HTF 11/27/2012 Minutes - Laserfiche WebLink

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Casselberry Housing Task Force September 18, 2012 Page 2 Neighborhood Stabilization Program Update Mr. Kyle Dudgeon, Economic Development Planner, reviewed information relating to the County's Neighborhood Stabilization Program (NSP) funds. Mr. Dudgeon provided an update as to where the County will be targeting their funds and what impact they will have on Casselberry. He also stated that the County will be distributing their notice of funding availability for Community Development Block Grant funds shortly, and the City will be engaged in submitting a proposal. Presentation: Orlando Neighborhood Improvement Corporation Mr. Kyle Dudgeon, Economic Development Planner, introduced Mr. Bob Ansley and Mr. Bob Frincke of the Orlando Neighborhood Improvement Corporation (ONIC). The ONIC spoke before the Task Force in regards to setting up, the opportunities and the challenges of nonprofits and Community Development Corporations (CDC). A discussion ensued relative to the role of a CDC. Mr. Ansley stated that redevelopment is a charitable purpose and can be used as the premise of a CDC. It may also be used as a catalyst to jump start private sector interest. He also stated that CDC's could take as long as 4 years before a significant value is returned to the City. The Task Force additionally discussed the development options available to CDC's. Mr. Ansley stated that there were several program options available such as single family or multi - family developments. He stressed that a CDC should be nimble and opportunistic and should not limit its opportunities. Policy Consensus Discussion I Mr. Kyle Dudgeon, Economic Development Planner, reviewed material relative to a synopsis packet. Mr. Dudgeon stated that the Task Force had discussed several options to address housing and should now begin formalizing their findings and recommendations. A discussion ensued regarding which policies the Task Force felt would be strongest in reinvesting into the housing stock. The Task Force stated that all of the programs discussed had merit, and it was difficult to discern which would demonstrate the highest value. They also stated that time was a factor, and it was important to address both short and long term goals.