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| Community Budget Issue Requests - Tracking Id #2807 |
| Empowerment Zone |
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| Requester: |
Lyn Harris |
Organization: |
Miami-Dade County/City of Jacksonville |
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| Project Title: |
Empowerment Zone |
Date Submitted |
1/15/2003 4:59:47 PM |
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| Sponsors: |
Diaz de la Portilla |
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| Statewide Interest: |
| Through a collaborative effort with the public and private sector, area residents, local businesses and community organizations, the Empowerment Zone intiative offers and additional incentive to attract private investment and revitalization. |
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| Recipient: |
Miami-Dade County/City of Jacksonville |
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Contact: |
Lyn Harris |
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111 NW 1st ST. |
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Contact Phone: |
(305) 375-2262 |
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Miami 33128 |
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| Counties: |
Dade, Duval |
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| Gov't Entity: |
Yes |
Private Organization (Profit/Not for Profit): |
|
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| Project Description: |
| Project supports small busineses, community development corporations and community projects that are backed and maintained by residents of EZ and that address the needs of the entire community. |
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| Is this a water project as described in Chapter 2002-291, Laws of Florida? |
No |
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| Measurable Outcome Anticipated: |
| Project would create: Revolving Loan Fund, Neiborhood Micro-Loan Fund, Neighborhood Small Business Equity Investment Fund, Equity Capital Investment Fund for Urban Development Projects |
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| Amount requested from the State for this project this year: |
$10,000,000 |
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| Total cost of the project: |
$10,000,000 |
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| Request has been made to fund: |
Operations |
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| What type of match exists for this project? |
Local, Federal |
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Cash Amount |
$7,900,000 |
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| Was this project previously funded by the state? |
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Yes |
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Fiscal Year: |
1999-2000 |
Amount: |
$3,275,000 |
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| Is future-year funding likely to be requested? |
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Yes |
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Amount: |
$10,000,000 |
To Fund: |
Operations |
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| Was this project included in an Agency's Budget Request? |
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No |
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| Was this project included in the Governor's Recommended Budget? |
No |
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| Is there a documented need for this project? |
Yes |
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Documentation: |
Meets federal qualifying guidelines for Empowerment Zone designation; both city/county impoverished. |
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| Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)? |
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Yes |
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Hearing Body: |
Miami-Dade Legislative Delegation |
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Hearing Meeting Date: |
12/17/2002 |
