| Community Budget Issue Requests - Tracking Id #2888 | |||||||||
| Empowerment Zone | |||||||||
| Requester: | Lyn Harris | Organization: | Miami-Dade County/City of Jacksonville | ||||||
| Project Title: | Empowerment Zone | Date Submitted | 1/15/2003 4:46:06 PM | ||||||
| Sponsors: | Robaina | ||||||||
| 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. | |||||||||
| Recipient: | Miami-Dade County/City of Jacksonville | Contact: | Lyn Harris | ||||||
| 111 NW 1st ST. | Contact Phone: | (305) 375-2262 | |||||||
| Miami 33128 | |||||||||
| Counties: | Dade, Duval | ||||||||
| Gov't Entity: | Yes | Private Organization (Profit/Not for Profit): | |||||||
| 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. | |||||||||
| Is this a water project as described in Chapter 2002-291, Laws of Florida? | No | ||||||||
| 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 | |||||||||
| Amount requested from the State for this project this year: | $10,000,000 | ||||||||
| Identify item(s) in the FY 2003-04 Appropriations Bill to be reduced: | |||||||||
| Specific Appropriation #: | |||||||||
| Specific Appropriation Title: | |||||||||
| Amount to be reduced: | $ | ||||||||
| Total cost of the project: | $10,000,000 | ||||||||
| Request has been made to fund: | Operations | ||||||||
| What type of match exists for this project? | Local, Federal | ||||||||
| Cash Amount | $7,900,000 | ||||||||
| Was this project previously funded by the state? | Yes | Fiscal Year: | 1999-2000 | Amount: | $3,275,000 | ||||
| Is future-year funding likely to be requested? | Yes | Amount: | $10,000,000 | To Fund: | Operations | ||||
| Was this project included in an Agency's Budget Request? | No | ||||||||
| Was this project included in the Governor's Recommended Budget? | No | ||||||||
| Is there a documented need for this project? | Yes | ||||||||
| Documentation: | Meets federal qualifying guidelines for Empowerment Zone designation; both city/county impoverished. | ||||||||
| Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)? | Yes | ||||||||
| Hearing Body: | Miami-Dade Legislative Delegation | ||||||||
| Hearing Meeting Date: | 12/17/2002 | ||||||||