐĂŵĞ͘
^ĞĐƚŝŽŶϭϬ͘ϱϱϰ;ϭͿ;ŝͿϮ͕͘ZƵůĞƐŽĨƚŚĞƵĚŝƚŽƌ'ĞŶĞƌĂů͕ƌĞƋƵŝƌĞƐƚŚĂƚǁĞĐŽŵŵƵŶŝĐĂƚĞĂŶLJƌĞĐŽŵŵĞŶĚĂƚŝŽŶƐ
ƚŽ ŝŵƉƌŽǀĞ ĨŝŶĂŶĐŝĂů ŵĂŶĂŐĞŵĞŶƚ͘ /Ŷ ĐŽŶŶĞĐƚŝŽŶ ǁŝƚŚ ŽƵƌ ĂƵĚŝƚ͕ǁĞĚŝĚŶŽƚŚĂǀĞĂŶLJƐƵĐŚ
ƌĞĐŽŵŵĞŶĚĂƚŝŽŶƐ͘
^ƉĞĐŝĨŝĐ/ŶĨŽƌŵĂƚŝŽŶ
ƐƌĞƋƵŝƌĞĚďLJ^ĞĐƚŝŽŶϮϭϴ͘ϯϵ;ϯͿ;ĐͿ͕&ůŽƌŝĚĂ^ƚĂƚƵƚĞƐ͕ĂŶĚ^ĞĐƚŝŽŶϭϬ͘ϱϱϰ;ϭͿ;ŝͿϳ͕ZƵůĞƐŽĨƚŚĞƵĚŝƚŽƌ'ĞŶĞƌĂů͕
ƚŚĞůĞĂƌǁĂƚĞƌŽŵŵƵŶŝƚLJZĞĚĞǀĞůŽƉŵĞŶƚŐĞŶĐLJƌĞƉŽƌƚĞĚ͗
Ă͘dŚĞƚŽƚĂůŶƵŵďĞƌŽĨĚŝƐƚƌŝĐƚĞŵƉůŽLJĞĞƐĐŽŵƉĞŶƐĂƚĞĚŝŶƚŚĞůĂƐƚƉĂLJƉĞƌŝŽĚŽĨƚŚĞŐĞŶĐLJ͛ƐĨŝƐĐĂů
LJĞĂƌĂƐͲϬͲ͘
ď͘dŚĞƚŽƚĂůŶƵŵďĞƌŽĨŝŶĚĞƉĞŶĚĞŶƚĐŽŶƚƌĂĐƚŽƌƐƚŽǁŚŽŵŶŽŶĞŵƉůŽLJĞĞĐŽŵƉĞŶƐĂƚŝŽŶǁĂƐƉĂŝĚŝŶ
ƚŚĞůĂƐƚŵŽŶƚŚŽĨƚŚĞŐĞŶĐLJ͛ƐĨŝƐĐĂůLJĞĂƌĂƐϮϮ͘
Đ͘ůůĐŽŵƉĞŶƐĂƚŝŽŶĞĂƌŶĞĚďLJŽƌĂǁĂƌĚĞĚƚŽĞŵƉůŽLJĞĞƐ͕ǁŚĞƚŚĞƌƉĂŝĚŽƌĂĐĐƌƵĞĚ͕ƌĞŐĂƌĚůĞƐƐŽĨ
ĐŽŶƚŝŶŐĞŶĐLJĂƐΨͲϬͲ͘
Ě͘ůůĐŽŵƉĞŶƐĂƚŝŽŶĞĂƌŶĞĚďLJŽƌĂǁĂƌĚĞĚƚŽŶŽŶĞŵƉůŽLJĞĞŝŶĚĞƉĞŶĚĞŶƚĐŽŶƚƌĂĐƚŽƌƐ͕ǁŚĞƚŚĞƌƉĂŝĚ
ŽƌĂĐĐƌƵĞĚ͕ƌĞŐĂƌĚůĞƐƐŽĨĐŽŶƚŝŶŐĞŶĐLJĂƐΨϰ͕ϱϱϳ͕ϱϮϳ͘
Ğ͘ ĂĐŚĐŽŶƐƚƌƵĐƚŝŽŶƉƌŽũĞĐƚǁŝƚŚĂƚŽƚĂůĐŽƐƚŽĨĂƚůĞĂƐƚΨϲϱ͕ϬϬϬĂƉƉƌŽǀĞĚďLJƚŚĞĚŝƐƚƌŝĐƚƚŚĂƚŝƐ
ƐĐŚĞĚƵůĞĚƚŽďĞŐŝŶŽŶŽƌĂĨƚĞƌKĐƚŽďĞƌϭŽĨƚŚĞĨŝƐĐĂůLJĞĂƌďĞŝŶŐƌĞƉŽƌƚĞĚ͘dŚĞZŚĂƐƐƉĞŶƚ
ΨϮϮϯ͕ϮϱϬƚŽĚĂƚĞ;ΨϬŝŶ&zϮϬϮϰͿĨŽƌƚŚĞƉƵƌƉŽƐĞŽĨĂŶŽƵƚĚŽŽƌĨĞƐƚŝǀĂůĂƌĞĂĂƚƚŚĞĞŶĚŽĨƚŚĞ
ůĞǀĞůĂŶĚ^ƚƌĞĞƚƉƌŽũĞĐƚ͕ǁŚŝĐŚǁĂƐƐƚŝůůƵŶĚĞƌĐŽŶƐƚƌƵĐƚŝŽŶĂƐŽĨϵͬϯϬͬϮϬϮϰ͘
Ĩ͘ďƵĚŐĞƚǀĂƌŝĂŶĐĞďĂƐĞĚŽŶƚŚĞďƵĚŐĞƚĂĚŽƉƚĞĚƵŶĚĞƌ^ĞĐƚŝŽŶϭϴϵ͘Ϭϭϲ;ϰͿ͕&ůŽƌŝĚĂ^ƚĂƚƵƚĞƐ͕
ďĞĨŽƌĞƚŚĞďĞŐŝŶŶŝŶŐŽĨƚŚĞĨŝƐĐĂůLJĞĂƌďĞŝŶŐƌĞƉŽƌƚĞĚŝĨƚŚĞĚŝƐƚƌŝĐƚĂŵĞŶĚƐĂĨŝŶĂůĂĚŽƉƚĞĚ
ďƵĚŐĞƚƵŶĚĞƌ^ĞĐƚŝŽŶϭϴϵ͘Ϭϭϲ;ϲͿ͕&ůŽƌŝĚĂ^ƚĂƚƵƚĞƐ͕ĂƐ^ƚĂƚĞŵĞŶƚŽĨZĞǀĞŶƵĞƐ͕ džƉĞŶĚŝƚƵƌĞƐ͕ĂŶĚ
ŚĂŶŐĞƐŝŶ&ƵŶĚĂůĂŶĐĞʹƵĚŐĞƚĂŶĚĐƚƵĂůʹ'ĞŶĞƌĂůŝŶĐůƵĚĞĚŝŶƚŚĞŐĞŶĐLJ͛ƐďĂƐŝĐĨŝŶĂŶĐŝĂů
ƐƚĂƚĞŵĞŶƚƐ͘
ƐƌĞƋƵŝƌĞĚďLJ^ĞĐƚŝŽŶϮϭϴ͘ϯϵ;ϯͿ;ĐͿ͕&ůŽƌŝĚĂ^ƚĂƚƵƚĞƐ͕ĂŶĚ^ĞĐƚŝŽŶϭϬ͘ϱϱϰ;ϭͿ;ŝͿϴ͕ZƵůĞƐŽĨƚŚĞƵĚŝƚŽƌ
'ĞŶĞƌĂů͕ƚŚĞůĞĂƌǁĂƚĞƌŽŵŵƵŶŝƚLJZĞĚĞǀĞůŽƉŵĞŶƚŐĞŶĐLJƌĞƉŽƌƚĞĚ͗
Ă͘dŚĞŵŝůůĂŐĞƌĂƚĞŝŵƉŽƐĞĚďLJƚŚĞŐĞŶĐLJĂƐͲϬͲ͘
ď͘dŚĞƚŽƚĂůĂŵŽƵŶƚŽĨĂĚǀĂůŽƌĞŵƚĂdžĞƐĐŽůůĞĐƚĞĚŽŶďĞŚĂůĨŽĨƚŚĞŐĞŶĐLJĂƐͲϬͲ͘
Đ͘dŚĞƚŽƚĂůĂŵŽƵŶƚŽĨŽƵƚƐƚĂŶĚŝŶŐďŽŶĚƐŝƐƐƵĞĚďLJƚŚĞŐĞŶĐLJĂŶĚƚŚĞƚĞƌŵƐŽĨƐƵĐŚďŽŶĚƐĂƐ
ΨͲϬͲ͘
ĚĚŝƚŝŽŶĂůDĂƚƚĞƌƐ
^ĞĐƚŝŽŶϭϬ͘ϱϱϰ;ϭͿ;ŝͿϯ͕͘ZƵůĞƐŽĨƚŚĞƵĚŝƚŽƌ'ĞŶĞƌĂů͕ƌĞƋƵŝƌĞƐƵƐƚŽĐŽŵŵƵŶŝĐĂƚĞŶŽŶĐŽŵƉůŝĂŶĐĞǁŝƚŚ
ƉƌŽǀŝƐŝŽŶƐŽĨĐŽŶƚƌĂĐƚƐŽƌŐƌĂŶƚĂŐƌĞĞŵĞŶƚƐ͕ŽƌĨƌĂƵĚ͕ǁĂƐƚĞ͕ŽƌĂďƵƐĞ͕ƚŚĂƚŚĂƐŽĐĐƵƌƌĞĚŽƌĂƌĞůŝŬĞůLJƚŽ
ŚĂǀĞŽĐĐƵƌƌĞĚ͕ƚŚĂƚŚĂƐĂŶĞĨĨĞĐƚŽŶƚŚĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐƚŚĂƚŝƐůĞƐƐƚŚĂŶŵĂƚĞƌŝĂůďƵƚǁĂƌƌĂŶƚƐƚŚĞ
ĂƚƚĞŶƚŝŽŶŽĨƚŚŽƐĞĐŚĂƌŐĞĚǁŝƚŚŐŽǀĞƌŶĂŶĐĞ͘/ŶĐŽŶŶĞĐƚŝŽŶǁŝƚŚŽƵƌĂƵĚŝƚ͕ǁĞĚŝĚŶŽƚŶŽƚĞĂŶLJƐƵĐŚ
ĨŝŶĚŝŶŐƐ͘
32
WƵƌƉŽƐĞŽĨƚŚŝƐ>ĞƚƚĞƌ
KƵƌ ŵĂŶĂŐĞŵĞŶƚ ůĞƚƚĞƌ ŝƐ ŝŶƚĞŶĚĞĚ ƐŽůĞůLJ ĨŽƌ ƚŚĞ ŝŶĨŽƌŵĂƚŝŽŶ ĂŶĚ ƵƐĞ ŽĨ ƚŚĞ >ĞŐŝƐůĂƚŝǀĞ ƵĚŝƚŝŶŐ
ŽŵŵŝƚƚĞĞ͕ŵĞŵďĞƌƐŽĨƚŚĞ&ůŽƌŝĚĂ^ĞŶĂƚĞĂŶĚƚŚĞ&ůŽƌŝĚĂ,ŽƵƐĞŽĨZĞƉƌĞƐĞŶƚĂƚŝǀĞƐ͕ƚŚĞ&ůŽƌŝĚĂƵĚŝƚŽƌ
'ĞŶĞƌĂů͕&ĞĚĞƌĂůĂŶĚŽƚŚĞƌŐƌĂŶƚŝŶŐĂŐĞŶĐŝĞƐ͕ĂŶĚĂƉƉůŝĐĂďůĞŵĂŶĂŐĞŵĞŶƚ͕ĂŶĚŝƐŶŽƚŝŶƚĞŶĚĞĚƚŽďĞĂŶĚ
ƐŚŽƵůĚŶŽƚďĞƵƐĞĚďLJĂŶLJŽŶĞŽƚŚĞƌƚŚĂŶƚŚĞƐĞƐƉĞĐŝĨŝĞĚƉĂƌƚŝĞƐ͘
ZZ͕Z/''^Θ/E'ZD͕>͘>͘͘
ůĞĂƌǁĂƚĞƌ͕&ůŽƌŝĚĂ
Ɖƌŝůϭϱ͕ϮϬϮϱ
33
/E W E EdKhEdEd͛^Z WKZdKEKDW>/E t/d,
^ d/KEϮϭϴ͘ϰϭϱ͕&>KZ/^ddhd ^
dŽƚŚĞ,ŽŶŽƌĂďůĞŚĂŝƌĂŶĚdƌƵƐƚĞĞƐ
ůĞĂƌǁĂƚĞƌŽŵŵƵŶŝƚLJZĞĚĞǀĞůŽƉŵĞŶƚŐĞŶĐLJ
tĞŚĂǀĞĞdžĂŵŝŶĞĚƚŚĞůĞĂƌǁĂƚĞƌŽŵŵƵŶŝƚLJZĞĚĞǀĞůŽƉŵĞŶƚŐĞŶĐLJ;͞ŐĞŶĐLJ͟Ϳ͕ĐŽŵƉůŝĂŶĐĞǁŝƚŚƚŚĞ
ƌĞƋƵŝƌĞŵĞŶƚƐŽĨ^ĞĐƚŝŽŶϮϭϴ͘ϰϭϱ͕&ůŽƌŝĚĂ^ƚĂƚƵƚĞƐ͕>ŽĐĂů'ŽǀĞƌŶŵĞŶƚ/ŶǀĞƐƚŵĞŶƚWŽůŝĐŝĞƐ͕ĚƵƌŝŶŐƚŚĞLJĞĂƌ
ĞŶĚĞĚ ^ĞƉƚĞŵďĞƌ ϯϬ͕ ϮϬϮϰ͘ DĂŶĂŐĞŵĞŶƚ ŝƐ ƌĞƐƉŽŶƐŝďůĞ ĨŽƌ ƚŚĞ ŐĞŶĐLJ͛Ɛ ĐŽŵƉůŝĂŶĐĞ ǁŝƚŚ ƚŚĞ
ƌĞƋƵŝƌĞŵĞŶƚƐ͘KƵƌƌĞƐƉŽŶƐŝďŝůŝƚLJŝƐƚŽĞdžƉƌĞƐƐĂŶŽƉŝŶŝŽŶŽŶƚŚĞŐĞŶĐLJ͛ƐĐŽŵƉůŝĂŶĐĞǁŝƚŚƚŚĞƐƉĞĐŝĨŝĞĚ
ƌĞƋƵŝƌĞŵĞŶƚƐďĂƐĞĚŽŶŽƵƌĞdžĂŵŝŶĂƚŝŽŶ͘
KƵƌĞdžĂŵŝŶĂƚŝŽŶǁĂƐĐŽŶĚƵĐƚĞĚŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚĂƚƚĞƐƚĂƚŝŽŶƐƚĂŶĚĂƌĚƐĞƐƚĂďůŝƐŚĞĚďLJƚŚĞŵĞƌŝĐĂŶ
/ŶƐƚŝƚƵƚĞ ŽĨ ĞƌƚŝĨŝĞĚ WƵďůŝĐ ĐĐŽƵŶƚĂŶƚƐ͘ dŚŽƐĞ ƐƚĂŶĚĂƌĚƐ ƌĞƋƵŝƌĞ ƚŚĂƚ ǁĞ ƉůĂŶ ĂŶĚ ƉĞƌĨŽƌŵ ƚŚĞ
ĞdžĂŵŝŶĂƚŝŽŶƚŽŽďƚĂŝŶƌĞĂƐŽŶĂďůĞĂƐƐƵƌĂŶĐĞĂďŽƵƚǁŚĞƚŚĞƌƚŚĞŐĞŶĐLJĐŽŵƉůŝĞĚ͕ŝŶĂůůŵĂƚĞƌŝĂůƌĞƐƉĞĐƚƐ͕
ǁŝƚŚƚŚĞƐƉĞĐŝĨŝĞĚƌĞƋƵŝƌĞŵĞŶƚƐƌĞĨĞƌĞŶĐĞĚĂďŽǀĞ͘ŶĞdžĂŵŝŶĂƚŝŽŶŝŶǀŽůǀĞƐƉĞƌĨŽƌŵŝŶŐƉƌŽĐĞĚƵƌĞƐƚŽ
ŽďƚĂŝŶĞǀŝĚĞŶĐĞĂďŽƵƚǁŚĞƚŚĞƌƚŚĞŐĞŶĐLJĐŽŵƉůŝĞĚǁŝƚŚƚŚĞƐƉĞĐŝĨŝĞĚƌĞƋƵŝƌĞŵĞŶƚƐ͘dŚĞŶĂƚƵƌĞ͕ƚŝŵŝŶŐ͕
ĂŶĚĞdžƚĞŶƚŽĨƚŚĞƉƌŽĐĞĚƵƌĞƐƐĞůĞĐƚĞĚĚĞƉĞŶĚŽŶŽƵƌũƵĚŐŵĞŶƚ͕ŝŶĐůƵĚŝŶŐĂŶĂƐƐĞƐƐŵĞŶƚŽĨƚŚĞƌŝƐŬƐŽĨ
ŵĂƚĞƌŝĂůŶŽŶĐŽŵƉůŝĂŶĐĞ͕ǁŚĞƚŚĞƌĚƵĞƚŽĨƌĂƵĚŽƌĞƌƌŽƌ͘tĞďĞůŝĞǀĞƚŚĂƚƚŚĞĞǀŝĚĞŶĐĞǁĞŽďƚĂŝŶĞĚŝƐ
ƐƵĨĨŝĐŝĞŶƚĂŶĚĂƉƉƌŽƉƌŝĂƚĞƚŽƉƌŽǀŝĚĞĂƌĞĂƐŽŶĂďůĞďĂƐŝƐĨŽƌŽƵƌŽƉŝŶŝŽŶ͘
tĞĂƌĞƌĞƋƵŝƌĞĚƚŽďĞŝŶĚĞƉĞŶĚĞŶƚĂŶĚƚŽŵĞĞƚŽƵƌŽƚŚĞƌĞƚŚŝĐĂůƌĞƐƉŽŶƐŝďŝůŝƚŝĞƐŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚ
ƌĞůĞǀĂŶƚĞƚŚŝĐĂůƌĞƋƵŝƌĞŵĞŶƚƐƌĞůĂƚŝŶŐƚŽƚŚĞĞdžĂŵŝŶĂƚŝŽŶĞŶŐĂŐĞŵĞŶƚ͘
KƵƌĞdžĂŵŝŶĂƚŝŽŶĚŽĞƐŶŽƚƉƌŽǀŝĚĞĂůĞŐĂůĚĞƚĞƌŵŝŶĂƚŝŽŶŽŶƚŚĞŐĞŶĐLJ͛ƐĐŽŵƉůŝĂŶĐĞǁŝƚŚƐƉĞĐŝĨŝĞĚ
ƌĞƋƵŝƌĞŵĞŶƚƐ͘
/ŶŽƵƌŽƉŝŶŝŽŶ͕ƚŚĞŐĞŶĐLJĐŽŵƉůŝĞĚ͕ŝŶĂůůŵĂƚĞƌŝĂůƌĞƐƉĞĐƚƐ͕ǁŝƚŚƚŚĞĂĨŽƌĞŵĞŶƚŝŽŶĞĚƌĞƋƵŝƌĞŵĞŶƚƐĨŽƌ
ƚŚĞLJĞĂƌĞŶĚĞĚ^ĞƉƚĞŵďĞƌϯϬ͕ϮϬϮϰ͘
dŚŝƐƌĞƉŽƌƚŝƐŝŶƚĞŶĚĞĚƐŽůĞůLJĨŽƌƚŚĞŝŶĨŽƌŵĂƚŝŽŶĂŶĚƵƐĞŽĨŵĂŶĂŐĞŵĞŶƚĂŶĚƚŚĞ^ƚĂƚĞŽĨ&ůŽƌŝĚĂƵĚŝƚŽƌ
'ĞŶĞƌĂůĂŶĚŝƐŶŽƚŝŶƚĞŶĚĞĚƚŽďĞĂŶĚƐŚŽƵůĚŶŽƚďĞƵƐĞĚďLJĂŶLJŽŶĞŽƚŚĞƌƚŚĂŶƚŚĞƐĞƐƉĞĐŝĨŝĞĚƉĂƌƚŝĞƐ͘
ZZ͕Z/''^Θ/E'ZD͕>͘>͘͘
ůĞĂƌǁĂƚĞƌ͕&ůŽƌŝĚĂ
Ɖƌŝůϭϱ͕ϮϬϮϱ
34
/E W E EdKhEdEd͛^Z WKZdKEKDW>/E
t/d,Z s >KWD EddZh^d&hE
dŽƚŚĞ,ŽŶŽƌĂďůĞŚĂŝƌĂŶĚdƌƵƐƚĞĞƐ
ůĞĂƌǁĂƚĞƌŽŵŵƵŶŝƚLJZĞĚĞǀĞůŽƉŵĞŶƚŐĞŶĐLJ
tĞŚĂǀĞĞdžĂŵŝŶĞĚƚŚĞůĞĂƌǁĂƚĞƌŽŵŵƵŶŝƚLJZĞĚĞǀĞůŽƉŵĞŶƚŐĞŶĐLJ͛Ɛ;ƚŚĞ͞ŐĞŶĐLJ͟Ϳ͕ĐŽŵƉůŝĂŶĐĞǁŝƚŚ
ƚŚĞƌĞƋƵŝƌĞŵĞŶƚƐŽĨ^ĞĐƚŝŽŶƐϭϲϯ͘ϯϴϳ;ϲͿĂŶĚϭϲϯ͘ϯϴϳ;ϳͿ͕&ůŽƌŝĚĂ^ƚĂƚƵƚĞƐ͕ZĞĚĞǀĞůŽƉŵĞŶƚdƌƵƐƚ&ƵŶĚ͕
ĚƵƌŝŶŐƚŚĞLJĞĂƌĞŶĚĞĚ^ĞƉƚĞŵďĞƌϯϬ͕ϮϬϮϰ͘DĂŶĂŐĞŵĞŶƚŽĨƚŚĞŐĞŶĐLJŝƐƌĞƐƉŽŶƐŝďůĞĨŽƌƚŚĞŐĞŶĐLJ͛Ɛ
ĐŽŵƉůŝĂŶĐĞ ǁŝƚŚ ƚŚŽƐĞ ƌĞƋƵŝƌĞŵĞŶƚƐ͘ KƵƌ ƌĞƐƉŽŶƐŝďŝůŝƚLJ ŝƐ ƚŽ ĞdžƉƌĞƐƐ ĂŶ ŽƉŝŶŝŽŶ ŽŶ ƚŚĞ ŐĞŶĐLJ͛Ɛ
ĐŽŵƉůŝĂŶĐĞǁŝƚŚƚŚĞƐƉĞĐŝĨŝĞĚƌĞƋƵŝƌĞŵĞŶƚƐďĂƐĞĚŽŶŽƵƌĞdžĂŵŝŶĂƚŝŽŶ͘
KƵƌĞdžĂŵŝŶĂƚŝŽŶǁĂƐĐŽŶĚƵĐƚĞĚŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚĂƚƚĞƐƚĂƚŝŽŶƐƚĂŶĚĂƌĚƐĞƐƚĂďůŝƐŚĞĚďLJƚŚĞŵĞƌŝĐĂŶ
/ŶƐƚŝƚƵƚĞ ŽĨ ĞƌƚŝĨŝĞĚ WƵďůŝĐ ĐĐŽƵŶƚĂŶƚƐ͘ dŚŽƐĞ ƐƚĂŶĚĂƌĚƐ ƌĞƋƵŝƌĞ ƚŚĂƚ ǁĞ ƉůĂŶ ĂŶĚ ƉĞƌĨŽƌŵ ƚŚĞ
ĞdžĂŵŝŶĂƚŝŽŶƚŽŽďƚĂŝŶƌĞĂƐŽŶĂďůĞĂƐƐƵƌĂŶĐĞĂďŽƵƚǁŚĞƚŚĞƌƚŚĞŐĞŶĐLJĐŽŵƉůŝĞĚ͕ŝŶĂůůŵĂƚĞƌŝĂůƌĞƐƉĞĐƚƐ͕
ǁŝƚŚƚŚĞƐƉĞĐŝĨŝĞĚƌĞƋƵŝƌĞŵĞŶƚƐƌĞĨĞƌĞŶĐĞĚĂďŽǀĞ͘ŶĞdžĂŵŝŶĂƚŝŽŶŝŶǀŽůǀĞƐƉĞƌĨŽƌŵŝŶŐƉƌŽĐĞĚƵƌĞƐƚŽ
ŽďƚĂŝŶĞǀŝĚĞŶĐĞĂďŽƵƚǁŚĞƚŚĞƌƚŚĞŐĞŶĐLJĐŽŵƉůŝĞĚǁŝƚŚƚŚĞƐƉĞĐŝĨŝĞĚƌĞƋƵŝƌĞŵĞŶƚƐ͘dŚĞŶĂƚƵƌĞ͕ƚŝŵŝŶŐ͕
ĂŶĚĞdžƚĞŶƚŽĨƚŚĞƉƌŽĐĞĚƵƌĞƐƐĞůĞĐƚĞĚĚĞƉĞŶĚŽŶŽƵƌũƵĚŐŵĞŶƚ͕ŝŶĐůƵĚŝŶŐĂŶĂƐƐĞƐƐŵĞŶƚŽĨƚŚĞƌŝƐŬƐŽĨ
ŵĂƚĞƌŝĂůŶŽŶĐŽŵƉůŝĂŶĐĞ͕ǁŚĞƚŚĞƌĚƵĞƚŽĨƌĂƵĚŽƌĞƌƌŽƌ͘tĞďĞůŝĞǀĞƚŚĂƚƚŚĞĞǀŝĚĞŶĐĞǁĞŽďƚĂŝŶĞĚŝƐ
ƐƵĨĨŝĐŝĞŶƚĂŶĚĂƉƉƌŽƉƌŝĂƚĞƚŽƉƌŽǀŝĚĞĂƌĞĂƐŽŶĂďůĞďĂƐŝƐĨŽƌŽƵƌŽƉŝŶŝŽŶ͘
tĞĂƌĞƌĞƋƵŝƌĞĚƚŽďĞŝŶĚĞƉĞŶĚĞŶƚĂŶĚƚŽŵĞĞƚŽƵƌŽƚŚĞƌĞƚŚŝĐĂůƌĞƐƉŽŶƐŝďŝůŝƚŝĞƐŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚ
ƌĞůĞǀĂŶƚĞƚŚŝĐĂůƌĞƋƵŝƌĞŵĞŶƚƐƌĞůĂƚŝŶŐƚŽƚŚĞĞdžĂŵŝŶĂƚŝŽŶĞŶŐĂŐĞŵĞŶƚ͘
KƵƌĞdžĂŵŝŶĂƚŝŽŶĚŽĞƐŶŽƚƉƌŽǀŝĚĞĂůĞŐĂůĚĞƚĞƌŵŝŶĂƚŝŽŶŽŶƚŚĞŐĞŶĐLJ͛ƐĐŽŵƉůŝĂŶĐĞǁŝƚŚƐƉĞĐŝĨŝĞĚ
ƌĞƋƵŝƌĞŵĞŶƚƐ͘
/ŶŽƵƌŽƉŝŶŝŽŶ͕ƚŚĞŐĞŶĐLJĐŽŵƉůŝĞĚ͕ŝŶĂůůŵĂƚĞƌŝĂůƌĞƐƉĞĐƚƐ͕ǁŝƚŚƚŚĞĂĨŽƌĞŵĞŶƚŝŽŶĞĚƌĞƋƵŝƌĞŵĞŶƚƐĨŽƌ
ƚŚĞLJĞĂƌĞŶĚĞĚ^ĞƉƚĞŵďĞƌϯϬ͕ϮϬϮϰ͘
dŚŝƐƌĞƉŽƌƚŝƐŝŶƚĞŶĚĞĚƐŽůĞůLJĨŽƌƚŚĞŝŶĨŽƌŵĂƚŝŽŶĂŶĚƵƐĞŽĨŝƚLJŽƵŶĐŝů͕ŵĂŶĂŐĞŵĞŶƚĂŶĚƚŚĞ^ƚĂƚĞŽĨ
&ůŽƌŝĚĂƵĚŝƚŽƌ'ĞŶĞƌĂůĂŶĚŝƐŶŽƚŝŶƚĞŶĚĞĚƚŽďĞĂŶĚƐŚŽƵůĚŶŽƚďĞƵƐĞĚďLJĂŶLJŽŶĞŽƚŚĞƌƚŚĂŶƚŚĞƐĞ
ƐƉĞĐŝĨŝĞĚƉĂƌƚŝĞƐ͘
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This Page Intentionally Left Blank
CLEARWATER COMMUNITY
REDEVELOPMENT AGENCY
AUDIT PRESENTATION FOR YEAR ENDED SEPTEMBER 30, 2024
April 28, 2025
2
•Independent Auditor’s Report on basic financial
statements
–Unmodified opinion
•Government Auditing Standards Report
–No material weaknesses or significant deficiencies or other
instances of noncompliance
•Management Letter
–No findings to communicate
AUDITOR’S REPORT AND LETTER
3
•Local Government Investment Policies Report
–No significant issues noted
•Report on Compliance with Redevelopment Trust Fund
–No significant issues noted
AUDITOR’S REPORTS AND LETTER, cont.
4
•Significant accounting policies
No significant changes to accounting policies, policies can be seen in the footnotes
•Accounting estimates
Receivables allowance, fair value of investments and estimated useful lives of capital assets
•Significant difficulties encountered in the audit
No significant difficulties in dealing with management
•Disagreements with management
No disagreements arose during the course of the audit
•Other findings or issues
None noted
•Corrected and uncorrected misstatements
None noted
•Issues discussed with management prior to retention
None noted
•Internal control deficiencies
None noted
OTHER COMMUNICATIONS
5
QUESTIONS?
Cover Memo
City of Clearwater Main Library - Council
Chambers
100 N. Osceola Avenue
Clearwater, FL 33755
File Number: ID#25-0381
Agenda Date: 4/28/2025 Status: FiledVersion: 1
File Type: Action ItemIn Control: Community Redevelopment Agency
Agenda Number: 4.5
SUBJECT/RECOMMENDATION:
Discuss or schedule an Executive Session for active litigation.
Page 1 City of Clearwater Printed on 7/22/2025
Cover Memo
City of Clearwater Main Library - Council
Chambers
100 N. Osceola Avenue
Clearwater, FL 33755
File Number: ID#25-0340
Agenda Date: 4/28/2025 Status: FiledVersion: 1
File Type: Action ItemIn Control: Community Redevelopment Agency
Agenda Number: 4.6
SUBJECT/RECOMMENDATION:
Downtown Revitalization.
SUMMARY:
A monthly opportunity for CRA Trustees to exchange ideas and address downtown-related topics, and
priorities.
STRATEGIC PRIORITY:
2.1 Strengthen public-private initiatives that attract, develop, and retain diversified business sectors.
2.3 Promote Clearwater as a premier destination for entertainment, cultural experiences, tourism, and
national sporting events.
Page 1 City of Clearwater Printed on 7/22/2025
INDIVIDUAL SPEAKER
Citizen Comment Card
Name:
Address: -2
City: C 2-1^ - Zip:33-1 4
Telephone Number: •Z L-31- TS
Email Address: Js AS C' -
Speaking under citizens to be heard re
items not on the agenda?
Agenda item(s) to which you wish to speak:
What is your position on the item? For Against
v
RESIDENTIAL EXTERIOR
IMPROVEMENT GRANT
PROGRAM
APPLICATION FORM
City of Clearwater Community Redevelopment Agency
North Greenwood Community Redevelopment Area
TABLE OF CONTENTS
SECTION 1 — PROGRAM GOAL 1
SECTION 2 — PURPOSE AND INTENT 1
2
54
5
76
7
7
96
12-1
SECTION 3 — AVAILABLE ASSISTANCE AND PROGRAM ELIGIBILITY
SECTION 4 — ELIGIBLE RESIDENTIAL IMPROVEMENTS
SECTION 5 — PROGRAM REQUIREMENTS AND APPLICATION PROCESS
SECTION 6 — DISBURSEMENT POLICY AND PROCEDURE
SECTION 7 — GRANT EXPIRATION
SECTION 8 — COMPLIANCE WITH THE CITY OF CLEARWATER ETHICS CODE
SECTION 9 — APPLICATION
SECTION 10 — ELIGIBLE CRA AREA MAP
Residential Exterior Improvement Grant Program
Approved by the CRA Trustees July 15, 2024
Case Number:
RESIDENTIAL EXTERIOR IMPROVEMENT GRANT PROGRAM
The Program provides a matching grant of up to $20,000.
SECTION 1 — PROGRAM GOAL
The City of Clearwater (City) Community Redevelopment Agency (CRA) Residential Exterior
Improvement Grant Program (Program) is designed to increase access to redevelopment
funding for residential improvements to homesteaded single-family homes in the North
Greenwood Community Redevelopment Area (NGCRA). The purpose of the Program is to
rehabilitate single family homes, improve property conditions, aesthetics, reduce housing cost
burden, and aid in the elimination of slum and blight. The focus of this Program is directed to the
exterior improvement of residential properties to enhance neighborhood aesthetics and pride.
SECTION 2 — PURPOSE AND INTENT
The purpose of the Program is to support the implementation of the adopted Community
Redevelopment Area Plan (Plan) for the North Greenwood Community Redevelopment Area in
accordance with the Florida Community Redevelopment Act of 1969. Sections 163.330, et seq.,
Florida Statutes, by:
1) Carrying out plans for a program of voluntary or compulsory repair and rehabilitation of
buildings or other improvements in accordance with the community redevelopment plan
Sections 163.370(2)(c)(5), Florida Statutes).
2) Reducing the percent of households that are housing cost burdened (Plan Section 3.2,
Goals and Objectives, Goal 4 Housing Affordability, Objectives, page 94).
3) Prioritizing keeping existing residents in their homes through funding for addressing
property maintenance and building code issues and reducing visual blight (Plan Section
3.3, Redevelopment Policies, Housing, page 95).
4) Developing grant programs to improve the exterior and interior of blighted properties
Plan Section 4.5, Plan Implementation, Table 15, Goal 1 Policy Implementation: Public
Safety, page 134).
5) Developing programs to encourage neighborhood pride in yard and home appearance
Plan Section 4.5, Plan Implementation, Table 15, Goal 1 Policy Implementation: Public
Safety, page 136).
6) Providing emergency assistance funds for low-income residents for life safety home
repairs and renovations to accommodate physical disabilities (Plan Section 4.5, Plan
Implementation, Table 15, Goal 4 Policy Implementation: Housing Affordability, page
140).
7) Creating a grant program to reduce blight through the repair and preservation of historic
homes (Plan Section 4.5, Plan Implementation, Table 15, Goal 4 Policy Implementation:
Housing Affordability, page 142).
8) Creating value for the citizens of Clearwater and improving the North Greenwood CRA
by (themes stressed throughout the Plan):
a) Promoting a resident and neighborhood friendly atmosphere;
1
b) Promoting economic development and neighborhood revitalization;
c) Incentivizing property owners to enhance and sustain the values of their property;
d) Creating a more inviting and visually appealing atmosphere; and
e) Instilling a greater sense of place and civic identity.
It is not the intent of the CRA to engage in any rehabilitation activity that requires vacating
property or displacing any residents from property. Moreover, this Program does not assist in
temporary relocation cost or the development of new construction projects. Rather, it is to
rehabilitate existing single-family structures.
SECTION 3 — AVAILABLE ASSISTANCE AND PROGRAM ELIGIBILITY
The Program provides a matching grant, as specified below, of up to $20,000 to assist
applicants with exterior home repairs. Program assistance is based on a sliding scale and
adjusted for family size and income limits, which are subject to change from time to time.
Applicants with Household incomes that exceed 120% Area Median Income do not
qualify for this Program. Applicant will match the grant amount by the percentages listed
below (must provide proof of matching funds prior to project work commencing):
Area Median Income (AMI) % Applicant Contribution/Match
0 — 30% 5%*
31% — 50% 10%*
51% — 80% 15%**
81% —120% 20%**
121% — plus Not eligible for grant.
Match may be waived at the rate of one hour of community service per $150 of approved grant
amount and will be added back into the total grant amount not to exceed $20,000.
Up to 50% of Applicant's match may be waived at the rate of one hour of community service
per $150 of approved grant amount and will be added back into the total grant amount not to
exceed $20,000. (Community Service must be performed by Applicant, or anyone over 18
years of age legally residing in the home, within the NGCRA boundary and through a tax-
exempt not-for-profit organization recognized by the CRA or City of Clearwater.
Community service must be performed without pay or compensation from the not-for-
profit organization, and service must be performed in full hour increments rounding up
to the nearest whole hour. Scope of community service must be pre -approved, by the
CRA Director, prior to commencement. In addition, said community service must be
performed prior to release of grant funds.)
The CRA Director may waive, or reduce, on a case-by-case basis, the community service
provision for certain individuals with disabilities, including age related disabilities, or
other verifiable hardships, that prevent the Applicant, and anyone over 18 years of age
legally residing in the home, from performing community service. In -the -event -the -waiver
tozere-pew. The amount
of the reduction or waiver can be added back to the total _grant amount not to exceed
20,000.
2
The grant is a reimbursement grant, unless otherwise approved by the CRA Director to
pay an approved licensed contractor directly, no more than one payment within a 30 -day
period. The CRA Director may require in all grant applications that licensed contractors
be paid directly, eliminating the need for homeowners to pay contractors, and then
requesting reimbursement from the CRA.
The chart below is data provided by the Florida Housing Finance Corporation (FHFC) which is
based upon figures provided by the United States Department of Housing and Urban
Development (HUD) and are subject to change. Updated charts by FHFC will supersede any
income limit chart provided within this document. When updates are made available by FHFC,
the chart below will be updated.
County (Metro)
Percentage
Category
booms Limit by Number ofParsons in Homaboid
1 2 3 4 5 8 7 8
Pinellas County 30% 21,950 25,050 28,200 32,150 37,650 43,150 48,650 54,150
TT Pe-SLrg- 50% 30,E 41,700 48,950 52,150 58,550 60,500 64,700 68,850
CIearwmlerMSA) 80% 58,450 66,800 75,150 83,450 90,150 96,850 103,500 110,200
Median: 98,400 120% 87,800 100,088 112,680 125,160 135,240 145,200 155,280 185,240
140% 102,200 116,760 131,460 146,020 157,780 169,400 181,160 192,780
0 0
Eligibility Criteria
To be eligible for the Program, the project/property must meet all the following qualifications:
Applicant must be the owner of the subject property. *
The subject property must be a single-family home.
Property must be located within the North Greenwood Community Redevelopment Area.
The single-family home must be the primary residence and legal homestead of the
Applicant. In addition, the following may qualify for the Program.
Owners of property that have applied to Pinellas County for homestead
exemption consideration may be eligible for this Program.
Applicants that reside at the property, control said property other than through
outright ownership, and are authorized to approve the repairs and other work that
are the subject of this program, may provide alternative documents to
substantiate that they have such control and authority regarding the property.
This documentation may include probate court documents, wills, heirship
affidavit, letters of administration, or other legal documentation. After review of
3
the documents, the residing applicant(s) may qualify for the Program, provided
the applicant(s) wishing to apply for the Program reside at the property as their
primary residence. If such control or authority is disputed by another party or
parties, the application may be denied until such time as the Applicant resolves
such disputes.
Must demonstrate property taxes are current or a satisfactory payment plan is approved
by the CRA Director.
Must be current on mortgage payments (if applicable).
Must be in good standing with the city (no outstanding code enforcement or building
code violations). This requirement may be waived by the CRA Director if the work
proposed under this application will remediate the code violations.
If combined with a Home Rehabilitation Loan from the Economic Development and
Housing Department, other requirements may vary.
The owner of the Property (Owner) shall be the Applicant. Owner means a holder of
any legal or equitable estate in the premises, whether alone or jointly with others and
whether in possession or not shall include all individuals, associations, partnerships,
corporations, limited liability companies and others who have interest in a structure and
any who are in possession or control thereof as agent of the owner, as executor,
administrator, trustee, or guardian of the estate of the owner. No Owner shall receive
more than $250,000 in total CRA grant value across all CRA grant programs within a 36 -
month rolling year. For the purposes of this application, the total CRA grant value that an
Owner has received over such period shall be the combined value, in the 1-236 month
period immediately preceding the submission of an application for this program, of: (1)
the amount of CRA grant funds that the applicant has received; (2) the amount of CRA
grant funds that any holder of legal title in the subject property other than the applicant
has received; and (3) if a business entity holds legal title in the subject property, the total
amount of CRA grant funds received by any directors, members, partners, shareholders,
any others with an ownership interest in such entity, and any others able to exert
managerial control over or direct the affairs of said entity.
Previous Participation — Each property may not receive a grant any more than every
thirty-six months.
The following are ineligible for Program assistance:
Work or improvements that are completed prior to an application being approved.
Any unpermitted work or improvements performed on the property that required a permit
and inspections.
Any work or improvements on the property that fail required inspections.
Multi -family properties.
Properties that do not qualify for homestead exemption.
New construction or improvements on vacant land.
Project Implementation
Projects are to be coordinated, managed, and implemented by the Applicant with close
interaction with Community Redevelopment Agency Department staff and the appropriate City
departments. Applicant is responsible for obtaining/arranging any permits required by the city.
4
SECTION 4 — ELIGIBLE RESIDENTIAL IMPROVEMENTS
One or more of the following improvements may be eligible for Program assistance:
1) Exterior repairs (walls, foundation, piers, siding, etc.);
2) Exterior painting;
3) Exterior windows and doors;
4) Roof repairs or replacement, including facia board, soffits, and gutters;
5) Window or door awnings and shutters (including hurricane shutters; replacement or
repair);
6) Exterior weatherization improvements;
7) The installation, repair, or renovation of porches;
8) The installation of decorative lighting;
9) Decorative fencing;
10) Driveway, pedestrian walkways/pathways, and sidewalk improvements;
11) American with Disabilities Act (ADA) accessibility improvements;
12) The installation of landscaping and irrigation systems, not to exceed twenty percent
20%) of the total grant amount;
13) Tree trimming or removal (requires city approval, and city may require a licensed arborist
to confirm tree removal is necessary);
14) Heating, ventilation, and air conditioning (HVAC) systems;
15) Certain interior repairs:
a. Interior deterioration/damage directly resulting from an exterior defect or damage,
may qualify for grant funding to repair said deterioration/damage. Such interior
repairs may include, but are not limited to, load bearing walls, drywall, insulation,
and wood repair. However, grant funds must first be used for improvements or
repairs to fully remedy the external defect or damage that resulted in such interior
deterioration/damage prior to any use of grant funds on interior repairs.
b. Interior deterioration/damage that is verified by the city as a life safety issue to
home inhabitants.
c. ADA accessibility improvements.
16) Home fumigation (including tenting if necessary) for termites; and
17) Other improvements may be submitted for consideration but must demonstrate that the
improvement meets the intent of this grant program.
The following improvements are not eligible for Program assistance:
1) Repairs to unsafe or substandard structures that cannot be made safe for
habitation with Program funds.
2) Room additions, garage conversions, repairs to structures separate from the living units
detached garage, shed, etc.), furnishings, and pools.
3) Repairs covered by insurance.
4) Non -permanent improvements.
5) Enclosing a front porch.
6) Installation of window or door security bars.
7) General interior home improvements and repairs.
SECTION 5 — PROGRAM REQUIREMENTS AND APPLICATION PROCESS
Program Requirements
5
All statements and representations made in the application must be correct in all
material respects when made.
Any applicant requesting grant funding from this program will have their income verified
by City staff and must supply the items listed below, and, if requested, any other income
or employment documents that are not listed below:
If applicable, self-employed year to date profit and loss statements.
All pages of last two year's tax returns, with all schedules and W-2s/1099(s).
Most recent and consecutive last two months of bank statements (with bank name and
account number) (ALL PAGES, even if blank) for all household members with accounts.
If combined with a Home Rehabilitation Loan from the Economic Development and
Housinq Department, additional information may be required.
Applicants that do not wish to have their income verified will automatically be disqualified from
Program participation.
Color digital photographs of the existing structure exterior, showing all sides of
the building, must be provided with application.
An estimated detailed budget must be provided on the attached project budget form
Attachment A).
Work required to be performed by licensed contractors. Applicant must provide, as
attachments, three quotes from contractors and copies of their licenses. Quotes to
include complete description of materials to be used).
o If work is performed by non -licensed workers, then only materials purchased will
be eligible for grant funds, unless the work performed was required to be
performed by a licensed individual per City codes.
Portions of the project costs not funded by the requested grant must be provided by
Owner funding. Owner funding may consist of bank loans, lines of credit, a Home
Rehabilitation Loan from the city's Economic Development and Housing Department,
and owned assets (Owner Equity), etc.
Owner must demonstrate their source of the Owner Funding and their ability to meet the
financial obligations of the Program prior to Program approval.
Proceeds from other City -managed financial assistance programs may be used as
Owner Equity to satisfy the Owner Funding requirements of this Program and may be
used to assist with funding of remaining portion of larger improvement project. Grant
funds cannot be used as Owner Equity to satisfy the Owner Funding requirements of
other City -managed financial assistance programs.
Grant Application Process
Submittal of an application does not guarantee a grant award.
Grant preference will be given to Applicants at or below 80% AMI, applicants 65 years of
age and above, and the disabled.
Completed applications that meet all the Program requirements will be reviewed by the
CRA Director.
The CRA Director will approve or deny applications based on the criteria set forth in this
document.
Incomplete applications will not be considered submitted until all required documentation
has been submitted to Community Redevelopment Agency Department staff.
6
All construction/design contracts will be between the Applicant and the contractor/design
professional.
SECTION 6 — DISBURSEMENT POLICY AND PROCEDURE
Grant funds will, unless otherwise approved by the CRA Director to allow initial project deposits
or other necessary draws, up to fifty percent of the grant amount, to be paid directly to a
City/CRA approved licensed contractor, be disbursed upon a "Finding of Project Completion"
by CRA Director. A "Finding of Project Completion" will be granted when the following criteria
are met:
1) Applicant must demonstrate their ability to meet the financial match/obligations of the
Program and any required community service has been completed by qualifying
applicants.
2) Requests for disbursement of project costs will be viewed as a single, completed
package, unless prior disbursement of funds arrangements have been made to pay
licensed contractors directly (no more than one payment within a 30 -day period).
Costs not included in the approved application budget will not be considered for
disbursement.
3) Required documentation for disbursement of project costs must include:
a. Copies of cancelled checks, certified checks or money orders of project costs, or
credit card statements of project cost;
b. Detailed invoices and paid receipts signed, dated, and marked "paid in full;"
c. Name, address, telephone number of design professional(s), general contractor,
etc.; and
d. Photos of the project (before and after photos).
4) The Applicant must have obtained all necessary/required permits (e.g. zoning and
building), passed all required inspections, and prior to final disbursement of funds
received (if relevant) notice, in the form of a Certificate of Occupancy or Certificate of
Completion for the project demonstrating the legal occupancy of the project area. Any
work performed without a permit that required a permit will not be eligible for
grant funding.
5) The CRA disburses funds to grant recipients within 30 days of fully completed
reimbursement request.
SECTION 7 — GRANT EXPIRATION
Applicants must receive a "Finding of Project Completion" within 180 calendar days from the
date of application approval. After the said 180 days, the grant will expire. An extension for the
grant funds may be granted by the CRA Director for a good cause. It is the responsibility of the
Applicant to request, in writing, from the CRA Director an extension of the grant approval before
the expiration date.
SECTION 8 — COMPLIANCE WITH THE CITY OF CLEARWATER ETHICS CODE
7
The applicant will comply with all applicable City rules and regulations including the City's Ethics
Codes. Moreover, each applicant to the Program acknowledges and understands that the City's
Ethics Code prohibit City employees from receiving any benefit, direct or indirect, from any
contract or obligation entered with the City.
8
SECTION 9 — APPLICATION
1) Applicant (Property Owner)
Full Legal Name(s):
Mailing Address:
City/State/Zip:
Phone Number: E-mail Address:
2) Subject Property
Address commonly known as:
Parcel Identification Number(s):
3) Project description, scope of work to be performed, sketch plans and
specifications detailing the scope of work (provide attachment(s) if needed).
Applicant understands that depending on the project, certain city departments
may require additional documentation, plans, etc. to properly review and approve
the proposed project described in this application.)
9
10
4) Financial and Other Disclosures
Annual Household Income:
Income examples (not limited to the following): employment or self-employment income, Social Security,
Pension, Disability, etc.)
Household Size:
Is the subject property current with property tax payments, mortgage payments (if
applicable), fees, and in compliance with City codes and regulations? (must provide
copies of property tax payment and mortgage payment statements)
Yes No
If no, please explain:
Have you received a loan or grant assistance from a city-managed financial
assistance program for a project at the subject property?
Yes No
If yes, please specify the program(s), dates received, and the loan/grant amount(s) below
or provide attachment(s).
Program Name:
Date Received: Amount Received $
Program Name:
Date Received: Amount Received $
5) Amount of Grant Requested under this program:
Are you requesting direct payment of approved grant funds to an authorized
contractor?
Yes No
If yes, please specify the contractor's name:
Note: This option must be approved by the CRA Director.
10
Attachment A - Project Budget Form
Attach contractor/vendor estimates/quotes for consistency verification of items listed below. Contractor/vendor estimates/quotes
improvement item descriptions and cost will supersede if improvement item descriptions and cost are listed different below. If more
project budget form lines are need, Applicant may duplicate budget template below on separate sheet. If new Project Budget Form
is created, write "See Attached" in Line No. 1 below.
For Applicant Use For staff use only
Line
Item No.
1
Improvement(s) Item Description
Including construction materials, labor,
permitting, other fees, etc.)
Improvement(s)
Cost Amount
Line Item Eligible for
Grant Consideration
Yes/No
Cost Amount
Eligible for
Grant
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
Total Improvement(s) Cost Amount
Total Cost Amount
Eligible for Grant
Consideration
11
PLEASE NOTE:
For multiple signers: This Application may be executed in one or more counterparts, each of
which when executed and delivered, shall be an original, but all such counterparts shall
constitute one and the same instrument.
I ACKNOWLEDGE THAT I HAVE RECEIVED AND UNDERSTAND THE GRANT GUIDELINES
HEREIN ABOVE STATED. IN ADDITION, BY EXECUTING THIS APPLICATION, I
ACKNOWLEDGE THAT I AM LAWFULLY AUTHORIZED TO EXECUTE THIS APPLICATION
AND THAT ALL INFORMATION AND STATEMENTS CONTAINED HEREIN AND ON ANY
ATTACHEMENTS ARE TRUE, CORRECT, AND COMPLETE.
Applicant Signature Printed Name
Date
STATE OF FLORIDA )
COUNTY OF PINELLAS
The foregoing instrument was acknowledged before me by means * physical presence or *
online notarization, this day of , 2025 by , who *
is/are personally known to me or * who has/have produced a driver's license as identification.
Notary Public, State of Florida
NOTARIAL SEAL)
My Commission Expires:
My Commission No.:
Name of Notary:
STATE OF COUNTY OF
The foregoing instrument was acknowledged before me this day of , 20 ,
by who [ ] is personally known to me or [ ] ha*
Type of identification produced:
My commission expires:
Notary Seal) Notary Public Signature Notary Public Print Name
12
SECTION 10 — ELIGIBLE CRA AREA MAP
NORTH GREENWOOD COMMUNITY REDEVELOPMENT AREA
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13
COMMERICAL GRANT
PROGRAM
APPLICATION FORM
City of Clearwater Community Redevelopment Agency
North Greenwood Community Redevelopment Area
TABLE OF CONTENTS
SECTION 1 - PROGRAM OVERVIEW
SECTION 2 - PURPOSE AND INTENT
SECTION 3 - AVAILABLE ASSISTANCE
SECTION 4 - ELIGIBLE PROPERTY AND APPLICANT
SECTION 5 - ELIGIBLE IMPROVEMENTS
SECTION 6 - REQUIREMENTSS, REVIEW & APPROVAL PROCESS
SECTION 7 - DISBURSEMENT POLICY AND PROCEDURE
SECTION 8 - GRANT EXPIRATION
SECTION 9 - ALTERATIONS AND MAINTENANCE
SECTION 10 - COMPLIANCE WITH THE CITY OF CLEARWATER ETHICS CODE
SECTION 11 - APPLICATION
SECTION 12 - ELIGIBLE CRA AREA MAP
SECTION 13 - ATTACHMENT A - PROJECT BUDGET
2
2
3
4
5
6
7
8
8
8
9
1342
1443
Commercial Grant Program & Application Form
Approved by the CRA Trustees on July 15, 2024
1
COMMERCIAL GRANT PROGRAM
The Program provides a grant up to $75,000.
SECTION 1 — PROGRAM OVERVIEW
The Commercial Grant Program (Program) is designed to promote reinvestment in business
development and incentivize commercial property owners and business owners located within
the North Greenwood Community Redevelopment Area (NGCRA) to make building, structural,
and site improvements to their property. In addition, the Program will aid to create a positive
visual impact on the image and character of the community. The Program aims to strengthen
local businesses — improving their competitiveness, productivity, capacity, job creation abilities —
and promotes a business -friendly atmosphere.
SECTION 2 — PURPOSE AND INTENT
The purpose of the Program is to support the implementation of the adopted Community
Redevelopment Area Plan (Plan) for the North Greenwood Community Redevelopment Area in
accordance with the Florida Community Redevelopment Act of 1969. Sections 163.330, et seq.,
Florida Statutes, by:
1) Carrying out plans for a program of voluntary or compulsory repair and rehabilitation of
buildings or other improvements in accordance with the community redevelopment plan
Sections 163.370(2)(c)(5), Florida Statutes).
2) All plan recommendations must be implemented in, or benefit residents and businesses
located in this defined area (NGCRA boundary) (Plan Section 2.5, Establishment of CRA
Boundaries, page 9).
3) Encourage commercial or mixed-use development along North Martin Luther King Jr.
Avenue (Plan Section 2.6, Public Engagement and Outreach, page 85).
4) Encourage commercial development along Pinellas Trail (Plan Section 2.6, Public
Engagement and Outreach, page 85).
5) Increase access to high paying jobs for the residents of the North Greenwood CRA both
within and outside of the area through workforce development, business assistance
programs, and support for entrepreneurs (Plan Section 3.2 Goals & Objectives, Goal 3
Poverty Reduction, page 93). (NGCRA funds are only applicable within the NGCRA
boundary.)
6) Develop a grant program to fund improvements to commercial buildings, to establish
new businesses, and reduce blight in the North Martin Luther King, Jr. Avenue
commercial corridor (Plan Section 4.5, Plan Implementation, Table 15, Goal 3 Policy
Implementation: Poverty Reduction, page 138).
7) Creating value for the North Greenwood Community Redevelopment Area by (themes
stressed throughout the Plan):
a. Promoting a business, consumer, family and resident friendly atmosphere;
b. Creating more dining, retail, and entertainment opportunities;
c. Creating additional employment opportunities;
2
d. Promoting infill and adaptive reuse of properties;
e. Incentivizing property owners to enhance the value of their respective property;
f. Encouraging private investment in the improvement of commercial properties;
g. Reducing vacancies in commercial buildings; and
h. Increasing the functionality of existing buildings.
It is the intent of this Program to attract or improve the following types of businesses to the CRA
not limited to the following):
Retail;
Restaurants and food services (e.g., full-service sit-down restaurants, fast food
restaurants, buffet or cafeteria restaurants, coffeehouse/shops with food component,
cafes, bistros, delicatessens, bakeries, grocery stores, etc.);
Micro -brewery;
Personal services (e.g., barber, salons, beauty shops, tailors, childcare, etc.);
Art studios and galleries;
Co -working space; and
Professional offices.
In addition, it is the intent of this Program to incentivize improvements to the area that go
beyond what is required by the City's development codes to enhance the form, function, and
design quality of the redevelopment area. It is not the intent of the CRA to engage in any
rehabilitation activity that requires vacating property or displacing any business establishments
or residents from property. Moreover, it is not the intent of this Program to assist in the
development of new construction projects on vacant land. Rather, it is to rehabilitate and
enhance area commercial structures exhibiting deterioration and decline.
SECTION 3 — AVAILABLE ASSISTANCE
The Program provides a grant up to $75,000 to assist applicants with improvements to
commercial properties. To qualify for Program grant funds, the Applicant must match the grant
amount by the percentage amount listed in Table 1 below, or greater investment, of
private funds or other verifiable grant funds for the rehabilitation and restoration of a
qualifying commercial property located within the NGCRA. The grant is a reimbursement grant
to the Applicant, unless otherwise approved by the CRA Director to pay an approved licensed
contractor/vendor directly, no more than one payment within a 30 -day period.
Legacy Credit: Applicants may qualify for a "Legacy Credit" which rewards long-term business
owners located within the NGCRA. The credit works alongside the grant. The credit can reduce
the match all the way down to zero. The Applicant will match the grant amount by the
percentages listed below (must provide proof of matching funds prior to grant approval):
Table 1 Business Owner Grant Match Responsibili
Years of Business Ownership at Property Match Responsibility %
Less than 5 (no Legacy Credit) 40%
5 30%
10 20%
15 10%
20 or more 0%
3
Community Service Credit: In addition, up to 50% of Applicant's match may be waived at the
rate of one hour of community service per $300 of approved grant amount and be added back
to the grant amount not to exceed $75,000. (Community Service must be performed by
Applicant within the NGCRA boundary and through a tax-exempt not-for-profit
organization recognized by the CRA or City of Clearwater. Community service must be
performed without pay or compensation from the organization, and service must be
performed in full hour increments rounding up to the nearest whole hour. Scope of
community service must be pre -approved by the CRA Director, prior to commencement.
In addition, said community service must be performed prior to release of grant funds.)
SECTION 4 — ELIGIBLE PROPERTY AND APPLICANT
To be eligible for the Program, the Applicant must meet all the following qualifications:
Must be the owner* of the subject property.
The business must be an allowable use on the subject property in accordance with the
City's Land and Building Development Regulations/Codes.
Must be current in all property taxes and City of Clearwater (City) business fees.
Must be in good standing with the city (no outstanding code enforcement or building
code violations). This requirement may be waived by the CRA Director if the work
proposed under this application will remediate all code violations.
Property must be free of code enforcement liens or other City liens.
The business or new proposed business on the property must be an independently
owned and operated local business.
If the business is an independently owned and operated franchise, other franchise
locations associated with the same brand must ONLY be located within the municipal
boundary of the city.
o The proposed business on the property must make independent decisions
regarding its name, signage, brand, appearance, purchasing practices, hiring,
and distribution, and must be solely responsible for paying its own mortgage,
rent, marketing, and other business expenses without assistance from a
corporate headquarters outside of the City limits.
The owner of the Property (Owner) shall be the Applicant, unless the Owner authorizes a
business owner occupying the property by a valid lease to undertake improvements on the
property. Owner means a holder of any legal or equitable estate in the premises, whether alone
or jointly with others and whether in possession or not shall include all individuals, associations,
partnerships, corporations, limited liability companies and others who have interest in a
structure and any who are in possession or control thereof as agent of the owner, as executor,
administrator, trustee, or guardian of the estate of the owner. No Owner shall receive more than
75,000 in total CRA grant value across all CRA grant programs within a 12 -month rolling year.
For the purposes of this application, the total CRA grant value that an Owner has received over
such period shall be the combined value, in the 12 month period immediately preceding the
submission of an application for this program, of: (1) the amount of CRA grant funds that the
applicant has received; (2) the amount of CRA grant funds that any holder of legal title in the
subject property other than the applicant has received; and (3) if a business entity holds legal
title in the subject property, the total amount of CRA grant funds received by any directors,
members, partners, shareholders, any others with an ownership interest in such entity, and any
others able to exert managerial control over or direct the affairs of said entity.
4
SECTION 5 — ELIGIBLE IMPROVEMENTS
The following improvements or related items may be eligible for Program assistance:
Interior Improvements:
1) Electrical/plumbing upgrades and utility connections;
2) Grease traps/interceptors;
3) Venting, HVAC, mechanical systems, and water heaters;
4) Sprinkler/fire suppression systems, firewalls, life safety improvements;
5) Certain fixed solid waste and recycling management systems;
6) American with Disabilities Act (ADA) systems;
7) Internal structural stabilization systems (e.g., repair and replacement of load bearing
walls, columns, beams/girders, joist, etc.);
8) Interior walls (including drywall), ceilings, floors, doors, and molding;
9) Interior paint;
10) Wall insulation;
11) Certain permanent bathroom and kitchen counter tops, cabinets, sinks;
12) Interior historical restoration; or
13) Otherpermanent improvements may be submitted for consideration but must
demonstrate that the improvement meets the intent of this grant program.
Exterior Improvements:
1) The repair of exterior walls;
2) Roof repairs or replacement, including facia board, soffits, and gutters;
3) *Decorative fencing;
4) Exterior repainting;
5) Exterior windows and/or doors;
6) Exterior signage;
7) Awnings or canopies over windows or walkways, including shutters, seating areas;
8) The installation, repair, or renovation of porches, patios, plazas;
9) The installation, repair, or renovation of pathways and sidewalks;
10) The installation of decorative lighting, and security lighting;
11) Parking area and driveway improvements;
12) Stormwater drainage improvements for properties with a history of flooding;
13) Bicycle racks, shade areas, benches, or other pedestrian amenities;
14) Certain Crime Prevention Through Environmental Design (CPTED) improvements
15) ADA accessibility improvements;
16) The removal of deteriorated or undesirable exterior alterations;
17) The installation of landscaping and irrigation systems, not to exceed twenty percent
20%) of the total grant amount; or
18) Other permanent improvements may be submitted for consideration but must
demonstrate that the improvement meets the intent of this grant program.
Chain link fencing, with or without slats, wooden stockade, board on board, and wooden picket
fencing are not eligible for the Program.
Other Eligible Items:
1) Predevelopment Cost (architecture, engineering fees, other as approved by CRA
Director) up to $5,000.
5
The following are ineligible for assistance:
1) Past site or building improvements that were completed six months prior to the approval
of this application or completed under unrelated permits to the project permit issued by
the city for improvements identified under this application.
a. Only improvements listed in the itemized budget submitted as part of this
application will be considered for approval.
3)2 Non -permanent improvements such as, but not limited to, kitchen appliances
e.g., stoves, refrigerators, dishwashers, etc.), carpet, furniture, and window blinds;
4)3) Bars, clubs, and taverns (as defined by the City's Land Development Code);
5)4) Assistance to businesses located in residential homes.
6)5 Repairs to unsafe or substandard structures that cannot be made safe for
tenant occupancy with Program funds.
7)6) Repairs covered by insurance.
8 7) Non -permanent improvements.
9)8) Installation of window or door security bars.
49)9) Refinancing existing debts, business operational cost, payroll, etc.
1-1410) Mobile Vendors.
12)11) Not-for-profit entities.
SECTION 6 — REQUIREMENTS, REVIEW & APPROVAL PROCESS
1) All statements and representations made in the application must be correct in all
material respects when made.
2) Tier 1 for Ggrant funding request up to $3975,000 — completed applications that meet
all the Program requirements will be reviewed by the CRA Director. The CRA Director
will approve or deny applications based on the criteria set forth in this document.
4)3 Applicants must schedule an appointment with the Community Redevelopment
Agency Department staff prior to applying. The Community Redevelopment Agency
Department (Department) is located at 600 Cleveland Street, Suite 600, Clearwater,
Florida 33755. To schedule an appointment, contact staff at 727-562-4039. Applications
will be received on an ongoing basis.
5)4) If applicable, fully executed, and notarized copy of the Owners' Affidavit form,
including property description and property address. If the forms are prepared and
signed by a representative of the Owner, a legal Power -of -Attorney document must be
submitted with the application.
6)5) Applicants must submit, as part of the application, design plans and floorplan
accurately delineating the square footage of the improvement area within the
commercial structure.
6
7)6) Digital photographs of the existing structure, interior and exterior, must be
provided with application.
8)7) An estimated itemized/detailed budget must be provided on the budget form in
the application.
9)8) Work required to be performed by licensed contractors. Applicant must
provide, as attachments, three quotes from contractors and copies of their
licenses. Quotes to include complete description of materials to be used.
If work is performed by non -licensed workers, then only materials purchased will
be eligible for grant funds, unless the work performed was required to be
performed by a licensed individual per City codes.
49)9) Portions of the project costs not funded by the requested grant must be provided
by Owner funding. Owner must demonstrate their source of the Owner Funding and their
ability to meet the financial obligations of the Program. Owner funding may consist of
bank loans, lines of credit, grants, and owned assets (Owner Equity), etc.
12)10) Proceeds from other City -managed financial assistance programs may be used
as Owner Equity to satisfy the Owner Funding requirements of this Program and may be
used to assist with funding of remaining portion of larger improvement project. Grant
funds cannot be used as Owner Equity to satisfy the Owner Funding requirements of
other City -managed financial assistance programs.
13)11) Staff will review the application for completeness, which includes all required
attachments and requested data. A post -application submittal conference will be held
with the Applicant to discuss any issues or deficiencies with the application.
44)12) Incomplete applications will not be considered submitted until all required
documentation has been submitted to Community Redevelopment Agency Department
staff. Submittal of an application does not guarantee a grant award.
15)13) The Applicant will be required to obtain quotes/estimates from licensed
contractors/design professionals for eligible improvements and submit said
quotes/estimates as part of the grant application submission.
16)14) All construction/design contracts will be between the Applicant and the contractor
or design professional.
SECTION 7 — DISBURSEMENT POLICY AND PROCEDURE
Grant funds will, unless otherwise approved by the CRA Director to allow initial project deposits
or other necessary draws, up to fifty percent of the grant amount, to be paid directly to a
City/CRA approved licensed contractor/vendor, be disbursed upon a "Finding of Project
Completion" by CRA Director. A "Finding of Project Completion" will be granted when the
following criteria are met:
7
1) Applicant must demonstrate their ability to meet the financial match/obligations of the
Program and any required community service has been completed by qualifying
applicants.
2) Requests for disbursement of project costs will be viewed as a single, completed
package, unless prior disbursement of funds arrangements have been made to pay
licensed contractors directly (no more than one payment within a 30 -day period). Costs
not included in the approved application budget will not be considered for disbursement.
3) Required documentation for disbursement of project costs must include:
a) Copies of cancelled checks, certified checks or money orders of project costs, or
credit card statements of project cost;
b) Detailed invoices and paid receipts signed, dated, and marked "paid in full;"
c) Name, address, telephone number of design professional(s), general contractor, etc.;
d) Photographs of the project (before and after photos).
4) The Applicant must have obtained all necessary/required permits (e.g. zoning and
building), passed all required inspections, and prior to final disbursement of funds
received (if relevant) notice, in the form of a Certificate of Occupancy or Certificate of
Completion for the project demonstrating the legal occupancy of the project area. Any
work performed without a permit that required a permit will not be eligible for
grant funding.
5) The CRA disburses funds to grant recipients within 30 days of fully completed
reimbursement request.
SECTION 8 — GRANT EXPIRATION
Applicants must receive a "Finding of Project Completion" within 365 calendar days from the
date of application approval. After the said 365 days, the grant will expire. An extension for the
grant funds may be granted by the CRA Director for a good cause. It is the responsibility of the
Applicant to request an extension of the grant approval before the expiration date.
SECTION 9 — ALTERATIONS AND MAINTENANCE
The improvements will be maintained in accordance with City policies, codes and any other
applicable requirements identified by the City, CRA, or other agencies for a period not less than
three years, or upon written approval by CRA Director.
SECTION 10 — COMPLIANCE WITH THE CITY OF CLEARWATER ETHICS CODE
The applicant will comply with all applicable City rules and regulations including the City's Ethics
Codes. Moreover, each applicant to the Program acknowledges and understands that the City's
Ethics Code prohibit City employees from receiving any benefit, direct or indirect, from any
contract or obligation entered with the City.
8
Case Number:
SECTION 11 — APPLICATION
COMMERCIAL GRANT PROGRAM
1) Applicant (Property Owner)
Entity Name (if any):
Full Legal Name and Title (if any):
Mailing Address:
City/State/Zip:
Phone Number: E-mail Address:
Web Site (if available):
2) Authorized Agent (If applicable)
Entity Name (if any):
Full Legal Name and Title (if any):
Mailing Address:
City/State/Zip:
Phone Number: E-mail Address:
3) Subject Property/Location of Proposed Project
Address commonly known as:
Parcel Identification Number(s) or Folio Number(s):
Property is designated as a Local Historic Landmark: Yes No
4) Project description, scope of work to be performed, sketch plans and specifications
detailing the scope of work (provide attachment if needed). Applicant understands
that depending on the project, certain City Departments may require additional
documentation, plans, etc. to properly review and approve the proposed project
described in this application.
9
5) Describe existing uses and conditions on the property (include photographs as
attachments):
6) Financial Disclosure
Amount of Grant Requested:
My Property Is up to date with taxes, fees, and complies with City codes and regulations:
Yes No
If the Applicant has received loan or grant assistance from a city -managed financial
assistance program for a project at this address, please specify the program(s) and the
loan/grant amount(s).
1.
2.
PLEASE NOTE: Grants are awarded on a first come, first qualified basis until funds have
been depleted.
I UNDERSTAND THAT IN ORDER FOR MY REQUEST FOR GRANT FUNDING TO BE
APPROVED, I MUST AGREE TO THE FOLLOWING CONDITIONS:
1) To adhere to the application procedures and guidelines as specified.
2) That additional improvements or changes not approved in the original grant application
will not be funded by the CRA.
10
3) That disbursement of grant funds will only occur after:
a) All improvements have been completed or as otherwise approved by the CRA Director;
b) Inspections of the improvements are approved by the appropriate City Officials or other
required authorities, if any; and
c) Proof of payment, as described in this document, for project costs approved in the
grant application.
I ACKNOWLEDGE THAT I HAVE RECEIVED AND UNDERSTAND THE GRANT GUIDELINES
HEREIN ABOVE STATED. IN ADDITION, BY EXECUTING THIS APPLICATION, I
ACKNOWLEDGE THAT I AM LAWFULLY AUTHORIZED TO EXECUTE THIS APPLICATION.
Entity Name (if any)
Applicant Signature Printed Name and Title (if any)
Date
STATE OF FLORIDA )
COUNTY OF PINELLAS )
The foregoinq instrument was acknowledged before me by means * physical presence or *
online notarization, this day of , 2025 by , who *
is/are personally known to me or * who has/have produced a driver's license as identification.
Notary Public, State of Florida
NOTARIAL SEAL)
My Commission Expires:
My Commission No.:
Name of Notary:
STATE OF COUNTY OF
The foregoing instrument was acknowledged before me this day of , 20
by , as (title if applicable)
of (Entity name if any) , who , _ ` is
Type of identification produced:
My commission expires:
11
1
Mail or hand deliver completed application form to:
Community Redevelopment Agency
City of Clearwater / 600 Cleveland Street, Suite 600 / Clearwater, FL 33755
For question call the Community Redevelopment Department at 727-562-4039
12
SECTION 132 - ELIGIBLE CRA AREA MAP
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13
SECTION 132 - ATTACHMENT A - PROJECT BUDGET
Attachment A - Project Budget Form
Attach contractor/vendor estimates/quotes for consistency verification of items listed below. Contractor/vendor
estimates/quotes improvement item descriptions and cost will supersede if improvement item descriptions and cost
are listed different below. If more project budget form lines are need, Applicant may duplicate budget template below
on se•arate sheet. If new Pro'ect Bud•et Form is created write "See Attached" in Line No. 1 below.
Line Item
No.
1
2
3
4
5
6
7
8
9
10
12
13
14
15
16
For Applicant Use
Improvement(s) Item Description
Includin! construction materials labor
ermittin . other fees etc.
Improvement(s)
Cost Amount
MINIM
For staff use only
Line Item Eligible for
Grant Consideration
Yes/No
Cost Amount
Eligible for
Grant
Total Cost Amount
Eligible for Grant
Consideration
MINN
MEM
MINN
EMI
MIN
14
Authorized Signature: Date:
15