Northwest Progresso Flagler Heights CRA Stalled Incentive Awards

At a glance

What: CRA incentive awards (about $131 million since 2017) that have not started or are stalled, and how the advisory board should recommend handling awardees that are not moving forward.
Where it stands: on November 10 staff reported about $37.5 million not started and about $21 million in progress, and asked the board for recommendations on cure-default or notice approaches; no vote was taken.
Next: board feedback requested by December 10 (next meeting December 8); staff would then take a recommendation to the City Commission, which makes the final decision.

Staff reviewed awarded projects unable to secure funding, noted awards cannot keep being rolled over, and asked the board how to proceed (default notice periods, timelines, a standard procedure). Members asked about withdrawal mechanisms and COVID-era delays. Decision deferred to December.