Public Workshop presentation to Ad Hoc Committee on the formation of a new CRA in Southside St. Petersburg, FL

1. August 18, 2014 at 6 p.m.
Childs Park Recreation Center

2. Using Tax Increment Financing
for
Private Sector Incentives
An Overview of Florida CRA Programs

3.  § 163.387(6), Florida Statutes
(a) Administrative and overhead expenses necessary or incidental to the implementation of
a community redevelopment plan adopted by the agency.
(b) Expenses of redevelopment planning, surveys, and financial analysis, including the
reimbursement of the governing body or the community redevelopment agency for such
expenses incurred before the redevelopment plan was approved and adopted.
(c) The acquisition of real property in the redevelopment area.
(d) The clearance and preparation of any redevelopment area for redevelopment and
relocation of site occupants within or outside the community redevelopment area as
provided in s. 163.370, F.S. (Note – Expansive reach includes capital improvements.)
(e) The repayment of principal and interest or any redemption premium for loans,
advances, bonds, bond anticipation notes, and any other form of indebtedness.
(f) All expenses incidental to or connected with the issuance, sale, redemption, retirement,
or purchase of bonds, bond anticipation notes, or other form of indebtedness, including
funding of any reserve, redemption, or other fund or account provided for in the ordinance
or resolution authorizing such bonds, notes, or other form of indebtedness.
(g) The development of affordable housing within the community redevelopment area.
(h) The development of community policing innovations.

4.  TIF funds must be:
◦ Expended within the geographic extent of the TIF district
◦ Used to carry out community redevelopment objectives
Liberal construction of the Community Redevelopment Act
◦ Directly targeted to specific objectives contained in a
redevelopment plan
 TIF funds cannot be used on general government
operating expenses unrelated to the planning and
carrying out of a community redevelopment plan.
 There is a lack of case law on permissible uses of TIF
from redevelopment trust funds.

5.  AGO 2010-40:
◦ Promoting the use of a redeveloped area is acceptable
Paying entities which generally promote tourism generally is not
Nor is creating a grant program geared towards non-profits that lack a
redevelopment purpose, even if socially beneficial
 AGO 2009-32:
◦ Relocation expenses for construction outside of a CRA is not
acceptable, even when new construction would benefit the CRA
Cannot expend TIF outside of the district
May use TIF to relocate site occupants displaced from a CRA to a new
location within or outside of CRA boundary
 AGO 1986-41:
◦ Authorized to purchase real property located within the CRA under a
redevelopment plan for public parking
If such use is determined to constitute a community redevelopment
purpose

6.  AGO 1982-18:
◦ Area wide improvements (e.g., improvements to or the provision of
sidewalks and utilities within a CRA) are "undertakings and activities"
which constitute elements of community redevelopment projects
Must be in accordance with an approved redevelopment plan
 AGO 1981-02:
◦ Permissible to move houses into a community redevelopment area,
rehabilitate such houses, and dispose of them at their fair value
Fair value available to municipality

7. Any county or municipality, to the greatest extent it determines to be
feasible in carrying out the provisions of this part, shall afford
maximum opportunity, consistent with the sound needs of
the county or municipality as a whole, to the rehabilitation or
redevelopment of the community redevelopment
area by private enterprise. Any county or municipality shall
give consideration to this objective in exercising its powers under this
part, including the formulation of a workable program; the
approval of community redevelopment plans,
communitywide plans or programs for community
redevelopment, and general neighborhood redevelopment plans;
…. (and) the development of affordable housing…

8. Southwest Florida
Punta Gorda Fort Myers
Cape Coral Naples
Key West
I-4 Corridor
Kissimmee
Orlando
Winter Park
Maitland
Sanford
DeLand
Daytona Beach
New Smyrna Beach
South Florida
West Palm
Riviera Beach
Lake Worth
Boynton Beach
Delray Beach
Deerfield Beach
Pompano Beach
Fort Lauderdale
Dania Beach
Hollywood
Hallandale Beach
North Miami Beach
North Miami
Opa Locka
Miami
South Miami
Homestead
Tampa Bay
Dade City
Tampa
Lakeland
Bartow
Lake Wales
Winter Haven
Palmetto
Bradenton
Sarasota
North Florida
Pensacola
Fort Walton Beach
Panama City
Panama City Beach
Port St. Joe
Tallahassee
Gainesville
Jacksonville

9. TIF Incentive Programs
for
Nonresidential Development

10.  Façade Grants, Site Improvements & Paint Programs
◦ Winter Park – Business Façade Matching Grant Program
◦ Dania Beach – Façade Grant Program
◦ Pompano Beach – CRA Commercial Façade Program
◦ Deland – Façade Improvement and Sign Programs
◦ Hallandale Beach – Façade and Sign Grant Program
◦ Tallahassee – Commercial Façade Improvement Program
◦ Orlando – Downtown Façade and Building Stabilization Program
◦ Hollywood – Property Improvement Program
◦ Daytona Beach – Landscape Improvement Grant
◦ Tallahassee – Downtown Commercial Painting Program
◦ Panama City – Commercial Paint Voucher Program
 Historic Preservation
◦ Daytona Beach – Historic Commercial Façade Grants
◦ Kissimmee – Commercial Matching Revitalization Grant
◦ Port St. Joe – Downtown Façade Grant
◦ Tallahassee - Historic Property Grant and Loan Program

11.  Interior Improvements
◦ Lake Worth – Commercial Tenant Improvement Grant
◦ Homestead – Commercial Enhancement Grant
◦ North Miami Beach – Interior Improvement Grant
◦ Boynton Beach – Commercial Interior Build-out Assistance
◦ Daytona Beach – Leasehold Improvement Grant Program
◦ North Miami – Commercial Rehabilitation Grant (both ex. & int.)
◦ Tallahassee – Downtown Retail Incentives Loan Program
◦ Dania Beach – Merchant Assistance Incentive
◦ West Palm Beach – Merchant Assistance Program
 Tenant Support Programs
◦ Boynton Beach –Commercial Rent Reimbursement Program
◦ Daytona Beach – Lease Subsidy Grant Program
◦ New Smyrna Beach – Independent Business Move-in Program
◦ Sanford – UCF Incubator Rent Subsidy

12.  Targeted Industries/Uses
o Gainesville – High Wage Job Incentive Program (Technology Industry)
o Hollywood - Hotel Improvement Program
o Tallahassee – Downtown Retail Incentives Loan Program
o Tampa Downtown – Food Related Services/Neighborhood Amenity Incentives
o Lakeland – Food Related Services Incentive Program/Downtown Design Assistance
o Delray Beach – Real Estate Development Partnership & Development Infrastructure
Assistance Program
o South Miami – Start-Up Business and Community Service Program
o Deland –Upper Floor Rehab/Underutilized Building Rehab
o Daytona Beach -Upper Floor Residential Program
 Business Relocation Incentives
o Delray Beach – Relocation and Development Incentive Program
o Gainesville – Company Relocation Incentive Program
o West Palm Beach – Relocation and Development Assistance
o Fort Lauderdale – Business Relocation and Assistance
o Pompano Beach – Relocation and Development Incentive Program
o Panama City – Commercial Business Recruitment
o Homestead – Business Relocation and Expansion Program

13.  Pompano Beach
o Strategic Investment Program
o Real Estate Development Accelerator
 Dania Beach
o Strategic Investment Program
 Gainesville
o Transformation Projects Incentive Program
 Lakeland
o Downtown TIF Reimbursement
o Midtown Gateway Incentive Project
 Delray Beach
o Real Estate Development Partnership
o Development Infrastructure Assistance Program

14.  Fee Reduction Programs
o Gainesville – Redevelopment Incentive Program
o Fort Walton Beach – Development Assistance Programs
o Kissimmee – Water and Sewer Impact Fee Programs
o Lakeland – Impact Fee Reductions
o Tampa – Neighborhood Amenity Incentives (permit fee reductions)
 Revolving Loans and Loan Consortium Participation
o Dania Beach – Economic Lending Partnership
o Bradenton DDA & CCRA - Suncoast Capital
o Winter Park – Microloan Program
o Pompano Beach – Microenterprise Business Loan Fund
 Loan Subsidy
o West Palm Beach – Capital Improvement Grant Program
o Pompano Beach – Capital Improvement Grant Program
o Fort Lauderdale- Low Interest Loan Program
o Delray Beach – Loan Interest Subsidy Program
o Gainesville – Capital Access Program
o Tallahassee – Retail Incentives Program

15.  Minority/Women Business Support
o Fort Lauderdale – Minority Business Development Agency
o Orlando – Minority/Women Business Assistance
o Homestead – We Count!
 Job Training and Hiring Preference Programs
o Pompano Beach – CRA Business Resource Center
o Miami – SEOPWA CRA Training Institutes
o Bradenton - Career Edge Funders Collaborative of Sarasota and Manatee
 Non-Profit Capital Project Support
o South Miami – Community Center Facility Renovation
o Tallahassee – Urban League/NAACP Facility upgrades
o Miami – Black Archives Historic Lyric Theater Renovation
 Non-Profit Programming
o Homestead – Main Street Support/Greater Miami Youth for Christ/Fresh Start
Florida /South Dade Weed and Seed
o Miami – Summer Youth Training Institute /Homeless Assistance/Film Life Center
o Winter Park – Community Center & Summer Youth Enrichment Programming
o South Miami – Educational Scholarship Programs
o Tallahassee – Film Society/Frenchtown Heritage Marketplace/Artigras Festival

16. TIF Incentive Programs
for
Residential Development

17.  Façade and Repair Grants
◦ Hallandale Beach – Paint Vouchers/Storm Shutter Rebate
◦ Panama City – Residential Paint Voucher Program
◦ Daytona Beach – Historic Residential/Residential Façade Grants
◦ Hollywood – Property Improvement Program
◦ Kissimmee – Residential Paint Voucher Program/Residential
Consulting Services Grant
◦ Orlando – Single Family and Duplex Residential Building Program
◦ Lake Worth – CRA Residential Beautification Grant
 Affordable Housing Assistance
o Lake Worth – CRA Home Repair Grant
o Winter Park – Housing Rehabilitation Program
o Palmetto – Residential Rehabilitation Program
o Hallandale Beach – First Time Homebuyer’s Program
o Homestead – Emergency Home Repair/Residential Façade
Improvement and Residential Landscaping Grant

18.  Market Rate Residential Incentives
o West Palm Beach – Housing Investment Program
o Dania Beach – Housing Investment Program
o Lakeland – Model Block Homebuyer Downpayment Assistance
o Deland – Downtown Residential Incentive Grant
o Fort Lauderdale – Housing Investment Program
o Panama City – Residential Revitalization Program
 Resident Attraction Programs
◦ Kissimmee – Live Where You Work Incentive Program
◦ Kissimmee – Teacher Housing Assistance Program
◦ Kissimmee – Owner Occupancy Incentive Program
◦ Deland –Upper Floor Rehabilitation Grant
◦ Daytona Beach -Upper Floor Residential Program

19. Redevelopment Program TIF Source
Emergency Residential Repair City
Housing Rehabilitation Grant City
Land Acquisition/Site Preparation for Development Both
Resident Relocation Program Both
Affordable Housing Development Incentives Both
Affordable Housing Financing Programs Both
Residential Landscape Grant City
Residential Paint Programs City
Resident Attraction Programs City
First Time Homebuyers Program Both
Neighborhood Parks and Infrastructure Improvements City

20. Redevelopment Program TIF Source
Commercial Façade Rehabilitation Both
Landscape/Site Improvement City
Interior Rehabilitation/Tenant Improvements City
Land Acquisition/Site Preparation for Development Both
Impact and Permit Fee Reductions City
Commercial Loan and Subsidy Programs City
Public Parking Development Both
Marketing and Special Events Promotion City
CRA “Redevelopment Incentive” Funding City

21. 2% Annual Growth Rate 4% Annual Growth Rate
Annual Cumulative Annual Cumulative
2016 $7,976 $7,976 $15,952 $15,952
2017 $16,112 $24,088 $32,543 $48,495
2018 $24,410 $48,498 $49,797 $98,292
2019 $32,875 $81,373 $67,741 $166,032
2020 $41,408 $122,881 $86,403 $252,435

22. 2% Annual Growth Rate 4% Annual Growth Rate
Annual Cumulative Annual Cumulative
2016 $25,086 $25,086 $50,172 $50,172
2017 $50,674 $75,760 $102,351 $152,523
2018 $76,773 $152,533 $156,617 $309,141
2019 $103,395 $255,929 $213,054 $522,195
2020 $130,549 $386,478 $271,749 $793,944

23.  Application Process
o Application cycle or “First Come, First Served”
o Annual Budget Allocation for Project Types
 Award Type
o Matching or Nonmatching, Cash or In-kind Match
o Reimbursement after Completed Work
o Forgivable Loan
o Project TIF Rebate
 Evaluation Benchmarks
o Project Type/Implementing CRP Priorities
o Job Creation/Tax Base Enhancing
o Expenditures/Total Match
 Administration and Enforcement
o Application and Mandatory Information Requirements
o Review Procedures for Applications
o CAC and CRA Approval
o Separate County/City TIF to ensure correct accounting
o Ongoing Compliance with Approval Requirements

24. Neighborhood and
Housing Data

25. 2
5

26. City Programs
Foreclosure Prevention
Ongoing Code Enforcement
Inspection program for rentals
Working with Section 8
2
6
Housing
Stabilize/Increase Values
Increase Rehabs
Reduce
Boarded/Vacant
Maintain Existing
Homeowners and Reduce
Foreclosures
Maintain Quality
Of Housing
NSP/City
Too costly
Less funding
Low Property Values
Public
New Construction
Private
City Assistance Programs
Lack of vacant land
City
NHS
TBCDC
Rebuilding Tampa Bay
Housing Authority
Quality Rehabs

27. 2
7
Boarded/
Vacant
Properties
795
Attract
Rehabbers
Sue to enforce
the lien
Demolition
Lien release/
Modification
Rebate program
Area cleanup
I.e., N-Team,
Police
New Process
Approx. costs
Expensive
Prioritize
Too many
Backlog
Lengthy process
Asbestos delay
Only 2
contractors
Accept the
Property
Leaves a vacant
lot with lien
Funding sources:
City Programs
Homefree
Champions
Other
P.F.
Builders of Hope
Rebuilding Tampa Bay
Pathways2Success
Habitat
Private
Land Bank
Adds costs
Have to clear title
More Immediate
Action

28. 2
8
Increase
Rehabs
Additional Funding
City
Private Rehabs
B of Hope
Pathways
Rebuilding Tampa Bay
Habitat for Humanity
Current Incentives:
Lien Modification
Rebates
City Housing Programs
Area Cleanup i.e N-Team
Reduce boarded/vacant
Need Rental Rehab
Program
Continue Rebates

29.  Data needs
 Interviews
 Assumptions – need more partners, private
and non-profit, more outside resources,
grants, etc.
 Declining public dollars
 Make the most of public resources
 Build around Assets, strengths, activity.
 Findings to date

30. Weaknesses
 Boarded/Vacant
 Condemned
 Vacant land
 Foreclosures
 Values are low for
investment or new
Strengths
 Homestead Properties
 Schools
 Parks
 Areas with investment
 Business Districts
 Rehab activity
 New construction
 Landmarks
 City Investments

37.  Intranet to be available via Internet
http://mapguide.stpete.org/internet_NPD_Mg.h
tm
 Or go to Neighborhoods page on stpete.org
and click on Neighborhood Data Map.
 Currently missing Landmarks/Assets

38.  Review all assumptions about our existing
programs.
o What are other cities doing?
o Too many programs
o Cost to build
o Amount for Downpayment
o Rehab
o Emergency Repair
o Roofs
o Rehabs vs buying another house
 Prioritize Demolitions
 Examine area around each Asset
 Future programs for P.I.N. and T.I.N.?

39. Summary So Far
 Continue funding for Rebates Program
 Create A Rental Rehab Program
 Review all current housing programs
 Speed up Demolitions with a system to prioritize
 Try to acquire more properties by pursuing liens
 Expand the N-Team projects
 Seek More Housing Funding – external resources
 Recruit more private sector involvement
 Recruit more non profit partners
 How are we marketing for housing
3
9

41.  Builders of Hope
 Rebuilding Together Tampa Bay
 Housing Authority
 Habitat for Humanity
 Pathways2Success
 Champions Community Development
 Homefree
 Private Investors
 NHS
 Tampa Bay CDC
 Bright Community Trust
 Internal Staff Brainstorms

42. Monday, September 16th at 6 p.m.
Childs Park YMCA