*Recommending the Caroline Street Corridor and Bahama Village Community Redevelopment Agency (CRA) authorize $400,000.00 in TIF funding to assist twenty (20) home buyers, in the form of a grant in an amount not to exceed $20,000.00 per household to be used for down payment and closing costs assistance for home ownership at the Lofts of Bahama Village Condominiums (28 Units); Recommending the City Manager be authorized to execute any necessary documents and budget transfers/adjustments in compliance with applicable procurement requirements and upon consent of the City Attorney.

What this record is

Amount

$20K

Runs until

no end date published in this record

Type

purchase

Read automatically from the title of the official record. The source document below is authoritative.

Committee

Caroline Street Corridor and Bahama Village Community Redevelopment Agency

Introduced

September 26, 2025

On agenda

November 5, 2025

Passed

November 5, 2025

Enacted

November 5, 2025

Enactment no.

Res 25-340