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The Florida Senate

2002 Florida Statutes

Section 163.461, Florida Statutes 2002

163.461  Reporting and evaluation requirements.--Community-based development organizations that receive funds under this act shall provide the following information to the Department of Community Affairs annually:

(1)  A listing of business firms and individuals assisted by the community-based development organization during the reporting period.

(2)  A listing of the type, source, purpose, and amount of each individual grant, loan, or donation received by the community-based development organization during the reporting period.

(3)  The number of paid and voluntary positions within the community-based development organization.

(4)  A listing of the salaries and administrative and operating expenses of the community-based development organization.

(5)  An identification and explanation of changes in the boundaries of the target area.

(6)  The amount of earned income from projects, programs, and development activities.

(7)  The number and description of projects in predevelopment phase, projects under construction, ongoing service programs, construction projects completed, and projects at sell-out or lease-up and property management phase, and a written explanation of the reasons that caused any projects not to be completed for the projected development phase.

(8)  The impact of the projects, as a result of receiving funding under this act, on residents in the target area, and the relationship of this impact to expected outcomes listed in the organization's annual revitalization plan.

(9)  The number of housing units rehabilitated or constructed at various stages of development, predevelopment phase, construction phase, completion and sell-out or lease-up phase, and condominium or property management phase by the community-based development organization within the service area during the reporting period.

(10)  The number of housing units, number of projects, and number of persons served by prior projects developed by the organization, the amounts of project financing leverage with state funds for each prior and current project, and the incremental amounts of local and state real estate tax and sales tax revenue generated directly by the projects and programs annually.

(11)  The number of jobs, both permanent and temporary, received by individuals who were directly assisted by the community-based development organization through assistance to the business such as a loan or other credit assistance.

(12)  An identification and explanation of changes in the boundaries of the service area.

(13)  The impact of completed projects on residents in the target area and the relationship of this impact to expected outcomes listed in the organization's annual revitalization plan.

(14)  Such other information as the Department of Community Affairs requires.

History.--s. 7, ch. 2000-351.